Portea Secures $37.5 mn In Series B Funding Led By Accel

Company Name : Portea
Funding Amount : $37.5mn
Investor(s) Accel, International Finance Corporation (IFC), a member of the World Bank Group, Qualcomm Ventures. Ventureast
Funding Round : Series B

Portea currently operates across 24 cities and handles 60,000 visits in a month to patients’ homes. The company will utilise the funding to grow in other markets elsewhere in the region, including Malaysia.

Post funding, Arun Mathew from Accel will join Portea’s board.

Portea earlier received $9 million Series A funding from Accel, Qualcomm Ventures and Ventureast in December 2013.

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