Health-tech startup Navia raises bridge round of $100K

June 05, 2018 | Tuesday | News

The startup is planning to use the funds towards growth and working capital, along with fuelling expansion in business development and technology.

Image credit- agahgroup.com

Image credit- agahgroup.com

Health-tech startup Navia Life Care Pvt. Ltd has raised a bridge round of $100,000 (Rs 67 lakh) from existing investor Benori Ventures LLP, which is led by research major Evalueserve’s former chief executive Ashish Gupta. Sngel investors including Rahul Verma and Sorabh Agarwal also participated in the round.

The startup is planning to use the funds towards growth and working capital, along with fuelling expansion in business development and technology.

The firm also plans to launch a few products over the next three to four months.

The digital health management platform offers customised mobile apps for doctors, clinics, hospitals, and pharmaceutical companies for patient monitoring, engagement and compliance.

Navia is currently working with around 25 clinic chains and hospitals, along with one pharmaceutical company, and is targeting 200 clients in this financial year.

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