MSME
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Opportunity India Desk Aug 07, 2019 - 1 min readAscent Health and Wellness, the Mumbai-based offline pharmacy distributor, is in talks to raise $100 million in an equity financing round from Singapore-backed investment major Temasek Holdings. With the fund infusion, the company aims to propel deeper into the pharmaceutical distribution space. The funding round is expected to value the pharma distributor firm at about $650-700 ...
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Opportunity India Desk Aug 02, 2019 - 1 min readUrbanClap Technologies India Pvt Ltd, an on-demand home services marketplace, has raised $75 million in a Series E funding round led by US-based investment firm Tiger Global Management. The round has also seen participation from existing investors Steadview Capital and Vy Capital. The Gurugram-based startup will use the fresh capital to expand its business. Founded in 2014 ...
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Opportunity India Desk Aug 02, 2019 - 1 min readCo-working startup GoHive has raised Rs 2.5 crore in Pre-Series A funding round from undisclosed angel investors to expand its footprint. Currently, the company has seven co-working centres in the National Capital Region with about 2,500 seats. A company statement said, “GoHive has raised Rs 25 million in a pre-Series A round from seasoned angel investors ...
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Opportunity India Desk Aug 01, 2019 - 1 min readNetmeds, the healthcare e-commerce portal, has secured Rs 6.19 crore from its parent entity Tresara Health Pvt Ltd. The Chennai-based company is planning to set up 26 Fulfillment Centers (FCs) across metros and Tier II cities by the year 2020. Pradeep Dadha, Founder & CEO, Netmeds.com, said, “Our goal is to make medicines affordable & accessible to every Indian and to reach even the most outlying ...
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Opportunity India Desk Jul 27, 2019 - 1 min readLeben Care Technologies Pte Ltd, the Singapore-based retinal diagnostic startup, has raised angel funding from Inflection Point (IP) Ventures to fight avoidable blindness. The fresh capital will be used by the company to upgrade its product and sales and marketing team. Founded by Nitin Srivastava, Theenathayalan Parthasarathy and Imran Akthar in 2016, Leben Care offers ...
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Opportunity India Desk Jul 11, 2019 - 1 min readEdTech Startup Board Infinity has secured Rs 2.2 crores in an angel round from a clutch of angel investors. The funds will be used by the startup to improve the technology platform and expand its current learner base in Tier 2-3 cities. Board Infinity was founded by Abhay Gupta and Sumesh Nair in 2017. It ...
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Opportunity India Desk Jul 05, 2019 - 1 min readBiotechnology company String Bio Pvt Ltd has raised an undisclosed amount of funding from a clutch of investors. The round has seen participation from Ankur Capital, Oil and Natural Gas Corporation Limited (ONGC), French investor Seventure Partners, Karnataka’s Information and Biotechnology Venture Fund (KITVEN), and Srinivasa Hatcheries. Impact investor Unitus Capital acted as the exclusive financial adviser ...
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Opportunity India Desk Jul 03, 2019 - 1 min readSirona, makers of feminine hygiene products such as PeeBuddy, Sirona Menstrual Cups and Herbal Period Pain Relief Patches, has secured an undisclosed follow-on investment from Indian Angel Network (IAN). The latest funding round has also seen participation from existing lead investors Vikas Kuthiala & Ishan Singh, along with other strategic & HNI investors. Sirona had last raised Rs 2.96 crore funding ...
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Opportunity India Desk Jul 03, 2019 - 1 min readPropelld, a student education financing platform, has secured Rs 15 crore from early-stage investors Stellaris Venture Partners and India Quotient, among others. The round has also seen participation from existing investor Indian Angel Network Fund, along with other investors including Raghunandan G, Co-Founder of TaxiForSure, and Ramakant Sharma, Co-Founder of Livspace, both of whom participated ...
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Opportunity India Desk Jul 03, 2019 - 1 min readOla Electric Mobility, the electric vehicle arm of the ride-hailing firm, has secured $250 million in a Series B funding round from Masayoshi Son’s SoftBank. The latest funding has made the company a “unicorn”, or a start-up valued at over $1 billion, joining the growing list of unicorns in India including Zomato, Paytm and parent ...