In February 2022, MediBuddy raised $125 million during the Series C funding
MediBuddy has secured additional funding of $18 million, reaffirming support from the existing investors Quadria Capital, Lightrock, and TEAMFund.
In February 2022, MediBuddy raised $125 million during the Series C funding. The recent additional funding will help MediBuddy to navigate the current landscape and achieve its growth targets over the next three years. A formidable portion of these funds will be channelled into strategic acquisitions.
Satish Kannan, Co-Founder and CEO, MediBuddy said, “Our continued partnership with all our investors has been instrumental in MediBuddy’s growth and is helping us solve India’s healthcare needs. MediBuddy’s growth trajectory has consistently achieved a Compound Annual Growth Rate (CAGR) of 95.5 per cent over the past three years. The additional funds will be critical in driving our strategic acquisition initiatives, further expanding our reach, and enhancing the depth and breadth of our services. At MediBuddy, our constant endeavour has been to make high quality healthcare accessible to a billion people. This move further solidifies our stance as a market leader in the digital healthcare landscape.”