Funding News: Dozee Raises $8 Million to Accelerate Global Expansion and R&D

Startup: Dozee

Founder: Mudit Dandwate and Gaurav Parchani

About us: Dozee is India’s leading AI-powered contactless Remote Patient Monitoring (RPM) and Early Warning System (EWS). A solution that continuously monitors patients and provides early warnings of clinical deterioration, enabling timely interventions and enhancing patient safety in hospitals, nursing facilities, and patient homes.

Founded Year: 2015

Office: Bengaluru, Karnataka

Sector: Hospitals and Health Care

Funding Round: Equity and Debt

Investors: C3H, Stockhausen International Pte Ltd, Undisclosed Strategic Investors

News: Dozee, a healthtech company backed by Prime Venture Partners and 3one4 Capital, has raised 71.5 million (around $8.3 million) in equity and debt, as per sources.

According to the MCA filings of the company, Temasek Trust's impact investment arm C3H invested 6.3 million as equity, and 58.5 million was contributed as debt by Stockhausen International Pte Ltd. The rest of the funds were contributed by strategic investors who have not been disclosed.

This fresh capital infusion will assist Dozee in scaling up its global footprint and augmenting its research and development strength for enhancing critical patient care monitoring systems.

Established by Mudit Dandwate and Gaurav Parchani in 2015, Dozee is a contactless patient monitoring company that allows healthcare professionals to track patients' vital signs such as heart rate, respiration rate, blood pressure, and temperature remotely. In addition, Dozee provides early warning to alert doctors to probable health decline of patients.

Website: http://www.dozeehealth.ai