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Fintech firms face IPO challenges

Fintech firms face IPO challenges Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We ll soon meet in your inbox. / Morning Dispatch Three Indian fintech firms have IPOs coming up soon, but face unique challenges related to their revenue models, foreign ownership, and increased scrutiny from regulators. Will they be able to replicate Zomato’s success? Also in this letter: MyGlamm bag Rs 355 crore Zomato’s IPO success will inspire many Paytm, Mobikwik, Policybazaar look to raise Rs 28,000 crore At least three fintech startups are set to launch initial public offerings (IPOs) in the next five months. Paytm, Mobikwik, Policybazaar are likely to raise up to Rs 28,000 crore ($3.7 billion) from the offerings.

Veera Health raises $3mn in funding led by Surge, Global Founders Capital

Veera Health, a digital health platform for women, raised $3 million in a funding round co-led by Sequoia Capital India’s Surge and Global Founders Capital. The funding round also saw participation from Y Combinator, CloudNine Hospitals’ co-founder Rohit MA, and Tinder India Head Taru Kapoor. Angel investors, participating in the round, included Benjamin Bryant, Ethan Perlstein, Holly Liu, Utsav Somani and Walter Chen. Veera Health is also backed by global tech accelerator Y Combinator. The company’s first product is a digital therapeutics platform that helps women identify and navigate PCOS, with a comprehensive offering of medical care, nutrition therapy, lifestyle coaching and doctor support.

A Wharton MBA grad and a former GSK exec s healthcare startup raises $3 million to reach more PCOS patients

A Wharton MBA grad and a former GSK exec’s healthcare startup raises $3 million to reach more PCOS patients Sriram Iyer © Veera Health A Wharton MBA grad and a former GSK exec’s healthcare startup raises $3 million to reach more PCOS patients The Mumbai-based startup was founded in August last year. Now, the startup claims to have over 10,000 customers and has fresh funds to the tune of $3 million from marquee investors. Shashwata has an MBA from Wharton and studied data science at Yale University. Shobhita has spent several years working with leading healthcare companies including GlaxoSmithKline.In August 2020, sisters Shobhita and Shashwata Narain founded Veera Health to provide “medical care, nutrition therapy, lifestyle coaching and doctor support” for women who suffer from polycystic ovary syndrome (PCOS) ⁠ a hormonal disorder among women of reproductive age.

Byju s can t stop, won t stop

Byju s can t stop, won t stop
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