16 February 2022 | News
Funding to grow the insurance and digital therapeutics vertical in India
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Mumbai-based digital health startup GOQii has announced its Series C funding round of $50 million led by Sumeru Ventures. The company has raised funding across equity, preference shares, notes and debt. The equity round was led by Sumeru Ventures. Sumeru Ventures is a global fund with a focus on next-generation technology areas.
GOQii will use the funding to grow the insurance and digital therapeutics vertical in India. The solutions would be first of its kind offerings taking the benefits of digital health to a large section of the population.
The insurance product would reward users for healthy behaviour by way of health insurance. GOQii is also targeting several therapeutic areas across diabetes, women's health, radiology, etc. through its digital therapeutics offerings.
GOQii is also set to launch its international offerings focusing on various solutions around preventive healthcare.