MSME

MSME

Skilling platform Caymus Technology gets funding from angel investors

Opportunity India Desk Jul 02, 2019 - 1 min read

Skilling platform Caymus Technology Ventures (Caymus) has raised Rs 1.2 crore in an angel round from a clutch of angel investors from India and the US. The fresh capital will help the Mumbai-based company to fuel growth and make significant investments to its core AI-based technology and product stack. The round has also seen participation from ...

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Health tech startup raises venture debt to enter metro cities

Opportunity India Desk Jul 02, 2019 - 1 min read

Health tech startup mfine has raised Rs 31 crore of venture debt from Alteria Capital. With this, the Bengaluru-based company intends to enter into Delhi NCR, Mumbai, Chennai and Kolkata. The new funds will allow the startup to expand its scope of operations. mfine permits patients get access to quality healthcare remotely with the help of a smartphone. The company ...

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Healthtech platform 1mg raises $70 million in Series D funding round

Opportunity India Desk Jun 28, 2019 - 2 min read

Healthtech platform 1mg has raised $70 million in Series D funding round. The round has been led by IFC (the investment arm of the World Bank) and Corisol Holdings, a European family office and the largest shareholder in Zur Rose/ DocMorris (Europe’s largest e-pharmacy). A consortium of venture capital funds from South Korea, led by Redwood Global, Korea Omega Healthcare ...

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Healthtech startup Practo Raises Rs 120 Crore From Trifecta Capital, Internal Investors

Opportunity India Desk Jun 25, 2019 - 1 min read

Practo has raised Rs 120 crore from Trifecta Capital and other internal investors. The Bengaluru-based healthtech platform had floated an offer of Rs 70 crore debt from Trifecta. The first half of the capital has come in June, while the second half will come if the company raises at least $30 million funding in the ongoing round. ...

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IAN invests Rs 3.5 crore in edtech startup ConceptOwl

Opportunity India Desk Jun 25, 2019 - 2 min read

IAN, the single largest horizontal seed stage platform in India, has made an investment of Rs 3.5 crore in edtech startup ConceptOwl. The fresh capital will be utilized by the Trivandrum-based start-up to enhance and diversify its offerings, as well as to bolster its sales and marketing operations. The funding round has been led by prominent ...

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Celebrity-driven beauty & wellness company Scentials raises Rs 25 crore funding

Opportunity India Desk Jun 24, 2019 - 1 min read

Scentials, the celebrity-led beauty company, has raised Rs 25 crore in Series A funding led by Unilever Ventures. Co-Founded by Jinesh Mehta and Mahesh Bhupathi, Scentials introduced Virat Kohli’s one8 brand in the fragrance category in January this year and followed with the launch of a line of Skincare “Arias” with Lara Dutta. Jinesh Mehta ...

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OYO Hotels plans to invest $300 million to increase presence in the US

Opportunity India Desk Jun 20, 2019 - 1 min read

OYO Hotels & Homes, one of the world's fastest growing hospitality companies, is planning to make an investment of $300 million over the next few years to grow its presence in the United States. Currently, the company is managing more than 50 hotels in over 35 cities in the US, including Dallas, Houston, Augusta, Atlanta, ...

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Healthcare startup GenWorks raises Rs 65 crore

Opportunity India Desk Jun 20, 2019 - 1 min read

GenWorks has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake. GenWorks is a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare. It has been set up primarily to take GE’s healthcare solutions beyond the metros to various tier-2 and 3 locations. The company ...

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Brinton Pharmaceuticals raises $8 million in Series B funding round

Opportunity India Desk Jun 18, 2019 - 1 min read

Brinton Pharmaceuticals Limited has raised $8 million in Series B funding round from India Alternatives Investment Advisors Ltd. Brinton is focused on dermatology. Recently, it has expanded into the paediatric dermatology and respiratory segments. Rahulkumar Darda, Chairman & Managing Director, Brinton Pharmaceuticals, said, “We are excited to partner with an investor of the calibre of India Alternatives and strongly believe ...

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Major Brands eyes investing Rs 260 crore to expand its network

Opportunity India Desk Jun 15, 2019 - 1 min read

Major Brands (India), the Indian franchisee for several international lifestyle products, will invest around Rs 260 crore over the next four years to expand its retail network and for setting up a warehouse in South India. With the launch of its outlets in malls in major cities, the company will also foray into Tier II cities. ...

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