Vedantu raised a new funding round led by Temasek-backed ABC World Asia, catapulting it into the unicorn club; more investors are expected to join in as the round has not closed yet
The brand is planning to utilize the fresh funds in scaling enterprise sales team, developing product training content, and developing industry-driven features for the platform
The startup will use the funds to focus on enhancing the in–house tech capability, be aggressive with their user acquisition and retention strategies, and scaling up the organization
Funds raised to be used to build a healthy base of experts and curious learners, build an efficient translation of conversations into content, and to broad base the platform regionally and across interest-communities
The new round of funding helps MFine to expand its hospital, diagnostics, and e-pharmacy network across the country and building tech-driven care delivery products for both acute and chronic conditions patients
The company will use the funds to continue building a strong team and launching and scaling up its fitness-tech platform to provide a refreshing, engaging, and results-focused fitness experience for Indians
The startup is aiming to make the Indian Diagnostics ecosystem more tech-enabled and organized through their platform and streamlining their business processes
The funding will help the platform with an ambition to drive e-learning platform updates, content enhancements, sales team and marketing, product portfolio as well as the geographical and segment reach
The company will be using the fresh funds for market expansion to the US, strengthen global operator trials, and further commercialization of its core technology.
The one-stop platform offers services ranging from the creation of pitch decks, investment decks, business plans, financial valuations, founder grooming to finally connecting to potential investors
At WeRize, the underlying belief is that a full-stack model is the only way forward, where one has to create the products and distribute them with a high touch model to win small-town India
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