Latest News | Ayu Health Raises USD 6.3 Mn in Series-A Funding Round

Get latest articles and stories on Latest News at LatestLY. Health-tech start-up Ayu Health on Thursday said it has raised USD 6.3 million (around Rs 46 crore) in Series-A financing round, led by Vertex Ventures and Stellaris Venture Partners.

New Delhi, Sep 16 (PTI) Health-tech start-up Ayu Health on Thursday said it has raised USD 6.3 million (around Rs 46 crore) in Series-A financing round, led by Vertex Ventures and Stellaris Venture Partners.

The round also saw participation from marquee angel investors including Varun Alagh of Mamaearth, Ashish Gupta of Helion and Rajat Goel of EyeQ Hospitals, Ayu Health said in a statement.

Also Read | Ola Electric Sells S1 E-Scooters Worth Over Rs 600 Crore in a Day, Says CEO Bhavish Aggarwal.

This fund infusion will help Ayu expand its hospital network and build new technology solutions to enable insurance processing, efficient procurement and clinical quality management at network hospitals, it added.

"Our mission at Ayu is to democratise hospital care by using technology to improve both the quality, efficiency and reach of stand-alone hospitals," Ayu Health Co-founder Himesh Joshi said.

Also Read | Sensex Crosses 59,000 Mark for First Time; Nifty Leaps to Fresh High.

The company is thrilled to partner with Stellaris and Vertex, as well as its angel investors to take its cause forward, he added. HRS hrs

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now