The Delhi – based breast cancer screening startup, Niramai Health Analytix, announced yesterday (24/04/2017) that it had raised an undisclosed amount of seed funding from a clutch of VC firms and angel investors. The VC firms which took part in the round of funding are Pi Ventures and Axilor Ventures. The angel investor who took part in the round of funding is Flipkart’s co – founder, Binny Bansal. Data released by Small Industries Development Bank of India (SIDBI) shows that Pi Ventures alone had invested around Rs. 3.25 crores in the startup. Read more on Investments
“Niramai will use the funds to strengthen its intellectual property portfolio, expand operations throughout India and make its cancer screening tool available for commercial use”, said Geetha Manjunath, co – founder and CEO of Niramai.
Niramai was founded in July 2016 by former employees of Xerox Research Center and Hewlett – Packard Labs, Manjunath Mathur and Nidhi Mathur. NIRMAI stands for Non –…