MSME

MSME

Healthtech startup mfine raises $17.2 million

Opportunity India Desk Apr 24, 2019 - 1 min read

Mfine, the health-tech AI startup, has raised $17.2 million from Japanese venture capital firm SBI Investment, SBI Ven Capital Pte Ltd and others. BEENEXT, Singapore; Stellaris Venture Partners; and Prime Venture Partners have also participated in the series B round. mfine said in a statement, "As part of its expansion plans, the company plans to onboard over 2,500 doctors from ...

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Online learning platform DoubtNut raises Fresh Round of Funding

Opportunity India Desk Apr 24, 2019 - 2 min read

DoubtNut, a multi-lingual online learning platform, has raised a fresh round of funding led by Surge, an initiative by Sequoia India. The round has also seen participation from existing investors, including WaterBridge Ventures and Omidyar Network India, and new investor, AET, Japan. The fresh capital will be used by the company to deepen and widen ...

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Co-working firm EFC plans to raise Rs 100 crore in FY20

Opportunity India Desk Apr 24, 2019 - 1 min read

Co-working firm Entrepreneur Facilitation Centre (EFC) is planning to raise Rs 100 crore in the financial year 2020. Umeash Sahhaaii, CEO of EFC, said, "The company is under-discussion with several investors and will be closing the round soon." The Pune-based company is further eyeing to launch 10,000 seats in this financial year. Currently, it has a total ...

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MyHealthcare raises $3 million in Series A round from Sixth Sense Ventures

Opportunity India Desk Apr 20, 2019 - 1 min read

MyHealthcare, the digital healthcare platform, has raised $3 million in ongoing Series-A round from Sixth Sense Ventures, a domestic consumer-focused fund. The Bengaluru- and Gurugram-based company will use the fresh capital to expand across Southeast Asia. Shyatto Raha, CEO of MyHealthcare, said, “Our endeavour is to build the digital healthcare delivery protocols in partnership with the ...

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V Resorts raises funding of $10 million to expand its footprint

Opportunity India Desk Apr 09, 2019 - 1 min read

V Resorts has raised $10 million in Series A funding for marking their next phase of growth. The leisure hospitality start-up has more than 150 properties spread across 22 states. With this investment, V Resorts is planning to expand its footprint in India and foray into the new markets across South Asia and the Middle-East. ...

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ThoughtSpot Announces $ 25 mn Investment in India to Accelerate Development of AI and ML platform

Opportunity India Desk Apr 08, 2019 - 2 min read

ThoughtSpot has announced plans to invest $25 million in its engineering center in Bangalore, India. The funds will be used to innovate the company’s industry-leading search and AI-driven analytics platform and continue to recruit talent from top Indian universities. ThoughtSpot will also begin business operations in India to bring augmented analytics to enterprises throughout the ...

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Japanese lingerie brand Wacoal plans to invest Rs 100 crore in 3 years

Opportunity India Desk Mar 19, 2019 - 1 min read

Wacoal, Japanese lingerie brand, is planning to invest Rs 100 crore in India over the next three years. The company is also aiming to generate a revenue of $25 million in the country by 2021. While adding another 80 stores in the shop-in-shop format, Wacoal will be taking the number of its exclusive stores in ...

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Female care brand Nua raises $4 mn funding led by Lightbox Ventures

Opportunity India Desk Mar 14, 2019 - 1 min read

Female care brand Nua has raised $4 million in Series A round of funding led by venture capital firm Lightbox Ventures. The round has also seen participation from existing investor Kae Capital. Mumbai-based Nua is operated by Lagom Labs. It develops products and services that revolved around women’s health and wellness. Currently, the brand makes sanitary pads ...

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Drivezy plans to raise $100 million funding

Opportunity India Desk Mar 13, 2019 - 1 min read

Drivezy, a Bengaluru-based self-drive peer-to-peer car and bike sharing company, is planning to raise about $100 million in equity funding and another $400 million in asset financing. The fundraise is aimed towards expanding international presence. The company is further eyeing to ramp up the number of vehicles listed on its platform, taking the total to about ...

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1MG Technologies looks to raise $70 million

Opportunity India Desk Mar 05, 2019 - 1 min read

1MG Technologies, the digital healthcare platform, is planning to raise around $70 million. One of the investors would be International Finance Corporation (IFC), the private-sector investment arm of the World Bank. IFC said the proposed equity investment will be part of the Gurugram-based company's $70 million fund raise. IMG Technologies has already been backed by ...

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