Alyve Health Raises $6M Series A to Power AI
Alyve Health, an Indian startup that offers personalized digital health plans for businesses, has raised $5.5 million in a Series A funding round led by Axilor Ventures, with participation from 1Crowd Fund, InHealth Ventures, and Trifecta Capital.
Founded in 2020, the startup offers comprehensive, customized health plans, from prevention to treatment, including 24/7 doctor visits, diagnostics, medication, dental care, and gym memberships. the current Providing a service It has over one million members through its partner insurance companies, brokers, financial institutions, clinics, diagnostic centers and fitness studios.
The startup reportedly plans to use the new funding to improve its data, security and AI capabilities, expand operations, hire talent and enhance its services.
Huize kicks off Southeast Asia expansion with Vietnamese insurtech acquisition
Chinese insurance technology company Huize has acquired Vietnamese insurance technology company Global Care.
The acquisition is said to mark the start of Huize’s international expansion, beginning in Southeast Asia, which has markets similar to China. Powered by AI and data analytics, Huize’s insurtech platform connects consumers, insurers and distributors. provide We provide a variety of technology-enabled insurance solutions including insurance consulting, customer engagement, marketing, risk management and claims services.
Founded in 2017, Global Care offers a range of cloud API solutions that help insurers streamline and digitize their sales processes, operations, and policy management. Its mobile app connects insurers with retailers and various distribution channels such as Grab and Ahamove to offer a wide range of insurance products to a diverse customer base.
Huize will acquire a controlling stake in Global Care through its global subsidiary Poni Insurtech and will subsequently absorb the company as one of its subsidiaries.
JLK receives first FDA approval for AI solution
South Korean medical AI company JLK recently received US regulatory approval for its AI solution for prostate cancer diagnosis.
The company received 510(k) clearance for MEDIHUB Prostate, which uses AI to analyze prostate MRI scans and assess prostate-specific antigen levels. The AI ​​software was developed through clinical trials with Asan Medical Center in Seoul, South Korea, and the University of Missouri in the US.
This is the first of five regulatory applications JLK has submitted to the US FDA this year.
Online CBT reduces psychological distress among university students in Hong Kong
A two-year study conducted at a university in Hong Kong found that an internet-based cognitive behavioral therapy (iCBT) program was effective in alleviating mental health problems among students.
Researchers led by Dr. Pan Jiayan, Associate Professor in the Department of Sociology at Hong Kong Baptist University, tested an iCBT program called REST Online to address growing mental health concerns among Hong Kong university students amid a lack of specialist support in the city during the recent pandemic.
The 10-week self-guided program includes eight online modules covering CBT skills briefings and debriefings, case demonstration videos, online assignments and assessments, as well as two counselling sessions with a therapist, either face-to-face or online.
Investigation result The findings, published in the journal Social Work Practice Research, found that after completing the program, student participants experienced “significant” reductions in psychological distress, depression, anxiety, and negative thoughts and feelings. There was also a significant increase in positive thoughts and feelings. The online sessions also showed “robust” improvements in participants’ mood.
