Cyber Monday Sale! 50% Off All Access

Dozee Raises INR 71 Crore The platform plans to solidify its leadership position in delivering connected HDUs with centralized patient monitoring

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Dozee, a pioneer in contactless remote patient monitoring (RPM) solutions, has raised INR 71 crore in an additional funding round led by Doordash's Gokul Rajaram. The round also saw participation from existing investors Prime Venture Partners, 3one4 Capital, YourNest and other angel investors.

With this fresh funding, Dozee plans to solidify its leadership position in delivering connected HDUs with centralized patient monitoring and make critical care more easily accessible and available in Indian hospitals. The company will also use the funds to launch new products, continue with R&D and expand globally. Dozee has set an audacious goal of partnering with over 1,000 hospitals across India to help them upgrade critical care infrastructure through remote patient monitoring. It plans to install more than 50,000 step-down ICU beds with its contactless sensor and set-up 24x7 central monitoring cells in these hospitals, enabling them to quickly augment the much required HDUs and ICUs, said a statement.

"Dozee is on a mission to revolutionize healthcare, using unique technology to make remote monitoring more scalable, economical and accessible. I'm excited to support the Dozee team on their journey to transform healthcare and build a defining global health-tech company," said Gokul Rajaram of Doordash

"We are thrilled to have Gokul Rajaram on our board as we reimagine critical healthcare delivery making it more accessible and affordable. Gokul brings in immense energy and experience of building world-class companies. He is an amazing thinker and brings a global perspective. Dozee has seen incredible growth in the last couple of years, but we have just started our growth journey and there is a lot more to be done in the coming years. We are looking forward to exciting times as we take remote patient monitoring to every nook and corner of the country," said Mudit Dandwate, CEO and co-founder of Dozee.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Growing a Business

Her Restaurant Business Is Worth $100 Million — Here's Her Unconventional Advice for Aspiring Entrepreneurs

Pinky Cole, founder of Slutty Vegan, talks about going from TV producer to restaurant owner, leaning into failure and the value of good PR.

Business News

Elon Musk Still Isn't Getting His Historically High Pay as CEO of Tesla — Here's Why

A second shareholder vote wasn't enough to convince Delaware judge Kathaleen McCormick.

Legal

How Do You Stop Porch Pirates From Stealing Christmas? These Top Tips Will Help Secure Your Deliveries.

Over 100 million packages were stolen last year. Here are top tips to make sure your stuff doesn't get swiped.

Data & Recovery

Ditch Fees With Lifetime Cloud Storage at Cyber Week's Lowest Price

Would you rather pay monthly or once and be covered for life?

Fundraising

They Turned Down an Early Pay Day to Maintain Control of Their Business. And Then Went on to Raise $190 Million.

Jason Yeh, co-founder and General Partner of Patron, explains the early-stage venture firm's creation and future outlook.