Oncare, a pioneering startup dedicated to enhancing cancer care, has successfully secured $1 million in seed funding, with Huddle Ventures leading the investment round. This funding also attracted participation from prominent investors such as TRTL Ventures, Cloud Capital, and DeVC, highlighting the growing interest in innovative healthcare solutions.
Founded in 2023 by Deepak Kumar and Amar Sneh, Oncare is actively partnering with hospitals that have 50 to 100 beds to establish specialized oncology departments. By creating these dedicated wings, the startup aims to streamline cancer treatment processes and enhance patient care.
These strategic collaborations allow Oncare to significantly reduce treatment costs, bringing expenses down by as much as 40%. This approach not only alleviates the financial burden on patients but also addresses the need for accessible cancer care options in India. Oncare’s mission is to provide a high-quality yet affordable alternative to conventional cancer therapies, which can often exceed Rs 10 lakh in corporate healthcare settings.
As Oncare continues to expand its network and refine its offerings, the startup is poised to make a meaningful impact on the oncology landscape, ensuring that more patients have access to the treatments they need without the prohibitive costs.