Gurugram-Based Healthtech Startup ‘Meddo’ Raises $3M In Its Extended Pre-Series A Round

Meddo Founder: Saurabh Kochhar and Dr Naveen Nishchal
Meddo Funding

Meddo, a Gurugram-based healthtech startup, has raised $3 million in its extended Pre-Series A round led by Picus Capital and SRI capital.

As per the startup, it plans to deploy the fund for expanding Meddo’s footprint across the country and launch MeddoSure membership plan.

Started by Saurabh Kochhar and Dr Naveen Nishchal in 2018, Meddo is a Gurugram-based healthtech startup formed to organise the ambulatory services sector in India.

Talking about the investment, Saurabh Kochhar said,

“There are three key areas where we will be investing in – a) Increasing presence and national footprint – both with more clinics in the NCR region and expansion to other cities, b) Launch of the MeddoSure membership, which is one of a kind omnichannel unlimited care membership plan, and c) Further improving our technology stack to provide seamless quality care and lead integrations with the Bharat Health Stack through NDHM.”

Meddo is working with a vision to transform the way healthcare is provided in our country, starting with out-patient care.

The healthtech startup claims to serve almost six lakh patients and has on-boarded over 350 doctors from various super specialities.

Meddo also claims to have recorded 2.5X growth in its revenues in 2020 as opposed to 2019.

As per the startup, it is currently working towards expanding its services in the top 10 cities within the next 18 months.

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