Social VC Investments
Samridh Healthcare provides $350-K to support Qure.ai's X-ray screening s'ware
The Samridh Healthcare Blended Financing Facility - supported by the United States Agency for International Development (USAID) in collaboration with Indian' Government agency NITI Aayog - has committed INR 2.45 crore (USD 350,000) to Qure.ai to scale its Artificial Intelligence (AI)-enabled chest X-ray screening software in 50 sites across more than 15 states. (SAMRIDH has mobilized a capital pool of $250 million to offer both grant and debt financing provision to healthcare enterprises and innovators, to augment their capacity for production and supply of high impact health solutions.) Qure.ai builds AI-powered solutions focusing on pulmonary and neurocritical areas to deliver better care for patients. The software known as qXR software can detect 30 critical lung abnormalities in under a minute. It can also quantify the infection, giving doctors real-time insights into disease progression.
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