5C Network, a Bengaluru, India-based online medical diagnostics platform, raised US$4.6m in Series A financing.
The round was led by Celesta Capital, with participation from existing investors Unitus Ventures and Axilor Ventures and angel investors including Ajay Gupta (Emeritus Partner at McKinsey & Co.), Rohit Razdan and Shiv Tallam.
The company intends to use the funds to broaden and deepen its installed base of diagnostic establishment clients and radiologists, and ramp up talent and infrastructure for data science and clinical teams.
Led by Kalyan Sivasailam, CEO, 5C Network is building digital infrastructure for delivering better healthcare diagnostics in India. The company provides marketplace-like access for diagnostic establishments, radiologists and patient aggregation and management providers. Through its Prodigi platform, 5C delivers 1.5 radiological reports annually to 2000 hospitals and diagnostic centers across 300 cities in India.
This raise follows the strategic investment by Tata 1mg, in 5C Network.
FinSMEs
12/10/2022