Bangalore-based Modern Family Doctor Raises Funding from Bamboo Finance

Bangalore based primary healthcare provider, Modern Family Doctor has raised investment in a Series B Round from Bamboo Finance and Saama Capital.

The chain that provides affordable primary healthcare has 25 centers across Bangalore and Pune.

Modern Family Doctor will use the round of funding to increase its clinics to 100, said the company. The chain provides diagnostics, medication and consulting services at affordable rates through its centers.

Bamboo Finance invests in startups that develop products that aid low-income communities across emerging countries.

Many startups in the healthcare space have recently received funding. This includes hybrid health services company Evaidya, low cost ophthalmology device startup Forus and OneBreath, a startup that develops low-cost ventilators.

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