Healthcare Start-Up LifCare Raises $11 million
LifCare which is a Healthcare start-up has raised $11 million in its Series B led by Saif Partners & Nexus Venture Partners. Till now the startup has delivered only medicines meant for chronic illnesses to customers who take these medicines on a regular basis, with its infused capital, it will now look to expand further in Northern and central states of the country.
The company now aims to become a one-stop place for chronic patients and raise awareness regarding the necessity of taking medicines to stay fit.
LifCare was launched in September 2015 by Killa, a former associate at Bain Capital, Rohit Mohta, a former executive of pharma company Cipla and Deepesh, a former executive of Wipro Ltd. The company currently employs around 500 people and will look to expand the team further...