PE-VC Fund Investments
Oncology player 4baseCare raises Rs.90-Cr from Ashish Kacholia, Lashit Sanghvi, Yali Capital
Bengaluru-based precision oncology startup 4baseCare has raised INR 90 crore in the first close of its Series B funding round co-led by Ashish Kacholia and Lashit Sanghvi, with participation from existing investor Yali Capital.Founded in 2018 by Hitesh Goswami and Kshitij Rishi, 4baseCare leverages genomics and digital health technologies to develop personalized oncology care.The company plans to use the new funds to expand its hospital-linked genomics laboratory network across India, the Middle East, Southeast Asia, Latin America, and Central Asia. The fresh funds will also support the accelerated development and deployment of its AI-based clinical decision support solutions, including OncoTwin Insights.
Between Mar 2021 and Dec 2024, 4baseCare had attracted about USD 9 M from Yali Capital, First In Ventures, Growx Ventures, Mount Judi Ventures, Season Two Ventures, Infosys Innovation Fund and others.For FY24, 4baseCare had reported about INR 12 Cr in Operating Income and about INR 2 Cr in Net Loss.
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