Healthcare payments company QubeHealth, funded by Unicorn India, contemplates fundraising
QubeHealth Initiates Series A Funding Round for Platform Expansion
QubeHealth, a Mumbai-based healthcare payments startup, has announced the initiation of its Series A funding round. The aim is to expand the user base of its platform, which has already seen partnerships with major companies like Flipkart and leverages the UPI network to enhance healthcare payments in India.
Unicorn India Ventures and CanBank Venture Capital Fund are among the venture capital firms backing QubeHealth in this funding round. However, specific details about the amount raised or the terms of the investment have not been disclosed.
It's worth noting that QubeHealth has not disclosed the amount it has raised in its previous funding rounds. Additionally, no information was given about any strategic moves, partnerships, or acquisitions involving other companies such as Netrasemi, Enlite, LISSUN, Probus, Healthfab, or Agrilectric.
Meanwhile, Netrasemi, Enlite, and others have also secured funding, but the details of these funding rounds remain undisclosed. Interestingly, LISSUN has acquired a US mental health startup, but the identity of the startup remains a secret.
As for the financial performance of these companies, no details were provided in the article. It's also unclear whether QubeHealth has reported profits for the past year or has any immediate plans for international expansion.
On the other hand, Probus, Healthfab, and Agrilectric have bagged early-stage cheques, but the amount and purpose of these investments were not specified.
Unicorn India Ventures, one of the investors in QubeHealth, is nearing the final close for its third fund. QubeHealth, in turn, plans to make strategic moves, but specific details were not disclosed.
It's important to mention that the relationship, if any, between the funding rounds for Netrasemi, Enlite, and others, or the acquisition by LISSUN, and QubeHealth's Series A funding round remains unclear. Furthermore, it's not known whether QubeHealth is considering any strategic partnerships or acquisitions.
Lastly, it's not specified in the article whether any of the companies mentioned, apart from QubeHealth, are headquartered in Mumbai.
