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Medical Supply firm 'Zoplar' bags $3.4 million Funding from Bloom Ventures

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Blume Ventures led a $3.4 million Series A funding round for Zoplar, a platform that improves the way small and medium-sized hospitals buy medical equipment.

Beenext, Saison Capital, Atrium Angels, Finfirst, and LogX were also involved in the round.

Funding totaling $5.1 million has been raised by the company, with contributions from Panthera Peak, Titan Capital, and Stride Ventures.

According to a press release from Zoplar, the money will be used to build a strong service engineering team and enhance the company's operational capabilities by concentrating on supply chain backward integration.

Amit Sah and Umesh Sharma Co-founded Zoplar in 2022. The company creates a full-stack medical equipment platform and tackles major issues that MSME hospitals encounter, such as the difficulties in finding products at the best price, managing multiple vendor relationships, guaranteeing excellent after-sales care, and obtaining financing options.

Since its launch, Zoplar says it has partnered with about 300 hospitals, including well-known nephrology chains like DCDC, and has seen tremendous growth in the market.

With 40% of its clients returning, the Gurugram-based business highlights the market's need for high-quality medical equipment.