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2. On May 21, Raw Pressery raised USD 9.55 million in funding from Sequoia Capital,Saama Capital, and DSG Consumer Partners. three. On May 22, Milkbasket raised USD 7 million in a Series A financing round led by Kalaari Capital, along with Unilever Ventures, BeeNext, and Blume Ventures. four. On May 23, Smartivity Labs secured USD two million from Ashish Kacholia. Milkbasket is a subscription-primarily based delivery service that supplies customers with their each day groceries and household things every morning. Smartivity Labs is an edtech startup primarily based on Augmented reality (AR) that styles educational toys, robotics, and other understanding tools for young children. The startup will use the funds to boost its supply chain and last-mile logistics and develop its geographical footprint. The startup plans to use the funds to expand into other South Asian nations. The startup plans to use the funds to expand its attain overseas. The startup will use the funds to add new solutions and into new vertical sectors such as skilling, compliance, and fintech solutions. Raw Pressery is an organic cold-pressed juice maker that also gives delivery solutions to its clients in India. five. On May 25, BetterPlace raised USD three million in a Series A round of funding from 3one4 Capital. BetterPlace is a job recruitment platform for blue and grey-collar industries.
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Physiotherapy devices marketplace is searching at decent growth between 2017 and 2025. And, many factors at play here are working towards this propulsion. These are big numbers and holds great significance for the market place thinking of this demographic sees higher incidence of musculoskeletal and neuro muscular injuries. The geriatric population is searching at a dizzying pace of ageing with one particular in just about every six individuals reach the age bracket of 65 or more than. Two of the most prominent things include things like rise in geriatric population and the developing trend of strenuous physical activity for promoting well being and wellness. In fact, it is worth noting that while in 2015, the number of people aged 6o and above was 900 million, by 2050, about two billion men and women will fall in the age group. The competitive landscape of the worldwide physiotherapy device market place is very fragmented and some of the names to reckon with are DJO Worldwide, BTL, EMS Physio Ltd., Patterson Health-related Ltd., Dynatronics Corporation, Enraf-Nonius, Ossur, HMS Medicals Systems, and A. Alego Limited, amongst other individuals.