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Japan’s Mitsubishi Corporation to invest 100-crore in Kolkata based SastaSundar!

30 August, 2019 08:22:29
Home / Japan’s Mitsubishi Corporation to invest 100-crore in Kolkata based SastaSundar!
Japan’s Mitsubishi Corporation to invest 100-crore in Kolkata based SastaSundar!

Mitsubishi Corporation of Japan has signed an agreement 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 is supported by a network of independent pharmacies called Healthbuddies and has an integrated model of online plus offline plus logistic plus data.

SastaSundar has also innovated personal health tech solutions to provide personalised services using technology. Mitsubishi’s investment follows recent investments of Rs 70.49 crore by Rohto Pharmaceuticals of Japan in SastaSundar Ventures Ltd. The global experience of Mitsubishi Corporation will help the company to scale the business. Founder and CEO Ravi Kant Sharma said in an interview: “The partnership with Mitsubishi Corporation will help us to connect global resources with local care. It is a milestone in our journey to expand our operations in India.”

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