Healthtech startup Truemeds has secured $20 Mn in a Series C funding round led by Peak XV Partners. This funding will help advance its business and growth plans.
Jul 16, 2025•9 days ago
Amount Raised
$20 Million
Round Type
series c
MumbaiConsumer GoodsSoftwareInvestors
Ie Venture Fund Follow On IMmpl TrustKonark TrustWest BridgeAccel IndiaPeak Xv Partners
Description
Mumbai-based healthtech startup Truemeds has raised INR 174 Cr (around $20 Mn) from Peak XV Partners as part of its Series C funding round. This is in addition to a prior INR 375.2 Cr funding led by Accel India. The startup aims to use this capital to bolster its business initiatives and expand further. Truemeds focuses on providing affordable alternatives to prescribed medications through its platform.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech