Healthtech startup BlueSemi bags Rs 500 crore

BlueSemi is a Hyderabad-based deep tech AIoT firm founded in May 2017 by Sunil Kumar Maddikatla. Their Needle-Free Glucometer, Eyva bags the large sum of Rs 500 crore.

BlueSemi is a Hyderabad-based deep tech AIoT firm founded in May 2017 by Sunil Kumar Maddikatla. Their Needle-Free Glucometer, Eyva bags the large sum of Rs 500 crore. BlueSemi was formed with the vision to leverage innovative and cutting-edge technology to promote a Preventive and Connected healthcare ecosystem.

Eyva is a non-invasive glucometer that when placed on one's skin can read six biometrics within the span of 60 seconds. It checks one's sugar level, body temperature, ECG, heart rate, SpO2 for blood oxygen along blood pressure. Their product Eyva is pocket-friendly and costs upwards of 15,000. Based on the metrics the app can recommend diet, exercise and other ways to take care of your health. 

For COVID, the company had created Sens, a contactless temperature measuring solution. The venture was founded by IIIT-Hyderabad's postgraduate. BlueSemi had received $300,000 in seed funds and $166,000 in an angel round. Eyva helps people make informed choices regarding their food and its response to the body. 

According to the International Diabetes Federation (IDF), as many as 463 million people are suffering from diabetes globally. Nearly, 77 million people belong to India alone. Yet preventive healthcare for diabetes is scarce in the 'Diabetes Capital' of the world.

Tags : #BlueSemi #SunilKumarMaddikatla #Eyva #diabetes #glucometer #funding #fundingalert #smitakumar #medicircle

About the Author


Priyal Shah

Priyal Shah is a graduate of Media from Mithibai College, Mumbai. She is a writer, researcher and avid reader.

Related Stories

Loading Please wait...

-Advertisements-


Trending Now

Is Liposuction surgery safe? Know the side effects of Liposuction Surgery May 21, 2022
The BD 'Advances in Clinical Flow Cytometry' Event provides clinicians with a rich knowledge-sharing platformMay 21, 2022
Omega 3 fatty acids – The essential fatMay 21, 2022
Vitamin B12 – Deficiency and sourcesMay 21, 2022
CDSCO has approved Boehringer Ingelheim's Jardiance for the treatment of heart failure.May 20, 2022
Hanuman raises over $.5 million to expand its emergency medical response services in Bihar, Jharkand and UP May 20, 2022
Sudden Infant Death Syndrome (SIDS) – Causes and preventive methodsMay 20, 2022
Healthcare Innovation Challenge: Data's Expanding Role in the Healthcare SectorMay 20, 2022
Homeopathy in Pregnancy - Homeopathy Treatment | MedicircleMay 20, 2022
MetroMedi launches the MetroMedi Relief platform for mental and sexual health wellbeing.May 20, 2022
Top Health Benefits for Butter milk May 20, 2022
Sumit Agarwal- Born with Cerabral Palsy to today being an acclaimed entrepreneur in the public relations industry in IndiaMay 20, 2022
Five eye hospitals in the Tri-city region have been acquired by Dr. Agarwal's Eye Hospital.May 19, 2022
World Family Doctor Day, 2022 – Family doctor makes care easily accessible May 19, 2022
Adani Enterprises will explore the healthcare industry.May 19, 2022
Tips for Weight Loss May 19, 2022
What should be the diet during menopause? May 19, 2022
5 Tips To Get Rid Of Cracked Heels In SummerMay 19, 2022
How is meditation beneficial in reducing low blood pressure?May 18, 2022
Why should we not eat mushrooms because of kidney disease? May 18, 2022