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| MedTech Startup Helo Health raises its Seed Round from ah! Ventures Angel Platform |
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| MedTech Startup Helo Health raises its Seed Round from ah! Ventures Angel Platform. ah! Ventures has done 209 investments in 125 startups till date taking its total investment portfolio to INR 434 CR (~54 MN USD) with 16 exits and 48 follow on rounds. 55 investments have happened through all three platforms and the fund in 2023. |
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| Helo Health (Adarsa Pvt Ltd) is as a MedTech company, founded by industry veterans boasting extensive expertise in developing, launching, and scaling product-based solutions. The company's inception was driven by the vision of "diagnostics for all," harnessing unique and innovative solutions empowered by advanced technologies. Their flagship creation is a portable diagnostics solution capable of measuring 51 parameters and delivering instant results within a range of 6 seconds to 20 minutes. |
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| Helo Health has meticulously curated a robust pipeline and anticipates revolutionizing medical diagnostics in the country with its state-of-the-art multi-parametric diagnostics solution. Bridging the gap for quality diagnostics at an affordable cost, particularly in primary healthcare, remains a signi@icant challenge, especially in developing nations. |
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| "We have tailored our solution for rural Bharat, acknowledging the 90-crore population residing in villages lacking access to diagnostic lab facilities, resulting in substandard quality of care for citizens. Our solution encompasses a wide array of essential tests crucial for patient assessment. The technology is notably resilient, offering painless testing, rapid and accurate results, empowering healthcare professionals to diagnose patients more effectively. With ongoing deployments in rural areas and an accelerated pipeline for the upcoming year, we are dedicated to crafting specialized solutions for various diseases, poised to build a robust product portfolio in the years ahead. This round of funding is pivotal, enabling crucial appointments, channel establishment, and market foothold," stated Sandeep Bhatia, Managing Director & Founder. |
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| Helo Health has garnered grants, funding, and approvals from renowned institutions such as RIIDL, Somaiya University, Shiv Nadar University AIC, BIRAC and Niti Aayog. They recently secured a Seed round from the ah! Ventures Angel Platform. |
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| Mukul Jain, Deal Lead - Helo Health and VP at ah! Ventures expressed immense excitement about Helo Health and their solution, expecting substantial scaling in the future. Recognizing the critical need Helo Health addresses in medical diagnostics, Mukul foresees widespread acceptance not only in rural India but also in global geographies. This funding round is poised to position them as a frontrunner, facilitating market penetration and robust growth. |
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 6000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 434 CR (~54 MN USD) in 125 startups & 209 investments and have announced 16 exits & 48 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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