VC Fund Investments
Healthtech co. Fibroheal Woundcare raises Rs.6.3 Cr
Bengaluru-based Fibroheal Woundcare has raised INR 6.3 crore in a pre-Series A funding round from existing and new investors, including doctors and bankers. The company has also received an additional commitment of another INR 10 crore from them.The proceeds will be used to scale up its go-to-market strategy, recruit talent and invest in its product pipeline in the medical devices segment.Founded in 2017 by Vivek Mishra and Bharat Tandon, Fibroheal claims that its products are being used in more than 500 hospitals across 19 states. The company also sells its products on e-commerce platforms.
Between Dec 2018 and Nov 2022, FibroHeal had raised about USD 3 M from KITVEN, Telama Investments Family Office and others.
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