Global venture capital platform Turbostart has invested $1 million in India-based Ai Health Highway as part of its pre-Series A funding round.

The funding is a part of a $million total round with co-investment from Rainmatter by Zerodha, The Chennai Angels, BITS BioCyTiH Foundation, and other angel investors, according to a press statement. 

Ai Health Highway Bolsters Presence in Healthcare Sector

The funding is expected to help Ai Health Highway strengthen its presence in India and accelerate its regulatory approvals globally, according to a press statement. 

The financial backing will also help the Bengaluru-based firm further bolster its Artificial Intelligence and Machine Learning Capabilities in the cardio-respiratory domain. 

"We are thrilled to have Turbostart as our lead investor in this critical round. Their experience and network will be instrumental as we scale AiSteth and continue our fight against non-communicable diseases," said Dr. Satish S Jeevannavar, Founder of Ai Health Highway. 

Venkat Raju, Founder and CEO of Turbostart also shared his excitement and said that Ai Health Highway's innovative approach is reimagining healthcare tools, making early detection more accessible. 

"Their AI-enabled stethoscope can democratize healthcare, bringing advanced screening capabilities to regions that need it most," added Raju. 

An Outlook of Ai Health Highway

Founded in 2018, Ai Health Highway is focused on making the screening of chronic disease cost effective at primary care clinics - the first point of contact for any patient. 

The company has also developed AiSteth, India's first AI-enabled stethoscope, which is designed to assist healthcare professionals and non-specialists in diagnosing heart conditions by analysing heart sounds. 

"Each year, 43 million people die of noncommunicable diseases, equivalent to 71 percent of all deaths globally. Our goal is to reduce 30 percent of these premature deaths due to NCDs by 2030 and work towards early detection and prediction of heart/lung disorders," according Ai Health Highway's website.