Industry Bulletins | November 25, 2020
VitalTech Raises $3 Million To Grow VitalCare Digital Health Platform
VitalTech, which provides an integrated digital health platform called VitalCare, has raised $3 million from Tech Mahindra in exchange for about a 6% stake in the company. With the new funding, VitalTech intends to expand its go-to-market capabilities by hiring new sales, marketing, and customer support staff.
Tech Mahindra is an India-based information technology and business outsourcing services company. Tech Mahindra also has the option to purchase an additional 8% stake in VitalTech for another $5 million.
VitalTech launched operations at the end of 2018 as a biosensor technology company and has since expanded to development of . . .