Clinics On Cloud raises ₹120 Cr Series A
By Abha Lohia ·
- Clinics On Cloud, a Pune health-tech firm founded in 2018, makes Health ATMs and small clinic units for preventive screening
- It raised ₹120 crore in Series A funding at a ₹600 crore valuation from Dubai-based healthcare platform Model42
- The company has 3,500-plus installations and over 12 million screenings across more than eight countries, and bootstrapped until now
What happened
- The company raised ₹120 crore in Series A.
- Valuation is ₹600 crore.
- Dubai-based Model42 is the investor.
Why it matters
- Funds back a global microclinic network.
- Growth so far was self-funded.
The business
- It started with Health ATMs.
- Products now include Health Lounges, Box Clinics and Mobile Medical Units.
The founders
Who put in money
- Model42 lead — Dubai healthcare investment platform
In numbers
3,500+Installations · 2026
12 million+Health screenings · 2026
Terms in this story
- Bootstrapping: Bootstrapping means growing a startup from your own savings and customer revenue, while raising means selling shares to investors. Bootstrapping keeps control but grows slower; raising buys speed in exchange for ownership and pressure.
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells.
- Valuation: A startup's valuation is the price investors agree the whole company is worth. For young companies it is set by negotiation and comparison, not by a formula.
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