Medway Technologies raises $1.2 million from UK-based Talent Investor Entrepreneur

Medway Technologies Pvt Ltd said it has raised $1.2 million (Rs 8.93 crore) in seed funding from UK-based Talent Investor Entrepreneur First and GrowX Ventures.

The startup will use the fresh capital to expand its product portfolio and meet increasing demand, said Medway in a statement.

Medway was founded by Arun Bhatia and Ravi Chandra in April 2020. The startup’s application programming interface platform helps link the primary healthcare sector to a cashless out patient department (OPD) insurance network.