Fastest.Health Secures Rs 1.2 Crore for Rapid On-Demand Diagnostics
Mumbai-based health startup Fastest.Health has secured Rs 1.2 crore in a pre-seed funding round. The company offers on-demand diagnostic testing, with samples collected at the doorstep within 15 minutes and reports delivered within 90 minutes for most routine tests. The funding round was led by Inflection Point Ventures.
Fastest.Health, a Quick Service Diagnostics platform, was co-founded by a team of industry veterans specializing in diagnostics, logistics, ecommerce, and technology. The leadership team includes Jayesh Kamat (CEO), Sandeep Krishna (CBO), Mazhar Faruqi (COO), Dr. Santosh Wakchaure (CMO), and Mohit Lala (CTO).
The Indian diagnostics market, currently worth $14 billion, is projected to reach nearly $20 billion by 2026. Fastest.Health is operational in Navi Mumbai and Mumbai's suburban areas, with plans to expand into new markets. The startup aims to be the first and fastest responder for any medical need, ensuring care reaches people exactly when it matters most.
The samples are tested in registered NABL accredited labs, ensuring accurate reports. The funding will be used to scale marketing initiatives, improve sales, invest in technological advancement, and onboard key resources.
Fastest.Health has raised Rs 1.2 crore to expand its on-demand diagnostic testing services. The funding will support marketing, sales, technology, and hiring. The startup aims to lead the growing Indian diagnostics market, currently valued at $14 billion, by providing rapid and accurate testing services.