Private Equity

PE Fund Investments

Tele-health platform Truemeds bags $22-M in Series B led by WestBridge Capital

Economic Times  

Mumbai-based tele-health platform Truemeds has raised USD 22 million in its Series B round, led by WestBridge Capital. Existing investors including InfoEdge Ventures, Asha Impact and IAN Fund also participated in the funding round. The firm plans to use the funds to expand coverage. Founded by Akshat Nayyar and Kunal Wani, Truemeds focuses on recommending value alternative brands to chronic patients. Last year, Truemeds raised USD 5 million (INR 36.4 crore) in its Series A round.