Private Equity

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Zeno Health raises $25-M in Series C round

Yourstory   Zeno Health  

Mumbai-headquartered omnichannel medicine delivery platform Zeno Health , which specialises in selling generic medicines has closed USD 25 million in a Series C funding round led by South Korean private equity investor, ?Stic Investment?. Existing investor ?Lightbox? also participated in the round.Zeno Health will use the new capital to expand its footprint and improve its technological infrastructure.With this round, the startup has raised USD 56 million in equity and debt. Zeno Health had last raised USD 12.1 million as part of an extended Series A funding round led by Lightbox, Toy Ventures, Whiteboard Capital, Singularity Ventures, and others. It was valued at USD 90.6 million as of March 2022.