Truemeds closes $85 Mn Series C round led by Accel and PeakXV

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Mumbai-based e-pharmacy and telehealth platform Truemeds has closed its $85 million Series C funding led by Accel and Peak XV Partners. The round was completed in two tranches. WestBridge Capital and Info Edge Ventures also participated.

Entrackr had exclusively reported the Series C round last month. 

According to the company, it will use the funds to open more fulfillment centers in non-metro areas, expand its engineering and product teams, and set up a new office in Bengaluru….



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Truemeds closes $85 Mn Series C round led by Accel and PeakXV


Mumbai-based e-pharmacy and telehealth platform Truemeds has closed its $85 million Series C funding led by Accel and Peak XV Partners. The round was completed in two tranches. WestBridge Capital and Info Edge Ventures also participated.

Entrackr had exclusively reported the Series C round last month. 

According to the company, it will use the funds to open more fulfillment centers in non-metro areas, expand its engineering and product teams, and set up a new office in Bengaluru….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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