Healthtech startup Mykare has raised an additional $1 million (₹9.4 crore) in a bridge round led by cofounders Andrew Parker and Alfredo Vaamonde of US-based healthtech company Papa.com, along with a Middle-Eastern family office. This funding brings Mykare’s total funding to $3.2 million (₹30.2 crore). The startup plans to utilize the fresh capital to enhance its artificial intelligence (AI) capabilities, accelerate product development, and deepen its presence in existing international markets.Founded in 2022 by Senu Sam, Rahmatulla TM, and Joash Philipose, Mykare connects patients with a network of hospitals that provide affordable healthcare services compared to larger branded chains. The startup aims to build an extensive provider network and offer value-added services to make patient care more accessible. This funding round follows a $2.2 million seed round raised in 2023 from investors including OnDeck ODX and Avaana Seed.As India’s healthtech sector evolves, Mykare is developing an AI-native healthcare operating system (OS) designed to automate the entire patient journey, from appointment booking to feedback collection. The startup claims its AI agents can identify patient intent, manage appointments, and update customer relationship management (CRM) records. Currently, Mykare’s AI agents are implemented in 30-35 larger healthcare facilities, with plans to expand to 100 clinics soon.Mykare’s network spans the US, the UK, the Middle East, and India, with services active in major metro areas such as Delhi NCR, Mumbai, Bengaluru, and Hyderabad. The startup is also in discussions with a large dental chain in Qatar. The recent funding comes amid a growing demand for integrated health and wellness platforms in India, which is projected to become a $37 billion opportunity by 2030.
