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ETtech Deals Digest: Rapido, Medikabazaar, Itilite raise funds : Rashtra News #ETtech #Deals #Digest #Rapido #Medikabazaar #Itilite #raise #funds Bike and auto taxi aggregator Rapido, business-to-business (B2B) medical supply platform Medikabazaar and travel and expense (T&E) management software-as-a-service (Saas) platform Itilite were among the startups that raised funds this week. Swiggy leads $180 million funding

The health-tech company raised $25 million in March 2022, but its workforce shrank from 2000 to 200 in the following months. The company shut operations in February this year.

Phablecare, which raised $25 Mn in March 2022, is on the verge of shutting down, and needs to raise fresh funds or merge with a bigger player

The funds will be used to expand Accumax’s footprint across the globe and make acquisitions in the lab equipment and consumables sectors.

PhableCare raises Rs 187 cr in Series B funding led by Kalaari Capital