power to save countless lives and increase the quality of life . Drawing inspiration from the sensing technology used in race cars , Gaurav joined hands with Mudit to build and evolve Dozee into India ’ s first contactless health monitor . After a series of intense R & D activities , partnering with premium research institutions such as NIMHANS , Sri Jayadeva Institute of Cardiovascular and Research , Dozee was proven to be 98.4 % as accurate as medical grade devices and launched in India in 2019 .
The company is backed by BIRAC ( Department of Biotechnology ) and renowned Venture Capitalists and Investors like Prime Ventures , 3one4 Capital , YourNest and Gokul Rajaram . With breakthrough clinical innovations in sensing technology , cloud computing and artificial intelligence , Dozee continues to reimagine healthcare that ’ s smarter and connected .
Key Milestones
Dozee ’ s high potential have received attention of prospective investors and partners . The company has established collaboration with leading medical organizations like the National Institute of mental Health & Neuro Sciences , Sparsh Hospital and Sri Jayadeva Institute of Cardiovascular Sciences and Research , AIIMS Jodhpur . It also partnered with the Indira Gandhi Government Medical College & Hospital and Government Medical College in Nagpur where about 150 Dozee devices were deployed
across 6 surgical HDU wards .
The startup has monitored above 41000 patients , saved more than 2000 lives , helped nurse save over 100,000 nursing hours , and has been approved and tested by over 370 hospitals .
In 2021 , the company Rs 44 crore Series A funding led by existing investor Prime Venture Partners which was also participated by YourNest Venture Capital and 3one4 Capital . It used this funding to expand and improvise its HDU ward monitoring , home monitoring , and to deliver a cloud-enabled continuum of care in all parts of India .
In April 2023 , Dozee raised $ 6 million in a Series A2 funding round . The investment came from a mix of new and existing investors , including State Bank of India , J & A Partners Family office , and Dinesh Mody Ventures .
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