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DeepTek raises $10 million in funding from Tata Capital Healthcare Fund, others

New York Tech Editorial Team by New York Tech Editorial Team
March 7, 2022
in Startups & Leaders
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DeepTek raises $10 million in funding from Tata Capital Healthcare Fund, others
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DeepTek, a Pune-based healthtech startup, on Monday said it has raised $10 million (Rs 77 crore) in a funding round from Tata Capital Healthcare Fund II (TCHF II), and other investors.

Pune-based Pentathlon Ventures and Gurgaon-based GHV also participated in this round along with TCHF II. Prior to this round, DeepTek had raised funding from NTT DATA, an IT firm from Japan.

DeepTek, engaged in the medical imaging artificial intelligence (AI) space, said this funding will allow it to invest further in global outreach and also in securing important regulatory approvals.

DeepTek’s core focuses on building AI tools to accurately analyse and improve the productivity of radiology diagnosis.

“DeepTek’s AI-enabled radiology solutions transform radiology operations, enabling productivity growth by 3x to 5x,” said Dr Amit Kharat, cofounder, CEO of DeepTek.

“Today through our offerings, we touch over 500,000 patients every year and are well poised to grow from here,” Kharat said.

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“DeepTek is among the few radiology AI companies with cutting-edge medical imaging offerings and successful track record of commercial adoption,“ said Visalakshi Chandramouli, managing partner, Tata Capital Healthcare Fund.

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