Home Tech News AI fitness tech start-up increases ₹31 cr from Alteria Capital
Tech News - July 4, 2019

AI fitness tech start-up increases ₹31 cr from Alteria Capital

Bengaluru: City-based total startup NovoCura Tech Health Services Pvt Ltd, which owns the mine health-tech app, stated on Tuesday it has raised Rs31 crore as assignment debt from Alterra Capital.
In April, the startup raised $17.2 million in series B funding from SBI Investment, SBI Ven Capital, Stellaris Venture Partners, and Prime Venture Partners.
The AI-powered healthcare platform, which connects individuals to medical doctors online, plans to expand clinic network to Delhi NCR, Kolkata, Mumbai, Chennai in the coming six months.
Mine was based in February 2017 by means of Ashutosh Lawania (Myntra co-founder) and Prasad Kompalli, a former enterprise head at Myntra. The founders had been later joined by way of Ajit Narayanan, ex-Myntra CTO, Arjun Choudhary, ex-Myntra head of growth advertising and marketing.
Including the present day funding spherical, the startup has raised over $28 million and has three hundred personnel in Bengaluru & Hyderabad.
The agency plans to bring together over 250 hospitals, from 10 towns with greater than 2500 doctors onto its digital health facility platform because it goals to triple its investments in AI, cellular engineering and hardware integration stated, the employer in a press launch.
Mini follows a model of partnering with leading and trusted hospitals as opposed to aggregating person medical doctors on its platform.

NEW DELHI: A day before the Union Budget is presented, Finance Minister Nirmala Sitharaman nowadays tabled the Economic Survey 2018-19, organized with the aid of Chief Economic Adviser Krishnamurthy Subramanian, within the Parliament. The Economic Survey initiatives the country of the health of the Indian economy and descriptions the challenges.
The Indian economy is at 5-12 months low of 6.8% in 2018-19 and the fourth area growth has slumped to 5.Eight% that’s a 17-zone low.
Live Updates of Economic Survey 2018-19:
2:20 pm: We can be sticking to the fiscal course which has been laid out; if personal funding has to growth, it cannot be allowed to be crowded out by using public investment: CEA Subramanian.
2:12 pm: The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Bibek Debroy, welcomed the Economic Survey’s emphasis on economic consolidation and economic field and investments, especially private investments, as the increase driving force.
2:12 pm: Let non-public funding growth, this may make companies greater productive, bringing jobs and growing exports, making firms able to compete in worldwide markets; this will boom call for and in addition investment: CEA.
2: eleven pm: Prime Minister Narendra Modi said the Economic Survey 2019 outlines a vision to gain a $five trillion economy. “It additionally depicts the profits from advancement within the social quarter, adoption of technology and electricity security,” PM Modi tweeted.
2:06 pm: NITI Aayog vice-chairman Rajiv Kumar stated the Economic Survey reflects the government’s remedy to maintain monetary stability while pushing up GDP growth charges by using measures to accelerate private funding. He stated the document offers a complete and clean picture of monetary traits & challenges ahead.
2:04 pm: China and East Asia have grown via increasing investment which more advantageous productivity; they pursued export-pushed version which enabled them to compete in worldwide markets – CEA.
2:04 pm: Filling existing judicial vacancies and improving productiveness upgrades in courts can cope with the key hurdle of delays in settlement enforcement and dispute decision: CEA
1:57 pm: Subramanian makes the case for the capacity of statistics as a public properly; governments want to invest in this equal manner as they construct roads for the welfare of human beings.
1: fifty-five pm: India to develop as EV manufacturing hub like Detriot: Economic Survey
1:f fifty-five: Labour reforms undertaken via Rajasthan offer proof for the capacity of labour deregulation in allowing higher increase: CEA
1:51 pm: Firms that through the years develop huge are giant individuals to employment and price; want greater recognition on companies to attain economies of scale, as opposed to on companies which remain slow notwithstanding their age: CEA
1:f orty seven pm: The Economic Survey shows that the ones states which had been inflexible in appreciate of their labour legal guidelines have not best suffered in all dimensions however have also been not able to create sufficient employment. These states have also failed to attract adequate capital investment that’s important for activity introduction.
1:f orty six pm: The Economic Survey of India for the year 2018-19 tabled in Parliament on Thursday has suggested deregulation of labour laws to create greater jobs inside the u . S ..
1:45 pm: The Indian industry and infrastructure region’s real mission is to herald good enough private funding in collaboration with the public quarter, stated the Economic Survey 2018-19.
1:44 pm: Beti Bachao Beti Padhao scheme has led to an improvement in intercourse ratio at the beginning: CEA
1:f orty four pm: Inflation price has moved to a more strong and occasional level in the ultimate 5 fiscals, and controlling rate surge stays a key coverage focus vicinity of the government, Economic Survey for 2018-19 stated.
1:f orty three pm: Swachh Bharat has contributed to improved fitness results in a very large way: CEA
1:42 pm: Economic Survey 2019 argues for an ambitious agenda for social trade, treating humans as human beings, counting on the classes provided with the aid of behavioural economics.
1:40 pm: In the next two decades, we can be able to avail the advantages of demographic change, with a view to allow us to grow in a sustained way at 8%: CEA

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