Healthtech startup Endimension Technology raises Rs 6 crore in pre-Series A round led by IPV

Healthcare AI startup Endimension Technology has raised Rs 6 crore in pre-Series A round led by Inflection Point Ventures. Other investors in this round include SucSeed Indovation, SINE IIT Bombay and individual angel investors.

The healthtech startup plans to use the funding to fuel AI research and development, team expansion, and software enhancement.

“The Indian radio-diagnosis market, growing at a CAGR of 15%+ over the last decade, has got a lot of focus on equipment & infrastructure. The under-stated need is that of qualified professionals, i.e. radiologists, to manage this burgeoning demand. There has been growth across tier 1, 2 & 3 for equipment but the availability and prohibitive costs of trained radiologists exacerbates the problem of demand outstripping supply situation. Endimension focuses on leveraging AI to facilitate faster assessment and diagnosis, employing generative AI to streamline report generation and reduce the time required by radiologists. IPV is confident that this investment will contribute towards the betterment of the industry," said Ivy Chin, partner, Inflection Point Ventures.

Endimension is a healthcare AI startup that provides accurate and early diagnosis of diseases from radiology scans. The company's AI platform enhances radiologist efficiency and accuracy by streamlining diagnostic processes and improving detection rates.