FUNDING GALORE: INDIAN STARTUP FUNDING OF THE WEEK [JULY 15-20]
Milk Mantra
Dairy food company Milk Mantra has raised $10 Mn from US International Development Finance Corporation (DFC). The company plans to use this funding to build its digital financial services platform for its network of farmers to drive financial inclusion.
Crimson Healthcare
Delhi-based health tech startup Crimson Healthcare has raised $223K (INR 1.75 Cr) from Mumbai Angels Network. The company, which has developed an ostomy management device SphinX, plans to use this funding to expand its research, enter new markets, and expand its customer base.
Sai Estate Management and Skills Institute
SAI braided ed-tech venture Sai Estate Management and Skills Institute (SEMSI) has raised an undisclosed amount from Bollywood actor Suniel Shetty. According to media reports, the company is valued at $80 Mn post this round.
Source Credit: Inc42