PE Fund Investments
Healthtech startup Ayu Health raises $21-M from Fundamentum, others
Bengaluru-based healthtech startup Ayu Health is raising USD 21 million in its Series B round led by Fundamentum Partnership in return for a 17.91% stake (on a fully diluted basis). The round will also see participation from Stellaris Venture Partners, Vertex Ventures, Waao Partners, and Capier Investments. Angel investors such as Khadim Batti, Ashish Gupta, Hemant Jodha will also participate in the round. Ayu Health has a chain of 20 hospitals with 1000+ beds in Chandigarh and Bengaluru. The firm claims to help hospitals serve patients at lower costs, and maintain high medical quality standards.
From the Venture Intelligence PE-VC Deal Database: Between Jan-20 and Aug-21, Ayu Health had raised INR 58 crore from Stellaris Venture Partners, Vertex Ventures and Alteria Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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