Healthcare startup 4baseCare has raised $6 million in its Series A round led by Yali Capital.
As per the company, the proceeds will be used to enhance product offerings and scaling up operations for further expansion across India, as well as other countries in Asia and the Middle East.
Founded in 2018 by Hitesh Goswami and Kshitij Rishi, 4baseCare’s offers precision oncology solutions using advanced genomics and digital health technology. Its genomic tests have made a substantial impact across SouthEast Asia, impacting over 10,000 cancer patients.
Its genomic-based tests include Indiegene which it claims is the world’s first Indian population specific cancer gene panel for biomarker testing.
Over the next few months, 4baseCare will set up genomics laboratories in the Philippines, Nepal, and Dubai. Additionally, it will focus on building genomics and digital health solutions, focusing on advanced data analytics, improved clinical insights, and data-driven treatment recommendations.