MediBuddy Raises Debt Funding Rs 25 Cr From Stride Ventures

• ByStartupStory     |    June 8, 2021

A Bengaluru-based digital healthcare platform MediBuddy raises debt funding Rs 25 Cr in debt from Stride Ventures. The startup facilitates its users consult specialist doctors, order medicines, and book lab tests from the comfort of their homes. Medibuddy raises debt funding to further strengthen its technology, operations, and marketing to move a step closer to its mission of providing high-quality healthcare to a billion people.

“Telemedicine is growing at a monumental pace in India and the pandemic has only further amplified the importance of going digital. We are excited to have Stride Ventures along on this journey. At MediBuddy, we strive towards making high-quality healthcare accessible to Indians across the length and breadth of the country,” Satish Kannan, Co-founder and CEO, MediBuddy, said, regarding platform MediBuddy raises debt funding.

With a partner network of over 90,000 doctors, 7,000 hospitals, 3,000 diagnostic centres, and 2,500 pharmacies covering 95 percent pin-codes in India, MediBuddy has catered to the healthcare needs of three crore Indians and attends to the needs of over 35,000 Indians daily across the length and breadth of the country.

Ishpreet Gandhi, Founder and Managing Partner, Stride Ventures, said in regard to MediBuddy raises debt funding, “The need for remote examining and monitoring of patients, and contactless technology all over India, is more imperative than ever. We are pleased to see how MediBuddy has leveraged technology to scale up rapidly with a clear vision to evolve health tech in India.”

Follow Startup Story