BeatO Raises INR 42 Cr Funding From W Health Ventures, PharmEasy
INR 42 Cr round from W Health Ventures and PharmEasy.
Healthtech startup BeatO, which specialises in diabetes-related solutions, has raised INR 42 Cr (roughly $5.8 Mn) in funding led by US-based venture capital firm W Health Ventures. The funding also saw participation from healthtech unicorn PharmEasy, Merisis VP and existing investors Orios VP, Leo Capital and others.
With this new funding, BeatO has raised INR 75 Cr over the last year across its Series A and Pre-Series B rounds. The investment from PharmEasy comes after healthtech unicorn’s acquisition of diagnostics chain Thyrocare.
Founded in 2015 by Yash Sehgal, Abhishek Kumar and Gautam Chopra, the company offers a digital care ecosystem for chronic condition management. Through a mobile app, the startup offers a comprehensive diabetes management and care platform via its glucose-monitoring solutions. It also offers diabetes-specific products such as snacks, specialty food and footwear, besides a marketplace of doctors, educators, diagnostics, medicines refills and insurance products.
Stay in the loop
Occasional notes on early-stage investing, portfolio milestones, and sector insights. No noise.