Bengaluru-based Indian health tech start-up Tricog Health has raised $8.5 million in a Series B2 funding round led by Omron Health Care and Sony Innovation Fund, and other investors. Additionally, the University of Tokyo Edge Capital, Inventus Partners and SG Innovate also participated in this round.
The company is planning to utilise the newly-generated capital to expand its operations in the markets like Asia and Africa. Additionally, it wants to foray into the US market. It will also try to provide service to heart patients at home through partnerships.
“With this round, we are committed to expanding our reach to Asia and Africa and our footprint in the US healthcare market. In addition, our strategic partnerships will allow us, for the first time, to address the needs of heart patients at home," Charit Bhograj, the founder and CEO of Tricog Health, has started.
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Prior to this, the company raised $10 million in a funding round in 2019.
Founded in 2015, by Bhograj, Zainul Charbiwala and Udayan Dasgupta, the start-up is known for providing services to heart patients through enterprise clients. It has the vision to make cardiac treatment cheap and affordable by pairing with both government and private enterprises.
The company has claimed to bag $7 million in annual recurring revenue and is eying to double the figure in the next one and a half years. It is currently working with 5,000 catheterisation labs, clinics, hospitals and diagnostic centres.
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