M&A

M&A

Healthtech startup Phable acquires Type-1 diabetes-focused Fused Training

INC42  

Bengaluru-based healthtech startup Phable has acquired Fused Training, a Type-1 diabetes health management startup. Noida-based Fused Training is focused on the fitness of people living with Type 1 diabetes. Sahil Madan, the founder, is himself a Type-1 diabetic. Phable is a specialised platform for chronic disease care. The disease management app aims to bridge the gap between doctors and patients through a full-stack solution. It currently claims to serve more than 3 million patients with 10,000 plus doctors across India. Phable raised USD 12 million in its Series A round from Manipal Hospitals in February 2021. Earlier this year, it raised USD 24.5 million in a fresh round led by Kalaari Capital.