Business Standard

Saturday, January 18, 2025 | 12:23 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Truemeds raises $22mn in series B funding round led by Westbridge Capital

The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country

Truemeds
Premium

At present, Truemeds have presence in Maharashtra and the company is currently fulfilling over 100,000 orders every month and growing rapidly

Shivani Shinde Mumbai
Telehealth Platform Truemeds, closed its series B funding round at $22 million led by private equity fund Westbridge Capital. The new funding round also saw participation from existing investors including InfoEdge Ventures, Asha Impact and IAN Fund. The round witnessed oversubscription from new and existing investors.

The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country. 

Founded by Ex-Abbott executives, Akshat Nayyar and Dr. Kunal Wani, Truemeds has witnessed phenomenal growth in the last 2 years on the back of strong product-market fit and a massive organic demand.

Commenting on the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in