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Modasta has raised $1.5 million in angel funding

Modasta, the health content portal has raised USD 1.5 million (around Rs 10 crore) in angel funding from a consortium of Mauritius based high net worth investors.

According to a statement, the funds have been allocated for business growth, technology up gradation, talent acquisition and marketing outreach activities.

It said that “Indian health-seekers, who were earlier compelled to peruse international health portals like WebMD and Mayo Clinic, will now have an India centric platform as their first point of reference.”

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