- Bangalore-based online medical journal Daily Rounds raised US$500,000 from Kae Capital, Teruhide Sato, and GSF
- The startup was recently selected for Microsoft Ventures’ India summer acceleration programme
- Sato recently backed Bangalore-based business chat app Lookup
Bangalore-based online medical journal for doctors Daily Rounds has secured US$500,000 in seed funding from early-stage VC firm Kae Capital, with participation from Teruhide Sato, Founder of Japanese e-commerce major Beenos Asia and GSF accelerator.
The startup was founded in 2014 by Deepu Sebin, Nimmi Cherian and Priyaank Choubey. Daily Rounds is an online tutorial for medical students, clinical cases, updates and multiple choice questions (MCQs). It also offers up-to-date information on drug lists and drug interactions.
The app is currently available only on Android and will soon be launched on iOS.
The startup claims that it has over 45,000 doctors using the platform, and it aims to reach 2,00,000 doctors in the next year.
Daily Rounds was part of GSF India’s acceleration programme. The firm was recently picked by Microsoft Ventures for its summer programme in Bangalore.
Sato had earlier backed Lookup, a free messaging app that enables consumers to chat with local businesses and shops. His firm Beenos also has a good presence in India. The Japanese Internet firm had earlier invested in DIY e-commerce platform KartRocket and online payments company Citrus.