VC Fund Investments
Medical tourism co Hospals raises $3.5 M from IP Ventures, 9Unicorns, others
New Delhi-based Hospals, a cross border healthtech platform, has raised USD 3.5 million in a pre-Serie A round led by Inflection Point Ventures and 9Unicorns. Kunal Shah, Sanjeev Mishra and Razorpay founders along with existing backer Venture Catalysts have also participated in the round. The funds raised will be used to reach USD 900 million in GMV, serving 1.5 million subscribers and patients to get medical & cosmetic treatments across the world. Founded by Danish Ahmed, Obaidullah and Suneel Kapur, Hospals uses its proprietary recommendation engine to find the best surgeons & cosmetic clinics for patients depending on their location, treatment and budget.
From the Venture Intelligence PE-VC Deal Database: In Sep-18, Hospals raised $0.3 M from Spiral Ventures, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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