- Health And Fitness Startup HealthifyMe Raises $12 Mn In Series B Funding Bengaluru-based health and fitness startup HealthifyMe has raised $12 Mn in Series B funding round led by Sistema Asia Fund. With this round, Sistema will also join the company’s board. Kirill Kozhevnikov, MD, and Partner, Sistema Asia Fund Advisory said, “We are strong believers in preventive healthcare. Healthifyme team is disrupting this vitally important sector […]
- Fitness Startup MobieFit Raises $1.35 Mn From NB Ventures, MediAssist Mobile fitness startup Mobiefit has raised $1.35 Mn (INR 8.85 Cr) in a Pre-Series A funding round led by NB Ventures and existing investor, MediAssist India. The investment follows the startup’s Seed round of $1 Mn in December 2015. NB Ventures is a Dubai-based venture capital firm with a $50 Mn startup fund. Chief among […]
- Hrithik Roshan The New Face Of CureFit; Picks $15.6 Mn Equity Stake In The Fitness Startup Bengaluru-based health and wellness startup CureFit has reportedly signed on Hrithik Roshan as its brand ambassador. The five-year contract is valued at $15.6 Mn (INR 100 Cr). The partnership, according to sources, is expected to generate $39.2 Mn (INR 250 Cr) in annual revenue within the next few years. In place of cash investment, the […]
- Healthtech Startup Healthintel Services Raises Funding From BLIP Initiatives Healthtech startup Healthintel Services has raised an undisclosed amount of growth capital from BLIP Initiatives. BLIP is an accelerator that provides strategic tie-ups and funding support.It was co-founded by Nitin Gupta and SC Sehgal (promoter of Ozone Ayurvedics). It focusses on startups in the healthtech, beauty, and consumer product space. The initiative’s co-founder Nitin Gupta said, […]
- Sometimes Being Wrong Can Be A Lot Better Than Being Right Being wrong is one of the greatest opportunities you will ever be given to affect change, impact your own life and completely shift gears. Being wrong means that you have the opportunity to reach your next level. The problem is, when that opportunity comes along, we rarely take it. Instead, we try to find a […]
- Practo Lays Off 150 Employees As Part Of Yearly Review, Launches New Brand Identity Bengaluru-based online healthcare platform Practo has reportedly sacked over 150 employees. Currently, the company has about 1,500 employees. The layoffs were done as a part of the annual performance cycle. A company spokesperson said, “Yesterday, 150 of our colleagues left the company to pursue opportunities outside. This is a combination of natural redundancies that emerge […]
- Healthtech Startup For Women Celes Care Raises $1.5 Mn Funding From Endiya Partners, Others Hyderabad-based Celes Care a digital healthcare startup has raised about $1.5 Mn Pre Series A funding from Ventureast, Endiya Partners, Eight Roads Ventures, and F-Prime Capital Partners. Dr. Varaprasad Reddy and other prominent investors also participated in this round. The startup has also launched a virtual health clinic for women today. Founded by Silicon Valley […]
- Entrepreneurs, Use These Pickup Lines To Entice Your VC Investor This Year Entrepreneurs feel a bit nervous when approaching venture capitalists. Everyone dislikes rejections, so always work on your pick up lines creatives till it’s perfected for a sustainable conversation. As per Wikipedia, a pick-up line or chat-up line is a conversation opener with the intent of engaging an unfamiliar person for romance or dating. Overt and […]
- 1mg Enters Super Speciality Consultations With MediAngels’ Acquisition 1mg, Gurugram-based Healthkart’s online drug search business, has acquired MediAngels to strengthen its position in the eHealth space in India. With this move, 1mg will enter the space of super speciality consultations, corporate health services, and insurance partnerships. Talking about the acquisition, Prashant Tandon, CEO 1mg said, “Our consumers can now access a deep network […]
- Wockhardt’s Director Huzaifa Khorakiwala To Launch Angel Fund – Targets $19 Mn For Healthcare Startups Huzaifa Khorakiwala, Executive Director at Wockhardt Limited is all set to launch a healthcare-focussed angel fund named, ‘Health Passion Fund’ that will target to raise $19 Mn (INR 125 Cr) to invest in startups focusing in the healthcare space. As per the company statement, Health Passion Fund will be looking at an investment up to […]
- 5 Hardware Startups That Are Changing The Healthtech Game In India [Note: This article is part of The Junction Series. We will be covering the HealthTech sector in detail at The Junction 2017 in Jaipur. Learn more about The Junction here!] The Indian healthcare market is expected to increase at a compound annual growth rate of 16% to $280 Bn at a CAGR of 22.9% by 2020, according to FICCI-KPMG. […]
- The Hype Over Health Wearables Health wearables seem to have become the next big hot thing in the health care industry. The promise is that if we start collecting health data 24/7 from individuals, we’ll be able to use it in order to get people to remain healthy. Since it seems obvious that prevention is better than cure, everyone seems […]