Digital health startup Remedico raised Rs 4Cr led by AWE Funds
Blackburn Technologies Private Limited, that owns and operates Remedico, a healthtech startup focused on providing mobile telemedicine-based dermatology solutions to Indian Gen-Z and millennial consumers, raised a Rs 4Cr bridge round investment led by AWE (Achieving Women Equity) Funds, with participation from new incoming investors LetsVenture and several angel investors.
Claims to have treated over 35,000 paying customers since its inception, with a success rate of 90%. In 2020, it also launched its line of Remedico brand skin and hair care products. Its end-to-end system provides an option for young consumers, especially those living in Tier-II and Tier-III cities across India who otherwise face a lack of viable options for dermatological and medical treatments, as per the startup.