Thursday, April 18, 2024
HomeRecent ArticlesArcatron Mobility Secures Undisclosed Funding

Arcatron Mobility Secures Undisclosed Funding

India's Fastest Growing Assisted Living Brand Arcatron Mobility has secured undisclosed growth capital from OrbiMed, which invests globally across the healthcare industry.Other investors included investors including BL Taparia Family Office, Chona Family Office, MGA Ventures, and the founders of Arcatron actively participated in funding round.
Co-founders of Arcatron Mobility (L-R) Ganesh Sonawane and Arif Khan

India’s Fastest Growing Assisted Living Brand Arcatron Mobility has secured undisclosed growth capital from OrbiMed, which invests globally across the healthcare industry.Other investors included investors including BL Taparia Family Office, Chona Family Office, MGA Ventures, and the founders of Arcatron actively participated in funding round.

Read also – Israel-based Vessi Medical Secures $16.5 Mn Series A Funding

OrbiMed seeks to be a capital provider of choice, providing tailored financing solutions and extensive global team resources to help build world-class healthcare companies. OrbiMed’s team of over 100 professionals is based in New Tork.

Read also – solutions by stc and Devoteam Global Group Join Forces Through Signing an MoU

The funding infusion is intended to support branding and marketing campaigns, create new goods, and expedite research and development projects. Arcatron specializes in mobility aid equipment, including wheelchairs designed for people with limited mobility, orthopaedic insoles and ergonomic cushions for improved comfort and pain management, under its main brand, Fridos.

Read also – Param Labs and Animoca Brands Partner to Innovate and Advance Gaming Industry in MENA and beyond

About Arcatron Mobility

Founded in 2015 by Ganesh Sonawane and Arif Khan, Arcatron Mobility mission is to advance global standards of assisted living and make it dignified and safer. Arcatron is building the next generation of devices to enhance lives of people with limited mobility and elderly care needs.

Read also – UAE’s Technology Innovation Institute Launches ‘Falcon Foundation’ to Champion Open-Sourcing of Generative AI Models

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular