India's first AI based Early Warning System, $5 Million seed rounds, and more.

Welcome back to TechMantras!

Your one-stop guide for information on the Indian startup Ecosystem.

Every week, I consume various articles on the Indian startup ecosystem, and deliver exciting metrics and developments through a quick read.

India's first AI-based Contactless Remote Patient Monitoring (RPM) & Early Warning System (EWS)

Dozee raises $6 Million in funding.

CEO and co-founder Mudit Dandwate says "The current Series A2 fund-raise is a part of the company's plan to further its reach to every nook and corner of the country and to begin the era of 'Made in India' products in the global market.”

He also says that "For every 100 Dozee connected beds, it can save 144 lives and 80% of the time taken for vitals by nurses and reduce ICU ALOS by 1.3 days.”

1. 🔗 Link: CYFIRMA raises $5 Million from India’s Larsen & Toubro .

• The Singapore-based company is a leading threat landscape management company in the field of cybersecurity.

• They join other partners such as Goldman Sachs and Zodius Capital, with their total investment now standing at $18 Million.

2. 🔗 Link: Direct2U raises Rs1.8 Cr in Seed Round.

• They are an E-commerce platform that aims to disrupt the rural market by providing access to finance and door-to-door delivery.

• They are backed up by strong relationships with brands such as Samsung, Vivo and so on, that enables the rural audience to select from a wide range of products.

• Their main goals is to provide the rural market easy access to finance and last mile, door to door delivery.

And that’s all for today friends! Thanks for reading, and I would love to hear your thoughts.

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