On-demand diagnostic lab Orange Health Labs has secured $12 million in a funding round led by Amazon Smbhav Venture Fund.
Existing investors Accel, General Catalyst, Bertelsmann India Investments, and Y Combinator also participated in the round. The funding will go toward strengthening the company’s workforce, expanding its product line, and promoting more diagnostic innovation, as reported by ET.
Read also – Mental Health Platform GoodLives Raises ₹1.1 Cr Pre-Seed Funding
“Today’s consumers want things available to them at their convenience, and quick commerce is the biggest example of this in the last four or five years. While you could wait 20 minutes for your chips, speed matters more when you’re sick,” cofounder Dhruv Gupta told ET.
Commenting on the investment, Abhijeet Muzumdar, vice president corporate development and head of Amazon Smbhav Venture Fund, said, “Dhruv, Tarun and their team at Orange Health Labs have created a robust diagnostics service and we are excited to back them for the next phase of their growth.”
Read also – BharatPe Launches ‘Shield’ to Protect Online Transactions
Orange Health Labs provides on-demand sample collection at home in 60 minutes and provides test results twice as quickly as the industry standard.
About Orange Health Labs
Founded in 2020 by Dhruv Gupta and Tarun Bhambra, Orange Health Labs is revolutionizing healthcare with its commitment to delivering fast and accurate diagnostic services. As one of India’s leading pathology and blood test labs, Orange Health is designed to make lab testing more convenient, efficient, and reliable.
Read also – Enterpret Secures $20 Mn From Canaan Partners, Others
