In-Med Prognostics, a Neurological healthcare startup, raises $2.13 million in funding led by Exxora

In-Med Prognostics offers neuro analysis that helps in the early detection of neurological disorders such as Alzheimer’s, Dementia and Parkinson’s at affordable prices. The funds will be utilized for product portfolio development and tap into the worldwide markets.

In-Med Prognostics, a Neurological healthcare startup,  raises $2.13 million in funding led by Exxora

Healthtech startup In-Med Prognostics has raised $2.13 million, led by investment firm Exxora with the participation of other angel investors. The company will use the fund to expand its product portfolio and tap global markets.  

In-Med offers AI-powered image processing software for radiologists and neurologists to enhance workflow. This analysis helps assess and detect neurological disorders such as dementia, Alzheimer’s and Parkinson’s at affordable prices.  

The Pune-based startup was founded in 2018 by Latha Poonamallee and Rajesh Purshottam. Its holding company InMed Inc, is based out of the US. In-Med received a Rs 50 lakh grant from Biotechnology Industry Research Assistance Council (BIRAC) in 2019.

Sriram Natarajan, director, Exxora stated, “Medtech is seeing some opportunities and we continue to invest in startups like In-Med Prognostics that are providing innovative solutions in the area of preventive brain health using AI & deep learning.”  

The company plans to expand to Africa and has been associated with diagnostic care service organizations in India like Gujarat Scans, Aarthi Scans, Scansworld, Nanavati and Cauvery Hospitals.

(Edited by Rajeev Pillai)

 

Tags : #fundingalert #Inmedprognostics #healthcarestartup #radiology #neurology #medicircle #smitakumar

About the Author


Rajeev Pillai

Rajeev Pillai has accumulated extensive experience in the Electronics and Telecom Service Industry with global companies in the Middle East. Being a continuous learner with a lifelong passion for writing, Rajeev writes on topics such as Healthcare, Finance, Travel and Technology.

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Advancing Healthcare Access: ScreenHer initiative in Pakistan close to reaching milestone of 20,000 diabetes screenings in 70 clinics February 26, 2024
FICCI Ladies Organization organized an interaction with one of the doyens of Indian IT industry Dr BVR Mohan ReddyFebruary 26, 2024
Former Secretary General of SCSC, Krishna Yedula conferred with Doctorate in HumanityFebruary 25, 2024
Project Champion School Games held February 25, 2024
Daksha 3.0, a nation level techno-test organised by Anurag University concludedFebruary 25, 2024
Mechanisation of Visakhapatnam Port is almost completeFebruary 24, 2024
Recovery Process After Contoura Surgery: Tips and Insights from an ExpertFebruary 24, 2024
Understanding Age-Related Macular Degeneration (AMD) and the Role of NutritionFebruary 24, 2024
Impact of Alcohol Consumption on Eye Health: Insights from a Senior Cataract SurgeonFebruary 23, 2024
Better health of healthcare workers in India : A Closer Look” Insights by Dr. Gopal Sharan MD & CEO of TRLS Healthcare ConsultancyFebruary 23, 2024
Chandrayaan Soft landing of India sent a strong message to the world not to take Indians light: Dr Prakash Chauhan, Director National Remote Sensing CenterFebruary 23, 2024
Dr Raj Nagarkar Leads Master Class On Robotic Surgery For Postgraduates At MASICON 2024 In NashikFebruary 23, 2024
Nanhaagyan Foundation Illuminates Pune with the Resplendent Healing Light Awards 2024February 23, 2024
Anifest India 2024: Pioneering Creativity in Pune's Animation Landscape"February 23, 2024
A Tie with a difference, promoting a cause, 17 SDGs of UNFebruary 22, 2024
Worldwide EndoMarch, Endo Run to raise mass awareness on Endometriosis!February 21, 2024
Uptick In Respiratory, and Cardiac Problems Due To Poor Air Quality In DelhiFebruary 21, 2024
Evidence shows risks associated with energy drinks in childrenFebruary 21, 2024
iHub-Data at IT-Hyderabad announces collaborative initiative with technical institutions for AI/ML training programsFebruary 20, 2024
Viatris Receives Global Minimized Risk of Antimicrobial Resistance Certification, Advancing its Commitment to Responsible Antibiotic ProductionFebruary 20, 2024