Diabetes care startup BeatO raised $33 million in funds led by Lighrock India where HealthQuad, Flipkart Ventures and existing investors including Blume Ventures and Leo Capital also participated.
BeatO offers accessible diabetes care with a focus on those who lack access to medical professionals. The company announced that it would use the new funding to expand its operations, hire top leadership, purchase hardware and software, and increase sales of its goods to more people across the nation. With more than 200 million Indians at risk for developing diabetes, the startup predicts that India will soon surpass China to become the world’s diabetes capital.
