Get All Access for $5/mo

SigTuple Raises INR 34.5 Crore Fresh Round Of Funding The team will use this new capital to drive geographical expansion, expand its product portfolio and support regulatory clearances

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

SigTuple has raised INR 34.5 crore in a fresh round of funding led by existing investors Endiya Partners and Accel, with participation from a few strategic leaders from the Healthcare sector. The team will use this new capital to drive geographical expansion, expand its product portfolio and support regulatory clearances.

"The last 1 year has been truly transformative for the organization - with major product improvements, new product additions and most importantly - strong customer traction. While we continue to build on the success of AI100 in India, 2023 is the year SigTuple will go global - with expansions planned across key markets in SEA, MENA, North America and Europe," said Tathagato Rai Dastidar, founder and CEO, SigTuple .

SigTuple has shown tremendous growth in the last 12 months where along with adding muscle to its channel partners, the team has also forged partnerships with some of India's largest diagnostic chains and hospitals that include prestigious names like HCG Hospitals, Krsnaa Diagnostics and Thyrocare Technologies.

"We at Endiya Partners are thrilled to be part of SigTuple's groundbreaking journey in providing AI solutions to Pathology and Microbiology. SigTuple is solving an important problem by combining state-of-the-art digitization and AI technology for peripheral blood smears and urine samples, the two most common tests in Pathology Labs worldwide. Furthermore, SigTuple is committed to expanding its AI solutions to Hematology, Cytology, and Microbiology, providing a one stop shop for AI solutions. We are proud to be contributing to SigTuple's mission to build AI solutions in India for the world," said Dr. Ramesh Byrapaneni, managing director, Endiya Partners.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Thought Leaders

25 Common Characteristics of Successful Entrepreneurs

Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.