Seed · Healthtech

Oncare raises $1 million seed round led by Huddle Ventures

The cancer-care operator plans ten additional centres, alongside clinical hiring and marketing.

Oncare announced $1 million in seed funding on October 3, 2024, led by Huddle Ventures. TRTL Ventures, Cloud Capital and DeVC also participated.

Co-founder Deepak Kumar said the capital would support a target of ten new centres across Delhi-NCR, Bengaluru and Jaipur over the following two years. The company also planned to hire clinical and administrative staff and increase marketing.

The financing came as Oncare began opening locations beyond its South Delhi base: a Ghaziabad centre opened on October 1, with West Delhi scheduled for November. The company had completed more than 500 treatment sessions at the time of the announcement.

Use of funds

Cancer-care centre expansion

Clinical and administrative hiring

Marketing

Funding history

Seed · This round$1M

Sources

  1. Oncare newsroom: October3,2024 USD1m seed coverageoncarecancer.com
  2. Oncare announces USD1m seed financingm.economictimes.com · Oct 3, 2024
  3. Oncare cofounders confirm closed funding and named investorslinkedin.com