post-add

Zoplar Raises $3.4 Mn Series A Funding To Transform Medical Equipment Access For MSME Hospitals

This latest investment brings Zoplar’s total funding to USD 5.1 million, with previous contributions from Titan Capital, Stride Ventures, and Panthera Peak

Zoplar, a platform simplifying medical equipment procurement for small and medium-sized hospitals in India, has raised USD 3.4 million in a Series A funding round led by Blume Ventures. The funding round also included investments from Beenext, Saison Capital, Atrium Angels, Finfirst, and LogX.

This latest investment brings Zoplar’s total funding to USD 5.1 million, with previous contributions from Titan Capital, Stride Ventures, and Panthera Peak. The newly raised funds will support the company in streamlining supply chain operations through backward integration and building a service engineering team to provide superior after-sales support.

Zoplar addresses critical challenges faced by MSME hospitals, such as identifying cost-efficient medical equipment, managing multiple vendor relationships, and securing financing solutions. By creating a comprehensive platform, Zoplar aims to revolutionise the MedTech buying experience for smaller healthcare facilities across India.

Zoplar’s journey began with co-founders Amit Sah and Umesh Sharma, who identified significant gaps in the medical equipment procurement process through extensive research. Leveraging their experience, including previous collaboration at OYO, the duo established Zoplar to deliver a seamless and reliable solution for healthcare providers.

"We are thrilled to have the trust and support of our investors," said Amit Sah and Umesh Sharma. “This investment validates our mission to make quality healthcare accessible through affordable and reliable medical technologies. It inspires us to enhance our offerings and empower healthcare providers to deliver uninterrupted care, ” they added.

Sajith Pai, VC at Blume Ventures, expressed, “We invested in Zoplar because we believe in their vision and their commitment to improving medical equipment procurement and after-sales services. Their work aligns with our focus on supporting ventures that drive meaningful societal change.”

Anirudh Garg, Partner at Beenext, added, “Zoplar’s innovative approach to addressing critical challenges in medical equipment procurement presents a compelling investment opportunity. Their deep understanding of the healthcare landscape positions them to significantly enhance healthcare delivery in India, and we are proud to support them on this transformative journey.”

Also Read

Subscribe to our newsletter to get updates on our latest news