For eight years, Pune-based startup Clinics On Cloud has worked to decentralize medical access, believing that quality care should not be determined by a patient’s geographic location. The company is now scaling that mission internationally after securing ₹120 crore, approximately $12.5 million, in a Series A funding round.
Expanding AI-Powered Healthcare
The investment was led by Model42, the medical technology investment division of UAE-based Enlightened Minds Investments. The funding round values the startup at ₹600 crore, or $63.3 million. Founded in 2018 by Abhay and Manashrri Agarwal, the company manufactures AI-driven “health ATMs,” portable box clinics, and mobile medical units designed for point-of-care diagnostics and telemedicine.
According to the company, these technologies allow hospitals and government agencies to establish temporary micro-clinics rapidly. The startup reports over 3,500 deployments across 200 cities in India and seven other countries, having screened more than 12 million patients. Its client base includes the Indian Army, Navy, and Border Security Force.
Global Growth Strategy
Clinics On Cloud plans to use the new capital to improve its AI-led healthcare capabilities, increase manufacturing capacity, and broaden research and development efforts. The company intends to establish the UAE as a central hub for its global expansion strategy, with plans to enter markets in Africa, the United States, and Southeast Asia.
This funding arrives as investor interest in India’s healthtech sector accelerates, driven by advancements in artificial intelligence. The domestic healthtech market is projected to reach $37 billion by 2030. Other recent activity in the sector includes funding for companies such as Ultrahuman and CARPL.ai.
Why it matters: This investment highlights the growing role of the UAE as a strategic gateway for Indian healthtech firms looking to scale internationally. By targeting the UAE as a global hub, Clinics On Cloud aims to leverage Middle Eastern investment to bridge healthcare accessibility gaps in emerging markets across Africa and Southeast Asia.