Healthcare AI startup Qure. AI aiming for IPO in two years, CEO says

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Qure. AI, an India-based startup providing artificial intelligence tools to healthcare firms, is aiming to turn profitable in the next financial year and for an initial public offer (IPO) in two years, its CEO told Reuters.

The company, founded in 2016 and largely backed by AI firm Fractal Analytics, counts Peak XV Partners and Novo Nordisk’s Novo Holdings among its investors, and has raised $125 million in funding so far, CEO Prashant Warier said.

“We look to break even and be profitable next financial year. As we sort of get to that break-even…we…



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Healthcare AI startup Qure. AI aiming for IPO in two years, CEO says


Qure. AI, an India-based startup providing artificial intelligence tools to healthcare firms, is aiming to turn profitable in the next financial year and for an initial public offer (IPO) in two years, its CEO told Reuters.

The company, founded in 2016 and largely backed by AI firm Fractal Analytics, counts Peak XV Partners and Novo Nordisk’s Novo Holdings among its investors, and has raised $125 million in funding so far, CEO Prashant Warier said.

“We look to break even and be profitable next financial year. As we sort of get to that break-even…we…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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