MediBuddy has raised $125 million in funds from Quadria Capital and Lightrock India in a Series C funding round. The Bengaluru based online healthcare company refrained from disclosing its valuation in the Series C funding, various media sources have said.
MediBuddy provides 24x7 access to specialist doctors via video, doorstep medicine delivery, at-home lab tests, mental health support and a range of other services.
With this additional funding, the company is planning to further invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development.
"With the latest round of funding, we will capitalise on strengthening our network of healthcare service providers and our team while launching new services on the platform,” said Satish Kannan, co-founder and chief executive officer of MediBuddy.
It will be interesting to see what innovations MediBuddy is planning to bring about to make discovering, accessing, utilising and monitoring healthcare seamless, real-time and virtually paperless.
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