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Biomedical data startup Elucidata bags $16 Mn to scale SaaS platform Polly

Shortpedia

Content Team
Image Credit: inc42

Delhi-based biomedical data startup Elucidata has raised $16 Mn as part of its Series A funding round led by investment firm Eight Roads Ventures. The round also saw participation from F-Prime Capital, IvyCap Ventures, and Hyperplane Venture Capital. The startup will use the funding to deepen product capabilities in translational drug research and allied markets.