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Portea Medical of India receives USD26 mn Series C funding

22-Nov-17, ET Healthworld 

Consumer healthcare brand Portea Medical on Tuesday announced Series C funding of USD 26 million led by new investors Sabre Partners and MEMG CDC. Portea's existing investors Accel, International Finance Corporation (IFC) and Qualcomm Ventures also participated in this round.

Portea Medical of India receives USD26 mn Series C funding (c) Portea Medical

Image: Portea Medical

"With this funding round, we will add more depth to our services and consolidate our position as a trusted port-of-call for every healthcare need that an individual and his/her family members may have outside of hospital care," said MD and CEO Meena Ganesh.

Portea operates across four major segments:

  • Primary care
  • Chronic disease management
  • Elder care
  • Post-operative care

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