Friday, December 13, 2024

Global Care Secures $3 Million in Series A Funding to Expand Medical Services

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Global Care, a non-hospital medical tourism startup, has successfully raised $3 million in a Series A funding round. The investment was led by 35North India Discovery Fund – II, signaling strong support for the company’s mission to provide high-quality medical care across borders. The startup, officially known as Lavanya Medicare Solutions Pvt Ltd, is poised to use this fresh capital to enhance its clinical services and make healthcare more accessible to patients around the world.

What Global Care Offers

Founded in 2016 by Rajeev Taneja, Global Care focuses on bridging healthcare gaps globally by offering advanced medical services in various specialities. The company operates in several countries, including India, Turkey, Dubai, Egypt, Germany, and Thailand. Unlike traditional hospitals, Global Care acts as a healthcare consultant, helping patients who face challenges in receiving treatment in their home countries. The startup’s goal is to create a global network of clinical services, ensuring that patients have access to the care they need, regardless of their location.

Global Care founded in 2016 by Rajeev Taneja.

Expanding Global Reach

With the recent funding, Global Care is set to expand its services to new regions. The company is particularly interested in extending its reach to Eastern Africa, Francophone Africa, the Middle East, Central Asia, SAARC nations, Southeast Asia, and North Africa. To achieve this, Global Care plans to establish strategic partnerships and build the necessary infrastructure to support patients in these areas. The expansion will enable the company to serve a broader audience, providing them with the medical expertise and care they might not have access to in their home countries.

Strategic Use of Funds

The $3 million raised will be strategically invested in building clinical excellence and facilitating easier access to patient care. Global Care aims to strengthen its role as a healthcare consultant, helping to establish clinical corridors between countries and ensuring that patients can receive timely and effective treatment. By focusing on these key areas, the startup is positioning itself as a leader in the global medical tourism industry, offering a unique solution to the challenges of accessing quality healthcare across borders.

Looking Ahead

Global Care’s ambitious expansion plans reflect its commitment to improving healthcare access on a global scale. By leveraging the new funding, the company is well on its way to creating a comprehensive ecosystem of clinical services that will benefit patients worldwide. As it continues to grow, Global Care is set to make a significant impact in the medical tourism industry, providing innovative solutions to some of the most pressing healthcare challenges.

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