Company Name : Care24
Funding Amount : $350,000
Investor(s) India Quotient . .
Funding Round : Seed Funding
Home healthcare startup Care24 has raised its first round of funding worth $350,000 from India Quotient.
Care24 will use funds to enhance its technology, strengthen team, and standardize care and quality assurance. Furthermore, it will focus on deepening its services and customer reach in Mumbai.
Garima Tripathi, Co-Founder, Care24, said, “We want to create an indelible position as India’s one point solution for patient care services at home. Our choice of business model, its veracity and market approach differentiates us and puts us in a unique position to address the dire need for apt and practical health care services in the country. India Quotient has shown a lot of faith in our capacity to execute the vision of the company. This investment will help us cement our technology, processes and recruitment of talent by making balanced investments in these directions and ultimately take us closer to the goal of delivering high quality patient care services.”
Care24 currently serves 50 new patients a day and plans on adding new service verticals. The company is also looking at adding travel assistants and equipment renting as part of the platform in the future.