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netmeds

Netmeds receives Rs 6.19 Cr from parent entity

netmeds

Online pharmacy Netmeds has scooped up Rs 6.19 crores fresh funding from its parent entity Tresara Health Pvt Ltd. According to RoC filings with MCA, it has issued 2,36,259 equity shares to the holding entity.

This is the second round of funding for the Chennai-based firm this year. In April this year, it had managed to raise Rs 79.45 crore from the holding entity -Tresara Health. Netmeds also had acquired – Kivi – a clinic management platform in a cash and stock deal this year.

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