Wysa, an Indian AI-based mental health app, has secured an undisclosed amount of funding from the Google Assistant fund. A user on Wysa’s mobile app can seek help from an AI-powered bot for managing anxiety and sleeping disorder or pay and talk to a therapist. App’s founder Ramakant Saha, in an interview earlier, had said that the app was for early-stage supportive therapy and didn’t deal with severe mental illnesses.
Phable, a health tech-startup serving patients with chronic illnesses in India, has raised $12 mn. Manipal Hospitals led the round with the participation of existing investor SOSV. The Bangalore-based startup automatically collects patients’ data so that doctors can keep track of their progress. The app also enables patients to share what medicine they are taking, and the frequency of intake. The startup aims to on-board 5 mn patients and 35,000 doctors by end of 2021.
Intel Chairman Omar Ishrak is planning to raise funds for a blank-check firm targeting deals in the health tech sector. Ishrak, who ran medical device firm Medtronic in the past, could file public registration papers with the US Securities and Exchange Commission soon. He is aiming to raise about $750 mn to $1 bn for the special purpose acquisition company or SPAC. Goldman Sachs Group is leading preparations for the IPO.
Meddo, a health tech start-up, has extended its pre-Series A round with a $3 mn capital infusion from SRI and Picus Capital. New funds take the total capital raised by the start-up to 6mn. Founded by Saurabh Kocchar and Naveen Nischal it aims to provide OPD clinic with digital solutions, diagnostics support and medicine delivery services. The investment will be used to increase geographical presence, launch membership program and boost tech infrastructure.