MediBuddy raises Rs 145 crore funding from India Life Sciences Fund III, others
New Delhi: Health-tech company MediBuddy on Monday said it raised USD 20 million (about Rs 145 crore) earlier this month from India Life Sciences Fund III, LLC and others.
The company had announced an initial funding of USD 20 million in June last year under the series B round, a statement said.
"The additional infusion of USD 20 million led by India Life Sciences Fund III, LLC, with participation from other investors," it added.
Additionally, the company has onboarded leading industry professionals over the last few months to drive critical areas, bolstering an already-strong leadership team, he added.
Last week, InnoVen Capital had announced investing Rs 25 crore in debt fund into MediBuddy. This debt fund is a part of the USD 40 million round, Kannan said.
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