November 21, 2024
Startup Updates

Drucare Secures $1.2 Million in Pre-Series A Funding to Drive Global Expansion

In a significant boost to its growth and expansion plans, healthtech startup Drucare has secured $1.2 million in a pre-Series A funding round. 

This capital infusion comes from SATRA Services and Solutions Pvt Ltd, a multi-disciplinary consulting firm based in Hyderabad. The new funding will be instrumental in bolstering Drucare’s marketing efforts, supporting its business expansion, and covering additional operational expenses.

Drucare, established in 2016 by a team of professionals from diverse backgrounds, has swiftly emerged as a key player in the healthtech sector. The company offers a robust suite of solutions and services tailored for various healthcare organizations. Its flagship product, DrucareONE, is an integrated healthcare SaaS platform designed to cater to the IT infrastructure needs of clinics, hospitals, medical schools, laboratories, pharmacies, providers, and patients.

Expressing his enthusiasm for the company’s future, Dr. Rajendra P Vennam, Founder, CEO, and CTO of Drucare, stated, “In the upcoming months, Drucare hopes to grow and increase its footprint both domestically and globally. We also plan to add new services to our current roster of over 40 services for healthcare practitioners across clinics, hospitals, pharmacies, diagnostics, and medical colleges of all sizes.”

The freshly acquired funds will empower Drucare to enhance its market presence and speed up the development of new services. With ambitions to expand its reach within India and explore international markets, Drucare aims to provide advanced healthcare solutions on a global scale.

This funding milestone underscores Drucare’s commitment to revolutionizing the healthcare sector with innovative technology. As the company continues to grow and evolve, it remains dedicated to delivering comprehensive, integrated solutions that meet the diverse needs of healthcare providers and patients alike.