Fibroheal Woundcare Pvt Ltd reposted this
Fibroheal Woundcare Pvt Ltd, a medical device business based on silk proteins, has secured Rs 6.3 crore in a pre-Series A round led by existing promoters and new investors, including surgeons, medical experts, and bankers. The company has also received an extra Rs 10 crore commitment from existing and new investors. The profits will be utilized to accelerate its go-to-market strategy, hire more personnel, and expand its medical device development pipeline. Fibroheal was founded in 2017 by Vivek Mishra and Bharat Tandon, and its products are used in over 500 hospitals across India and 19 states. The company has also expanded into selling its items on numerous e-commerce platforms.