MedisimVR, a medical technology company, raised Rs 3.5 crore in a pre-Series A round led by Inflection Point Ventures. The round also saw the participation of Chennai Angels and Jana Balasubramaniam (MedTech investor). Funds raised will be used by the company to expand its product offering and add more professional training content to its library.
MediSimVR aims to make comprehensive medical education accessible and affordable across the globe through its current offerings which include procedural simulation, virtual patient simulation, and clinical training. They have been able to integrate nearly 500 medical students in the last 4 months.
Vinay Bansal, Founder and CEO of Inflection Point Ventures, said, “As we enter the 3rd of the pandemic, the benefits of technology and use cases have also changed with the changing technology landscape. health. MediSimVR understood this need for the healthcare industry to step up a notch and adapt to new era training technology for qualified medical students and healthcare professionals. Their simulation skills training program is where one can actually practice surgical training, encounter virtual patient scenarios, assess learning parameters which will help the medical fraternity immensely.
The key product offered by MediSimVR is the virtual reality-based skills training platform, which covers all the skills required in the MBBS program. Some of the other features include performance analytics and assessment metrics to better assess the learning pattern and skills.
Sabarish Chandrasekaran, Co-Founder and CEO of MedisimVR, says, “India’s future healthcare workforce needs futuristic training methodology and visionary cross-entity alignment for rapid scale-up. We at MediSimVR are thrilled to partner with IPV as we embark on this journey of change.
The global VR healthcare market is valued at $3.8 billion and is expected to reach $30.40 billion by 2026. The market potential is huge, MediSimVR aims to help medical students learn, practice and hone their skills in a more focused environment. MediSimVR combines the benefits of virtual reality and haptics and elevates healthcare training to a new dimension.