Indian home healthcare platform Portea Medical has raised $about $72.5mm 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 26.
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.