MediBuddy has raised $125 million in series C funding for clinical research and learning
- ByStartupStory | February 22, 2022
MediBuddy is a healthcare platform that works digitally and provides its users 24-hour access to doctors through video calls, at-home lab tests, mental health support, medicine delivery, and other integrated healthcare services.
The platform has successfully served the needs of 3cr Indians by providing its unparalleled pan-India of 2,500 pharmacies, 3,000 diagnostic centers,7000 hospitals and 90,000 doctors across the country.
This is the largest funding round in the digital healthcare services space, so far.
With this round of funding, Medibuddy will further invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development.
This healthcare platform works significantly in organizing primary healthcare services, improving the quality and personal comfort of its user. It is expanding across India including Tier 2 and Tier 3 towns and helping millions of its customers stay healthy.
It has raised $125 million in series C funding from Quadria Capital and Lightrock India with participation from existing investors including Bessemer Venture Partners and India Life Sciences Fund III.
The other existing investors are Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital.
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