M&A
Digital healthcare platform MediBuddy buys Indian health biz of US co Aetna
MediBuddy, a Bengaluru-based VC-backed digital healthcare platform, has bought US-based Aetna Inc's vHealth by Aetna business platform (operating under Indian Health Organization Pvt Ltd) in India. vHealth by Aetna operates in the business-to-business (B2B) healthcare space offering subscription-based primary healthcare services like telehealth consultations, an extensive outpatient network, pharmacy, diagnostics, and dental services to customers. Over the next six months, the vHealth by Aetna business will be rebranded as ‘MediBuddy vHealth'. With this acquisition, Medibuddy will be able to expand its existing subscriber base to over 30 million users. MediBuddy recently concluded its merger with DocsApp. The company raised USD 125 million in Series C funding in 2022.
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