• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Health-tech Startup mfine raises $17.2 million in Series B Funding

by Apoorv Anupam
April 23, 2019
in News
Reading Time: 2 mins read
0
mfine
TwitterWhatsappLinkedin

mfine

You might also like

Weekly Business News: Everything from Starlink’s India entry to Ecom Express Acquisition

Weekly Startup Funding News: Indian startups raised $92 Mn this week; from WIOM to POP

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

23 April 2019, India:

Health-tech Startup mfine has $17.2 million in Series B round of funding. The funding round was led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group.

SBI Ven Capital, BEENEXT and existing investors, Stellaris Venture Partners and Prime Venture Partners also participated in the funding round.

With this fresh funding, mfine plans to solidify its leadership position in delivering an AI-driven, on-demand healthcare service across India, the company said in a statement.

The startup will use the fresh capital to expand its hospital network across the country, build its AI technology and expand the recently launched additional services which include delivering medicines, conducting preventive health screenings and diagnostic tests.

“We believe that India will leapfrog the methods of healthcare delivery that were adopted in the developed nations, and mobile will be at the centre of this disruption. The current funding is an endorsement to mfine’s unique model of working with reputed & accredited hospitals and using technology to make quality healthcare accessible to millions of people. The consumer traction proves that our model works and with this investment we want to scale the service across the country,” said Prasad Kompalli, CEO & cofounder, mfine.

Prasad Kompalli, added, “We are delighted to have SBI and BEENEXT on board as they share our vision of providing quality healthcare on-demand using AI and mobile tech. We see in them long term partners, in building one of the largest healthcare platforms in the world.”

“mfine’s AI healthcare delivery platform has the potential to bring in huge transformation in the Indian healthcare system where quality doctors are far and few and access to quality is limited. With an on-demand model and state-of-the-art AI and mobile tech, mfine stood out for us with great potential to deliver large scale impact in healthcare delivery in India,” said Tomoyuki Nii, Executive Officer of SBI Investment.

“mfine’s product and user experience stood out for us. The application of AI to help deliver large-scale impact in delivering healthcare is game changing. mfine has a very strong team with the founders having deep technical knowledge and with the right vision and business model for building a large impactful business in India’s healthcare sector. We will continue to support companies like mfine in India,” said Teru Sato, Founder & Managing Partner, BEENEXT.

mfine was founded by  Ashutosh Lawania and Prasad Kompalli in February 2017. The founders were later joined by Ajit Narayanan and Arjun Choudhary.

mfine is an AI-driven, on-demand healthcare service which provides its users access to virtual consultations and connected care programmes.

(Image – mfine)

Tags: BEENEXTfundingInvestmentmfinePrime Venture PartnersSBI InvestmentSBI Ven CapitalstartupStellaris Venture Partners
Tweet54SendShare15
Previous Post

Fintech Startup ZestMoney raises $20 million in Series B Funding

Next Post

Ed-tech Startup DoubtNut raises $3.3 million in Fresh Funding Round led by Surge

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Weekly Business News: Everything from Starlink’s India entry to Ecom Express Acquisition

by Ishaan Negi
June 21, 2025
0
Weekly Business News: Top business updates in this week

India’s rapidly evolving business and tech landscape is witnessing a week of dramatic turns—from legal battles and leadership pivots to billion-dollar investments and policy wins. From baby brands...

Read more

Weekly Startup Funding News: Indian startups raised $92 Mn this week; from WIOM to POP

by Ishaan Negi
June 21, 2025
0
Weekly Startup Funding News: Indian startups raised $196 Mn this week; from Emiza to Leap

After a hopeful rebound earlier this month, India’s startup investment activity experienced a steep decline in the third week of June 2025. Startups raised just $91.5 Mn across...

Read more

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

by Thomas Babychan
June 21, 2025
0
Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

In recent weeks, Apple has been engaged in private discussions about a potential acquisition of the AI search startup Perplexity, according to sources familiar with the matter. These...

Read more
Next Post
DoubtNut

Ed-tech Startup DoubtNut raises $3.3 million in Fresh Funding Round led by Surge

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?