MediSage raised $7M in funding round of institutional fundraise

MediSage

MediSage has raised $7 million (Rs 53 crore) in its first funding round of institutional funding round. The round was led by Bessemer Venture Partners, along with seasoned healthcare investors including The Carlyle Group, Invascent Advisory Services, Citadel Management Consulting, Clean Sciences and Technology.

MediaSage is planning to utilize the funds to expand its team and strengthen its product.

MediaSage was founded by healthcare industry veterans, Bhagwat Dhingra, Abhishek Ghosh and Anurag Dhingra in the year 2019. MediSage is a knowledge community that interlinks the healthcare ecosystem of doctors, nurses, patient cases to pharmaceutical, and many diagnostics companies.

EXECUTIVE OPINION:

Bhagwat Dhingra, MD and Co-founder, MediSage, said, “Medical information is changing rapidly driven by changing disease patterns, newer diagnostic tools and new research on drugs. With MediSage, we have built a digital highway where such information can be exchanged seamlessly empowering doctors to deliver better patient outcomes. Our aim is to reach the last mile doctor and drive evidence-based practice.”

“MediSage has witnessed 4x growth in doctors accessing the platform. These doctors are spending, on an average, 22 minutes consuming content across 15 different speciality areas — this is a clear indication that the platform works,“ said Vishal Gupta, Managing Director, Bessemer Venture Partners. “We are excited to partner with MediSage on their goal to help bring the best care possible to all patients by becoming the go-to digital channel where doctors can access credible medical information and connect with peers.”

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MediSage raised $7M in funding round of institutional fundraise

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