Yali Capital led the $6 million Series A round that the healthcare startup 4baseCare raised.
The company states that the money raised will be utilized to improve its product line and expand its operations to include more of India and other Asian and Middle Eastern nations.
4baseCare, established in 2018 by Hitesh Goswami and Kshitij Rishi, provides precision oncology solutions through the use of cutting-edge genomics and digital health technologies. With over 10,000 cancer patients affected, its genomic tests have had a significant impact on South East Asia.
One of its genomic-based tests, Indiegene, is touted as the first cancer gene panel specifically tailored to the Indian population, making it a valuable biomarker test.
4baseCare plans to establish genomics labs in Dubai, Nepal, and the Philippines in the coming months. Furthermore, it will concentrate on developing digital health and genomics solutions with an emphasis on enhanced clinical insights, sophisticated data analytics, and data-driven treatment recommendations.
