MediBuddy raises $125 M in Series C funding
February 22, 2022 | Tuesday | News
To further invest in customer awareness and hiring
Image credit: Shutterstock
Bengaluru-based MediBuddy has raised $125 million in Series C funding from Quadria Capital and Lightrock India along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures and Alteria Capital.
With the new round of funding, MediBuddy will further invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development. Avendus Capital was the exclusive financial advisor to MediBuddy on this transaction.
