Tech Financing In India – A News Aggregator Jumps Ahead

India News2. On May 21, Raw Pressery raised USD 9.55 million in funding from Sequoia Capital,Saama Capital, and DSG Consumer Partners. three. On May 22, Milkbasket raised USD 7 million in a Series A financing round led by Kalaari Capital, along with Unilever Ventures, BeeNext, and Blume Ventures. 4. On May 23, Smartivity Labs secured USD 2 million from Ashish Kacholia. Milkbasket is a subscription-primarily based delivery service that supplies customers with their every day groceries and declan Rice next club odds household products each morning. Smartivity Labs is an edtech startup primarily based on Augmented reality (AR) that designs educational toys, robotics, and other mastering tools for kids. The startup will use the funds to improve its supply chain and last-mile logistics and grow its geographical footprint. The startup plans to use the funds to expand into other South Asian nations. The startup plans to use the funds to expand its attain overseas. The startup will use the funds to add new solutions and into new vertical sectors such as skilling, compliance, and fintech services. Raw Pressery is an organic cold-pressed juice maker that also gives delivery solutions to its consumers in India. five. On May 25, BetterPlace raised USD 3 million in a Series A round of funding from 3one4 Capital. BetterPlace is a job recruitment platform for blue and grey-collar industries.

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Physiotherapy devices marketplace is seeking at decent growth involving 2017 and 2025. And, numerous factors at play right here are functioning towards this propulsion. These are large numbers and holds excellent significance for the marketplace thinking of this demographic sees higher incidence of musculoskeletal and neuro muscular injuries. The geriatric population is hunting at a dizzying pace of ageing with one particular in every single six people today reach the age bracket of 65 or more than. Two of the most prominent components consist of rise in geriatric population and the growing trend of strenuous physical activity for advertising health and wellness. In reality, it is worth noting that whilst in 2015, the number of men and women aged 6o and above was 900 million, by 2050, about two billion men and women will fall in the age group. The competitive landscape of the global physiotherapy device market place is really fragmented and some of the names to reckon with are DJO Global, BTL, EMS Physio Ltd., Patterson Medical Ltd., Dynatronics Corporation, Enraf-Nonius, Ossur, HMS Medicals Systems, and A. Alego Restricted, among other folks.

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