Forus Health Pvt. Ltd., a Bangalore, India-based affordable medical technology and solutions company, has raised $5m in Series A funding.
Backers include Accel Partners and IDG Ventures India.
Led by President & CTO Dr. Shyam Vasudeva Rao, PhD., and CEO K Chandrasekhar, Forus provides 3nethra, a portable, low cost, non-mydriatic, non-invasive pre-screening ophthalmology solution that can detect Cataract, Glaucoma, Diabetic Retina, Refraction and Cornea problems.
3nethra can be operated by a minimally trained technician, and can be deployed in remote areas.
The company intends to use the funding to drive manufacturing and sales of the 3nethra and to accelerate research on 3nethra and other devices.