Clinikally secures $500,000 pre-seed funding to increase digital derma platform

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Digital dermatology startup Clinikally from India has raised $500,000 in pre-seed funding from Y Combinator, a US-based tech startup accelerator, and Shutterstock CEO and founder Jon Oringer. 

It additionally secured the quantity from different buyers, together with ReNew Energy founder Sumant Sinha, MapMyGenome founder Anu Acharya, Nepean Capital founder Gautam Trivedi, and Northwestern Drugs chief of head and neck surgical procedure Sandeep Samant.

Launched final yr, Clinikally runs a web-based teledermatology platform for folks of all ages, together with kids. With about 125 accomplice manufacturers offering prescription-grade hair and pores and skin merchandise, the digital well being firm is serving round 700 cities in India up to now.

The startup is at present constructing an AI mannequin for offering automated therapy plans utilizing a database of pores and skin and hair profiles and prescriptions.

WHAT IT’S FOR 

Arjun Soin, founding father of Clinikally, mentioned they are going to use the recent funds to double down on constructing seamless telemedicine flows; increase its digital pharmacy service to cater to a wider vary of circumstances; and strengthen their in-house R&D and expertise for AI-based therapy plans. 

Just lately, the startup partnered with US-based skincare model Soteri Pores and skin to market its merchandise for the therapy of persistent pores and skin circumstances like eczema, psoriasis, and atopic dermatitis in India. It additionally simply launched a digital paediatric dermatology service and pharmacy providing on its platform.

MARKET SNAPSHOT

In August, fellow derma startup Diri Care from Indonesia additionally raised seed funding value $4.3 million which shall be used for its growth actions.

One other AI-driven dermatology firm, CureSkin, scored $5 million in Collection A funding in March, which can go in direction of reaching out to extra customers in India.



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