PE-VC Fund Investments
Healthtech co. Rymo Technologies raises Rs.10-Cr led by IAN Group
Mumbai-based Rymo Technologies has raised INR 10 crore in a seed funding round led by IAN Group through its evergreen fund, with participation from other angel investors.Co-founded in 2020 by Chirag Shah and Abhishek Rai, Rymo Technologies leverages advanced robotics, virtual reality, and artificial intelligence for physical rehabilitation. The company develops solutions, including its Mobi-L system, to help individuals recovering from strokes, injuries, and neurological conditions regain mobility and independence.The proceeds will be used to accelerate product innovation, expand manufacturing capabilities, strengthen the company's presence across India, and scale into international markets like ASEAN and the Middle East.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
