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Karma Primary Healthcare raised $1.3 million in a Series A funding round led by UBS Optimus Foundation to enhance its technological capabilities and expand healthcare services in rural India.

PRIVATEAug 10, 2024

Amount Raised

$1.3 Million

Round Type

Series A

UdaipurHealth CareMedical

Investors

1 CrowdUBS Optimus Foundation

Description

Karma Primary Healthcare has secured Rs11 crore (about $1.3 million) in its Series A funding round from UBS Optimus Foundation and other investors. The capital will be used to enhance technological capabilities and support the development of value-added services for rural patients in India.

Quick answer

Karma Primary Healthcare raised $1.3 Million in a Series A round, dated August 10, 2024. Investors: 1 Crowd and UBS Optimus Foundation. Karma Primary Healthcare is based in Udaipur, Rajasthan, India.

How much did Karma Primary Healthcare raise?
Karma Primary Healthcare raised $1.3 Million in a Series A round on August 10, 2024.
Who invested in Karma Primary Healthcare?
1 Crowd and UBS Optimus Foundation are named as investors in this round.
What does Karma Primary Healthcare do?
Karma Primary Healthcare is a digital healthcare startup founded in 2014 that focuses on providing access to quality primary healthcare across eight states in India.
Where is Karma Primary Healthcare based and how big is it?
Karma Primary Healthcare is based in Udaipur, Rajasthan, India.
Who are the decision-makers at Karma Primary Healthcare?
Fundz holds 1 contact at Karma Primary Healthcare. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Health Care around the same time

Companies in the same sectors as Karma Primary Healthcare that raised within 45 days of this round, from Fundz verified event records.

  • Exakt Health raised $2.2M (Seed) on September 23, 2024.
  • Invizius raised $1.3M (Series B) on September 23, 2024.
  • Sparrow BioAcoustics raised $13M (Seed) on September 20, 2024.
  • Cercle raised $6M (Seed) on September 19, 2024.
  • Novostia raised $5.9M (Series B) on September 17, 2024.
  • Neo Medical raised $68M (Series B) on September 17, 2024.

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Company Information

Company

Karma Primary Healthcare

Location

Udaipur, Rajasthan, India

About

Karma Primary Healthcare is a digital healthcare startup founded in 2014 that focuses on providing access to quality primary healthcare across eight states in India. The company utilizes an assisted telemedicine model to reach rural patients and has seen significant growth in its patient base. It aims to improve healthcare delivery by transitioning to a value-based care model while enhancing its technological capabilities. Karma has positively impacted more than 350,000 lives, with a focus on personalized healthcare solutions.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Karma Primary Healthcare raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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