Medikabazaar looks to raise $50mn as it charts a growth-led turnaround

Medikabazaar plans to raise ₹450 crore from existing and new investors as it looks to expand after a whistleblower-led governance scandal a little more than two years ago. The company claims it has turned Ebitda positive and is targeting ₹3,000 crore revenue by FY27.

Medikabazaar looks to raise $50mn as it charts a growth-led turnaround
Medikabazaar plans to raise ₹450 crore from existing and new investors as it looks to expand after a whistleblower-led governance scandal a little more than two years ago. The company claims it has turned Ebitda positive and is targeting ₹3,000 crore revenue by FY27.

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