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Qure. Ai Bags $16m Fund From Sequoia India And Mass mutual Ventures Southeast Asia

Thursday, 05 March 2020, 14:28 IST
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Prashant Warier, Co-Founder & CEO, QURE.AIQure.ai a Mumbai based healthcare AI startup founded by Prashant and Pooja Rao in the year 2016 has received $16M from the investors Sequoia and Mass Mutual Ventures Southeast Asia.

The company uses Artificial Intelligence(AI) machines that are intelligently designed to perform the task within a short period of time. Qure. ai performs Radiology scans, X-rays and aims to scan patients with the help of AI which can detect the sickness or disorder within seconds.

The startup aims to provide healthcare facilities and accessibility to people living in different parts of
the country at an affordable rate.

Their method is CE certified and focuses mainly on radiology, along with with with X-rays, CT and MRI scans.

The company plans to use the funding for expanding its network geographically and provide proper medical facilities to every human being possible living across any place. The company also wants to use the fund to expand its product portfolio and support regulatory clearance.

Qure. ai along with the team of Scientist and Physician uses advance strategy and analytical tools that positions the company in competition with other enterprises.

The company wants to make healthcare more affordable to the people through the use of AI and establish itself as a strong business in the market against its competitors.

The backers of Qure.ai Mass Mutual Ventures SEA and Sequoia India have highly praised the startup's strategy and way of work.

The company is also backed by Fractal the leader of Artificial Intelligence and analytical leader which serves more than 100 companies.