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Deals in brief: East Ventures invests in Mesh Bio, MoneyHero Group completes SPAC merger, multiple China and India deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific. ....

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Vegan Wellness brand Fitspire raises undisclosed pre-Series A funding, ET Retail

The funding round also attracted investors such as Ivor Braganza from Next5 Ventures Oman, Dheeraj Jain from Redcliffe London, and existing investors Amit Singhal , Fitspire also previously got invested by Rajesh Sud ( MD Financial services Bharti Enterprises) , Simmar Pal Singh, CEO, Cofco International, and Jay Ukani, Director at Ban Labs. ....

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Vegan Wellness brand Fitspire raises undisclosed pre-series A funding

Fitspire, a vegan health-wellness brand, has raised an undisclosed amount in a pre-Series A funding round led by investors such as LC Nueva, Sukhbir Singh, and the family office of Jaipurias. The Delhi-based nutrition start-up, which focuses on contemporary lifestyle concerns, aims to enhance market presence, expand its product range and introduce additional products with the new funding. ....

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India Digest: Stable Money, Go Zero, Fitspire raise funding

Stable Money has raised $5 million in a seed round, while Go Zero and Fitspire have secured pre-Series A funding. ....

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[Weekly funding roundup] VCs infuse over $800M into Indian startups in January; last week sees $31M in startup

Union Budget 2021, which will be presented on February 1. And, the Indian startups hope
Finance Minister Nirmala Sitharaman will provide the necessary boost to the third-largest startup ecosystem.
Key deals
Makers Hive, a Hyderabad-based startup that has developed and built a bionic arm, raised $9 million from Starfish Growth Partners and Investpad.
Reckitt Benckiser led a Rs 45 crore funding round into Bombay Shaving Company. The HNIs who were part of this include Rajesh Sud, Anjali Bansal, and Kuldeep Jain.
Other transactions
Saveo Healthtech, a B2B ecommerce platform for pharmacies, raised $4 million in seed funding co-led by Matrix Partners India and RTP Global, with participation from Incubate Fund and India Quotient. ....

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