Truemeds raises $5M in Series A round

What's the news?

Truemeds, a Mumbai-based healthtech startup, raised $5 Mn in a Series A funding round from existing investor InfoEdge Ventures, Asha Impact and Indian Angel Network Fund. The firm will use the funds to develop fulfilment centres in three new cities — apart from Mumbai, build technology, and automate their supply chains, according to a press note shared by the firm.

More to know

Truemeds has created a web-based platform and app, which lets people suffering from chronic illnesses including diabetes and hypertension find medicines of alternate brands. A patient needs to upload their prescription, get on a free consultation call with the platform’s doctor and the medicine is delivered to their doorstep. 

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