Company raises funds to expand into local home care market

porteaPHOENIX: An Indian-based home health care company Portea Medical on Sunday said it had raised a tranche in Series-B funding led by Accel. The round also saw participation from marquee investors, including International Finance Corporation, Qualcomm Ventures and Ventureast. After the fund-raise, Arun Mathew from Accel will join Portea’s board of directors.

The investment comes in at a time when Portea is eyeing expansion here…

Full story covered in the Seniors Housing & Healthcare Trends.