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§ Private Profile · Andheri, Maharashtra, India
Medical device distribution and retail company in India, sourcing medical equipment and consumables via its online platform.
Collateral Medical is a Mumbai, India-based medical device distribution and retailing company that operates a comprehensive online platform for sourcing medical equipment, instruments, and clinical consumables. The organization utilizes a combination of direct mail, field sales, and digital procurement tools to supply healthcare professionals, small and medium-sized hospitals, and retail pharmacies across Tier 2 and Tier 3 cities. Operating with an estimated workforce of 101 to 500 employees, the distributor partners with major original equipment manufacturers including 3M, Abbott, and GE to provide a wide catalog of clinical supplies. The enterprise has historically served over 400 doctors across 28 different Indian states and successfully secured $3.5 million in Series A funding from institutional backers such as Carpediem Capital and Sequoia Capital. Collateral Medical was founded in 2010 by Nikhilesh Tiwari and co-founder Sanjay.
Collateral Medical has raised $3.6M across 1 funding round.
Collateral Medical has raised $3.6M in total across 1 funding round.
Collateral Medical has raised $3.6M in total across 1 funding round.
Collateral Medical's investors include Carpediem Capital.
Collateral Medical has raised $3.6M across 1 funding round. Most recently, it raised $3.6M Series A in May 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 29, 2017 | $3.6M Series A | Carpediem Capital | — | Announced |