Ivory, a mind well being platform centered on early cognitive screening, has raised $1 million in contemporary funding to deepen its product, scientific, and IP capabilities.
The spherical noticed participation from Draper Associates and SAGE Enterprise Fund, an AIF fund launched by Ministry of Social Justice and Empowerment (MoSJE) (choice companions for Startups) and managed by IFCI Enterprise, a subsidiary of IFCI Restricted and SIDBI.
Ivory mentioned it’s aiming to make cognitive screening accessible, trackable, and a part of routine preventive care.
With this capital, the Shark Tank India-featured startup plans to additional strengthen its expertise stack, increase scientific capabilities, and improve its product choices significantly in constructing scalable, evidence-based options that combine seamlessly throughout each shopper and scientific workflows.
Rahul Krishnan, Co-founder & CPO, Ivory, mentioned, “Preventive healthcare in India is at an inflection level, however cognitive well being has largely remained outdoors this shift. Our focus at Ivory is to make mind well being measurable and actionable, very similar to different key well being biomarkers. This spherical permits us to deepen our scientific and product capabilities, whereas persevering with to construct a scalable, digital-first layer for cognitive screening throughout each customers and healthcare techniques.”
Anish Babu, Managing Director, IFCI Enterprise, mentioned, “We’re seeing robust momentum in startups constructing for preventive healthcare and large-scale well being affect. Ivory is addressing a big unmet want in cognitive well being by a clinically grounded and technology-led method. We’re happy to help their journey as they work in direction of making early cognitive screening extra accessible and mainstream in India.”
Ivory has additionally been increasing its partnerships throughout the healthcare ecosystem. Most not too long ago, the startup collaborated with Metropolis Healthcare, a multinational chain of diagnostic labs, to launch the TruHealth Thoughts & Physique package deal, an built-in preventive well being providing that mixes pathology diagnostics with neuroscience-based cognitive assessments.
It beforehand raised $1 million in a spherical co-led by IIM-A Ventures & Capital A.