Healthtech startup Drucare has successfully raised $1.2 million in a pre-Series A funding round. The funding was secured from SATRA Services and Solutions Pvt Ltd, a multi-disciplinary consulting company based in Hyderabad. The capital infusion is set to bolster Drucare’s marketing efforts, business expansion, and cover additional operational expenses.
Drucare, founded in 2016 by professionals from diverse backgrounds, has rapidly become a significant player in the healthtech sector. The company offers a comprehensive suite of solutions and services tailored for various healthcare organizations. Its flagship product, DrucareONE, provides an integrated healthcare SaaS platform designed to meet the IT infrastructure needs of clinics, hospitals, medical schools, laboratories, pharmacies, providers, and patients.
Dr Rajendra P Vennam, Founder, CEO, and CTO of Drucare, expressed his optimism about the company’s growth trajectory. He stated, “In the upcoming months, Drucare hopes to grow up and increase its footprint both domestically and globally in addition to adding new services to its present roster of over 40plus services for healthcare practitioners across Clinics, Hospitals, Pharmacies, Diagnostics, Medical Colleges of all sizes and numbers.”
The newly acquired funds will enable Drucare to enhance its market presence and accelerate the development of new services. The company is poised to expand its reach within India and explore international markets, aiming to provide advanced healthcare solutions on a global scale.
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