Kolkata-based healthtech startup, Tiyo, run by Labsense Technology Services, has raised $120K in angel funding from veteran entrepreneurs from Middle East including Anish K & Ajith Nair, CEO iAdepto Global.
Tiyo plans to use the newly raised funds to further develop their patient care technology and consolidate sales efforts. The startup plans to foray into Tier I and II markets by 2017. It plans to roll out in 10 more cities including Chennai, Mumbai, Chandigarh, Ahmedabad, by the end of this year.
Rana Dutta, co-founder and CEO of Tiyo, said,” The current round of funding will help us strengthen our development team based out of Bangalore and will help open new sales offices in South and West”. More>>