Private Equity

Angel Investments

Health-tech co. Qure.ai raises funding

Entrackr  

The firm develops deep-learning algorithms to interpret medical images (X-rays, CT scans) for faster, more accurate diagnosis of diseases like tuberculosis (TB), lung cancer, and strokes. It enhances diagnostic speed in underserved areas, improves treatment outcomes, and helps address the shortage of radiologists. The firm has offices in Bengaluru and international offices in the USA and the UK.

Between Feb 2020 and May 2024, Qure.ai had attracted about USD 126 M from MassMutual Ventures, Peak XV Partners, HealthQuad, TEAMFund, 360 ONE, Kae Capital, Lightspeed Ventures, Merck Global Health Innovation Fund, Novo Holdings and others.For FY25, Qure.ai had reported about INR 175 Cr in Operating Income and about INR 90 Cr in Net Loss.