Clinics On Cloud Secures ₹120 Crore in Series A Round

3 Nov 2026, 12:37 am · 11h ago · 1 min read · Inc42

Amount

₹120 Cr

Stage

Series A

Lead

Model42

Pune-based healthtech startup Clinics On Cloud has raised ₹120 crore ($12.5 million) in a Series A funding round at a ₹600 crore ($63.3 million) valuation. The round was led by Model42, the medtech investment arm of UAE-based Enlightened Minds Investments. Founded in 2018 by Abhay and Manashrri Agarwal, the startup manufactures AI-powered health ATMs, portable box clinics, and mobile medical units for preventive checkups and telemedicine. The startup plans to use the capital to bolster AI capabilities, scale R&D, expand manufacturing, and establish the UAE as a hub for global expansion.