Sequoia India has led a $16 million funding round in AI-based healthcare start-up Qure.ai. MassMutual Ventures Southeast Asia also participated in the round. Qure.ai will use the capital to drive geographical expansion, expand product portfolio in two more areas and support regulatory clearances.
“The sophistication of Qure.ai’s algorithms and predictive analytics tools, coupled with their expert team of data scientists and physicians positions them very well versus their global competitors,” said Anjana Sasidharan, Principal at Sequoia Capital India. “What sets them apart is their ability to deploy commercially at scale across multiple countries; something many others have failed to do