Cancer care startup Oncare has successfully raised Rs 27 crore (approximately $4 million) in a Series A funding round. The round was led by Sky Impact Capital, with participation from Huddle Ventures, Lotus Herbal Group, SteerX, and Tremis Capital. This funding will enable Oncare to expand into new metro markets, tier-II, and tier-III cities, as well as enhance its technology infrastructure to optimize clinical operations, care coordination, and patient experience.
Founded in 2023 by Amar Sneh and Deepak Kumar, Oncare operates a distributed oncology care platform that focuses on delivering affordable and standardized cancer treatments. By integrating medical, surgical, and radiation oncology services within accredited hospitals under a capital-efficient model, Oncare has rapidly grown to operate four centers across Delhi NCR within three years of inception, with plans for nationwide expansion.
The oncology sector has witnessed increased funding activities recently, with startups like 4baseCare, Everhope Oncology, and MOC Cancer Care & Research Centre securing substantial investments. This trend reflects a growing interest in leveraging technology to advance cancer care solutions and improve patient outcomes.
Source: Entrackr : Latest Posts