Larkai Healthcare, a leading global medtech startup, has successfully raised $500,000 in a seed funding round co-led by FAAD Network, QI Ventures, and RTAF, complemented by additional government grants. Specializing in the development of advanced, affordable, and accessible healthcare solutions, Larkai Healthcare aims to revolutionize the healthcare landscape.
Abhilash Chakraverty, Co-Founder and Director of Larkai Healthcare, expressed enthusiasm about the opportunity, stating, “Seizing this opportunity, we are poised to bridge the gap between diagnosis and treatment, leveraging our global footprint and robust intellectual assets. This fuels our vision for healthcare—transcending borders, transforming lives, and setting new benchmarks in accessibility and innovation.”
Larkai Healthcare’s Core Offerings
Established in 2020 by Pritam Dhalla and Abhilash Chakraverty, Larkai Healthcare is dedicated to providing innovative solutions. Their offerings include a device for early-stage heart impulse and valvular disease diagnosis, a smart inhaler cap designed to reduce drug wastage, and a cost-effective disinfection tunnel. The startup employs advanced AI technology to streamline and enhance the diagnostic and treatment process.
Strategic Use of Funding
With the infusion of capital from this seed funding round, Larkai Healthcare plans to channel resources into technological advancements and strengthen its sales verticals through strategic investments. The funding will play a pivotal role in propelling the startup’s mission of advancing healthcare accessibility and innovation.
Dr. Dinesh Singh, Co-Founder and Director of FAAD Network, emphasized the significance of investing in Larkai, stating, “Investing in Larkai stands as a testament to our unwavering dedication to spearheading impactful change in the realm of technology ventures. Their groundbreaking AI-infused approach resonates deeply with our mission.”
About FAAD Network
FAAD Network, having recently received approval from the Securities and Exchange Board of India (SEBI) for a Rs 300 crore Alternative Investment Fund (AIF), focuses on providing support to early-stage technology startups in India. With a track record of investing in over 75 startups and a network comprising 2000+ Angels, HNIs, and VCs, FAAD Network plays a crucial role in fostering technological innovation and growth in the startup ecosystem.
