earKart, a healthcare technology company that focuses on providing smart diagnosis and remote management of hearing aids, raised an undisclosed amount of pre-Series A funding led by Agility Ventures where other investors, including Blume Ventures also participated.
earKart aims to serve the patient population suffering from hearing loss, which is estimated to be around 98.5 million people in India, more than 60% do not have access to audiological services, making it difficult for them to receive the necessary help.
The Noida-based start-up aims to bridge this gap by providing affordable access to cutting-edge hearing aid technology.
Patients can access the latest technology and services from the comfort of their own homes thanks to the company’s smart diagnosis and remote management of hearing aids.
The start-up platform gives all hearing aid dispensers and patients access to a wide range of products from global manufacturers, all with guaranteed transparency, price fairness, and quality.
earKART has India’s largest all-brand hearing clinic network with over 1,250 clinics, and over 100,000 hearing aids were distributed in the previous fiscal year. It plans to launch its low-cost, feature-rich hearing aids later this month.
It has also begun manufacturing economy model hearing aids in India and plans to use its remote-audiometry and remote-hearing aid programming technology model through 1,500 ENT doctors.
“We’re thrilled to have Agility Ventures and other investors on board.” Their assistance will enable us to broaden our reach and make our services available to more patients in need. “We intend to use the funds to expand our team and build our technology infrastructure to better serve our growing customer base,” Misra said.
