HealthTech Startup CARPL.ai Bags $10 Mn to Grow AI Radiology Platform Globally

The funding round was led by the International Finance Corporation (IFC). Stellaris Venture Partners and the company's existing investors also participated in the investment.

CARPL.ai will use the new funding to improve its AI radiology platform, strengthen its technology, and expand its presence in North America, Latin America, Europe, Asia-Pacific, and other emerging markets.

"Our mission is to ensure that clinicians can confidently utilize the absolute best AI technology available for their patients. Over the past few years, we have built the world's largest radiology AI marketplace, integrated deeply with leading enterprise PACS providers, and earned the trust of some of the largest healthcare enterprises across the globe, who rely on us as their partner in their AI and automation journeys. We are privileged to have International Finance Corporation as a partner as we grow across the world." said Dr. Vidur Mahajan, Chief Executive Officer of CARPL.ai.

Farid Fezoua, Global Director for Private Equity and Venture Capital, International Finance Corporation said, “Expanding access to high-quality diagnostics in emerging markets is one of the most pressing priorities in global healthcare, and AI is becoming a critical part of the solution. CARPL.ai is building the digital infrastructure that enables healthcare providers to adopt AI at scale, improving diagnostic quality and expanding access to care. IFC is proud to support a company that combines world-class innovation with India’s deep technology talent, creating high-skilled jobs while addressing a critical global healthcare need. This investment reflects World Bank Group’s commitment to advancing innovation, strengthening digital health ecosystems and ensuring the benefits of AI reach patients in emerging markets and underserved communities worldwide.”

Alok Goyal, Partner, Stellaris Venture Partners, said “We are excited to see CARPL's remarkable journey since our initial investment and to watch our original thesis play out so strongly. Over the past few years, the team has executed exceptionally well, earning the trust of leading healthcare institutions worldwide, building deep partnerships with leading PACS providers, and enabling millions of patient scans through its platform. This is a testament to the vision, ambition, and execution of Dr. Vidur Mahajan and his team, and we're excited to continue supporting CARPL as it builds the foundational infrastructure for AI-powered healthcare globally.”

Founded in 2021 by Vidur Mahajan, CARPL.ai is a healthtech SaaS startup that offers a single platform for hospitals and radiologists to access multiple AI-powered medical imaging applications.

The platform allows users to easily manage, monitor, and use different AI tools in one place, making medical image analysis more efficient.

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