Dentalkart, a marketplace that focuses on dental essentials, recently raised Rs 85 crore in a funding round that was co-led by Whiteoak and Malabar Investment. Malabar Investment has contributed Rs 65 crore, while Whiteoak has contributed Rs 20 crore.
In a press statement, DentalKart stated that the additional funding would be used to expand its operations and add more subsidiaries.
The services provided by DentalKart include orthodontics, endodontics, prosthodontics, restorative dentistry, electronics, instruments, and oral surgery.
The Delhi-based company says it wants to build India’s most reliable and easy-to-use e-commerce platform, offering both buyers and sellers outstanding experiences.
More than 22,000 products in 700 categories are available at DentalKart, which sources them directly from more than 500 manufacturers. A number of dental care chains, including Clove Dental and Smilkes.ai, are competitors of the business. One of the biggest rounds was raised in the space by Smile.ai. Smiles.ai received a $23 million investment in January 2022 from Alpha Wave and Sequoia Capital.
