Arcatron Mobility has raised growth capital from OrbiMed, a global healthcare-focused investment firm. The funds will be used to increase R&D, develop new products, and improve branding and marketing. Arcatron offers mobility assist devices under its flagship brand "Frido" and offers products across leading e-commerce platforms, its website, and over 1,000 stores across India.
OrbiMed, a global healthcare-focused investment firm along with existing investors BL Taparia Family Office, Chona Family Office, MGA Ventures and founders of Arcatron participated in the funding round