Medtech startup EzeRx raises Rs 1.75Cr in seed round

The KIIT-TBI funding round was led by EzeRx, with other Angel investors also investing in this round, including Shradha Sharma, YourStory Founder, and CEO. 3:17 0:00 / 3.

A newly reported seed round of Rs 1.75 crore was collected by EzeRx, the Kolkata-based MedTech starter in Odish, led by Odisha-based KIIT-TBI. The fundraising rounds were also attended by other US and India angel investors, including YourStory Chairman, YourStory Founder and CEO, Sri Krishna Chakravarty, Manoj Patra, and Shradha Sharma.

EzeRx has priced at Rs 12 crore with this new fundraising. "We will spend the funds into team development, regulatory enforcement, manufacturing facilities, and work resources," said Partha, co-founders, and CEO of EzeRx. Launched by Partha, EzeRx, along with Chaitali Roy, EzeRx offers fast and painless solutions for the diagnosis of basic health factors in the earliest stages for liver and lung probation identification.

Mrutyunjay Suar, CEO of the TBI-KIIT, spoke of the YourStore investment. Mrutyunjay Suar, who is a CEO at KIIT, said that the start-up centered on developing inexpensive diagnostic appliances and incorporation of the Digital Health concept and the Incoherent sponsored EzeRx along the way.

"Aarogya is a teledentistry network for rural and semi-urban areas to provide quality dental treatment," said Partha. "chain of teledentistry is a modern underway to introduce a chain of dental clinics by putting up smart teledentistry medical kiosks. EzeRx is aiming at launching 12 such centers by FY21.