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Hospital-based optical retail chain Optimizers raises seed funding for expansion

IndianStartupNews

IndianStartupNews · 1y ago

Hospital-based optical retail chain Optimizers raises seed funding for expansion

Optimizers, a hospital-based optical retail chain, has secured seed funding from Finvolve and other investors including Brew Opportunities Fund and Recyclean Infotech Private Limited. The funding will be used for expanding its presence in key regions in India, enhancing its training academy, improving ERP systems, and acquiring necessary inventories. Optimizers partners with corporate hospitals and institutes to provide quality eyewear and customized services, with a focus on addressing curable blindness and early myopia. The company aims to make a widespread impact and bridge the gap in eyecare accessibility in India.

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Electrifi Mobility, Optimizers raise early-stage funding

VCCircle

VCCircle · 1y ago

Electrifi Mobility, Optimizers raise early-stage funding

Electrifi Mobility, an electric vehicle (EV) leasing and management platform, has secured $3 million in seed funding from ADB Ventures and AdvantEdge Founders. The company aims to expand its presence nationwide and deploy over Rs 500 crore in commercial EV assets in the next three years. In another development, optical retail chain Optimizers has secured seed funding led by Finvolve to expand its footprints in key markets and improve its services. Optimizers focuses on delivering quality eyewear and customized services to consumers in Tier I, II, and III cities.

Lightrock, 360 One-backed Kauvery Hospital weighs public listing

VCCircle

VCCircle · 6m ago

Lightrock, 360 One-backed Kauvery Hospital weighs public listing

Kauvery Hospital, a multi-specialty chain in Tamil Nadu, is contemplating an initial public offering (IPO). Backed by private equity investors including 360 One Asset Management, Stakeboat Capital, and Lightrock, the hospital chain is preparing for this financial step. Operated by Sri Kavery Medical Care (Trichy) Pvt Ltd, the potential IPO aims to support their growth and expansion plans. This strategic move seeks to leverage public markets for additional funding and visibility.

Value retailer SuperK raises Rs 100 crore co-led by Binny Bansal, Mithun Sacheti; cricketer Shubman Gill joins as investor - The Economic Times

Economic Times

Economic Times · 17d ago

Value retailer SuperK raises Rs 100 crore co-led by Binny Bansal, Mithun Sacheti; cricketer Shubman Gill joins as investor - The Economic Times

SuperK, an Andhra Pradesh-based budget retail chain, raised Rs 100 crore in a Series B funding round, co-led by Binny Bansal’s 3STATE Ventures and Mithun Sacheti. Indian cricketer Shubman Gill also invested, alongside existing backers. SuperK, founded in 2020, operates 130 franchisee-led stores in 80 towns, focusing on affordable groceries and household essentials. The funding will enhance hiring and expansion, targeting India’s vast yet under-served grocery retail market, predominantly in Tier-II and smaller cities.

ChrysCap-backed Centre For Sight strikes another acquisition in bid to expand

VCCircle

VCCircle · 11m ago

ChrysCap-backed Centre For Sight strikes another acquisition in bid to expand

Centre For Sight, a leading ophthalmology chain backed by Chrys Capital, has acquired a majority stake in a Mumbai-based hospital chain as part of its expansion strategy. The company recently raised $100 million and aims to grow its presence in the healthcare sector. This acquisition marks another step towards its goal.

Temasek-controlled Manipal Health leads race for regional hospital chain

VCCircle

VCCircle · 5m ago

Temasek-controlled Manipal Health leads race for regional hospital chain

Manipal Hospitals, controlled by Temasek, is leading the race to invest in a Maharashtra-based hospital chain. Manipal Hospitals, operated by Manipal Health Enterprises Pvt Ltd and led by Ranjan Pai, is in talks to acquire a significant stake in the regional chain. This move indicates Manipal Health's strategic expansion in the healthcare sector, leveraging Temasek's support to strengthen its presence and further enhance its market position in India’s hospital industry.

Fantail Raises ₹13.75 Cr in Seed Round to Revolutionize Surat’s MMF Ecosystem for Fashion Retail

StartupTalky

StartupTalky · 1m ago

Fantail Raises ₹13.75 Cr in Seed Round to Revolutionize Surat’s MMF Ecosystem for Fashion Retail

Fantail, a B2B man-made textile company in Surat, India, raised ₹13.75 crore in a seed funding round led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. Founded by Ramya Iyer, Fantail aims to modernize Surat’s $40 billion man-made fibers ecosystem for organized fashion retail. The funding will enhance processes, machinery, technology, and talent acquisition. Fantail integrates the supply chain from yarn to garment, benefiting SMEs and building a scalable, reliable, future-ready supply chain.

Speciality coffee company Abcoffee raises $2 million in funding from Tanglin Venture Partners, others

Economic Times

Economic Times · 1y ago

Speciality coffee company Abcoffee raises $2 million in funding from Tanglin Venture Partners, others

Mumbai-based speciality coffee chain Abcoffee has secured $2 million in a seed funding round led by Tanglin Venture Partners. The funds will be used to enhance its tech stack, expand its product range, and increase accessibility to its affordable speciality coffee through retail outlets. The company currently has 10 outlets in Mumbai and Delhi and plans to establish 100 outlets within the next 12 months. This funding comes at a time when the speciality coffee space in India is witnessing increased investor interest.

Nuvie Raises $450K to Make Healthy Eating Tasty & Easy

StartupTalky

StartupTalky · 1m ago

Nuvie Raises $450K to Make Healthy Eating Tasty & Easy

Bengaluru-based startup Nuvie raised $450K in pre-seed funding led by PedalStart, with participation from notable investors. Nuvie aims to redefine healthy snacking in India by offering protein-rich, guilt-free snacks and drinks. The funds will support product innovation, brand-building, and market expansion. Founded by former Cult.fit leaders, Nuvie focuses on making healthy eating enjoyable and accessible. The startup is scaling its retail and online presence nationwide with innovative offerings like protein-infused shakes and snacks.

ISN Exclusive: ex-Ola executive Varun Dubey starts up a hospital chain, in talks to raise seed funding

IndianStartupNews

IndianStartupNews · 1m ago

ISN Exclusive: ex-Ola executive Varun Dubey starts up a hospital chain, in talks to raise seed funding

Former Ola CMO Varun Dubey has launched a hospital chain startup, Superhealth Hospitals Pvt Ltd, based in Bengaluru. He's in discussions to raise Rs 12-13 crore in seed funding from Sparrow Capital. Drawing from his healthcare experience with Practo and Apollo Hospitals, Dubey plans to establish small hospitals in various cities. Supported by ex-Practo executives Dr. Alexander Kuruvilla and Manoj Kumar Gangasandra, Dubey aims to revolutionize patient and doctor experiences in healthcare.

Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

VCCircle

VCCircle · 1y ago

Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

Saudi tech startups Omniful and Blink have received funding in the first week of December. Omniful, a cloud-based supply chain and e-commerce enablement startup, raised $5.85 million in seed funding from investors including 500 Global and VentureSouq. On the other hand, Blink, a cloud-based enterprise ordering solution, secured $2.1 million in seed funding from investors including 500 Global and Global Founders Capital. These investments are expected to support the growth and expansion of both startups in the Middle East region and beyond.

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