[Funding alert] Consumer Healthcare Startup Arcatron Mobility Secures Growth Funding From OrbiMed

OrbiMed invested undisclosed growth funding to consumer healthcare startup Arcatron Mobility. The round was also joined by current backers BL Taparia Family Office, Chona Family Office, MGA Ventures, and the founders of Arcatron.

The money raised will go toward expanding R&D initiatives, creating new goods, and improving marketing and branding, as reported by Entrackr.

Read more – [Funding alert] Social Media Startup Explurger Secures $4.5 Mn Funding Led by Affle

Arcatron is developing the next wave of technology to improve the lives of those requiring senior care and restricted mobility.

The Pune-based company sells its goods on all e-commerce sites, on its website, and in more than 1,000 physical locations nationwide.

About Arcatron Mobility

Arcatron Mobility, founded by Ganesh Sonawane and Arif Khan, provides mobility assistance equipment, such as wheelchairs for people with limited mobility.

Read also – [Funding alert] Fintech Platform Freo Secures Debt Capital From Sidbi