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MedikaBazaar gets INR 25.6 Cr infusion from existing investor Ackermans & van Haaren

Shortpedia

Content Team
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Mumbai-based B2B healthtech marketplace MedikaBazaar has received a fresh cash infusion from Antwerp-based Ackermans & van Haaren (AvH). According to the Ministry of Corporate Affairs filings accessed by Inc42, the company in a meeting on March 4 received the board’s approval to allot 84,984 equity shares at a face value of INR 1 with a premium of INR 3011.38 per share worth INR 25.6 Cr. The company has now received the money in the bank.