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Dr Niraj Jha, who received training in the emergency care segment, says the
emergency care system is weak across the country. For example, we mostly find junior doctors in the emergency care section, but we need the most senior doctors in place because one doesn’t know what case would come in.
Dr. Niraj Jha and Santosh Singh, Co-founders, Hanuman [Image Credit: Hanuman]
Realising the need to cater to the emergency care segment, Dr Niraj Jha along with his friend Santosh Singh launched Medicvisor Pvt Ltd, better known by its brand name
Hanuman in 2020. The Patna-based last-mile delivery service provider
VC firm Prosus Ventures seeks CCI approval for share purchase in online pharmacy startup PharmEasy
According to CCI filings, Prosus Ventures has sought approval for acquiring shares in API Holdings, the parent company of PharmEasy. This development comes in after media reports revealed that Prosus is looking to invest $200 million in Pharmeasy
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Prosus Ventures (formerly Naspers Ventures) has
sought CCI approval for acquiring an undisclosed number of shares in API Holdings Private Limited, the parent company of online pharmacy startup PharmEasy.
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This development comes in right after media reports claimed that the
pharmacy startup is looking to raise $200 million from Prosus Ventures.
India has about
five lakh cases of Duchenne Muscular Dystrophy (DMD), one of the various forms of muscular dystrophy that affects boys primarily, and causes progressive weakness.
Doing their bit to help find a cure for the rare genetic disease, Bengaluru-based
Hanugen Therapeutics is developing innovative oligonucleotide-based therapeutics to solve the problem. The startup was founded in 2017 by Dr Arun Shastry, Ravdeep Singh Anand, and Manjula Muniraju.
DMD is a severe and fatal muscular dystrophy that primarily impacts boys. While girls are mainly the carriers of the gene mutations, boys suffer from the disease from a very young age. Patients suffering from the disease experience severe muscle weakness that usually begins around the age of four, and worsens quickly. In this disease, exons of the dystrophin gene might be deleted, thereby stopping the protein to work.
Hello new unicorns
While Innovaccer, which was a 2015 YourStory’s Tech30 company, raised undisclosed funding led by Tiger Global at a valuation of $1.3 billion, B2B ecommerce company Infra.Market raised $100 million in a Series C round.
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Only two months into 2021 and the Indian startup ecosystem seems to be on a roll. As we predicted, this year is proving to be very exciting for the Indian startup ecosystem.
After insurtech startup Digit Insurance became the first unicorn of the year, on Thursday, two startups Innovaccer and Infra.Market entered the coveted club.
Healthtech startup Innovaccer, which was a 2015 YourStory’s Tech30 company, raised undisclosed funding led by Tiger Global at a valuation of $1.3 billion.
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Bengaluru-based healthcare robotics startup Comofi Medtech has raised a total of Rs 2.15 crore from IIM Ahmedabad’s incubator, CIIE.CO; JITO Angel Network; and KIIT Technology Business Incubator (KIIT-TBI).
In a statement, the startup said the funds will be deployed for team expansion, product compliance, certification, and working capital needs.
“We are excited with this partnership that will help us increase the hospital network, add strategic depth, and achieve the first few installations in the hospitals, Dr Satish Kalme, CEO and Co-founder of Comofi, said in the statement.
Founded in 2018, Comofi is building a
patented
surgery intervention platform, nGuide, which can help surgeons visualise the target area in great detail. This will help increase surgical efficiency, outcome, and safety of healthcare practitioners.