20th July 2024- Drucare, a prominent player in India’s health-tech sector, has secured $1.2 million in a pre-Series A funding round led by SATRA Services and Solutions Pvt Ltd, a consulting firm based in Hyderabad. Founded in 2016 by professionals from diverse backgrounds, Drucare has rapidly carved a niche by offering a comprehensive range of solutions tailored to healthcare organizations.
The funding infusion will bolster Drucare’s marketing initiatives, support business expansion efforts, and cover additional operational expenses. The company’s flagship product, DrucareONE, an integrated healthcare SaaS platform, caters to the IT infrastructure needs of clinics, hospitals, medical schools, laboratories, pharmacies, providers, and patients.
Dr. Rajendra P Vennam, Founder, CEO, and CTO of Drucare, expressed confidence in the company’s growth prospects, outlining plans to expand domestically and internationally. He emphasized Drucare’s commitment to enhancing its service portfolio, which currently spans over 40 offerings for healthcare practitioners.
With the new capital at its disposal, Drucare aims to strengthen its market presence in India while exploring opportunities in global markets. The company is focused on delivering advanced healthcare solutions on a broader scale.
The successful funding round underscores Drucare’s strategic vision and readiness to capitalize on the burgeoning health tech landscape, positioning itself for sustained growth and innovation in the healthcare IT sector.
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