Debt financing
Remote patient monitoring enabler Dozee raises $10-M from Singapore’s Stockhausen
Bengaluru-based health-tech startup Dozee has raised USD 10 million in debt from Singapore-based Stockhausen International Pte Ltd. The board has allotted 7,545 Series B optionally convertible debentures at a face value of INR 1,14,074 apiece. The fresh capital will be used for business operations, development, and for lending to subsidiaries outside India.Founded in 2015 by Mudit Dandwate and Gaurav Parchani, Dozee provides remote health monitoring solutions through devices that track heart health, respiration, sleep quality, and stress levels.
Between Sep 2020 and Mar 2025, Dozee had attracted about USD 39-M from 3ONE4 Capital, Dinesh Mody Ventures, Prime Venture Partners, YourNest, and others.For FY24, Dozee had reported about INR 5.21 Cr in Operating Income and about INR 68.01 Cr in Net Loss.
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