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Shadine Taufik · · 1 min read

India-based diagnostics platform gets $4.6m series A injection

5C Network is a diagnostics platform for storing, sharing, and interpreting radiology images. The company is headquartered in India. The fresh funds will be used to expand its team, develop its data science and clinical team infrastructure, and onboard new clients and radiologists.

Funding details

  • Funding amount: US$4,600,000
  • Lead investors: Celesta Capital
  • Investors: Unitus Ventures, Axilor Ventures, Ajay Gupta, Rohit Razdan, and Shiv Tallam.
  • Stage: Series A
  • Source

More details

5C Network

The company was founded in 2014 by Syed S Ahmed and Kalyan Sivasailam.

Stage Amount (US$) Investors
Pre-series A $1.2M Unitus Ventures, Axilor Ventures
Strategic investment Undisclosed Vikram Vuppala, Tata 1mg (HealthKartPlus), Viren Shetty, Om Manchanda
Series A $4.6M Celesta Capital (WRVI Capital)
Total $5.8M

See also: An unknown Singapore healthtech firm’s dubious $583m valuation

Editing by Miguel Cordon and Lorenzo Kyle Subido

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Shadine Taufik

Fan of all things AI and art.