The home healthcare specialist has taken its overall funding to $35m with a Mahindra and Mahindra-led series B round that will support expansion.
Mahindra Partners, the venture capital and private equity arm of conglomerate Mahindra and Mahindra, has led a $21m series B round for India-based home care provider Medwell Ventures, the Economic Times reported yesterday.
The round also featured Eight Roads Ventures and F-Prime Capital Partners, both of which operate as subsidiaries of financial services group Fidelity.
Founded in 2014, Medwell built its business on Nightingales Home Health Services, a home healthcare service it acquired the same year. Its offering has since…
