Fundly.ai raises $4 million for pharma distribution, Inc42 reports
Accel and Multiply co-led the pre-Series A round, Inc42 reports. The startup is building infrastructure connecting commerce, payments and credit for pharma retailers and distributors.
TLDR
Fundly.ai raised $4 million in pre-Series A funding and secured another $900,000 in venture debt, taking its total funding beyond $7 million, Inc42 reports. The publisher says the startup plans to expand beyond its Pune pilot, which covers around 3,000 retailers, and deepen its presence across existing markets.
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