[Funding alert] Healthtech Startup Monitra Health Secures $1.5 Mn Pre-Series A Funding

Equanimity Ventures and Kotak Alternate Asset Managers led a pre-Series A funding round that brought $1.5 million to the healthtech firm Monitra Health.

The capital will support the expansion of Monitra Health's cutting-edge upBeat remote heart monitoring system, which is intended for markets in India as well as abroad.

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According to Monitra, over 10,000 patients have been effectively observed, and over 7.5 billion beating hearts have been analysed over 720,000 hours. The company states that it has global patents outstanding in the US, the EU, and Canada, and that it has patents in Australia and India, as reported by Entrackr.

Monitra Health aims to transform healthcare delivery by leveraging insights derived from medical data to tackle the world's most urgent health issues.

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The upBeat® device from Monitra Health is assisting physicians in the diagnosis of the two most challenging issues in clinical cardiology: palpitations and unexplained fainting.

About Monitra Health

Working with medical device distributors and healthcare experts, Monitra Health employs a B2B2C approach under the direction of Ravi Bhogu. Intending to grow throughout India, the firm has set up distribution channels in Hyderabad, Kerala, and Maharashtra. A full-stack distant cardiac surveillance system designed for large scale has been developed by the Hyderabad-based business.

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