Early-stage Startup Janitri Bags $1.1 M In Pre-Series A Round
With the acquired funds, it plans to scale up its current product offering in hospitals/clinics and gain traction for early entry to home monitoring. Additionally, the MedTech startup aims to acquire international regulatory approvals by 2024
Janitri, a startup focused on pregnancy monitoring has recently secured USD 1.1 million in pre-Series A led by iAngels-backed India Accelerator. The investment round also witnessed the participation of other marquee investors including C-camp, Namita Thapar, O2 angels, Ashish Kacholia, IKP and others. In their last round Janitri was funded by Singapore based Pureland Venture group.
Founded in 2016, Janitri is recognised for providing advanced wearables and AI-enabled solutions for pregnancy and labor vitals monitoring.
With the acquired funds, it plans to scale up its current product offering in hospitals/clinics and gain traction for early entry to home monitoring. Additionally, the MedTech startup aims to acquire international regulatory approvals by 2024.
Delighted with the funding, Arun Agarwal, Founder, Janitri said, “I would like to thank everyone for this support and for joining this journey with us. This space (maternal & child healthcare, medical device) needs a lot of attention, funding, awareness to make sure no mother or newborn dies or gets life-long complications during pregnancy, labor or post-delivery.”
Commenting on the funding decision, Mona Singh, Co-Founder, India Accelerator said, “Pregnancy is exciting but the journey is also filled with anxieties and several critical aspects. Janitri’s devices are compact and portable, making it much easier for expecting mothers to manage their pregnancy through these devices. We are confident that Janitri’s product offerings are going to be a game-changer in the market as it strives to ensure healthy pregnancy and delivery, a suitable candidate for acquisition for big players of the industry like Philips/GE/Siemens.’’