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AZB & Partners and K Law acted on Peak XV-led Funding Round for AI Health Startup Cloudphysician

AZB & Partners, representing Peak XV Partners, facilitated Cloudphysician’s recent funding round, K Law acted for Cloudphysician

The investment, led by Peak XV and joined by Elevar Equity and Panthera Peak, aims to accelerate companies expansion in India and global markets, including the US.

AZB’s deal team included Senior Partners Srinath Dasari and Nanditha Gopal, Senior Associate Karishma Dugar, Associates Ritum K. and Naga Sai Srikar HK.

K Law’s team was led by Partners Christopher Rao and Shwetambari Rao.

Founded in 2017 by Dhruv Joshi and Dileep Raman, Cloudphysician operates as a comprehensive AI and operations company, collaborating with hospitals to manage patients in ICUs and emergency departments. The funding will also enhance Cloudphysician’s AI platform, RADAR, focusing on advancing its data-driven co-pilot functionalities.

It last raised $4 million in Series A Funding from Elevar Equity in 2021. The startup currently manages about 2,400 ICU beds across 230 hospitals, spanning about 100 cities in India. It is a journey of continuous innovation, to design an acute care model that was simple to use, easy to deploy, and accessible to everyone. It combines state of the art yet simple to use technology, best-in-class clinical expertise, systemic change management solutions, and upskilling programs, to radically reshape the way care is being delivered.

Today, offers patient-centric solutions that are tailor-made for medical teams.

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