Olympus Corp was the market leader for endoscopy devices, accounting for around 23% of the global market in 2021.
MedTel aims to raise series A for rapid business expansion, product improvement & conducting relevant clinical validation studies.
The funds will be used to expand digital product offerings, grow their online customer base, and launch their flagship clinic in Bengaluru
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The oversubscribed round was led by New York-based HOF Capital and welcomed new investors including Headline, East Ventures, MS&AD Ventures, DG Daiwa Ventures, Pioneer Fund, as well as existing investor Insignia Ventures Partners
This funding will help the start-up consolidate its position as a one-stop destination for pet parents as they holistically reimagine the entire pet care ecosystem
Everlife leads the series A round, and SPRIM Global Investments participates in the financing syndicate
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