Gurugram-based Meddo Health has launched its dermatology service named ‘uncover’ in India. The brand claims to make an impact in the skincare and aesthetic dermatology industry in the country with its high-quality, tailored treatments by the best-in-class dermatologists. In an attempt to strengthen the service, the company has claimed to put aside a separate corpus of up to Rs. 25 crore.
According to a statement, Meddo Health is commencing operations from Delhi /NCR and is planning to target both Tier 1 and 2 cities with Uncover. Simultaneously, the company is looking to open its centers in Jaipur, Panipat, Jalandhar and others. It is also projecting to generate over Rs. 200 crore in annualised revenue in the next two years.
The company bagged $6 million in its pre-Series A funding round led by SRI Capital in 2021. It planned to utilise the fund to strengthen its presence across India.
Addressing the latest development, Saurabh Kocchar, the CEO of Meddo Health, "We are thrilled to bring Uncover to the Indian market and offer our customers the best in skincare solutions.”
"Our team of dermatologists and skincare experts have worked hard to develop a range of services and information database that helps the consumer understand their treatment, truly making a difference in the health and appearance of their skin and hair," he added.