Saturday, 16 October 2021

Health tech startup Quali55care raises seed funding to create larger inventory pool

27 January 2021 | News

The seed capital will be utilised by Quali55care to strengthen and establish tech support to enable smarter delivery by creating an AI-based recommendation engine for end-users

Source credit: Shutterstock

Source credit: Shutterstock

Mumbai based vendor aggregator of durable medical equipment has raised seed funding via India Accelerator’s Angel Investor Network, which invests in promising start-ups.

The seed capital will be utilised by Quali55care to strengthen and establish tech support to enable smarter delivery by creating an AI-based recommendation engine for end-users. Quali55Care also aims to create a larger inventory pool across various geographic locations and improve the value proposition by building an ecosystem.

Harddik K Patel, Founder & CEO, Quali55Care says “With a patient-centric approach, the company also has various flexi and budget-friendly plans in place for investments, to enable people to start their own small business. We are also targeting to expand their service horizons pan Maharashtra and metro cities in the near future and want the larger population to reap benefits. The company also plans to invest in tech-based logistic support.”

“The home care space has huge growth potential and the team is absolutely committed to making patient care a comfort of the home as well as easy and affordable. This bridge round will help the team to evolve their technology to make their deliveries efficient and cost-effective.” Mona Singh, Co-founder, India Accelerator. 

India Accelerator incubated Quali55care in their Summer Cohort Programme 2020 and has also lead this investment round through its iAngels Network. 

After being bootstrapped for almost two years now and achieving product-market fit, the company plans to look for funding to scale and materialize its vision with the aim to provide Simplified Recovery by all means.

 

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