CosmicTaco

Redcliffe Labs Secures $42 Million in Series C Funding

CosmicTaco · 2024-09-18T10:51:27.231733+05:30

- Redcliffe Labs has raised $42 million in a Series C round led by Denmark's IFU, contributing $20 million. - Existing investor LeapFrog added $15 million, with the rest from HealthQuad and Spark Growth Ventures. - The funds will help expand Redcliffe's presence in tier II and III cities in India, opening more labs and collection centers. - Strategic acquisitions and partnerships are part of Redcliffe's PAN-India expansion plans. - The company has strengthened its leadership with new appointments, including Ankur Shah and Alka Saxena. Source: [Entrackr](https://entrackr.com/2024/09/redcliffe-labs-raises-42-mn-in-series-c-round/)

Redcliffe Labs has raised $42 million in a Series C round led by Denmark's IFU, contributing $20 million.
Existing investor LeapFrog added $15 million, with the rest from HealthQuad and Spark Growth Ventures.
The funds will help expand Redcliffe's presence in tier II and III cities in India, opening more labs and collection centers.
Strategic acquisitions and partnerships are part of Redcliffe's PAN-India expansion plans.
The company has strengthened its leadership with new appointments, including Ankur Shah and Alka Saxena.

Source: Entrackr

8mo ago