Health care start-up HealthCare atHOME (HCAH) has raised $40 million in fresh funding from private equity investor Quadria Capital as competition in the home health care segment in India heats up.
HCAH offers services such as ICU care, cancer care, post-surgical care, nursing as well as physiotherapy, medicine delivery and diagnostic services at a customer's home. The company goes up against Accel-backed Portea and Vishal Bali's Nightingales.
It also provides pharma companies with a platform to distribute and administer drugs and collect data for analytics from patients. HCAH plans to utilise the funds to grow its presence across 25 cities in India