Taking its interest in the digital health sector to the next level, tech giant Apple has quietly acquired personal health data startup Gliimpse founded by two Indian-origin entrepreneurs. Founded in 2013 Gliimpse provides a secure platform where consumers can manage and share their medical records and info.
Vyome Biosciences, a clinical-stage specialty biopharmaceutical company developing medicines for treating skin diseases caused by resistant microbes, has received $14 million (approx INR 93 crore) Series-C funding. The round was led by Perceptive Advisors, a New York based life sciences fund and, Romulus Capital, a Boston-based VC firm, along with participation from existing investors including Kalaari Capital, Sabre Partners and Aarin Capital. The funding will be utilized to advance the clinical development of lead product and continue to develop other proprietary products in the pre-clinical stage.
Gurgaon-based Labstreet, which helps consumers with pathology tests, has been acquired by Niramaya PathLabs in a cash and stock deal. Post-acquisition, the founders will not be joining Niramaya but will continue in advisory roles and remain stakeholders in the company. Labstreet will continue to operate under the same brand name, but the possibility of a merger in the near future cannot be ruled out.
IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) has invested undisclosed amounts in two health tech start-up – Doux Dentistry and Zeolr. Doux Dentistry, is a dental care start-up aiming to make dental care affordable & accessible for patients at their homes under the brand name Mobident. While Zeolr, is an IoT based healthcare startup that is developing solutions to aid in better management of chronic diseases by patients and availability of information to physicians for regular supervision, revision and reinforcement.
Bengaluru-based Tricog Health Services Pvt Ltd has raised an undisclosed amount in a Series A round from Inventus Capital Partners, Blume Ventures and a group of angel investors. The funding will be utilized to enhance technology. Founded in January 2015 Tricog has built add-on hardware for ECG (electrocardiography) machines that uploads the data and returns a diagnosis in 30-45 seconds.