27 April 2022 | Features
A leader in mobile cardiology
Inception- 2017
Location- India & US
Domain- Digital Health
Founders- Srikanth (Sree) Jadcherla, Ashvanni (Ash) Srivastava , Nagesh Rangappan, Rajaram Shastri, Venkatkrishna Araveti
Total team strength- 30
Total funds raised- Rs 76.6 crore
Investors- NA
Revenue generated since inception- NA
Key highlights-
Founder Speaks-
"The amalgamation of technology and digital health interventions is not new. However, providing quality digital health solutions to prevent disease and improve quality of life is the need of the hour. In the face of global concerns, high costs, access to healthcare, digital health platforms, and related technology seem to grow in importance and evolve. COVID-19 has further transformed and accelerated the pace of digital health adoption.
The markets have witnessed consolidation across the globe from Hillrom acquisition of Seattle's Bardy Diagnostics ($367M), Philips's acquisition of BioTelemetry to transform the delivery of healthcare, and Boston Scientific's acquisition of Preventice - Remote Patient Monitoring (RPM) is the new normal.
In addition, India's healthcare industry has been growing at a Compound Annual Growth Rate of around 22% since 2016. Termed the sunrise industry, healthcare is one of the largest sectors of the Indian economy in terms of revenue and employment and continues to grow."
- Srikanth Jadcherla, Chief Executive Officer & Co-founder, iMedrix
L-R- Ashvanni Srivastava & Srikanth Jadcherla