Private Equity Other Private Equity/Strategic Investments
Online pharmacy Tablt raises $3-M from Siti Cable
Source Inc42 (opens in a new tab)
Tablt (previously known as Sabse Sasta Dukaan), an online pharmacy which deals in medicines and healthcare products, has raised USD 3 million from Siti Cable. The capital will be used by the brand for boosting business development activities, driving growth plans, and upscaling marketing strategies.
The company's existing investors include Vinod Dugar from RDB Group, Raj Patodia from Signum Group, Sunil Singhvi from South Handlooms, Manoj Mehta from MTC Group, Gunavanth Vaid from 4G Capital, Aniket Gore from Ceramet group and Kumar Subramanium, a global banker.
Founded in 2018, Tablt offers same-day medicine delivery in semi-urban & rural areas in West Bengal, Bihar, Jharkhand and Odisha. It aims to record INR 400 crore in revenues in the next 2 years.