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Farmako raised $1.6M in an Angel funding round led by 535 West Capital and others to expand its quick medicine delivery services in Delhi and Gurugram.

Aug 12, 2024over 1 year ago

Amount Raised

$1.6 Million

GurugramMedicalArtificial IntelligenceHealth CareInformation Technology

Investors

Jude GomilaUnpopular VenturesGoodwater CapitalBayhouse Capital535 West Capital

Description

Gurugram-based healthtech startup Farmako has raised $1.6 million from multiple investors, including 535 West Capital and Goodwater Capital. The fresh funding will be used to further expand its operations into Delhi and Gurugram.

Company Information

Company

Farmako

Location

Gurugram, Haryana, India

About

India's fastest medicine delivery in just 30 minutes. We are currently available 24/7 in New Delhi, Gurgaon, and Moradabad.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers