Kalaari Capital leads $24.5M funding round in healthtech startup Phable
Phable has secured over $24 million in a funding round. A new investor, Kalaari Capital, is leading this fresh round of funding. Healthtech startup Phable has secured nearly $24.5 million in a new round of funding Aflac Ventures, SOSV, Omron Ventures, and Stride Ventures were among the other investors in the round led by new investor, Kalaari Capital. Manipal Hospitals, which had led Phable's Series A round, was also a participant in the round. According to regulatory documents, the business is issuing 9097 Series B CCPS in order to raise INR 187 crore from the aforementioned investors. The new round comes over six months after Inc42 announced that Phable had received a $2 million investment from Omron Ventures. Sources said at the time that the business was looking for a Series B round of funding. In February of last year, Manipal Hospitality led a $12 million Series A financing for the firm. That round included current investment SOSV, a US-based early-stage in...