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MFINE FUNDING
MediBuddy raises $18 million in funding from existing investorsThe current funding round is in continuation of the Bengaluru-based startup’s series C fundraise of $125 million in February 2022. The fund...- B Capital-backed startup Mojocare lays off about 170 employeesHealth and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital ...
- ETtech Deals Digest: India gets its 105th unicornBlockchain startup 5ire became the fastest Indian crypto unicorn after closing a $100 million round from the SRAM & MRAM Group at a $1.5 bi...
- Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rateFellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...
- Pay cuts for edtech giant’s top brass; UPI duopoly worries MPsUnacademy will slash the pay packages of its founders and top management, and shut down its global test prep business, its CEO told employe...
- Troubled Mfine merges with Lifecell International, raises $80 millionMfine will remain the app and consumer brand for digital healthcare services like tele-consultations, care plans, diagnostic tests.
- Over 22,000 techies lose jobs in US, more than 12,000 in Indian startupsStartups now say it is much more difficult to raise new funding in this gloomy environment.
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Digital health platform Mfine lays off 500 employeesThe job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.
- Shark Tank featured Growfitter raises $1 million in funding led by Inflection Point VenturesGrowfitter, founded by Sanmati Pande and Harshit Sethy, will use the fresh capital for building technology infrastructure and expanding bus...
- MFine raises $48 million from Moore Strategic Ventures, BEENEXT, othersThe new round of funding will help MFine invest in expanding its hospital, diagnostics and e-pharmacy network across the country and buildi...
- MFine lands $16 million funding led by Heritas CapitalBengaluru-based MFine has benefitted from the adoption of telemedicine amid the pandemic-induced lockdowns in the country.
- MFine sees 210% growth in corporate signups; to partner over 200 firms by year-endMFine said the COVID-19 outbreak has pushed employers to take employee health seriously and many are offering various solutions that go bey...
- Startup founders who scored big exits are rebounding with a second ventureWhile one in 10 investments thrive, investors hope signing up with seasoned entrepreneurs will even the odds.
- mfine raises venture debt from Alteria CapitalIn the next 12 months, mfine intends to bring in India's top 250 hospitals from 10 cities with more than 2500 doctors onto its virtual hosp...
- New fund: Former Myntra, Alibaba execs join forcesMultiply Ventures is banking on the vast industry experience of the trio to become a $50-million fund and invest in promising businesses in...
- mfine appoints Anitha Venkat as a Senior DirectorThe company recently raised $4.2 million in Series A funding from Prime Venture Partners, Stellaris Venture Partners and healthcare entrepr...
- Mfine raises $4.2 million in its series A round led by Prime VenturesThe first round of funding also saw participation from Mayur Abhaya and Rohit MA, healthcare entrepreneurs from Stellaris’ Founder Network.
- Mfine raises $4.2 million from Prime Venture Partners, othersThe company is also working towards expanding to cities like Pune, Delhi-Gurugram, Hyderabad and Chennai this year, taking the number of ho...
- Healthcare IT companies raise $5.5 billion in VC funding in Jan-Sep 2017There were 16 Indian healthcare IT companies that received VC funding in the July-September quarter.
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