India, Feb. 14 -- Noida and San Francisco-based healthcare data analytics startup, Innovaccer, has raised $70 Mn in Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge, Mubadala and Microsoft's venture fund M12.

Innovaccer plans to use the latest funds to strengthen its Data Activation Platform. The company believes that this will facilitate improvement in the processes that digitise healthcare for providers, payers and patients. The platform is currently being used to maintain medical records of over 3.8 Mn patients and generate savings of more than $400 Mn for institutions and providers. Innovaccer is targetting 100 Mn patients in its healthcare database, providing access to 500K care team members through...