Qure.ai, a medical technology firm, receives $65 million to develop AI-based disease detection products

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Qure.ai, founded in 2016 by Prashant Warier, provides AI-powered medical imaging diagnostics. It uses to diagnose brain damage, chest illnesses, and other conditions.

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The startup claims its system can detect clinically important aberrant injuries from X-rays, CT Scans, and MRIs in less time than clinicians

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Medtech startup Qure.ai raised $65 million (INR 543 crore) in a Series D fundraising round headed by Lightspeed Venture Partners and 360 ONE Asset Management.

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Merck Global Health Innovation Fund and Kae Capital joined current investors Novo Holdings, Health Quad, and TeamFund in the round

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According to Bloomberg, the company intends to utilize the cash to expand in the US and other regions, strengthen its GenAI foundation models, and fund acquisitions.

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Prashanth Warier, Qure.AI's founders and CEO told Bloomberg that AI is assisting in the removal of healthcare bottlenecks

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The Indian medtech, diagnosis, and treatment business is changing significantly due to digital health adoption, AI integration, and wearable technologies.

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Last month, Visit Health received INR 250 Cr (almost $29.8 Mn) from PB Fintech's affiliate, Docprime Technologies.

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