Health-tech Company Varco Leg Care Secures Rs 2 Crore in Bridge Funding to Enhance Leg Disorder Treatments and Expansion”
Delhi-based health-tech firm Varco Leg Care has successfully raised a bridge funding round of Rs 2 crore, with Neeraj Garg leading the investment, and several other investors participating in the round. The company has strategic plans for these funds, including the acquisition of top talent, expanding its retail presence, enhancing treatment adherence, investing in R&D efforts, and boosting customer retention strategies, as outlined in a press release.
Established in 2022 by Anondeep Ganguly, Varco Leg Care specializes in addressing various leg disorders, such as spider veins, varicose veins, diabetic foot issues, and restless leg syndrome. It employs advanced plant molecule technology, incorporating both topical agents and capsules to maximize the effectiveness of treatments.
Varco Leg Care is actively developing an extensive portfolio of leg care products and aims to solidify its position in the US market through strategic partnerships with prominent online marketplaces. Additionally, it intends to expand into new markets, particularly in the GCC countries.
With a record of serving more than 3 lakh customers, the company has extended its presence to over 1,500 pharmacies across key Indian cities like Mumbai, Bengaluru, and Delhi. Varco Leg Care has achieved a net revenue of over $1 million and has ambitious plans for further growth, targeting a 10x increase in its monthly recurring revenue (MRR).
Varco Leg Care, the health-tech company, has successfully secured an impressive Rs 2 crore in bridge funding. Congrats to the Varco Leg Care team!~ Dr Shishir Gupta founder & CEO of StartupLanes
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