Photo credit: satyrenko / 123RF.
Pick an industry, any industry. Funding in India’s startups last week ranged from fashion to pharmacy, legal advice to photography.
Koovs
Photo credit: Pixabay.
Fashion shop Koovs has bagged US$16 million from Times Group, among other investors.
The investment, which will boost the startup’s media and advertising access, brings the total amount the company’s raised so far to US$38.4 million. It plans to have US$43.3 million raised by 2018.
This year has brought a bevy of fashion activity, in the form of funding and acquisitions, to India’s fashion sector.
See: Japan’s Gree Ventures makes India debut in Uber for women’s fashion
Aermed
It’d be like having a pharmacy on your doorstep. Photo credit: travelwayoflife.
Pharmacy and lab aggregator Aermed has raised an undisclosed amount in a seed round led by Hitesh Windlass, CEO of pharmaceuticals company Windlass Healthcare, with participation from angels at a Boston-based private equity firm and a global investment bank based in New York.
Launched in January this year, the startup focuses on streamlining ordering and pricing for patients with chronic diseases like diabetes, hypertension, and asthma. It reports 2,500 customers with an 80 percent repeat-use rate. It counts IIM-Calcutta alum Naishadh Sutaria, IIT-Delhi grad Aayush Jindal, former Unilever manager Nandit Pathak, and Ashish Prakash from Sentio among its founders.
Aermed’s customers can place their orders via website, app, phone, or Whatsapp. The company keeps patients’ records, including older prescriptions, lab reports, and past orders. It also reminds its customers to refill their prescriptions by call or message.
See: Why Maverick, Sequoia India injected $15m in e-pharmacy startup
Pictor
Bats on Delivery
WorkIndia
LawRato
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