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The partnership with San Diego incubator EvoNexus is aimed at advancing novel medical technology in close collaboration with clinicians

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Info Edge digs in; rules for crypto ads; Mamaearth valued at $730M Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We'll soon meet in your inbox. / Morning Dispatch Zomato’s public listing made a lot of investors rich, but none more than Info Edge. In an interview, its founder told us the company plans to hold on to the bulk of its 15% stake as it still sees huge potential for Zomato to grow. Also in this letter: Inside IISc Bangalore's Incubation Lab We have the luxury of being really patient: Info Edge founder

ETtech Illustration: Rahul Awasthi Mamaearth has closed a $50 million funding round led by Belgian investment fund Sofina, valuing the direct-to-consumer (D2C) personal care brand at $730 million, one of the most valued new-age D2C brands in the country. Existing investor Sequoia Capital also participated in the round, while early investors Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital sold some stakes in a secondary transaction, the company said. In a secondary share sale, the money does not flow into the company directly but goes to investors selling their ...

By siliconindia  |  Monday, 26 July 2021, 03:58 Hrs Mamaearth gets $50 million funding round led by Belgian investment fund Sofina. This fundraising has raised the company’s valuation to $730 million. One of the most valued new-age D2C brands in the country. Existing investor Sequoia Capital also participated in the round, while early investors Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital sold some stakes in a secondary transaction, the company said. In a secondary share sale, the money does not flow into the company di...