Mitsubishi Corporation of Japan has agreed to invest Rs 100 crore in Sastasundar Healthbuddy, a digital healthcare platform with a mission to provide consistent access to affordable healthcare in a convenient manner.
SastaSundar CEO Ravi Kant Sharma said, "the partnership with Mitsubishi Corporation will help us to connect global resources with local care. lt is a milestone in our journey to expand and boost our operations in India."
The investment follows recent investments of Rs 70.49 crore by Rohto Pharmaceuticals of Japan into SastaSundar Ventures Ltd, the company has stated in its filing with the stock exchanges.
BL Mittal, executive chairman of SastaSundar said "the global experience of Mitsubishi Corporation will help us to scale our business."
The digital healthcare firm is supported by a network of independent pharmacies called healthbuddies and has an federal model of online, offline, logistic and data.
The company has also innovated personal healthtech solutions to provide personalised services using technology.