Heaps Health Solutions, an AI-driven healthtech startup, has raised $7.45 million in its Series A round led by NVS Wealth Managers and Rajiv Dadlani Group.
The proceeds will be used for expanding its team, accelerate product development and optimisation, and to penetrate further into existing and newer markets, said Heaps Health in a press release.
Founded by Suman Katragadda, Heaps Health offers AI-based patient engagement platforms to insurers, hospitals and corporations.
The firm leverages advanced data analytics, artificial intelligence and machine learning (ML) to revolutionise healthcare delivery and payment models. It works with key stakeholders such as patients, payers (insurance companies), providers (hospitals) and large corporations.
The startup currently operates in India and the USA and has a strong pipeline of demand from other countries such as South Africa, Bangladesh and the UAE.