NEW YORK (GenomeWeb) – Indian personalized medicine startup Mitra Biotech announced today that it has raised $27.4 million through a Series B financing round.

Participants in the financing included new investors Sequoia India and Sands Capital Ventures, which co-led the round, and RA Capital Management. Also participating were existing investors Accel and Tata Capital Innovations Fund. In conjunction with the Series B round, Sequoia and Sands will become members of Mitra's board.

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