Ratan Tata-backed pharma startup Generic Aadhaar bags funding to offer low-cost generic medicines
Image Credit: the better india
Pharmaceutical startup Generic Aadhaar has secured an undisclosed investment in its ongoing Pre-Series A funding round from Japanese VC company Beyond Next Ventures. Following this round, the startup’s post-money valuation stands at INR 500 Cr. Generic Aadhaar will use the fresh capital to grow its franchisee store count to 3000 across India. The startup will also invest in its digitisation strategy and grow product offerings.