VC Fund Investments
Health-tech startup ekincare raises investment from HealthQuad, Merck unit
Hyderabad-based health-tech startup ekincare has raised an investment led by MSD IDEA Studio Asia Pacific, a unit of US-headquartered pharma firm Merck & Co. The round also saw participation from existing investor, HealthQuad.ekincare is focused on corporate primary and preventive healthcare through AI-driven, personalised Outpatient Department (OPD) solutions.
Between Jan 2018 and Mar 2022, eKincare had attracted about USD 21 M from Eight Roads Ventures, Endiya Partners, HealthQuad, Sabre Partners, Siana Capital, Ventureast and Touchstone Equities.For FY24, eKincare had reported about INR 52 Cr in Operating Income and about INR 25 Cr in Net Loss.
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