Tech Company Financing Transactions
Charac Funding Round
National Pharmacy Association participated in a $1.5 million Seed capital raise for Charac. The round closed on 9/11/2023.
Transaction Overview
Company Name
Announced On
9/11/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$1,490,000
Round
Seed
Investors
National Pharmacy Association (Lead Investor)
Proceeds Purpose
We intend to help significantly improve the health of community pharmacies and enable them to play the larger role expected of them.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
March Studios, Peills Yard Leicestershire
London, England, BR2 9NS
UK
London, England, BR2 9NS
UK
Phone
Undisclosed
Website
Email Address
Overview
Charac derives from 'Charka', the inventor of Ayurveda medicine in India. When we were looking to register a company name, we spent a lot of time carefully researching and looked to the South Asian community for inspiration, given many of the community pharmacies in the UK are run within these communities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Santosh Sahu
Chief Technical Officer
Devaraj Soundararajan
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