MFine to set up largest AI-powered virtual hospital

Digital health startup MFine, based in Bengaluru, has announced a $48 million Series C funding round co-led by Moore Strategic Ventures and BEENEXT with participation from existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y’S Investment and Alteria Capital. MFine aims to build one of the largest virtual hospitals in the world and make high-quality healthcare more accessible and effective with the use of AI and mobile technologies. Towards that vision, MFine is enabling clinical decision support for doctors using AI and bringing vitals monitoring and health management to consumers’ smartphones. The new round of funding helps MFine extend its leadership in digital health with investments into expanding its hospital, diagnostics and e-pharmacy network across the country and building tech-driven care delivery products for both acute and chronic conditions patients.