Deepika Padukone-backed Mokobara raises $6.5M in Series A funding round yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Pune-based medical startup Arcatron Mobility raises funds from OrbiMed biospectrumindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biospectrumindia.com Daily Mail and Mail on Sunday newspapers.
Arcatron Mobility has raised growth capital from OrbiMed, a global healthcare-focused investment firm. The funds will be used to increase R&D, develop new products, and improve branding and marketing. Arcatron offers mobility assist devices under its flagship brand "Frido" and offers products across leading e-commerce platforms, its website, and over 1,000 stores across India.
OrbiMed, a global healthcare-focused investment firm along with existing investors BL Taparia Family Office, Chona Family Office, MGA Ventures and founders of Arcatron participated in the funding round
The Chona family, which launched the popular ice-cream brand Havmor and later sold the Ahmedabad-based venture to South Korean conglomerate Lotte for over $150 million six years ..