PadUp mentee startup Ameliorate Biotech said it has raised Rs 2 Cr as angel investment for their product ASSURED, a device used for rapid detection of malaria, chikungunya and dengue. The funding came from Friends of PadUp, Villgro USA, Vinners, LetsVenture, SINE IIT Bombay, and DERBI. Commenting on the fund-raise, CEO and Co-founder of Ameliorate, Dr Rashbehari Tunga said, “ASSURED will definitely contribute immensely in the nation’s fight against dengue, malaria and chikungunya by providing early detection. The money raised will help us in concluding the clinical trials efficiently and in subsequent commercialisation of the kits.”