Healthtech startup LifeSigns raises pre-Series A financing

Online health-tech platform LifeSigns iMS (run by Chennai-based LS Devices) has raised an undisclosed amount in a pre-Series A funding round.

The round was led by SP Ganesan, a pathologist from Chennai with 40+ years of experience and other investors.

The funds will be used to accelerate the iMS platform and for India wide expansion.

The startup develops a digital wireless patient monitoring solution platform for ambulatory, inpatient, and home care settings.

LifeSigns provides technological solutions for patient monitoring in hospitals, at home, and in ambulances, bringing high-quality, clinical-grade patient vital data continuously to healthcare professionals anywhere anytime at a reasonable cost.

Hari Subramaniam, founder and director LS Devices, said, ” We have been assisting hospitals become smarter, more technologically advanced, with leaner infrastructure and at lower costs. The new funds will allow us to work more on technology and HR to enhance the user experience, bring more efficiency in clinical data delivery, lower infrastructure spend, bring down cost of healthcare benefitting the patient and providers.”

The startup has collaborated with private and public government hospitals across India, currently in 48-plus hospitals, managing close to 5,100 beds deployed on 28,000 patients, including the largest private hospital chain and largest public hospital, helping them deliver better cost-efficient patient care with the most modern technology.