App for all health needs - Mfine

To scale cloud hospital model to at least 20 million people over the next three to four years

Inception- 2017

Location- Bengaluru

Domain- Digital Healthcare

Founder- Ashutosh Lawania and Prasad Kompalli, joined by Ajit Narayanan and Arjun Choudhary

Total team strength- 500 plus

Total funds raised- Rs 652 crore

Investors- Stellaris Venture Partners, Prime Venture Partners, Beenext, SBI Holdings (Japan), Heritas Capital and Alteria Capital, Moore Strategic Ventures

Revenue generated since inception- NA

Key Highlights-

• In August 2018, launched India’s first outpatient care programme for corporate employees
• In February 2020, unveiled remote clinics to improve access to quality healthcare
• In April 2021, launched the SPO2 tracking tool- MFine Pulse on its App
• In July 2021, announced its (ISO) 27001 certification
• To scale cloud hospital model to at least 20 million people over the next three to four years
• To build India's largest virtual hospital

Founder Speaks-

"COVID-19 taught the world how healthcare delivery ought to be. People will be empowered to evaluate and manage their health from the app on their phone and Doctors are able to take care of 5x more people than today. Point of care will move from big hospitals to smaller , quick set-up care centres, kiosks and even homes with mobile devices. Health will be in the reach of everyone just like any ‘essential’ services needs to be."

- Prasad Kompalli, CEO & Co-founder, MFine, Bengaluru

Published on : 25th May, 2022