Bengaluru-based healthcare company, ProPhysio has raised funds in Series A round from NestaVera Group of Companies. The investment company focuses on sectors like co-working, realty, and education, according to a media report.
The startup will use the funds for accelerating its growth and building new products and services apart from exploring artificial intelligence-based technology to treat health issues, VC Circle reported citing ProPhysios statement.
We aim to provide the most effective and efficient healthcare services at affordable prices so that everyone can access the best quality in healthcare, Co-founder of ProPhysio, Pramod Ravindra told the daily news.
We believe there are immense potential health solutions focused on lifestyle; we want our investments to go beyond capital investments and also lead to a positive impact on society, Managing Director at NestaVera Group, Manas Mehrotra told the daily news.
ProPhysio, which is administered by ProPhysio Healthcare LLP, offers rehabilitation services as well as physiotherapy.
The healthcare company proclaims to have aided more than 3,000 patients via its customized services and aims to serve more than a million patients by 2023.
Investments in the healthcare segment have surged in recent times as more startup companies are disrupting the untapped market and offering better healthcare solutions to the patients. The healthcare startups are addressing problems that are faced in traditional models.