A Bengaluru-based healthtech startup, Dozee has reportedly fired 20% of its workforce. In accordance with a report by Inc42, the 9-year previous startup has laid off round 50 workers in a restructuring train.
Dozee, which develops AI-powered non-contact medical units, has been on the forefront of the health-tech revolution in India. Nonetheless, the corporate has confronted challenges in latest months, together with the impression of the COVID-19 pandemic on its enterprise.
The layoff has impacted workers from the on-field, gross sales advertising and the client success groups. “As a part of our development technique, we’re reallocating assets with a better concentrate on HealthAI, medical analysis, and worldwide enterprise growth. Reallocation of assets with evolving enterprise wants is a pure a part of the life cycle within the development journey of any organisation. This has affected a really minuscule variety of our complete headcount,” an organization spokesperson advised Inc42.
Co-founded by Mudit Dandwate and Gaurav Parchani in 2015, Dozee’s expertise allows distant, contactless monitoring of affected person vitals like coronary heart charge, respiration, blood stress, and temperature. Its early warning system supplies well timed alerts to medical doctors, aiding within the detection of potential well being deterioration.
As Dozee’s development in India has slowed, the startup is now turning its consideration to the US market, in accordance with sources. “We’ve additionally expanded our footprints within the USA, UAE and Africa. With our path-breaking innovation in AI-powered ballistocardiography, we’re properly on our approach to turn out to be a world chief in HealthAI,” added Dozee spokesperson in a press release given to Inc42.
Dozee, which develops AI-powered non-contact medical units, has been on the forefront of the health-tech revolution in India. Nonetheless, the corporate has confronted challenges in latest months, together with the impression of the COVID-19 pandemic on its enterprise.
The layoff has impacted workers from the on-field, gross sales advertising and the client success groups. “As a part of our development technique, we’re reallocating assets with a better concentrate on HealthAI, medical analysis, and worldwide enterprise growth. Reallocation of assets with evolving enterprise wants is a pure a part of the life cycle within the development journey of any organisation. This has affected a really minuscule variety of our complete headcount,” an organization spokesperson advised Inc42.
Co-founded by Mudit Dandwate and Gaurav Parchani in 2015, Dozee’s expertise allows distant, contactless monitoring of affected person vitals like coronary heart charge, respiration, blood stress, and temperature. Its early warning system supplies well timed alerts to medical doctors, aiding within the detection of potential well being deterioration.
As Dozee’s development in India has slowed, the startup is now turning its consideration to the US market, in accordance with sources. “We’ve additionally expanded our footprints within the USA, UAE and Africa. With our path-breaking innovation in AI-powered ballistocardiography, we’re properly on our approach to turn out to be a world chief in HealthAI,” added Dozee spokesperson in a press release given to Inc42.
