Cipla Invests in iCaltech to Boost Respiratory Portfolio
Summary
Cipla has signed definitive agreements to invest in iCaltech Innovations Private Limited through optionally convertible preference shares. The investment is aimed at strengthening respiratory diagnostics in India and expanding access to innovative diagnostic devices. iCaltech develops and commercializes medical diagnostic equipment with a focus on respiratory care. Cipla said the funding supports its broader strategy to grow its digital, devices, and diagnostics offerings.
Funding
Amount
$579.5K
Total raised
Date
July 21, 2025
Announcement date
Investors
Cipla
Lead investors
Company
https://icaltech.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
Business Intelligence
Data Warehousing
Big Data Analytics
Linked Companies
Helical IT Solutions Pvt Ltd
$5M to $10M