Indian online cancer care aggregator Onco.com said Thursday it has raised USD 7 million led by Accel Partners with participation from other investors including Chiratae Ventures and Dream Incubator.
In a statement to the media, the company that claims to be the only aggregator of cancer care services, said the recent funding will be used to expand its cancer advisory services to new markets, scale operations and build team within and outside Indian market.
“We are solving a very critical problem, that of ‘information gap’ that every cancer patient and their family experiences. India alone has three million cancer patients and countries across the Middle East, Africa, and Asia combined has seven million cancer patients. We offer services to patients in these countries too,” Onco’s CEO, Rashie Jain said in a press statement.
With the help of a network of over 1,500 oncologists from 18 countries, the three-year-old Onco provides customized scientific advice to cancer patients. The portal acts as a platform to connect all stakeholders including patients, care providers, and diagnosis labs to provide end-to-end services. It claims over 30,000 patients have used the platform till date.
“Dream Incubator has extensive expertise and network in the healthcare space in Japan and SEA and will support Onco.com in international expansion,” said Munehiko Eto, managing director at Dream Incubator India. Dream Incubator has invested in five Indian healthcare companies till now.