Bengaluru-based predictive healthcare startup Touchkin has secured $1.3 Mn in Seed funding round led by Kae Capital. A consortium of undisclosed angel investors also participated in Touchkin’s latest seed funding round.
As per reports, the newly-raised seed funding from Kae Capital will go into enhancing Touchkin’s AI chatbot Wysa.
Commenting on the development, Vidushi Kamani, an investment professional at Kae Capital said, “Combining passive sensing technology with a personalised AI coach changes the economics of the behavioural health and wellness industry globally. With Wysa, providers can increase the number of people supported per coach by 10-100x, with increased engagement, better monitoring and improved self-management.”
Kae Capital is an early-stage investment firm that backs tech startups in a variety of domains, such as ecommerce, education, consumer Internet, healthcare, and mobile. Most recently, Kae Capital invested an undisclosed amount of seed funding in Bengaluru-based online gaming startup, Hypernova.
How Touchkin Looks To Make Mental Health Care Affordable
Touchkin is an AI-based predictive health care provider for elders that uses mobile-based social sensing to offer proactive personalised care. Touchkin’s proprietary prediction engine relies on machine learning to discern patterns in behaviour that may mean mental or physical ill-health. The platform also connects users with direct support to ensure early identification of symptoms in case of mental illness or age-related disorders.