MSME

MSME

BeiGene raises $903 mn in HK's first secondary listing under new rules

Opportunity India Desk Aug 02, 2018 - 1 min read

China based Nasdaq-listed biotech firm BeiGene Ltd has raised $903 million after pricing its secondary listing in Hong Kong the first under new exchange rules near the top of an indicative range, three people close to the deal said on Thursday. The listing was revealed Hong Kong has been into the gaining the international firms ...

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Flinto raises Rs.60 mn to drive expansion

Opportunity India Desk Aug 01, 2018 - 1 min read

Educational start-up Flinto Learning Solutions Private Limited, aimed at activity-based learning for kids, has bagged Rs. 60 million from venture debt firm, InnoVen Capital and specialty lending firm. Flinto is planning to expand its domestic presence, as well as venture into international markets such as Southeast Asia and the Middle East. InnoVen Capital, is directing ...

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Health-tech startup HealthSignz raises $5 mn from Nirvana Health's founder

Opportunity India Desk Aug 01, 2018 - 1 min read

In a round led by Kantilal Patel, founder of New Zealand-based Nirvana Health Group, and other anonymous investors have invested $5 million (Rs 34.3 crore) in Hyderabad-based startup HealthSignz Technologies Pvt. Ltd, the company said in a press release. The company will channelize funds to upscale its technology platform. The products and services offered by ...

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Health-tech startup MyHealthcare raises $2 mn Series A fund

Opportunity India Desk Aug 01, 2018 - 1 min read

In a round led by investment firm Hunch Ventures, digital integrated healthcare technology platform MyHealthcare, which is operated by Gurugram-based InnoCirc Ventures Pvt. Ltd, has raised $2 million (Rs 13.7 crore) Series A fund. The round was also participated by angel investor Ajay Nanavati, non-executive chairman at state-run Syndicate Bank and a former managing director ...

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Fintech startup Healthfin gets backing from Axilor, Sprout Venture

Opportunity India Desk Aug 01, 2018 - 1 min read

Plus Worth Solutions Pvt. Ltd operated patient financing startup Healthfin has bagged an undisclosed amount in pre-Series A round from Axilor, Sprout Venture Partners and a few individual investors, the startup said in a statement. This is the health platform’s first round of funding. The funds will be used for hiring and technological upgrades, it ...

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Health-tech startup HealthPlix raises $3 mn from IDG, Kalaari in Series A

Opportunity India Desk Jul 31, 2018 - 1 min read

Artificial intelligence-based medical records platform HealthPlix Technologies Pvt. Ltd, has raised $3 million (around Rs 20.7 crore) in a Series A funding round from venture capital firms IDG Ventures India and Kalaari Capital, a company statement said. The Bengaluru-based startup will utilize the funds to boosts its technology and expansion of its human resources and ...

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Ed-tech firm Educational Initiatives bags $25 mn from Gaja Capital

Opportunity India Desk Jul 31, 2018 - 1 min read

PE Firm Gaja Capital, a major investor in the lower end of the middle market, has funded $25 million (Rs 171 crore) in Ahmedabad-based ed-tech firm Educational Initiatives Pvt. Ltd, a press statement from the company said. Gaja Capital had been in advanced talks to invest in the company, which uses machine learning and artificial ...

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Byju's plans to raise up to $250 mn from SoftBank, others

Opportunity India Desk Jul 30, 2018 - 3 min read

Education technology platform Byju’s is in talks with SoftBank and other investors to raise $200-250 million to fund its global expansion plans, said sources familiar with the matter. The talks are in early stages, and the deal is yet to be finalised, they said. “Byju’s is holding talks to raise about $200-250 million from SoftBank ...

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Cure.fit raises $120 mn in IDG Ventures led Series-C round

Opportunity India Desk Jul 30, 2018 - 2 min read

Health and fitness start-up Cure.fit has raised $120 million in its series C round of funding led by IDG Ventures, Accel Partners and Kalaari Capital with participation from Chiratae Ventures and Oaktree Capital. The round saw participation from Accel's Growth fund and the new funds of Chiratae. Existing investor UC-RNT did not participate. This brings ...

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Mastercard aims to extend Indian network with Rs 16.25 bn investment

Opportunity India Desk Jul 27, 2018 - 1 min read

Global payments network Mastercard plans to invest around Rs 16.25 billion in India by 2019 to boost digital payments in the country. The company said it was on track to invest Rs 65 billion between 2014 and 2019, and had already invested 75 per cent of the amount. Mastercard recently opened a technology centre in ...

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