IvyCap, Endiya bet on Synapsica Healthcare and 25 more India deal updates

IvyCap, Endiya bet on Synapsica Healthcare and 25 more India deal updates

Delhi-based Synapsica Healthcare has raised $4.2 million in its Series-A round backed by venture capital funds IvyCap Ventures and Endiya Partners, per an announcement.

The funding round also saw the participation of Silicon Valley-based incubator Y Combinator, and other angel investors.

The new capital would be used for overseas growth and to further expand the suite of AI features that help radiologists and spine specialists create patient reports quickly,  the startup said in a statement.

Founded by Meenakshi Singh, Dr Cherian and Kuldeep Singh Chauhan, Synapsica aims to improve the quality of radiology reports while making it easier for doctors to create them.

“We are obsessed with radiologist’s experience on our platform, and direct our research and tech development to create the best possible environment for clinical diagnosis. This means taking away all mundane tasks – button clicks, measurements, repetitive diagnosis – and giving back time to focus on the patient,” Meenakshi, CEO, Synapsica Healthcare said.

Synapsica claims to be trusted by 250+ doctors across 500+ hospitals and diagnostic centers.

INDIA DEAL MONITOR

Here are prominent venture capital transactions in India from June 22-24, 2021.

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