Diabetes monitoring platform BeatO raises $2.3 M from Alteria Capital

Delhi-based healthtech startup BeatO has raised INR 18 crore debt from Alteria Capital as par its Series B round. BeatO will allot 1,800 Series B non-convertible debentures (NCDs) at an issue price of INR 1,00,000 per security to raise INR 18 crore (about USD 2.3 million). Founded by Gautam Chopra, BeatO provides a full-stack diabetes management program that helps the user manage exercising, diet, medicine intake, and diagnosis, and connects the users with doctors and diabetes educators for instant real-time guidance. The startup claims to have 300,000 paid members on its platform, adding 25,000 members every month.