Announced

Completed

Lighthouse India Fund led a $65m funding round in Medikabazaar.

Synopsis

Lighthouse India Fund, an investment firm, led a $65m funding round in Medikabazaar, a delivery system and 26 strategically placed fulfilment centers across India, with participation from Creaegis, HealthQuad, Ackermans & van Haaren, British International Investment and KOIS Holdings. "Revenue momentum continues to be very high and with the start of new international operations in the MENA region in this quarter, the top line growth is looking robust for FY23 which would help us hit the unicorn valuation mark in the Series D round which we hope to conclude by end of ‘22," Vivek Tiwari, Medikabazaar Founder and CEO.

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