Kerala startup raises fund defying COVID-19 impact

TrivandrumLife.com >> Notwithstanding the insidious effects of COVID-19 on economy, health-tech startup Sascan Meditech Pvt. Ltd, mentored by Kerala Startup Mission (KSUM), has received an undisclosed amount of funding from Mumbai-based venture capital firm Unicorn India Ventures.

The capital, called Unicorn India Ventures Equity Fund II, netted through KSUM’s Fund of Fund programme, makes Sascan the first neo-diagnostic startup to raise fund for scaling up integrated hardware and software solutions for medical diagnostics.

Founded by Dr Subhash Narayanan in 2015, Sascan is currently focusing on bringing OralScan to the market, a fully automated solution for non-intrusive oral cancer screening. The company also has a product to detect cervical cancer.

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