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MFine Raises $16m From New & Existing Investors Led by Heritas Capital as Adoption of Digital Health Soars in India Amidst COVID-19 Pandemic


$16m in a new funding round led by
Heritas Capital with participation from Singapore-based family office of Y S Investment Pte Ltd. Existing MFine investors including SBI Investment, SBI Ven Capital, BEENEXT and Alteria Capital have also followed-on in the round. The oversubscribed round wraps up a strong year for MFine with the company achieving
10x growth amidst exponential adoption of telemedicine and digital health in India in 2020.
The COVID-19 pandemic, subsequent lockdown measures and the release of Telemedicine Guidelines by Government of India have led to the widespread adoption of telemedicine in India. A new standard for digital health services including health IDs, personal health records, Digi Doctor and a health facility registry has also been announced in August 2020 under the National Digital Health Mission (NDHM) to support universal health coverage for India s citizens. ....

Prasad Kompalli , Teruhide Sato , Yoshitaka Kitao , Arjun Choudhary , Digital Health , National Digital Health Mission , Ys Investment Pte Ltd , National Health Stack , Heritas Capital , Ys Investment Pte , Alteria Capital , Telemedicine Guidelines , Digi Doctor , National Health , Chik Wai Chiew , Representative Director , Managing Partner , Mercom Capital , Impact Across , பிரசாத் கொம்பள்ளி , அர்ஜுன் சவுத்ரி , டிஜிட்டல் ஆரோக்கியம் , தேசிய டிஜிட்டல் ஆரோக்கியம் பணி , ய்ஸ் முதலீடு ட் லிமிடெட் , தேசிய ஆரோக்கியம் அடுக்கு , ய்ஸ் முதலீடு ட் ,