VC Fund Investments
Elective surgeries focused health-tech co Glamyo raises $2.5 M from Agility Ventures, others
Delhi-based healthcare startup Glamyo Health is raising USD 2.5 million (INR 19.71 crore) in fresh funds led by existing investor Agility Ventures Fund. Tejal Merchantile Pvt Ltd, Anicut Capital LLP, Vistara ITCL, Nelum Gidwani, and Ramrod Advisors LLP also participated in the round Glamyo is to issue 2,408 Compulsory Convertible Preference Shares (CCPS) at INR 81,865 per share. Glamyo focuses on elective surgeries and laser treatments in areas such as orthopedics, proctology, and urology. The company has a presence in over 10 cities and plans to scale up in over 20 cities by the end of the fiscal year FY23.
From the Venture Intelligence PE-VC Deal Database: In Sep 21, Glamyo had raised USD 3 M from Ananta Capital, Udtara Ventures and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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