Twin Health raises $140 million
Diabetic-focused healthcare start-up Twin Health has raised $140 million (around Rs 1,000 crore) in Series-C funding from investors like Sequoia Capital India, Iconiq Capital, and Perceptive Advisors, among others.
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Mumbai: Diabetic-focused healthcare start-up Twin Health has raised $140 million (around Rs 1,000 crore) in Series-C funding from investors like Sequoia Capital India, Iconiq Capital, and Perceptive Advisors, among others.
Founded in 2018, the Silicon Valley- and Chennai-headquartered start-up invented the whole-body digital twin technology that helps reverse and prevent chronic metabolic diseases, especially type-2 diabetes, apart from improving energy and physical health, it said.
The proceeds will be used to fund its expansion in India as well as the US, it added.
The Series-C funding round was led by Sequoia Capital India, Iconiq Capital, Perceptive Advisors, Corner Ventures, LTS Investments, and Helena and Sofina, said Twin Health in a statement.