Chennai-based LifeSigns iMS, a health-tech startup developing a digital wireless patient monitoring solution platform for ambulatory, inpatient, and home care settings, has raised an undisclosed amount in a pre-Series A funding round from Dr SP Ganesan, a well-known Pathologist and others.
The startup plans to use the raised capital to accelerate the iMS platform and for India-wide expansion.
Founded by Hari Subramaniam, LifeSigns said it provides technological solutions for patient monitoring in hospitals, at home and in ambulances. The startup claims to bring high-quality, clinical-grade patient vital data continuously to healthcare professionals anywhere, anytime, at a reasonable cost.
The announcement comes two weeks after it partnered with Kerala-based Amala Hospital, a leading multi-disciplinary chain of hospitals, to launch a new and innovative smart ward with wearable wireless technology of LifeSigns.
“We have been assisting hospitals become smarter, more technologically advanced, with leaner infrastructure and at lower costs. As we continue to develop technologies that help in improving clinical outcomes, lesser code blues / oranges, better patient safety, drive positive change in the healthcare segment. We remain committed to innovation and excellence. The new fund entering the system will allow us to work more on technology and Human Resource to enhance the user experience, bring more efficiency in clinical data delivery, lower infrastructure spend, bring down cost of healthcare benefitting the patient and providers,” said Hari Subramaniam, Founder & Director LS Devices Pvt. Ltd.
The health tech startup claims to have collaborated with private and public government hospitals across India and managing close to 5100+ beds deployed on 28000+ patients.