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AZB & Partners Advised Peak XV In Cloudphysician's $10.5M Funding
AZB & Partners Advised Peak XV In Cloudphysician's $10.5M Funding
AZB & Partners advised Peak XV Partners in AI health startup Cloudphysician's recent $10.5 million funding round led by Peak XV.
Cloudphysician, a full-stack AI and operations company, specializes in partnering with hospitals to manage patients in intensive care units (ICUs) and emergency departments. The funding round also saw participation from existing investor Elevar Equity and venture debt firm Panthera Peak.
The fresh capital infusion will be used to propel Cloudphysician’s growth and operations within India, along with expanding into multiple emerging and established markets, including the US. Additionally, the funds will support further enhancements to its innovative AI platform, RADAR, focusing on improving its co-pilot features using data.
AZB & Partners' deal team was led by Senior Partners Srinath Dasari and Nanditha Gopal, with Senior Associate Karishma Dugar and Associates Ritum K. and Naga Sai Srikar HK.