MediBuddy Raises USD125M in Series C Funding

MediBuddy

MediBuddy, a Bangalore, India-based end-to-end digital healthcare platform provider, raised USD125M in Series C funding.

The round was led by Quadria Capital and Lightrock India with participation from Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital.

The company intends to use the funds to further invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development.

Led by CEO Satish Kannan, MediBuddy provides users with 24×7 access to specialist doctors via video calls, doorstep medicine delivery, at-home lab tests, mental health support, and other integrated healthcare services.

The platform has already catered to the healthcare needs of over 3 crore Indians.

FinSMEs

25/02/2022