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Health-tech startup NeoDocs raises an undisclosed amount of funds in pre-seed funding led by 9Unicorns – Business News , Firstpost



Neodocs analyses medical reviews and gives personalised well being suggestions remotely.

9Unicorns on 1 December mentioned it led a pre-seed funding spherical in NeoDocs, an synthetic intelligence (AI) primarily based well being-tech platform. 9Unicorns is a fund arrange by startup incubator and accelerator Venture Catalysts. The funding spherical additionally noticed participation from traders similar to Rohit Srivastava, the pinnacle of the biosciences and biomedical engineering division at IIT (Indian Institute of Technology) Bombay and Khyaal CEO Hemanshu Jain, a press release mentioned, with out giving any particulars in regards to the funds raised.

Founded in 2020 by IIT Bombay alumni Nikunj Malpani, Anurag Meena and Pratik Lodha, NeoDocs goals to disrupt the healthcare trade by enabling self-prognosis by means of its AI-led know-how.

The platform’s proprietary AI engine processes medical reviews, seems to be for inter-biomarker relations and generates a wise report in English and Hindi through NeoDocs lab-agnostic system. The begin-up will quickly launch the report in different vernacular languages of India.

Apoorv Ranjan Sharma, co-founder and managing director of 9Unicorns mentioned, “The pandemic has propelled the adoption of AI in healthcare across multiple applications. The major factor being the increased volume of data that is demanding pharmaceutical and biotechnology companies to look for improvised healthcare services. NeoDocs is at the centre of this disruption and is well-suited to catapult to success in this thriving industry.”

Nikunj Malpani, CEO, NeoDocs mentioned, “Seeing my parents develop co-morbidities, in spite of doing annual health check-ups and leading a seemingly ‘healthy’ lifestyle, has been my main motivator. There are more than 550 million Indians who are either pre-chronic or chronic. By building a vernacular product, we help people understand future health risks and avoid them with evidence-backed personalised recommendations, backed by a team of top medical experts.”

“We will use the funding to build a strong cross-functional team, further strengthen the product and do validation studies,” added Malpani.

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