Funding
Medibuddy eyes $130 million in pre-IPO
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Health-tech firm Medibuddy is looking to raise $130 million in a pre-IPO round, said people familiar with the matter. It has engaged Avendus Capital as an adviser for the fundraise.
Medibuddy was founded by IIT Madras alumni Satish Kannan and Enbasekar Dinadayalane.
Its shareholders include a Liechtenstein royal family fund and Quadria Capital, among others. The fund raise has attracted prominent Indian and global private equity firms, as per those familiar with the matter. The health tech firm matches patients with doctors, hospitals and diagnostic…
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