Leapfrog investments, Financial services company

New Delhi, May 6 Leading omnichannel diagnostics platform Redcliffe Lifetech on Friday said it has raised $61 million led by LeapFrog Investments, and will expand its reach into tier 2, 3 and 4 cities across the country.The new funds will also be utilised to scale its platform and increase its product offerings to radiology, disease data profiling and lifestyle management, the company said in a statement."Preventative medicine is the future of health in India. This investment will help us scale rapidly to achieve our goal to reach 500 million Ind within the next five years," said Dheeraj Jain, Founder of Redcliffe Lifetech.The latest funding round saw participation from Healthquad, Schroders, LC Nueva, Growth Spark Ventures and existing investors Chiratae Ventures and Alkemi Venture Partners."Redcliffe is an exemplar of LeapFrog's focus on digital-led and asset-light business models that enable access to essential healthcare services to emerging consumers," said Biju Mohandas, Partner and Global Co-Leader for Health Investments at LeapFrog Investments.Redcliffe delivers diagnostics services in its network of22 labs across 14 cities, several of which are already NABL accredited.Its omni-channel infrastructure combines innovative online channels with a fleet of 400 phlebotomists operating in more than 100 cities with home sample collection and an off-line network of 500 collection centres.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Leapfrog InvestmentsFOLLOW

Leapfrog investments, Latest News

Business :Mastertrust: Women Mastering Finances The Trusted Way

New Delhi, 19th August 2022: Along with ‘Azadi Ka Amrit Mahotsav’, this Independence Day is a celebration of the ... ...

Business :mastertrust: Women Mastering Finances The Trusted Way

August 18:Along with ‘Azadi Ka Amrit Mahotsav’, this Independence Day is a celebration of the Indian Investment Landscape and ... ...

Technology :Omnichannel diagnostics platform Redcliffe Lifetech raises $61 mn

New Delhi, May 6 Leading omnichannel diagnostics platform Redcliffe Lifetech on Friday said it has raised $61 million ... ...