Leading stem cell bank LifeCell International has raised Rs 255 crore in a funding round led by healthcare investment firm OrbiMed Asia Partners IV. The founders of LifeCell also participated in the round, LifeCell International Pvt Ltd said in a statement.
While OrbiMed Asia Partners IV has put in Rs 225 crore, existing partners have put in Rs 30 crore, it added. These funds will help accelerate this agenda and further strengthen the company's market position, LifeCell International MD Mayur Abhaya added.
