Friday, April 26

New Delhi Based Organisation Looking to Raise $50 Million Funding

New Delhi based Home Healthcare organization Critical Care Unified (CCU), planning to raise $50-60 million in the next few months to expand its market, as the company said in its press release.

The healthcare startup is planning to expand its footprint into 10 metro cities of India & in 4 middle east countries.

The home healthcare service provider recently launched its operation in Mumbai, where the home healthcare startup will provide all solutions at a patient’s doorstep, including ICU care services, discharge management, stabilization of patients at home, testing and calibration of the ventilator to name a few.

Since inception, CCU has achieved profitability on a monthly basis, with a turnover of Rs. 2.60 crores in 2017. With in excess of 15 percent revenue growth in each quarter, the company is gearing up to cross revenues of Rs. 5 crores in 2018.

As per the recent survey, the healthcare market to hit $372 billion till 2022. The current market size is USD 110 billion and will see a compounded annual growth rate (CAGR) of 22 percent.