AI startup Cloudphysician raises $10.5 mn

New Delhi: Artificial intelligence (AI) health startup Cloudphysician on Tuesday said that it raised $10.5 million in a Series A funding round led by Peak XV Partners, with participation from Elevar Equity and venture debt firm Panthera Peak.

The fresh funds will be used to propel the company’s growth and operations within India and expand into multiple emerging markets and established markets such as the US.

In addition, the funds will be used to further enhance its innovative AI platform, RADAR, to improve its co-pilot features using data, the company said.