Arogga, a local medicine delivery startup in Bangladesh, has secured $5.5 million in seed funding to enhance its healthcare services for over 600,000 users, backed by various domestic and global investors.
Information on the Target
Arogga, known locally as আরোগ্য, is a groundbreaking medicine delivery startup that is making significant strides in the healthcare sector of Bangladesh. Recently, the company has successfully raised $5.5 million in seed funding, marking a pivotal moment in its journey to transform healthcare accessibility in the region. This funding round was led by The Venture Collective, alongside notable global investors such as The Blue Collective, Iterative, Stella Maris Partners, and Ratios Ventures. Additionally, domestic investors IDLC Finance and Startup Bangladesh Limited are supporting Arogga's ambitious growth plans.
Currently, Arogga has built a substantial user base, serving over 600,000 clients, and offers an extensive array of medicines and healthcare products. The company is at the forefront of innovation within the health tech space and is focused on bridging the gaps in healthcare delivery through technology-driven solutions.
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Industry Overview in Bangladesh
The healthcare industry in Bangladesh is undergoing a significant transformation, spurred by advancements in technology and a burgeoning demand for accessible healthcare solutions. With a population exceeding 160 million, the need for efficient and reliable m
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The Venture Collective
invested in
Arogga
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $6M