# Fedo Health Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fedo-health-technologies-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.fedo.ai
- Total disclosed funding: $1M
- Latest round: Seed (Nov 3, 2020)
- Investors on record: 2

## About

Fedo Health Technologies Pvt. Ltd. develops innovative software solutions to enhance operational efficiency and data analytics capabilities for various industries, primarily targeting healthcare and finance sectors across North America and Europe.Founded in 2018 in Bangalore, India, Fedo Health Technologies Pvt. Ltd. specializes in health technology solutions. The company has completed 3 funding deals, with the most recent Seed round occurring in November 2020, raising INR 74.3 mn, led by Unicorn India Ventures along with Salamander Advisors. The founder, Prasanth Madavana, has a background in technology startups, although specific details of previous ventures are not provided.Fedo Health Technologies offers a suite of software solutions designed to tackle specific industry challenges, focusing on operational efficiency and data analytics. Their core products cater to mid-sized and large enterprises, particularly in technology, healthcare, and finance, with services primarily marketed in North America and Europe. These solutions have been pivotal in transforming resource and data management practices for their clients.In 2023, Fedo Health Technologies reported no revenue and an EBITDA of -INR 293,753.60.Fedo Health Technologies aims to innovate new products tailored to the healthcare sector, with plans for a product launch scheduled for late 2023. The company plans to expand its market presence in Europe and North America by the end of 2024. The recent Seed funding of INR 74.3 mn will support these initiatives and bolster their operational capabilities.

## Funding rounds

- Seed, Nov 3, 2020, $1M — Unicorn India Ventures, Salamander Advisors

## Investors

- Unicorn India Ventures (https://capitalatlas.ai/funds/unicorn-india-ventures) — Seed
- Salamander Advisors (https://capitalatlas.ai/funds/salamander-advisors) — Seed