Medikabazaar revenue crosses Rs 550 Cr in FY21, inches closer to profitability

Mumbai-based Medikabazaar has made a real impact in the hospital supply space as obvious from its $75 million worth Series C round. It’s also one of the most valued startups in the hospital procurement space as its valuation crossed Rs 1,750 crore [$235 million] during the last fundraise in September.  The interest of investors such as CREAEGIS and CDC Group who co-led the Series C round had come on the back of Medikabazaar’s strong growth in...