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Stride Ventures leads Rs 25 crores debt round in MediBuddy

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MediBuddy will utilise the funding to strengthen its technology, operations and marketing to move a step closer to its mission of providing high-quality healthcare to a billion people

Stride Ventures has led a debt round of Rs 25 crores in MediBuddy – a digital healthcare platform that helps its users consult specialist doctors, order medicines and book lab tests from the comfort of their homes. It is also a partner to several corporate customers in the country and helps their employees access multiple healthcare benefits, a statement has said.

MediBuddy will utilise the funding in further strengthening its technology, operations and marketing to move a step closer to its mission of providing high-quality healthcare to a billion people, added the statement.

Speaking about the development, Ishpreet Gandhi, Founder and Managing Partner, Stride Ventures, said, “The need for remote examining and monitoring of patients and contactless technology all over India is more imperative than ever. We are pleased to see how MediBuddy has leveraged technology to scale up rapidly with a clear vision to evolve healthtech in India. We are excited to partner with them in their journey, as they look to enhance their offerings and leverage their market leadership to increase adoption across the country.”

Adding to it, Satish Kannan, Co-founder and CEO, MediBuddy, said, “Telemedicine is growing at a monumental pace in India and the pandemic has only further amplified the importance of going digital. We are excited to have Stride Ventures along on this journey. At MediBuddy, we strive towards making high-quality healthcare accessible to Indians across the length and breadth of the country.”

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