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Venture Capital

Medikabazaar Raises USD 5 Mn In Series A Funding | Business Standard News

by business-standard.com posted 10months ago 38 views
Online aggregator for medical supplies Medikabazaar Monday said it has raised USD 5 million (over Rs 36.5 crore) in Series A round of funding led by healthcare venture capital fund HealthQuad. Other investors in the round include Elan Corporation, Sasaki Foods, CBCCo Ltd, Kois Invest, Mitsui Sumitomo Insurance Venture Capital and existing investors Sunil Kalra, Arun Venkatachalam and Rebright Partners II Investment Partnership, Medikabazaar said in a statement. "We have strategically partnered with HealthQuad to strengthen our foothold in the healthcare industry," Medikabazaar Founder and CEO Vivek Tiwari said.

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