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Generic Aadhaar raised an undisclosed investment in Pre-Series A from Beyond Next Ventures

Pharmaceutical startup Generic Aadhaar raised an undisclosed investment in its ongoing Pre-Series A from Japanese VC company Beyond Next Ventures.

Generic Aadhaar sells generic medicines through a network of franchisees. It also provides franchise owners with billing and inventory management software. The new funds will be used to expand the startup’s franchisee store count to 3000 across India. The startup will also expand its product offerings and invest in its digitisation strategy. According to the startup, it has diluted nearly 10% of its stake in the current funding round.

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