Trilegal, CAM, IndusLaw lead on Portea Medical’s $26 million fund raise

Bar & Bench

Home healthcare service provider Portea Medical has raised series C funding of $26 million led by new investors Sabre Partners and MEMG CDC.

Portea’s existing investors Accel, International Finance Corporation (IFC), and Qualcomm Ventures also participated in this round.

Trilegal advised Sabre Partners and the team was led by Partner Kunal Chandra along with Akshat Shrivastava, Aditi Jain and Tejas Adiga.

Cyril Amarchand Mangaldas acted for MEMG CDC and the team was led by  Partner Akshay Bhat along with Suvojit Halder, Jacob George.

IndusLaw acted for Accel and the team included Partner Kartik Ganapathy, Principal Associate Anindya Ghosh, Senior Associate Aakash Dasgupta and Associates Pavani Nath, Saumya Ramakrishnan and Siddhesh Iyer.

This funding comes nearly two years after raising $37.5 million from Accel Partners, IFC, Qualcomm Ventures and Ventureast. With fresh funding, the health-tech startup is looking to strengthen its platform and expand its reach to more customers, reported ET.

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