5C Network provides a platform for creation, archiving and analysis of radiological images, helping hospitals get more value from their radiology infrastructure by making radiologists accessible across India. The company was established in 2016 and is headquartered in Bengaluru. Founders are named in the filing as Sivasailam and Syed Ahmed; the article also references co‑founders Syed Sabbir Ahmed and Kalyanasundaram S. 5C had previously raised a $4.6M Series A in October 2022 led by Celesta Capital and, with Tata 1mg, has raised more than Rs 80 crore to date. The business reported a 20% revenue decline to Rs 18.75 crore for the fiscal year ended March 2023 and a loss of Rs 19.47 crore, indicating recent growth and profitability challenges. Media estimates put the company’s post‑money valuation at roughly $30 million after the latest round. 5C Network is building digital infrastructure for delivering better healthcare diagnostics in India through its Prodigi platform. The company provides marketplace-like access for diagnostic establishments, radiologists, and patient aggregation and management providers. Through Prodigi, 5C delivers 1.5 radiological reports annually to 2000 hospitals and diagnostic centers across 300 cities in India. Led by CEO Kalyan Sivasailam, the company intends to use its recent funding to broaden and deepen its installed base of diagnostic establishment clients and radiologists. It also plans to ramp up talent and infrastructure for its data science and clinical teams. The company previously received a strategic investment from Tata 1mg. 5C Network provides a cloud-based radiology platform that allows hospitals and diagnostics centres to upload scans for automated data extraction and analysis via its proprietary algorithm. The product is designed to help doctors and patients make better clinical decisions through its analysis and services. The company said it will use new capital to boost its products and services. 5C Network was founded by Kalyan Sivasailam and Syed Ahmed; Kalyan Sivasailam serves as CEO. The company operates in India. Its current reported financing round is a pre-Series A totaling $1.2 million.

Total raised

$9M

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2024