Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Apollo Hospitals acquires cancer treatment player Onco.com
Chennai-headquartered Apollo Hospital has acquired Bengaluru-based Onco.com in a transaction that concluded in December 2024. Moving forward, Onco.com will be built by Apollo as part of its oncology plan.Founded by Rashie Jain and Dr Amit Jotwani in 2016, Onco raised USD 13 million from Accel, Rainmatter Capital and Alteria Capital, among others.
Between Apr 2017 and Jul 2019, Onco.com had attracted about USD 9 M from Accel India, Chiratae Ventures and Dream Incubator.For FY24, Onco.com had reported about INR 2 Cr in Operating Income and about INR 3 Cr in Net Loss.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.