Medikabazaar in talks to raise $28 million from Japan's Mitsui and others2 min read . Updated: 28 May 2019, 01:02 AM IST
- The startup, which was founded in 2015 by Vivek Tiwari and Ketan Malkan, sells medical and hospital supplies to over 20,000 hospitals and clinics across 23 cities in India
- The Series B funding will be used in hiring fresh talent, upgrading its technology base, and for expanding locally within more tier-3 and tier-4 cities
Bengaluru: Medikabazaar, an online business-to-business (B2B) platform for medical equipment and supplies, is in talks to raise ₹200 crore from a clutch of venture capital investors in Japan, Belgium and Germany, according to a top company executive.
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