Ackermans & van Haaren and MSIVC have returned to back the medical supplies marketplace’s latest round, which reportedly valued it at above $235m post-money.

MedikaBazaar, the India-based operator of a medical equipment e-commerce platform, has raised $75m in a series C round featuring conglomerate Ackermans & van Haaren and insurer Mitsui Sumitomo, Entrackr reported on Wednesday.

Development finance institution CDC Group and private equity fund manager Creaegis co-led the round, which was also backed by CIF, HealthQuad Fund, Kois Holdings (also known as Koisinvest), Rebright Partners and private investors including Sunil Kalra and Arun Venkatchalam.

Mitsui Sumitomo Insurance was represented in the round by…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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