Private Equity PE-VC Fund Investments
Chronic pain mgmt platform FlexifyMe raises Rs.20-Cr led by IvyCap Ventures
Source FlexifyMe (opens in a new tab)Inc42 (opens in a new tab)Linkedin Announcement (opens in a new tab)
Pune-based chronic pain management platform FlexifyMe has raised INR 20 crore (USD 2 million) in a pre-Series A round led by IvyCap Ventures. The round also saw participation from Signal Ventures and existing investors GSF and Venture Catalysts Angels.Co-founded in 2021 by Manjeet Singh and Amit Bhayani, FlexifyMe treats back pain, cervical pain and spondylosis. The new funds will be used for the firm’s offline and online expansion plans, to launch advanced posture and gait analysis labs and strengthen its clinical research partnerships.
Between May 2022 and Mar 2024, FlexifyMe had attracted about USD 1 M from Flipkart, IvyCap Ventures, PointOne Capital, Z Nation Lab and angel investors.