Latest News | MediBuddy Posts Marginal Loss in FY24, Reaches Close to Break-even Point
Get latest articles and stories on Latest News at LatestLY. Digital healthcare platform MediBuddy on Wednesday said it is reaching break-even point as it recorded a marginal loss in FY24.
New Delhi, Apr 17 (PTI) Digital healthcare platform MediBuddy on Wednesday said it is reaching break-even point as it recorded a marginal loss in FY24.
This will further strengthen the company's position as the country's fastest-growing digital healthcare company, it said in a statement.
The platform's focus is now on exploring M&A (merger & acquisition) opportunities in key healthcare areas such as chronic disease management, mental health, diabetes, women's care, and weight management, backed by a USD 18 million capital pool dedicated to these investments, it added.
"By leveraging technology, the platform enhances doctor-patient interactions. This commitment to innovation is fuelling our remarkable growth and expanding healthcare access nationwide," MediBuddy Co-founder and CEO Satish Kannan said.
The platform has a network of over 90,000 doctors and over 7,100 hospitals across the country.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)