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Announced

Quadria Capital and Lightrock led a $125m Series C round in MediBuddy.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

India

Friendly

Venture Capital

digital health platform

Acquisition

Minority

Digital Services

Completed

Private Equity

Cross Border

Private

Synopsis

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Quadria Capital and Lightrock led a $125m Series C round in MediBuddy, a digital healthcare platform, with participation from Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO, TEAMFund, FinSight Ventures, InnoVen Capital, Stride Ventures and Alteria Capital. With the new round of funding, Medibuddy will further invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development, said the company in a press release.

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