Indian home healthcare platform Portea Medical has raised $26m in a funding round led by Sabre Partners and MEMG CDC. Demand for home healthcare is growing rapidly in India due to an ageing population and as fewer working-age adults have the time to care for elderly relatives. Portea claims it has served 16 customers in 250,000 cities and the extra funding brings its total raised to about $72.5m.
Indian home healthcare platform Portea Medical has raised $26m in a funding round led by Sabre Partners and MEMG CDC. Demand for home healthcare is growing rapidly in India due to an ageing population and as fewer working-age adults have the time to care for elderly relatives. Portea claims it has served 250,000 customers in 16 cities and the extra funding brings its total raised to about $72.5m.