India, Feb. 26 -- image credit- shutterstock

M|O|C Cancer Care & Research Centre, India's largest network of community cancer centres, has raised $18 million in funding led by Elevation Capital.

Over the past 7 years M|O|C has successfully treated over 4.5 lakh cancer patients with a highly qualified team of 47 oncologists while scaling operations to 24 centres in Mumbai, Pune, Rest of Maharashtra, Ahmedabad, Indore and Chhattisgarh. Previously, M|O|C had raised $10 million from Tata Capital Healthcare Fund in 2023 to expand their operations and technological capabilities.

India faces a growing cancer burden with 1.5 million new cases annually. However, the cancer care delivery for most patients is woefully inadequate. Current healthca...