#Asia Indian medtech startup Practo raises US$55M Series D led by Tencent

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The Bangalore-based company has also announced its entry into the health insurance segment

Mr.Shashank.ND.Founder.CEO.Practo-FIN

Practo, a leading healthcare tech company with operations in India, Southeast Asia and Brazil, has just announced US$55 million in Series D round of funding, led by Chinese internet giant Tencent Holdings.

Russian VC fund ru-Net, Japan’s Recruit Holdings,US-based Thrive Capital, along with existing investors Sequoia India, Matrix Partners, Capital G (erstwhile Google Capital), Altimeter Capital, and Belgium’s Sofina have also participated.

The Bangalore-based company has also announced its entry into health insurance.

 

 

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