Bharat Focussed Online Pharmacy TABLT Raises Funding $3M From Siti Cable
- ByStartupStory | June 30, 2021
Online Pharmacy TABLT raises funding $3M in Series A from Siti Cable, a unit of Siti Network. TABLT raises funding which will be majorly used by the brand for boosting its business development activities, driving its growth plans, and upscaling its marketing strategies so as to have a competitive edge and maintain its leading position in the market.
Anish Agarwal, CEO, TABLT, said,“We are elated to have associated with Siti Group and thank them for believing in our vision. We will be utilising the investment to bolster our expansion plans and improve our business acquisition and development activities so as to ensure that we are always at the forefront of the industry in the markets that we are present in or are planning to foray into.”
Suresh Sethiya, Director, Siti Cable commenting on the investment said, “Bharat market is still untapped as far as online pharmacies are concerned. I believe that TABLT Pharmacy has the potential to grow significantly and occupy a major share in the coming years. The huge market they are present in and their enthusiastic founding team is what attracted us and made us agree to this collaboration. We saw huge potential in them and this nudged us to sign the deal ”.
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