Debt financing
MediBuddy raises $8.4-M from Alteria, InnoVen
Bengaluru-based healthtech startup Medibuddy has raised USD 8.4 million (about INR 70 crore) in debt funding from existing debt investors, including Innoven Capital and Alteria Capital.Founded in 2015 by Satish Kannan and Enbasekar Dinadayalane, MediBuddy offers doctor video consultations, surgicare consultations, online lab test booking and medicine ordering services. Besides this, the startup also offers insurance solutions with the help of Medi Assist.With the latest fundraise, the startup’s combined equity and debt funding would increase to about USD 218 million. It counts the likes of Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, and TEAMFUND LP among its backers.
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