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Health-tech firm Acculi Labs raises seed funding from PirE Ventures

By Narinder Kapur

  • 05 Oct 2020
Health-tech firm Acculi Labs raises seed funding from PirE Ventures
Credit: 123RF.com

Acculi Labs Pvt Ltd, a health-technology firm focussed on patient-centric disease management and diagnostics, has raised Rs 5 crore (around $700,000) in seed funding.

Bengaluru-based Acculi Labs has raised this capital from PirE Ventures, it said in a statement.

According to its website, Mumbai-based PirE is an investment management firm that concentrates on sectors including real estate, healthcare, fast-moving consumer goods, and niche manufacturing.

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Acculi Labs in September last year raised an undisclosed sum in pre-seed funding from a group of angel investors and Bengaluru-based Startup Basket, according to VCCEdge, the data research arm of Mosaic Digital.

The startup was founded by Rupam Das in 2017. The company says it aims to make home-based care accessible to all sections of society. 

Its flagship product, Lyfas, is a mobile-based clinical-grade digital biomarker tool that allows for disease profiling and monitoring.

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Das said the firm will use the capital it has raised to increase investments in its research and development facilities as well as enhance its go-to-market strategy.

“The asset-light and tech-driven models of the company are easily pluggable into various setups including OPD, telemedicine, post-surgery care,” PirE’s Geetha Mahadevappa said. 

Deals in health-tech 

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Acculi Labs is the latest startup in the health-tech space to raise funding this year.

According to a VCCircle survey, health-tech is the most preferred sub-domain for venture capitalists this year. Last week, digital health platform Maatri raised $300,000 (around Rs 2.21 crore) in its first external funding round.

Last month, Dozee secured Rs 12.5 crore from investors including Prime Venture Partners, YourNest Venture Capital and 3one4 Capital; and diagnostics-focussed startup ConnectedH raised seed funding from a clutch of investors.

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In July, VCCircle exclusively reported that marquee venture firm Sequoia Capital had invested in a startup founded by former executives of Manipal Health Enterprises and Amazon; and SAIF Partners backed a New Delhi-based healthcare services platform.

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