VC Fund Investments
Diabetes mgmt platform BeatO raises Rs.27-Cr led by W Health Global
Delhi-NCR based healthtech platform BeatO has raised convertible debt of INR 27 crore from existing investors. The round is led by W Health Global LLC with INR 11.25 crore, followed by Kotak Investments and Sage Hill Investors with INR 5 crore and INR 3.75 crore respectively. W Health Global LLC will hold 13.40% post the issue, while Kotak and Sage Hill, will hold 1.80% and 1.35% each, respectively. BeatO provides a full-stack diabetes management programme that helps the users manage exercising, diet, medicine intake, and diagnosis, and connects them with doctors and diabetes educators for instant real-time guidance. In July last year, BeatO had raised INR 42 crore in its pre-Series B round led by W Health Ventures.
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