Nutrabay, a D2C retailer of sports nutrition and wellness products, non-hospital medical tourism company Global Care, and BigEndian Semiconductors secured early-stage cheques, the companies announced on Monday.
Nutrabay
Nutrabay Retail raised $5 million in Series A funding round led by RPSG Capital Ventures with participation from Kotak Alternate Asset Managers Ltd. This is the maiden funding round for the startup.
Founded in 2017, Nutrabay operates as a D2C multi-brand retail store housing over 100 brands along with its own private label products under the name of Nutrabay.
The company said that the incoming investment will be used for the omni-channel expansion and to ramp up product innovation. The brand is led by Sharad Jain, Shreyans Jain and Divay Prakash Jain.
Global Care
Global Care (Lavanya Medicare Solutions Pvt Ltd) bagged $3 million as a strategic investment from 35North India Discovery Fund -II (IDF-II) and its affiliates.
The funds will support Global Care in building clinical excellence through strategic consulting and facilitating convenient access to world-class patient care, the company said in a statement.
Founded by Rajeev Taneja, Global Care focuses on Eastern Africa, Francophone Africa, the Middle East, Central Asia, SAARC nations, and South-East Asia, and the Middle East and North Africa.
BigEndian Semiconductors
BigEndian Semiconductors, has raised $3 million in funding led by Vertex Ventures SEA & India, with participation from other investors.
The funds will be used to expand the company’s engineering team, enhance research and development capabilities, and scale operations to meet the growing demand for advanced surveillance technology both in India and globally, it said in a statement.
BigEndian Semiconductors is a semiconductor design startup focused on developing innovative and secure system-on-chip (SoC) solutions.