Liquidity Events
Arali Ventures scores 23x via exit from US-based healthtech startup HBox.ai
Bangalore-based seed investment firm Arali Ventures has made a complete exit from US-based remote patient monitoring focused startup HBox.ai, delivering a 23X return and an IRR of ~120%. The exit was facilitated through a new investment from Charlesbank Technology Opportunities Fund.The exit marks another milestone that strengthens the performance of the 2019 vintage Arali Fund I, which has already executed partial exits in FinBox and complete exits in Wingman and Insent, delivering greater than 2X of the fund within six years.
In Dec 2021, HBox had raised USD 700,000 in a seed funding round led by Arali Ventures.
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