Infosys has stepped in towards advancing healthcare technology with a recent investment of ₹8.3 crore for a 20% stake in healthcare deep-tech startup 4baseCare. The collaboration is about bringing change in cancer care with a different approach that blends technology and innovation.
4baseCare was founded by Hitesh Goswami and Kshitij Rishi in 2018. It is making waves since then in precision oncology. It has an unique approach in using genomics and digital health tools in offering personalized cancer care. It is to provide better diagnosis, smarter treatments and help in the drug discovery part.
The startup has simultaneously caught the attention of major investors including Yali Capital and GrowX Ventures. Grants from BIRAC and Karnataka’s startup initiative have also highlighted the innovations of 4baseCare in the healthcare ecosystem.
Infosys is eying an opportunity to deepen its focus on healthcare apart from making an investment. Its Infosys Innovation Fund earlier invested in a couple of fast-growing companies like GalaxEye and WHOOP.
The collaboration is exciting as both the companies can pour in their experiences. Infosys has expertise and resources while 4baseCare is equipped with technology and fresh perspective.
Partnership of such kind reveals startups and established companies can shoulder responsibilities and work together to address challenges. Infosys is not just betting on a promising startup, but it is investing in a future where healthcare is smarter as well as more effective.
It is evident that collaborations could redefine the healthcare sector. The partnership of Infosys and 4baseCare may emerge with easy accessible life-changing solutions for the mass.
