Oncare, a cancer care startup focused on making treatment more accessible and affordable, has raised $1 million in its seed round led by Huddle Ventures. The round also saw participation from notable institutional investors including TRTL Ventures, Cloud Capital, and DeVC.
The newly secured funds will drive Oncare’s expansion plans, enabling the company to establish 10 new centres across Delhi NCR, Bangalore, and Jaipur within two years. Additionally, the startup plans to use the capital to grow its team and amplify marketing efforts to raise awareness about its cost-effective cancer care solutions.
Founded in 2023 by Deepak Kumar and Amar Sneh, Oncare aims to address the financial barriers associated with cancer treatment. The company partners with 50-100 bedded hospitals to set up dedicated oncology wings, thereby reducing treatment costs by up to 40% compared to traditional corporate hospitals, where bills can exceed Rs 10 lakh for cancer care. To further support patients, Oncare offers on-call nursing services, helping manage side effects and alleviate anxiety without the need for frequent hospital visits.
In just 10 months of operation in South Delhi, Oncare has assisted over 2,500 patients by offering treatment guidance and successfully completed over 500 sessions. The startup’s affordable approach comes at a critical time for India’s healthcare system. According to Apollo Hospitals’ Health of Nation report, cancer cases in the country are projected to increase from 1.39 million in 2020 to 1.57 million by 2025. However, the rising costs of treatment, coupled with limited access to specialized oncology centres and professionals, have left many unable to receive timely care.
By addressing these gaps, Oncare aims to significantly transform cancer care in India, making high-quality treatment accessible to a larger population segment.
