Prantae Solutions Raises Rs 5 Cr in Seed round led by IAN Group

Quick Summary:

The round also saw participation from IAN Alpha Fund and angel investors Samir Kalia, Deepank Kumar, and Nitin Zamre.

The company also aims to establish a strong domestic presence before expanding to international markets, it said in a statement.

India's point-of-care (POC) diagnostics market was valued at $1.41 billion in FY24, and is projected to grow at a CAGR of 8.47%, reaching $2.71 billion by FY32.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Healthcare Health Terms Solutions Group Angel Diagnostic Policy Information Kidney Privacy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 10:51:20 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 292 words

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Sentences: 19 lines

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