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Unicorns as solution provider: From fintech and pharma to green energy

Unicorns show the light: From fintech and pharma to green energy they are driving solutions even amid the pandemic

The ferocious second wave of Covid-19 has brought with it gloom and uncertainty as the virus mutated, surged and engulfed the nation. Thankfully, with hyper-localised lockdown protocols and an advancing vaccination drive, cases are tapering..

MFine Raises $16m From New & Existing Investors Led by Heritas Capital as Adoption of Digital Health Soars in India Amidst COVID-19 Pandemic

$16m in a new funding round led by Heritas Capital with participation from Singapore-based family office of Y S Investment Pte Ltd. Existing MFine investors including SBI Investment, SBI Ven Capital, BEENEXT and Alteria Capital have also followed-on in the round. The oversubscribed round wraps up a strong year for MFine with the company achieving 10x growth amidst exponential adoption of telemedicine and digital health in India in 2020. The COVID-19 pandemic, subsequent lockdown measures and the release of Telemedicine Guidelines by Government of India have led to the widespread adoption of telemedicine in India. A new standard for digital health services including health IDs, personal health records, Digi Doctor and a health facility registry has also been announced in August 2020 under the National Digital Health Mission (NDHM) to support universal health coverage for India s citizens.

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