Qualcomm Ventures has made its first investment from its $150-million India-focused fund in Chennai-based health tech start-up Attune Technologies. Attune, which offers cloud-based technology solutions for hospitals and diagnostic labs has raised $10 million (Rs 65 crore) in Series-B funding from Qualcomm Ventures and Norwest Venture Partners.
Attune, offering cloud-based health care platform to hospitals, clinics and labs, plans to use the capital to expand its growth both locally, as well as overseas markets of Africa, West Asia and South East Asia.
“Technology is at the core of what we do at Attune. We are constantly upgrading our technology and innovating new solutions to make health care affordable, seamless and efficient for the entire value chain,” said Arvind Kumar, founder & chief executive officer.
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU