Startups

Delhi-based MedTrail raises ₹6.37 cr from LetsVenture, others

MedTrail, a healthtech startup, based out of Delhi, has secured ₹6.37 crore in funding led by Strive, cited yourstory. While, the other investors in the round includes LetsVentureKB 1 Capital India Private Limited, Miten Harish Sampat (Vice President, Corporate Development at Times Internet), Jamil Khatri (Partner at KPMG), and Dubai-based family fund Diverse Middle East FZE.

According to the sources, Strive invested ₹2.2 crore alone via second fund AT-II Investment. Whereas, LetsVenture and KB 1 Capital India have infused ₹1.59 crore and ₹1.5 crore, respectively.

The startup will use the funds to increase its reach among the patients by onboarding more doctors and healthcare service providers on the platform.

MedTrail, based out of Delhi, was founded by Mohit Mittal and Nikhil Agarwal in 2017. The company provides a platform to doctors and healthcare service providers to collaborate with patients to solve healthcare problems using technology.

Besides, some of the significant healthtech startups includes mfine, Practo, CureFit, NetMeds, 1mg, Healthkart, CallHealth and many more.

Also read: Alteria Capital infuses ₹31 cr as venture debt in healthtech startup mfine

Suviral Shukla

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