B2B animal health firm Elmed Life Sciences raises $2.7 M from Nabventures

Hyderabad-based Elmed Life Sciences has raised USD 2.7 million from the Nabventures managed Agrisure Fund.Founded in 2018 by Pruthivin Reddy Madduri and Nikhil Konkathi, Elmed Life Sciences is a business-to-business (B2B) firm, serving multinational clients such as Aurobindo and Apex Laboratories. The company develops and manufactures probiotic and biological solutions for animal health, aquaculture, agriculture, and human health.The fresh capital will be used to expand its production capabilities, strengthen its microbiome-based research and development, and expand distribution across key markets.