BENGALURU, India, Sept 29 (Bernama-BUSINESS WIRE) — India’s leading Digital Health startup MFine announced a USD 48 million Series C funding round co-led by Moore Strategic Ventures and BEENEXT with participation from existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y’S Investment Pte Ltd. and Alteria Capital. MFine aims to build one of the Largest Virtual Hospitals in the world and make high quality healthcare more accessible and effective with the use of AI and mobile technologies. Towards that vision, MFine is enabling clinical decision support for doctors using AI and bringing vitals monitoring and health management to consumers’ smartphones.
Since its inception, over 3 million users have used MFine services with the platform clocking over 300,000 monthly transactions that include doctor consultations, diagnostic tests, e-pharmacy and in-patient procedures. In October 2018, MFine added another layer to its virtual doctor consultations by integrating with laboratory and diagnostic services and currently provides its users access to more than 700 diagnostic centres across 400 cities in India. Over 100,000 users use MFine for booking diagnostic tests every month. More than 6000 doctors, including some of India’s top doctorsfrom over 700 reputed hospitals practice across 35 specialties on MFine and serve millions in more than 1000 towns across India.