- LifeCell, a healthcare and diagnostic providing services alongside the merger raised $80 million from OrbiMed, a US-based investment firm focusing on healthcare.
- The fund will be invested in insurance technology and other partners of the company.
- Mfine will now become the digital unit of LifeCell, including building a nationwide laboratory network for the company.
- The startup, using its single app to offer digital healthcare services across e-consultations, tele-pharmacy, care services, diagnostics services, ordering medicines, and booking medical experts, had been struggling before the merger including laying off 500 of its employees.
The venture capital investment arm of Bertelsmann SE & Co. KGaA, Bertelsmann India Investments (BII), has raised $500 million to invest in Series A-D tech-driven Indian startups. * The fund is targeted for investments in early-stage deals in India-based startups. * The investment fund focuses on enterprises including agritech, healthtech, edtech, adtech, and
Vamstar, an AI-driven healthtech startup based in UAE has raised $9.5 million in its Series A funding round led by Alpha Intelligence Capital and Dutch Founders Fund. * The fund will be used to support its digital acceleration and product development processes, enhance its exchange platform with AI, improve data
Fitterly, an India-based healthtech startup using its app to offer medical services has raised $12 million in its Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures. * The fund will be invested in growing its tech stack for generating insights and expanding the reach of its