VC Fund Investments
Physiotherapy platform Phyt.health raises $1.5 M from Lunsford Capital, others
Pune-based Phyt.health, a provider of AI-enabled physiotherapy services, has raised USD 1.5 million from US-based Lunsford Capital. Other participants in the seed round include founders Darpan Saini and Snehal Fulzele - entrepreneurs who had founded fintech company Cloud Lending Solutions, which was acquired in 2018. Phyt Health aims to deliver better and more affordable care to patients, and increased revenue for providers. The firm seeks to optimize physiotherapists' time, encourage patients' adherence to their treatment plan, and provide a continuous PT-Patient engagement model. It will use the funds to launch services, and expand operations in metros and tier 2 cities. It is also in talks with major healthcare providers for using their software.
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