22 September 2021 | News
The funds will be utilised to fuel further growth
Healthcare AI startup Endimension, based in Mumbai, has raised Rs 2.3 crore in a Seed Round from Inflection Point Ventures. The funds raised will be utilised to acquire talent for new product development, R&D and for boosting the sales team to fuel further growth.
The IIT-Bombay incubated startup stands strong with an in-house AI technology team and a combined experience of over 35 years. The AI platform of the startup helps to automatically detect abnormalities and diseases, via AI algorithms from medical scans, so as to reduce patient misdiagnosis and increase Radiologists’ efficiency.
Ankur Mittal, Co-Founder, Inflection Point Ventures says, “Cutting edge technologies are being used in many complex treatments and surgeries. These are early days for application of AI and ML at the diagnostic stage, not only in India but worldwide."
Bharadwaj Kss, Founder & CEO, Endimension is an alum of IIT Madras and IIT Bombay and has experience of over a decade in AI and Machine Learning research. He says, “There is a global shortage of radiologists leading to radiologist burnout and patient misdiagnosis. The number of medical images is increasing exponentially whereas radiologists are only growing linearly.”