Startup Atlas · Artificial Intelligence

Dozee

Turtle Shell Technologies Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● dozeehealth.ai ↗
Mudit Dandwate · Co-Founder & CEO Gaurav Parchani · Co-Founder & CTO
$41.99 MnTotal funding (tracked)
7Funding rounds
13 Aug 2025Last round

Dozee: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Contactless vital-signs monitoring via ballistocardiography

A sensor sheet under the mattress captures micro-vibrations from heartbeats, respiration and movement, without wires or electrodes.

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Early warning system for clinical deterioration

Continuous tracking with alerts intended to flag patient deterioration before it becomes critical.

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US-FDA 510(k) cleared technology

Dozee's proprietary contactless vital signs measurement technology received US FDA 510(k) clearance.

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Reduces nursing workload

Automates routine vitals collection to save nursing time versus manual monitoring.

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Customer Segments

Hospitals (ICU, HDU, general wards)

Dozee's remote patient monitoring platform is deployed across hospital wards to continuously track patients.

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Skilled Nursing Facilities and Assisted Living Facilities

Targets acute and post-acute care settings including SNFs and elder/chronic care ALFs, mainly in the US market.

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Home users with chronic conditions

Contactless monitoring device for home/chronic-care use, tracking sleep and vitals under the mattress.

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Customer Relationships

Extensive staff training and support

Dozee provides hands-on training and ongoing support to hospital/facility staff on using the RPM platform to care for patients.

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24x7 dedicated support24x7

Dozee commits to round-the-clock availability for its provider customers rather than standard business-hours support.

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Turnkey, fully managed RPM programs

For providers that want a hands-off option, Dozee takes on end-to-end responsibility for patient onboarding and alert management rather than just supplying software.

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Per-hospital personalized consultation

Dozee's team engages each hospital individually to understand its specific requirements and customizes the solution rather than offering one fixed package.

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Channels

Direct hospital deployment across India

Direct sales/deployment into hospital wards, scaled from 216 hospitals (2021) to 200+ hospitals cited on its current site.

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International markets: US, UAE, Africa

Expansion into international markets alongside its Indian hospital base.

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Development-finance-backed public healthcare rollout

MillionICU initiative with British International Investment upgrades beds in public hospitals as a distribution channel into government healthcare.

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Key Activities

R&D and new product development

Continued R&D to launch new products and enhance platform capabilities.

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Hospital bed/ward deployment and upgrades

Upgrading regular hospital beds to step-down ICU-equivalent monitored beds, including via the MillionICU initiative.

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Key Resources

Proprietary ballistocardiography sensor and AI algorithms

Core contactless sensing hardware plus cloud-based AI algorithms that convert vibration data into vital signs.

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US-FDA 510(k) clearance

Regulatory clearance for its contactless vital signs measurement system, supporting entry into the US market.

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Key Partnerships

British International Investment (MillionICU initiative)

Partnership to upgrade thousands of public hospital beds to step-down ICUs using Dozee's monitoring technology.

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JioGenNext deeptech startup programme

Dozee was selected as one of the deeptech startups in Jio's JioGenNext accelerator programme.

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Bill and Melinda Gates Foundation

The Gates Foundation is an investor/backer of Dozee.

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Revenue Streams

Hospital product sales: monitoring systems + early warning systemRevenue +148% YoY to INR 5.2 Cr (FY24)

Dozee sells contactless patient monitoring systems and an early-warning system to hospitals, letting clinical staff remotely track vitals and receive deterioration alerts.

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Direct-to-consumer device purchase or rental₹11,999 buy or ₹3,990/mo rent

For home/individual users, the Dozee device is sold outright or offered on a monthly rental plan instead of requiring full upfront purchase.

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Cost Structure

Employee costs are the largest expense lineINR 47 Cr, -12% YoY (FY24)

Employee benefit expenses are Dozee's single biggest cost head. The company cut this spend 12% year-on-year to INR 47 Cr in FY24 from INR 53.3 Cr in FY23 as part of a cost-reduction push.

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Total operating expenditureINR 74.5 Cr, -15% YoY (FY24)

Total expenditure declined 15% to INR 74.5 Cr in FY24 from INR 87.9 Cr in FY23, narrowing the company's cash burn.

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Workforce reduction to control employee costs~40-50 employees affected

Facing losses driven largely by employee and advertising expenditure, Dozee cut an estimated 40-50 roles across sales, marketing and customer success; the company publicly described it as a 'reallocation of resources' rather than layoffs.

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FAQs on Dozee

What is Dozee's business model?

Dozee's core value proposition centers on Contactless vital-signs monitoring via ballistocardiography, Early warning system for clinical deterioration, US-FDA 510(k) cleared technology, Reduces nursing workload.

How does Dozee make money?

Dozee's cited revenue streams include Hospital product sales: monitoring systems + early warning system, Direct-to-consumer device purchase or rental.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: tracxn.com · Last verified 23 Oct 2026. · Report a correction