Algo for Qure.ai’s $16m Series B by Sequoia (Feb ‘20) – Legally India

Healthcare startup Qure.ai has raised $16 million in a funding spherical led by Sequoia India, it stated on Thursday. MassMutual Ventures Southeast Asia, the funding arm of US-based life insurer MassMutual, additionally participated within the spherical.

Mint

Qure.AI is engaged within the enterprise of offering synthetic intelligence options to the healthcare sector. With contemporary capital infused within the Series B funding spherical, CEO and Co-founder Prashant Warier expects to additional make investments into R&D and develop the attain of their options together with accelerating their mission to ship accessible and reasonably priced healthcare.

Algo Legal suggested traders SCI Investments VI and Redwood Trust led by a group of companions Siddharth Manchanda with attorneys Ashwat Malhotra and Mudit Singh Chauhan.

2020-02-26

Deal worth: INR 117 crores (USD 16 million)

This deal report relies on a agency’s press launch and could also be solely partially full. Some companies or names of advisers could also be due to this fact be lacking.

Click right here if you’re working with a legislation agency that has not been credited for this deal, and we are going to replace the report promptly.

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