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[Funding News] Redcliffe Labs raises USD 42 million in series C funding to strengthen pan-india diagnostic network

  • Redcliffe Labs, an Indian omnichannel diagnostics company, raised USD 42 million in Series C funding.
  • The funding round was led by the Danish Investment Fund for Developing Countries (IFU) with USD 20 million.
  • Redcliffe Labs plans to use the funds to expand its diagnostic network in Tier II and III cities.
  • The company has also added key leadership members and is seeking collaborations and acquisitions for further expansion.

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