Myntra co-founder’s startup mfine raises $17.2M in Series B funding; to put throttle on medicine delivery

Myntra co-founder’s startup mfine raises $17.2M in Series B funding; to put throttle on medicine delivery
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  • Healthcare startup, mfine on Tuesday announced that it has raised $17.2 million as a part of its Series B funding round led by Japan-based venture capital firm, SBI Investment.
  • Global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners.
  • With this investment, mfine is looking to grow its virtual hospitals network and services across primary care, secondary care and chronic care management.
  • In the next 12 months, the startup aims to bring together India's top 250 hospitals on its platform, from 10 cities, and getting more than 2,500 doctors onto its virtual hospital network.
  • Co-founders of mfine - Prasad Kompalli and Ashutosh LawaniaCo-founder Prasad Kompalli told YourStory, that over the past few months the platform has been piloting medicine delivery services to customers, which acts as an additional monetisation stream for the platform.


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