Digital healthcare platform, MediBuddy said it has raised $ 18 million (around Rs 148 crore) from its existing investors Quadria Capital, Lightrock, and TEAMFund. MediBuddy had raised $ 125 million in a Series C funding round in February last year.

The additional funding puts the platform in a solid position to navigate the current landscape and achieve its ambitious growth targets over the next three years, the digital healthcare platform said in a statement. A large portion of the funds would be channeled into strategic acquisitions and fortifying existing offerings, it added.

"The additional funds will be critical in driving our strategic acquisition initiatives, further expanding our reach, and enhancing the depth and breadth of our services," MediBuddy co-founder and CEO Satish Kannan said in a statement.

MediBuddy provides its users with 24x7 access to specialist doctors via video calls, doorstep medicine delivery, at-home lab tests, mental health support, and other integrated healthcare services. The company offers services to over 35,000 users every day, with having customer base of over 3 crores people in the country. In addition, more than 90,000 doctors across 22 specialties are connected to the platform.