Medikabazaar raises Rs 112 crore to fund expansion
Updated : November 19, 2019 06:27 AM IST
Medikabazaar on Monday said it has raised Rs 112 crore from a clutch of investors from Belgium, Japan and India with an eye on business expansion.
The four-year-old company is targeting for a five times jump in revenues to touch $100 million by the end of the current financial year.
The Series B funding round was led by healthcare—centric VC firm, Health Quad, Belgian group Ackermans and van Haaren, Japanese investors Rebright Partners and Toppan Printing Co.