Sunfox Technologies Raises Rs 15 Crore in Pre-Series A Funding to Expand Healthtech Innovations

Sunfox Technologies, a healthtech startup featured on Shark Tank India, has secured Rs 15 crore (approximately $1.78 million) in a pre-Series A funding round. The round was led by Venture Catalysts, with additional participation from Finvolve, Brew Opportunities Fund, Universal Group, and RP Singhvi Group. This funding elevates the total capital raised by the Dehradun-based startup to Rs 20 crore. Founded in 2016, Sunfox developed the portable ECG device Spandan, which has been used by over 30,000 individuals across 20 countries. The newly raised funds will be used to scale the product both in India and globally.

CEO Rajat Jain emphasized that this investment will accelerate the growth and accessibility of Spandan, envisioning it as a household essential for preventing heart attacks, akin to a thermometer. Previously, Sunfox raised Rs 1 crore from Shark Tank India judges, including Peyush Bansal, Namita Thapar, Anupam Mittal, Vineeta Singh, and Ghazal Alagh.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

error: Content is protected !!

Sign Up for CXO Digital Pulse Newsletters

Sign Up for CXO Digital Pulse Newsletters to Download the Research Report

Sign Up for CXO Digital Pulse Newsletters to Download the Coffee Table Book

Sign Up for CXO Digital Pulse Newsletters to Download the Vision 2023 Research Report

Download 8 Key Insights for Manufacturing for 2023 Report

Sign Up for CISO Handbook 2023

Download India’s Cybersecurity Outlook 2023 Report

Unlock Exclusive Insights: Access the article

Download CIO VISION 2024 Report

Share your details to download the report

Share your details to download the CISO Handbook 2024