Mumbai-based health-tech startup Radian Mobility has raised $300,000 in its maiden raise from a large US family office.
The company is focusing on enhancing mobility awareness through adherence in the physiotherapy and preventative fitness sector.
Radian was set up by CEO Jamshid Pandole, a twenty-two-year financial veteran and avid athlete, and CTO Gaurav Vyas an ex-amazon engineer in 2021.
Radian has build a tool for therapists to manage their patients, build customised exercise routines and track their patients’ recovery. The firm aims to provide physiotherapists a medium to keep up with their patients journey to recovery and give patients a place to continue treatment at their own pace.
Radian has already instituted tie-ups with private and government hospitals, and sports associations.
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The market for fitness apps increased by 48.8 per cent from 2019 to 2020 and is expected to witness a yearly growth of 17.0 per cent to 17.6 per cent over the next 5 years. The HealthTech market in India is set to reach $5 billion by 2023.
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