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MSME

Eruditus raises $40 million in Series C Funding led by Sequoia Capital

Opportunity India Desk Jan 14, 2019 - 1 min read

Mumbai-based Eruditus Learning Solutions Pte Ltd, offering executive learning programmes globally, has raised $40 million in its Series-C funding round led by Sequoia Capital, a global venture capital firm. The round has also seen participation from the company's existing investor Bertelsmann India Investments. The fresh capital will be used by Eruditus to increase its course offerings ...

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NephroPlus plans to raise Rs 150 crore for overseas expansion

Opportunity India Desk Jan 14, 2019 - 1 min read

NephroPlus, running India's largest chain of dialysis centres, is looking to raise about Rs 150 crore to fund its overseas expansion by May 2019. The company plans to launch 20 dialysis centres in the Middle East and South East Asia. So far, NephroPlus has raised Rs 200 crore funding from investors like International Finance Corporation, SeaLink ...

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Edtech startup Digiperform raises $3.6 million from HT Media

Opportunity India Desk Jan 10, 2019 - 1 min read

Delhi-based edtech startup Digiperform, owned by Digital Performance Media Pvt Ltd, has raised $3.6 million in institutional funding round from HT Media. The fresh capital will be used by the company for growth as well as for brand awareness and marketing. Manu Jolly, Co-Founder and Chief Executive of Digiperform, said, "The investment will add momentum ...

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Pune-based In-Med Prognostics raises Rs 50 lakhs from BIRAC

Opportunity India Desk Jan 10, 2019 - 1 min read

In-Med Prognostics, Pune-based startup, has received Biotechnology Ignition Grant of Rs 50 Lakhs for a duration of 18 months from the Biotechnology Industry Research Assistance Council (BIRAC), Government of India. The grant will be deployed towards developing a cloud-based software platform. This platform will label, visualize, and quantify the volumes of brain structures using 3D ...

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Health-tech startup Vantage Health raises $50 mn from Cayman Islands-based IQGEN Holdings

Opportunity India Desk Jan 09, 2019 - 1 min read

Vantage Health, Mumbai-based health-tech startup, has raised $50 million in a funding round led by Cayman Islands-based fund IQGEN Holdings LLC. The fresh capital will be used to support the operations and technology development. Aman Iqbal, Founder of Vantage Health, said, "We are on a mission to automate and standardise primary healthcare followed by secondary healthcare or hospitals." The ...

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ZoloStays raises $30 Mn in Series B funding round to fuel expansion

Opportunity India Desk Jan 07, 2019 - 1 min read

In a bid to fuel its expansion plans, co-living and home rental startup ZoloStays Property Solutions has raised $30 million in a Series-B funding round led by existing investor Nexus Venture Partners. IDFC Alternatives and Mirae Asset have also participated in the Series-B round. The transaction has pushed the valuation of the Bengaluru-based startup over $100 ...

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Vyome Therapeutics raises $22 million in Series D funding led by Iron Pillar

Opportunity India Desk Jan 04, 2019 - 1 min read

Vyome Therapeutics Inc, a specialty pharmaceutical company, has raised $22 million in a Series D round of funding led by Mumbai-based venture growth fund Iron Pillar. The round has also seen participation from existing investors including Perceptive Advisors, Romulus Capital and Kalaari Capital. The fresh capital will be used by Vyome Therapeutics to advance its ...

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NoPaperForms raises Rs 28 crore in Series B funding from Info Edge

Opportunity India Desk Dec 27, 2018 - 1 min read

NoPaperForms Solutions Pvt Ltd, which runs an enrolment management platform for educational institutes, has raised Rs 28 crore in a Series B funding round in an all-cash deal from existing investor Info Edge (India) Ltd, valuing the company at Rs 100 crore. Post this round, Info Edge will increase its stake to 48.1% in NoPaperForms. In ...

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DocPrime plans to invest $15 million in preventive healthcare

Opportunity India Desk Dec 26, 2018 - 1 min read

DocPrime, the healthcare venture of PolicyBazaar, will make an investment of $15 million in preventive healthcare over three years. Started in August 2018, DocPrime offers online consultation and permits users to book appointments with doctors and diagnostic labs through its platform. The healthcare firm claims to innovate using artificial intelligence and machine learning on its platform. ...

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Alteria Capital invests Rs 25 crore in Portea Medical parent

Opportunity India Desk Dec 21, 2018 - 1 min read

Venture debt firm Alteria Capital has invested Rs 25 crore in Bengaluru-based healthcare services venture Healthvista India Pvt Ltd, which provides home healthcare services under the Portea Medical brand. The funds raised will be used by Portea to add new verticals and improve service offerings besides acquiring talent, growing in present geographies and expanding to newer ...

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