Chennai-based Med-tech healthcare simulation platform MedisimVR has raised Rs 3.5 Crore in a Pre-Series A round of funding led by Inflection Point Ventures. The round also saw participation from Chennai Angels and Jana Balasubramaniam (MedTech investor).
The funds raised will be used for scaling up their product offering and adding more skill training content to their library.
Commenting on the investment, Vinay Bansal, Founder & CEO of Inflection Point Ventures said, “As the pandemic continues to trigger medical innovations both in vaccines and use of tech in health care. 2020 saw the emergence of tele-medicines and teleconsultations. As we enter the 3rd of the pandemic, the benefits of technology and use cases have also changed with the evolution of the health tech landscape.”
“MediSimVR has understood this need for the healthcare industry to move one notch higher and adapt to new-age training technology for skilling medical students and healthcare professionals alike. Their simulation skill training program is where one can practice surgical training, encounter virtual patients scenarios, and evaluate the learning metrics which will help the medical fraternity immensely. We find MediSimVR as a purpose-driven brand in addition to being a disruptive business idea,” Bansal added.
Speaking on the fundraise, Sabarish Chandrasekaran, Co-Founder & CEO, MedisimVR said, “The future healthcare workforce of India needs a futuristic training methodology and an alignment among visionary entities for rapid scaling up. At MediSimVR, we are excited to partner with IPV as we embark on this journey of change.”