Bengaluru: City-based startup NovoCura Tech Health Services Pvt Ltd, which owns the mfine healt-tech app, said on Tuesday it has raised Rs31 crore as venture debt from Alteria Capital. In April, the startup raised $17.2 million in series B funding from SBI Investment, SBI Ven Capital, Stellaris Venture Partners and Prime Venture Partners. mfine was founded in February 2017 by Ashutosh Lawania (Myntra co-founder) and Prasad Kompalli, a former business head at Myntra. Including the current funding round, the startup has raised over $28 million and has 300 employees in Bengaluru & Hyderabad. mfine follows a model of partnering with leading and trusted hospitals instead of aggregating individual doctors on its platform.

Source: Mint July 02, 2019 10:07 UTC