Med-tech co GenWorks Health raises $4-M from BlackSoil

Bengaluru-based med-tech company GenWorks Health Pvt Ltd has raised USD 4 million led by alternative credit platform BlackSoil. The proceeds will be deployed towards expansion, growth of the customer base, as well as to enhance equipment, software, technology, and staffing. Founded by S Ganeshprasad, GenWorks Health helps distribute medical devices and claims to have over 40,000 customers in more than 700 districts across the country.