5C Network raises Rs 25.5 cr from Redwood India Healthcare Fund

5C Network raises Rs 25.5 cr from Redwood India Healthcare Fund

Medical diagnostics platform 5C Network has secured Rs 25.5 crore from Redwood India Healthcare Fund, marking its first investment of the year. The Bengaluru-based company issues 2,72,241 CCSPS at Rs 936.67 each, as per regulatory filings, after a 17-month gap since its last funding round. 5C Network, founded in 2016, focuses on enabling radiology image storage, creation, and analysis nationwide.