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July 11, 2023

InfoEdge's subsidiary pumps Rs 1 crore into healthtech disruptor BrainSightAI

RedStart secures 4% stake in BrainSightAI, with further investments skyrocketing. An exciting journey awaits!

A promising partnership unfolds as RedStart Labs, a subsidiary of InfoEdge, invests in Bengaluru-based health tech startup BrainSightAI. With its evidence-based treatment hooks powered by AI, BrainSightAI is revolutionizing healthcare for neurosurgeons, psychiatrists, and neurologists.

The tech subsidiary of InfoEdge has invested nearly Rs 1 crore in Bengaluru's health technology startup, BrainSightAI. With RedStart holding a 4% stake in the company, this collaboration is set to reshape the future of healthcare. Get the inside scoop on this groundbreaking partnership!

The filing said: "RedStart has agreed to invest an aggregate amount of Rs 98,94,000 by way of subscribing to convertible notes. Since the note would be converted into shares in the next round basis the valuation at that time, aggregate shareholding of the company through RedStart, post this investment cannot be estimated at the time of making the intimation,"

Josefina Dipaolo
Josefina Dipaolo
Content Writer at TechNews180
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