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Dozee bags funding from SBI to catalyze expansion

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HT Bureau

GUWAHATI, Apr 7: Dozee, India’s first contactless Remote Patient Monitoring (RPM) & AI-based Early Warning System (EWS) has raised further funds as part of its Series A2 funding.  The round saw the infusion of funds from new investors which include renowned government entities like State Bank of India, and others like J&A Partners Family Office, Dinesh Mody Ventures, and from Dozee’s existing investor base consisting of Prime Venture Partners, 3one4 Capital, and YourNest VC. Notably, Dozee has established a presence in over 380 hospitals covering over 50 districts. Its key recent milestones include the US FDA 510(k) clearance for its flagship Remote Patient Monitoring product – Dozee Contactless Vital Signs (VS) Measurement system, further demonstrating its commitment to Made in India, with global standards. USFDA is the gold standard for medical devices and algorithms.

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With this fresh funding, Dozee plans to expand further in the Indian market and invest more in its differentiated R&D capabilities. In addition, the funding will provide a springboard for the company’s global expansion. Earlier this year, Dozee partnered with British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, to upgrade 6000 hospital beds in 140 public hospitals across India.

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