1. Attune Tech raises $10 million from Qualcomm and Norwest Venture

Attune Tech raises $10 million from Qualcomm and Norwest Venture

Attune Technologies, a Chennai-based healthcare technology startup, has raised $10 million in Series B round from Qualcomm Ventures and Norwest Venture Partners.

By: | Bangalore | Published: October 21, 2015 12:27 AM
Attune Technologies

Attune Technologies, a Chennai-based healthcare technology startup, has raised million in Series B round from Qualcomm Ventures and Norwest Venture Partners.

Attune Technologies, a Chennai-based healthcare technology startup, has raised $10 million in Series B round from Qualcomm Ventures and Norwest Venture Partners. The company plans to expand its digital healthcare solutions in India, Africa, West Asia and South-East Asia.

Attune, which delivers an integrated cloud-based platform to over 200 healthcare hospitals, laboratories and clinics, plans to use the latest investment to fuel the company’s rapid growth, and expand in tier II and tier III cities.

Arvind Kumar, Founder and CEO of Attune Technologies, said: “We are constantly upgrading our technology and innovating new solutions to make healthcare affordable, seamless and efficient for the entire healthcare value chain.” With the new funds, the company plans to extend its offering (software solution) to 25,000 hospitals and labs across the globe in the next three years.

This is Qualcomm Venture’s first investment from its $150 million Strategic Venture Fund in India. Qualcomm Ventures has been investing in promising Indian startups since 2007 and currently has more than 20 Indian companies as part of its global portfolio, across the mobile ecosystem that includes hardware, software platforms, e-commerce, healthcare, location based services and retail technology.

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