Clinics On Cloud raised US$12.5 million in Series A funding. The Pune-based healthtech company received the investment from Dubai-based Model42. Clinics On Cloud builds technology-enabled preventive healthcare infrastructure.
Funding plans
The round values the company at ₹600 crore. The funds will support AI-led healthcare capabilities, research and development, and connected microclinic expansion. Clinics On Cloud also plans to explore Africa, the United States, and Southeast Asia.
Company context
Abhay Agarwal and Manashrri Agarwal founded the company in Pune in 2018. It has grown without outside capital until this round. The company reports more than 3,500 installations and over 12 million health screenings in more than eight countries.
What the company offers
Clinics On Cloud began with Health ATMs. It now also provides Health Lounges, Box Clinics, and Mobile Medical Units. These formats combine preventive screening, AI-assisted insights, and telemedicine.
The company plans to pursue international regulatory compliance for new markets. It also aims to scale manufacturing of its Made-in-India devices. It will build a global microclinic network for preventive care.