The Inflection Point Ventures-led Seed Round was raised by the healthcare company Mocero Health. Mocero will establish a digital health platform with seamless data and service interchange using the cash raised for product development and expanding its sales channel.
Founded in 2017 by SPJIMR alumnus N. Palaniappan, Mocero Health is incubated at the Healthcare Technology Innovation Centre (HTIC), IIT Madras Research Park (IIT-MRP), as per reported by IndianWeb2.
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Palaniappan Narayanan, Co-Founder, and CEO, adds, “Hospital without walls” – Mocero has been conceived with the idea to create a digitally connected community rather than a circumscribed physical space. It involves creating a platform where the care providers, patients, and patients’ families are on the same platform exchanging health information and services. The healthcare sector has trailed behind in the digitalization wave and is several decades behind the general adoption of technology. Mocero aims to fill this gap through digital transformation in care delivery, engagement, and connected care, focusing on patient-centric and personalized care, telehealth, in-the-home care, omnichannel connectivity, transparency, and interoperability.
One of India’s fastest-growing health technology platforms, Mocero Health helps hospitals go omnichannel and extend their services outside of their immediate geographic catchment areas.
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Madhukar Bhardwaj, VP, Business Development & Investments at Inflection Point Ventures, says, “In the last 2 years, the health tech sector has seen an accelerated growth curve. Traditional healthcare infrastructure giants have also understood the need to be tech savvy to meet the growing healthcare demands. However, the large Tier 2 & Tier 3 healthcare facilities still lag from the rest of the world in smart digital adoption. This need for transparency and better patient management is driving micro themes within the sector. Mocero is positioned rightly as the founding team understands the medical and the tech pieces to offer a relevant solution for an ever-expanding healthcare market in India.”
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About Mocero Health
In December 2017, Palaniappan Narayanan co-founded Mocero Health, a cutting-edge health technology firm. A digital platform is being created by Mocero Health to help hospitals become omnichannel and extend their services outside of their physical locations.