Mfine, A Bangalore-based On-demand Healthcare Platform, Raises $48m Series C Co-led By Moore Strategic Ventures And Beenext, Sources Say At A $450m+ Valuation


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We just lately participated in @MFineCare’s #SeriesC funding spherical of $48M. Excited to help their journey in turning into one of the largest virtual hospitals in the world. It seeks to develop new care delivery merchandise for acute and persistent disease patients. In the approaching months, the corporate is also looking to convey monetary solutions for customers together with insurance partners, as a part of its product offerings. Growing at 15% month-on-month, MFine at present has over three million customers and claims to be clocking over 300,000 monthly transactions. In early 2021, MFine raised$16 million in fundingled by Heritas Capital and in addition launched an app-based SPO2 monitoring device, enabling users to maintain track of their oxygen saturation levels while not having an additional device.

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Also provides time period loans to academic establishments for needs corresponding to development, renovation, upgrading facilities, gear, machinery, computers, labs, and so forth. Heritas first led the pre-Series C round in January 2021 given the company’s strong commercial traction and influence going scavenger finish kitchen renovation by enhancing entry to healthcare in instances of the pandemic. The CB Insights tech market intelligence platform analyzes tens of millions of information factors on distributors, merchandise, partnerships, and patents to help your group discover their subsequent technology resolution.

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