Business · Companies · 1 hr ago
Clinics On Cloud Raises ₹120 Crore to Expand Health ATMs Globally
Clinics On Cloud has raised ₹120 crore in a Series A funding round, valuing the Pune-based startup at ₹600 crore.
Founded in 2018, it makes health ATMs, portable clinics and mobile medical units that provide checkups and telemedicine consultations.
These services can help hospitals and government agencies set up temporary clinics, including in places with limited access to care.
The company says it has made more than 3,500 deployments in 200 cities in India and seven other countries, and screened over 1.2 crore patients.
The funding will support AI, research and manufacturing, as well as partnerships with healthcare providers and growth of its micro-clinic network.
The UAE will be its base for international expansion, with the company looking at markets in Africa, the US and Southeast Asia.
The move comes as health-tech investment is picking up, and India’s homegrown health-tech market is projected to reach $37 billion by 2030.
Clinics On Cloud raised ₹120 crore, or about $12.5 million, in a Series A round led by Model42.
The Pune-based healthtech startup said it will use the funds to expand its AI capabilities, research and development, manufacturing and global reach.
The company plans to use the UAE as a base for expansion into Africa, the US and Southeast Asia.
Founded in 2018, Clinics On Cloud makes health ATMs, portable clinics and mobile medical units for health screenings and telemedicine.
The funding valued the company at ₹600 crore, or about $63.3 million.
- Who
- Clinics On Cloud, a Pune-based healthtech startup, raised the funding from Model42, the medtech-focused investment arm of Enlightened Minds Investments.
- What
- The company raised ₹120 crore, or about $12.5 million, in a Series A funding round.
- When
- The reports were published on November 2 and 3, 2026. The funding date was not stated.
- Where
- Clinics On Cloud is based in Pune, India. It plans to use the UAE as a base for international expansion.
- Why
- The company plans to bolster AI capabilities, expand research and development and manufacturing, strengthen partnerships, and grow internationally.
This story does not have two clearly opposing sides.
Clinics On Cloud was founded by Abhay and Manashrri Agarwal.
Inc42 reported that Clinics On Cloud had raised ₹120 crore in a Series A round.
Tech in Asia reported that the Indian healthtech startup had raised $12.5 million.
- Funding
- ₹120 crore, or about $12.5 million
- Funding round
- Series A
- Investor
- Model42, the medtech-focused investment arm of Enlightened Minds Investments
- Valuation
- ₹600 crore, or about $63.3 million
- Headquarters
- Pune, India
- Expansion hub
- UAE
3 sources
What people are saying
For eight years, we have built Clinics On Cloud with a simple belief that quality healthcare should never depend on someone’s pincode. This investment gives us the opportunity to take that vision global…