The pre-seed round of INR 54 lakhs raised by Humors Tech was declared to be led by We Founder Circle (WFC), an early-stage start-up investment platform run by a global community of accomplished founders and strategic angels, together with the WFC VP.
The startup’s main goal is to produce cutting-edge yet user-friendly healthcare solutions by fusing its expertise in AI, Deep Tech, and IoT with clinical research, as per reported by Indianweb2.
Humors Tech is founded by IIIT Alumni Ankur Jaiswal, Suchita Kanaldekar, and Pushkar Bhagwat in 2021 to develop innovative products for Home Healthcare.
Commenting on the funds raised Ankur Jaiswal, CEO & Co-Founder of Humors Tech said, “We want to thank WFC and all other investors for their faith in our prototype and idea. The investment has boosted the confidence of our team and it definitely will make a meaningful contribution to our company’s hypergrowth, allowing us to build our business more quickly. We thank WFC’s experienced angel investors to provide guidance in fundraising, from creating the pitch deck to presentation. Furthermore, we will look forward to their expertise in elevating our business model and target market segment to make it a success.”
From their prior positions, the three co-founders contribute a wealth of expertise in Deep Tech, Clinical Research, and Business Development. Ankur Jaiswal, co-founder and CEO of Humors Tech, is a seasoned entrepreneur with more than 8 years of deep technology experience. Co-founder and chief strategy officer Suchita Kanaldekar has over ten years of experience in research and development of cutting-edge oncology systems. The third Co-Founder of Pushkar Bhagwat has more than six years of experience in cloud and AI-based product development, as reported by Indianweb2.
“In India, the absence of affordable tests and accessible technologies for routine medical checks results in the late diagnosis of critical ailments. Additionally, due to the lack of knowledge about health and wellbeing, we only go to the physician when the disease starts presenting alarming and unbearable symptoms. Moreover, the growing geriatric population & dependency ratio in India is further expected to drive the demand for home healthcare. “Seeing Humors Tech’s capabilities to be a game changer in this sector, we are excited to have invested in the start-up and we pledge to endorse its mission in all aspects,” said, Neeraj Tyagi, Co-founder, of We Founder Circle.
Through EvolveX, a worldwide accelerator programme administered by We Founder Circle, Humors Tech was able to receive the funding.
The start-up is aware that the industry necessitates ongoing research and that this is the only way it can fortify its base and keep the innovation wheel turning. As a result, it will use the additional funding to quicken the clinical research study.
About Humors Tech
Founded in 2021 by IIIT Alumni to develop innovative products in Home Healthcare. Humors Tech aims to combine its expertise in Artificial Intelligence, Deep Tech, and IoT with Clinical research to develop innovative yet easy-to-use healthcare platforms.
About We Founder Circle
We Founder Circle helps early-stage startups flourish and succeed with fundraising and global startup community. Founded in 2020, WFC began with a simple idea—successful founders backing new founders drive innovation.