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Exclusive: Healthtech startup Dozee to raise $10 Mn in debt

EntrackrEntrackr · 3m ago
Exclusive: Healthtech startup Dozee to raise $10 Mn in debt
Medial

Healthtech startup Dozee is set to raise $10 million (Rs 86 crore) in debt funding from Stockhausen International Pte Ltd, its second debt infusion in four months after a $7 million investment in March this year. The board at Dozee passed a resolution to offer 7,545 Series B optionally convertible debentures at a face value of Rs 1,14,074 each to raise the aforementioned amount, according to its regulatory filing with the Registrar of Companies (RoC). The proceeds from this funding will be used for business operations, development, and lending to subsidiaries outside India, the filing added. Founded in 2015, Dozee provides remote health monitoring solutions through devices that track heart health, respiration, sleep quality, and stress levels. Dozee’s offerings include Shravan, an AI-powered device for early hearing screening and rehabilitation, and smart mat, a contactless device placed under a mattress to monitor vital signs like heart rate, respiration, stress, and sleep patterns. Dozee is one of the fastest-growing players in Remote Patient Monitoring (RPM) and Early Warning Systems (EWS), and has recently earned the CE Mark under the EU MDR 2017/745, a global benchmark for medical device safety and efficacy. According to startup data intelligence platform TheKredible, the Prime Venture Partners-backed company has raised around $38 million to date, including debt, from investors such as Yournest, 3One4 Capital, and Prime Venture Partners. While the firm is yet to report FY25’s numbers, it reported Rs 5 crore in operating revenue for FY24. The Bengaluru-based company narrowed losses by nearly 20% to Rs 68 crore from Rs 84.4 crore in FY23.

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Exclusive: BharatPe receives $10 Mn debt from Trifecta and InnoVen

EntrackrEntrackr · 1y ago
Exclusive: BharatPe receives $10 Mn debt from Trifecta and InnoVen
Medial

Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures. This is the second debt infusion in the Peak XV and Coatue-backed company in 2024. The board at BharatPe has issued 500 Series E1 debentures at Rs 10,00,000 each and 3,500 Series F1 debentures at Rs 1,00,00 each to raise Rs 85 crore, its regulatory filing with the Registrar of Companies shows. Trifecta Venture debt pumped in Rs 50 crore while Innoven Capital participated with Rs 35 crore, shows filing. As per Entrackr’s sources, BharatPe completed its $100 million debt round early this year. InnoVen Capital was expected to pump in $60-70 million in BharatPe whereas Credit Saison invested the remaining capital in the Delhi-based company’s NBFC arm Trillion Loans. Debt from Innoven could be a part of the above amount. We have reached out to BharatPe to confirm if their investment is new or existing. Sources close to the fintech firm added that BharatPe chose debt as it is close to break-even and didn’t want to dilute equity. BharatPe raised its last equity round in August 2021 when it also checked into the unicorn club. It has raised over $650 million in equity and debt from the likes of Tiger Global, Dragoneer Investment Group, Steadfast Capital, Coatue Management, Ribbit Capital and others. According to TheArch report, BharatPe’s operating revenue increased by 16%, reaching Rs 1,370 crore in FY24, up from Rs 1,029 crore in FY23. The six-year-old company also reported a 70% reduction in losses, bringing them down to Rs 270 crore in the last fiscal year.

Exclusive: Stanza Living to raise $32 Mn from Accel, Motilal Oswal in down round

EntrackrEntrackr · 21d ago
Exclusive: Stanza Living to raise $32 Mn from Accel, Motilal Oswal in down round
Medial

Exclusive: Stanza Living to raise $32 Mn from Accel, Motilal Oswal in down round Managed accommodation provider Stanza Living is all set to raise Rs 282.76 crore (approximately $32 million) in its Series B round led by existing investor Accel with the participation of Motilal Oswal. Earlier in August 2025, Stanza Living raised Rs 60 crore in debt funding from Alteria Capital and Innoven Capital. The debt infusion was exclusively reported by Entrackr. The board at Stanza Living passed a resolution to approve the issue of 5,313 Series E CCPS at an issue price of Rs 5,32,205.8 each to raise the aforementioned amount, its regulatory filing accessed from the Registrar of Companies (RoC) shows. Accel led the round with an investment of Rs 222.78 crore ($25.3 million), while Motilal Oswal is set to join the company’s cap table with Rs 60 crore ($6.8 million). The company has already received funds from Accel, while Motilal Oswal’s investment is expected shortly. According to Entrackr’s estimates, Stanza Living’s valuation has dropped by about 28% to around Rs 2,812 crore ($320 million), compared to its previous valuation of Rs 3,900 crore when it raised $13 million in May last year. Founded in 2017, Stanza Living is a managed accommodation platform that provides hassle-free housing solutions for students and young professionals relocating to new cities. The Delhi-based startup claims to manage over 75,000 beds across 24 cities in India. Prior to this round, Stanza Living has raised more than $240 million through multiple debt and equity rounds from investors including Alpha Wave, Peak XV Partners, Accel, and Z47, according to data from startup intelligence platform TheKredible. The Accel-backed company is yet to file its FY25 financials. In FY24, it reported operating revenue of Rs 584 crore and reduced its losses by 45% to Rs 273 crore during the year.

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