Healthtech startup Medfin has raised $15Mn in its Series B round from a group of marquee investors including Arka Nxt, HealthXCapital (Singapore), Blume Ventures, Axilor Ventures, Sony and Kotak Investments.
The startup had previously raised $4 million in funding.
With these funds, Medfin plans to aggressively expand to over 25 cities across the country and it will invest in technology and quality framework to ensure better consumer experience and faster recoveries.
Founded in 2017 by Arjun Kumar, Arun Kumar, and Sidharth Gurjar, Medfin offers patients access to the latest surgical treatment procedures at affordable prices in the most hassle-free manner. It offers surgeries across departments from ophthalmology to orthopedics.
The Bengaluru-based startup currently operates in some of the major cities and offers over 250 day care surgical procedures. It also claims to have completed over 5000 surgeries and is on track to surpass 100,000 surgeries by 2024.