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Med startup raises Rs 38cr

Med startup raises Rs 38cr
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4baseCare, a precision oncology company focused on building population-relevant clinico-genomic intelligence, has raised an additional Rs 38 crore led by growX ventures and existing investors, as part of its extended Series B funding round. This top-up round has brought 4baseCare’s total Series B raise to Rs 128 crore, says a company statement. Earlier this year, the company had announced a raise of Rs 90 crore in its Series B round, co-led by Ashish Kacholia and Lashit Sanghvi, with participation from existing backer Yali Capital. The company is expanding its hospital-linked genomics laboratory network across India, southeast Asia, Latin America, and central Asia, to improve access to advanced genomic testing and precision cancer care.
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About the AuthorRupali Mukherjee

A business journalist with around two decades of experience tracking key consumer-focussed sectors like consumer durables, retail, consumer goods, aviation, automobiles and advertising, as well as economic ministries of the Union government. Now, writes primarily on pharmaceuticals and healthcare, and on issues of consumer interest. Besides also looks at trends that are shaping consumer behaviour and the broad consumer landscape. \nYou can follow Rupali on Twitter@Rupalijee.

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