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Digital Diagnostic Startup 5C Network Raises $ 4.6 Million

Oct 12, 2022•almost 3 years ago

Amount Raised

$4.6 Million

Round Type

seed

IndiaVenture CapitalArtificial IntelligenceBiotechnologyHealth Care

Description

Online medical diagnostics platform 5C Network has recently raised $ 4.6 million in Series A financing led by deep tech venture capital firm, Celesta Capital, with existing investors Unitus Ventures and Axilor Ventures co-participating in the round, along with angel investors including Ajay Gupta (Emeritus Partner at McKinsey & Co.), Rohit Razdan and Shiv Tallam, the startup said in a statement.

Company Information

Company

5C Network

Location

India

About

Founded in 2016, 5C Network is India’s leading healthcare delivery network offering a bouquet of connected diagnostic services and solutions. At the core of the network is prodigy.ai, a cutting-edge, state-of-the-art digital platform designed to connect patients, physicians, and healthcare providers, and diagnostic centers. 5C Network today offers Borderless Radiology, their flagship advanced teleradiology services for MRI, CT, PET/CT, and XRAY scans. This service is unparalleled in terms of its reach and scale in India today. It is aimed to bridge the demand-supply gap of radiologists in the country. The Prodigi.ai platform uses artificial intelligence and machine learning to help automate the flow of cases to the appropriate radiologist on the network who can report the case. The radiologist is aided by AI reports which enable them to do their reporting faster and better. 5C Network has made it possible to bring down the average reporting time for radiology in India from 24 hours to under 40 minutes.

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