HYDERABAD: Integrated digital health startup EkinCare on Tuesday said it raised a strategic, undisclosed investment led by global healthcare giant MSD (more popularly known as Merck & Co Inc of USA) through MSD IDEA Studio Asia Pacific, which is an initiative by the MSD Global Health Innovation Fund (MGHIF). The pre-Series-C funding round also saw participation from EkinCare’s existing investor, HealthQuad, which is a venture capital fund focused on healthcare innovation.

The Hyderabad-based startup, which raised a total funding of $22 million since it was founded in 2015, said it plans to utilise the fresh capital to expand its cashless OPD network and enhance AI-powered analytics to drive better preventive care , chronic disease management , and employee wellness outcomes. Since inception, EkinCare partnered with over 1,000 companies and built a network of over 40,000 healthcare providers across India.