Zeno Health Closes USD 25M Series C Funding

Zeno Health, a Mumbai, India-based omnichannel platform for generic medicines, closed its USD25m Series C funding.

The round was led by STIC Investments with participation from existing investor Lightbox.

The company intends to use the funds to expand operations and its business reach, and grow its development efforts.

Founded in 2017 by IIT Bombay alumni- Siddharth Gadia and Girish Agarwal, Zeno Health is a generic medicine focussed pharmacy with a widespread presence in Mumbai and Pune with 175+ stores.

The company says it serves more than 25+ lakh customers, generating 550+ Crores in savings and counting.

FinSMEs

04/03/2024