Funding News

Cancer care Platform Onco.com raises $7 Mn in Series A Round

Onco.com, India’s only internet aggregator for cancer care, has raised $7 million in series A funding round. Accel, Chiratae Venture (earlier known as IDG Ventures) and Dream Incubator spearheaded the funding round.

Image source: kalhh from Pixabay

Onco.com said that it will utilize the capital infusion to build team, scale operations and expand customer outreach within India as well as international markets.  As of today, over 30,000 patients from 18 countries actively use Onco’s platform.

“We are solving a very critical problem, that of “information gap” that every cancer patient and their family experiences. There are 3 million cancer patients getting treated in India alone and around 7 million cancer patients across Middle-east, Africa and Asia where our services are available presently,” said Ms. Rashie Jain, CEO and Co-founder, Onco.com on series A funding.

“A significant number of patients struggle to get the right treatment advice or find the right doctors/hospitals that could eventually affect their outcomes and presently there is no credible source of information that guides the patients to right treatment plan, doctors and hospitals and this creates a state of confusion and despair. With Onco.com, we are focused on building this cancer ecosystem that patients can tap into anytime in their treatment journey,” Rashie Jain further added.

Mr. Barath Shankar Subramanian, Partner, Accel India said, “It has been an incredibly fulfilling journey to see Onco.com grow from a concept to a clinically recognized technology cancer care platform that offers full stack support to cancer patients and caregivers in India and emerging markets. Given the hugely increasing cancer disease burden and severely skewed oncologists-to-patient ratio in the country, we believe that there is tremendous work to be done in cancer care delivery.”

About Onco.com

Onco.com is an online cancer platform offering cutting edge treatment advice and care management to cancer patients in 18 countries. Through its network of 1500+ oncologists, 500+ hospitals and labs, Onco allows cancer patients to get personalized advice and embark on their treatment journey with more confidence.

Onco.com offers following services: Preliminary opinion, Tumor Board opinion, Onco Connect and Onco Care Management.

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
Catch the latest news from Startup World in your Inbox!