M&A

M&A

Tata 1mg-backed digital diagnostic platform 5C Network acquires healthtech startup Krayen

INC42  

Tata 1mg-backed Bengaluru-based digital diagnostic platform 5C Network has acquired India and US-based healthtech company Krayen. The acquisition is expected to help 5C Network to expand its offerings in the field of digital diagnostics. Krayen will also provide more advanced diagnostic solutions to healthcare providers and patients. The development comes a few months after 5C Network secured USD 4.6 million in a Series A funding round led by VC firm Celesta Capital.