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Blume backed Zoplar shuts shop in B2B healthcare exit
short by / on Monday, 5 May, 2025
Blume Ventures-backed Zoplar shut its operations in February, just a month after it raised $3.4 mn in its Series A funding. The startup is now returning the capital raised in its Series A round to its investors. Zoplar decided to shutter its operations after Central Drugs Standard Control Organisation, earlier this year, said that imports of refurbished medical devices aren't allowed in country.
read more at Inc42