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Shadine Taufik · · 1 min read

Flipkart Ventures backs $33m series B round of Indian healthtech firm

BeatO is a mobile-based diabetes care and management app. The startup will use the fresh funding to invest in its product and tech as well as to extend the reach of its care programs. BeatO is headquartered in India.

Funding details

  • Funding amount: US$33,000,000
  • Lead investors: Lightrock India (Aspada)
  • Other investors: HealthQuad, Flipkart, Orios Venture Partners, W Health Ventures, Leo Capital, Blume Ventures
  • Stage: Series B
  • Source

More details

BeatO

The company was founded in 2015 by Abhishek Kumar, Yash Sehgal and Gautam Chopra.

Stage Amount (US$) Investors
Seed $1.3M Blume Ventures, Leo Capital, Rajeev Chitrabhanu, Vishal Sampat
Pre-series A $1.6M Blume Ventures, Orios Venture Partners, Leo Capital
Bridge $5.6M W Health Ventures, PharmEasy, Merisis VP, Orios Venture Partners, Leo Capital
Series B $33M Blume Ventures, Flipkart Ventures, Orios Venture Partners, Leo Capital, W Health Ventures, HealthQuad, Lightrock India (Aspada)
Total $41.5M

See also: An unknown Singapore healthtech firm’s dubious $583m valuation

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Shadine Taufik

Fan of all things AI and art.