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[Funding News] Cloudphysician Secures $10.5 Mn Series A Funding Round from Peak XV Partners

By Team VS
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Dileep Raman, co-founder, Cloudphysician

Cloudphysician Healthcare, a healthtech startup, has secured $10.5 million in a Series A round led by Peak XV Partners.

The capital will be utilized to accelerate Cloudphysician's growth and operations in India, as well as to further expand into a variety of established and emerging markets, including the United States. Additionally, it will be employed to improve the co-pilot features of the startup's innovative AI platform, RADAR, through the utilisation of data.

Read also - Fintech Startup CheQ Secures $6.7 Mn Seed Funding Round

Cloudphysician has now expanded its partnership to include more than 200 hospitals in 23 states of the country, providing care for more than 1 lakh patients.

Cloudphysician is a full-stack AI and operations company that collaborates with hospitals to oversee patients in their emergency departments and intensive care units.

The startup had previously secured $4 million in a pre-Series A round from Elevar Equity in 2021.


Mohit Bhatnagar, Managing Director, Peak XV, said: "Diseases with high severity in India such as cancer and heart disease are routinely cared for in Cloudphysician Smart-ICUs. Its digital Care Center platform is leveraging AI to empower ICUs across 200+ hospitals to provide super specialized and tailored care with 24/7 monitoring"

Dhruv Joshi and Dileep Raman, Founders, Cloudphysician, said: “We are excited to partner with Peak XV Partners and continue our partnership with Elevar Equity as we create a new model of critical care at a global scale,"

About Cloudphysician

Founded in 2017 by Dhruv Joshi and Dileep Raman, Cloudphysician is a healthcare company reimagining the delivery of critical care via Smart-ICU solutions. 

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