The company said it would use the funds to further strengthen its ecosystem and accelerate its market expansion, acquire customers (doctors and patients), build its brand, and create new revenue streams. The startup plans to acquire other players through strategic investments, which will consolidate its position in the category, the release said. Stories“The company has allocated capital and secured additional venture debt to invest in other health-tech startups that can potentially create a thriving healthcare ecosystem through capacity and capability expansion,” it said. , PhableCare is an app-based platform for chronic disease care.