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Articles for Finance

Temasek To Invest $85Mn In Molbio Diagnostics

Onboarding Temasek, alongside existing investors such as Motilal Oswal Alternates, will further strengthen and accelerate the company’s ability to develop and commercialize a host of near-care technologies based on clinical need gaps

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Pediatric Behavioral Health Platform Butterfly Learnings Raises $1.5Mn

Butterfly Learnings, a pediatric development and behavior health platform has raised $1.5 million in its seed funding round from Insitor Partners, 9Unicorns, Venture Catalysts, Fondation Botnar and UTIL Stiftung (both foundations represented by Sagana Capital), and CIIE.CO

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Healthians Set To Become Profitable In FY2022-23

Currently the company has a Positive Contribution Margin of 167 crores with a negative EBITDA of 90 CR as compared to 68 crore Positive Contribution Margin and a negative EBITDA of 42 crore in FY 2020-21

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Longevity Science Company Human Edge Raises Over $1.5M Capital

The investment will allow Human Edge to streamline their platform through its first enterprise-wide mobile app experience targeted directly at the white-collar employees. Further, the company will scale up their sales in the international market by targeting global corporations. Ashika Capital was an advisor to Human Edge in this process, the company said in a statement

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Kedaara Capital Invests In Oasis Fertility

With this USD 50 million transaction and a commitment to deploy further capital for strategic acquisitions, Kedaara aims to support and fuel Oasis’ growth towards realising its vision of becoming the most respected and leading fertility chain in India and adjacent markets. The transaction will also provide an exit to InvAscent, who invested in the company in 2016

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HealthAssure Raises Rs 50 Cr In Pre-Series B Round

Y-o-Y. The company has raised INR 22 crore so far, through its previous funding rounds and more recently also acquired fitness start-up FitMeIn

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Mojocare Secures 160 Cr In Series A Funding Led By B Capital & Group Of Investors

The Bengaluru-based company will use the funds to expand its product, content, and care delivery teams, strengthen and diversify its product portfolio, and scale across omnichannel GTMs with a distribution-first approach

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KKR Sells Entire Stake Of 27% In Max Healthcare, Garners Rs 9,290 Cr

Till now the stocks have fallen over 18 per cent overall. KKR had acquired the stake in Max Healthcare in 2018, along with Radiant, at Rs 80 per share

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