Medikabazaar gets $75 million funding from Creaegis, CDC Group, others

Medikabazaar, a business-to-business healthtech platform, said it has raised $75 million in a Series C funding round led by Creaegis, along with CDC Group, the UK’s development finance institution, making it the highest fundraising in the B2B healthcare space.

The company will use the funds to strengthen its digital capabilities, deepen the supply ecosystem and technology driven distribution channels, and bolster capacity, it said in a release.

The funding will also help the startup grow its international operations across MENA and Southeast Asia markets.