Funding updates

MediBuddy raises $40 million

MediBuddy, a digital healthcare platform said on tuesday that it has raised $40 million led by India Life Sciences Fund III, LLC, along with participation from other investors.

In June 2020 when company announced its merger with the online doctor consultation startup DocsApp, MediBuddy had raised $20 million, as part of its ongoing Series B round. The company said that moving forward both companies will be operating under a single brand name – MediBuddy.

These funds will utilize to further strengthen its doctor and hospital base, patient reach, technology, product and brand. In the coming months, company also looks to hire key talent to its leadership team through this fund.

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