In its recent funding round, Dentalkart raised Rs. 85 crore, co-led by Malabar Investment and Whiteoak. Malabar Investment has invested Rs. 65 crores, while Whiteoak has contributed Rs. 20 crore.

DentalKart said that the fresh funds will be allocated towards operational scalability and adding more subsidiaries.

The Delhi-based company aims to create the most dependable and user-friendly e-commerce platform in India, delivering exceptional experiences for both buyers and sellers.

DentalKart provides orthodontic, endodontic, restorative, prosthodontic, disposable, electronics, instruments, and oral surgery services.

DentalKart claims to offer a vast range of over 22,000 products across 700 categories, sourced directly from more than 500 manufacturers. Clove Dental and Smilkes.ai are some of the dental care chains competing with the company. One of the largest rounds was raised by Smile.ai. In January 2022, Alpha Wave and Sequoia Capital invested $23 million into Smiles.ai.

Our efforts to broaden our reach and scale our subsidiaries are fueled by this investment. This fundraising effort is set to reshape the dental landscape in India. With the support of numerous investors, the firm intends to enhance its services, broaden its market reach, and ultimately contribute to a global vision of enhanced dental care, he explained.

The investment round is followed by the preferential allotment of shares that strategically align with Dentalkarts forward-looking bets. The company's long-term goal of delivering value to its stakeholders is reflected in the current round, which is often used for pre-IPO financing.