MediBuddy, a Bengaluru-based digital healthcare platform, has raised $125 million in a Series C funding round led by Quadria Capital and Lightrock India. Existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital also chipped in.
The startup, in a statement, said it plans to use the fresh capital to ramp up hiring, strengthening technology platforms, including data science capabilities, clinical research, and product development.
Avendus Capital was the exclusive financial advisor to MediBuddy on this transaction.
