CHANDIGARH ANGELS NETWORK INVESTED IN YOLO HEALTH

Chandigarh Angels Network has invested INR 1.6 crore ($235,000) in Mumbai-based healthcare startup Yolo Health which is run by Health ATM India Pvt. Ltd, provides a walk-in kiosk with medical devices and staffed by a medical attendant.

Patients can walk into a Yolo Health ATM without an appointment and get a quick health check-up and instant health report. They can also consult with healthcare providers via video conferencing. The company hopes to drive healthcare ATMs into under-privileged areas.

Yolo Health will use the funds to develop Health ATMs, which will dispense generic drugs along-with investing the funds in research and marketing.

Yolo plans to set up 100 virtual care touch-points across rural and urban communities in 2017.

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