Aarogya Tech Secures $1.8 Million in Seed Funding

14 May 2024

Tarun Kumar

Category : Startups

Senior Content Writer

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Synopsis

Aarogya Tech, a health technology startup, has successfully raised $1.8 million in seed funding, with $1.5 million led by Hasu P. Shah, founder and Chairman Emeritus of Hersha Hospitality Trust, who will join Aarogya Tech’s Board. The funds will be utilized to accelerate product development, enhance the analytics and machine learning team, and scale up the product and growth teams in Bengaluru. The company, co-founded by a Mayo-trained physician and an IIT engineer, aims to revolutionize healthcare by making it more accessible from home and community centers.

Aarogya Tech, a burgeoning health technology startup, has announced a significant milestone in its journey. The company recently raised $1.8 million in seed funding, with $1.5 million led by Hasu P. Shah, founder and Chairman Emeritus of Hersha Hospitality Trust. This strategic infusion of capital is poised to accelerate product development, strengthen the analytics and machine learning teams, and scale up the company’s operations in Bengaluru.

Funding Details

Total Seed Funding: $1.8 million
Fresh Capital: $1.5 million
Lead Investor: Hasu P. Shah, Hersha Hospitality Trust

Key Objectives of the Funding:

Accelerate product development
Fortify the analytics and machine learning team
Scale up the product and growth teams to over 20 in Bengaluru

Vision and Mission

Dr. Lokendra Thakur, co-founder of Aarogya Tech, emphasized the company’s vision:

"In 21st-century healthcare, advanced technology should enable home-centered care. Hospitals should be for acute care, while most healthcare services can be accessible from home or community centers. Aarogya’s promise is that the doctor will follow the patients, not the other way around."

Leadership and Innovation

Hasu P. Shah, the lead investor, remarked:

"Investing in Aarogya Tech, co-founded by a Mayo-trained physician and an IIT engineer, is driven by my belief in their unique, data-driven approach to health management, blending home and community care. This innovative model transforms doctor-patient interactions, paving the way for positive, healthful experiences in healthcare."

Company Expansion and Career Opportunities

Aarogya Tech is set to expand its team significantly, particularly in Bengaluru. The company is actively hiring for various positions to support its growth and innovation goals. Here are some of the key job openings:

Position	Location	Salary	Equity	Posted
Backend Software Engineer	In-office, Bengaluru	Rs.25L – Rs.45L	0.05% – 0.25%	1 month ago
Flutter Engineer	In-office, Bengaluru	Rs.12L – Rs.25L	-	2 weeks ago
Intern - Data Analytics & AI	Onsite/Remote, Bengaluru	Rs.25,000 – Rs.50,000	-	1 month ago
Senior Flutter Engineer	In-office, Bengaluru	Rs.15L – Rs.30L	0.05% – 0.2%	3 weeks ago
Senior Full Stack Software Engineer	In-office, Bengaluru	Rs.25L – Rs.45L	0.05% – 0.25%	1 month ago
Staff Machine Learning Engineer / Data Scientist	In-office, Bengaluru	Rs.35L – Rs.55L	0.05% – 0.25%	2 weeks ago
Staff Software Architect	In-office, Bengaluru	Rs.30L – Rs.50L	0.1% – 0.5%	1 month ago

Table: Current Job Openings at Aarogya Tech

Future Outlook

Aarogya Tech’s innovative approach to healthcare promises to revolutionize the industry. By leveraging advanced analytics and machine learning, the company aims to provide personalized and accessible healthcare solutions. The new funding will play a crucial role in realizing these goals, ensuring that Aarogya Tech remains at the forefront of health technology innovation.

Conclusion

With this substantial seed funding, Aarogya Tech is well-positioned to enhance its product offerings and expand its team. This development marks a significant step forward in the company's mission to make healthcare more accessible and patient-centric through innovative technology solutions.

Summary

Aarogya Tech, a healthtech startup, announced it has raised $1.8 million in seed funding. The funding round was led by Hasu P. Shah, founder and Chairman Emeritus of Hersha Hospitality Trust, who will join the Aarogya Tech Board. The newly acquired funds will be used to boost product development, strengthen the analytics and machine learning teams, and expand the product and growth teams to over 20 members in Bengaluru. Dr. Lokendra Thakur, co-founder of Aarogya Tech, emphasized the company's vision of making healthcare more home-centered with advanced technology. Hasu P. Shah expressed his belief in Aarogya Tech’s innovative approach to health management, blending home and community care.