StopDownOpen the app

Funding · Healthcare & Life Sciences

4baseCare raises Rs 128 Cr in Series B round

By ·

4baseCare logo
Date
Company
4baseCare
What it does
Genomics-driven cancer diagnostics
Kind
Funding
Amount
Rs 128 Cr
Stage
Series B
Founded
2019
Sector
Healthcare & Life Sciences

What they do

4baseCare provides AI-led genomic cancer diagnostics through its OncoTwin platform

What happened

The company closed a Series B round of Rs 128 Cr with growX Ventures leading the top-up

Why it matters

Funds support global expansion and lower pricing for underrepresented populations

The details

  • 4baseCare has closed its Series B funding round totaling Rs 128 Cr.
  • The total amount includes an earlier tranche of Rs 90 Cr and a top-up of Rs 38 Cr.
  • growX Ventures led the top-up investment round with participation from existing backers.
  • Infosys participated as a strategic innovation investor in this latest funding stage.
  • Co-lead investors for the initial Series B tranche were Ashish Kacholia and Lashit Sanghvi.
  • Existing backer Yali Capital also participated in the current funding round.
  • The company reported annual revenue of approximately Rs 40 Cr at the time of closing.
  • 4baseCare aims to cross Rs 100 Cr in revenue within the next 12-18 months.

The bigger picture

  • India sees around 15 lakh new cancer cases annually according to market context.
  • Approximately 70% of these cases are diagnosed at advanced stages in India.
  • The startup addresses the underrepresentation of non-Caucasian populations in genomic data globally.
  • Adoption is spreading from tier 1 cities to tier 2 and tier 3 locations.

About the business

  • 4baseCare focuses on precision oncology and genomics-driven cancer diagnostics services.
  • Its core product is the OncoTwin platform which uses AI clinical decision support.
  • The platform analyzes multimodal datasets including genomic, pathology, radiology, and clinical data.
  • The company operates 4 active labs currently within India.
  • It performs approximately 1,500 genomic tests per month at present capacity.
  • Projected monthly test volume is expected to reach 8,000-10,000 tests soon.
  • The firm pursues a strategy of lower prices compared to competitors.
  • Some offerings cost nearly one-fourth of what competitor services charge.

What happens next

  • Plans to expand lab network to Middle East, Southeast Asia, Latin America, and Central Asia.
  • Targeting entry into 8-10 additional countries over the next 12-18 months.
  • Forming partnerships with Max Healthcare, AIIMS Jammu, and Shankara Hospital for in-hospital labs.
  • Aiming to decentralize testing access across India through hospital integrations.

The deal

Type
Series B

Investors

Founders

  • Hitesh Goswami, Co-founder and CEO
  • Kshitij Rishi, Co-founder

About 4baseCare

Product
Genomics-based cancer diagnostic tests and OncoTwin, an AI clinical decision support platform.
Customers
Oncologists, cancer patients, and hospital networks.
How it makes money
Fees for diagnostic testing services and software-driven clinical decision insights.
What sets it apart
Combines clinico-genomic and real-world lifestyle data tailored for underrepresented populations.
Operations
Operates genomics laboratories and partners with hospital networks across emerging markets.

Other articles talking about it

Read it as a card in the app

More on 4baseCare

Everything on 4baseCare →

Same day

All startup news on 11 June 2026 →