The Week that Was: Indian Startup News Overview (16th November- 22nd November)
Funding News: Ultrahuman Raises Rs 100 Crore to Drive Innovation and Expansion
Startup: Ultrahuman
Founders: Mohit Kumar and Vatsal Singhal
About us: Ultrahuman is a Bengaluru-based health-technology company building a wearable and ambient health ecosystem. Its flagship product, the Ultrahuman Ring AIR, along with CGM (continuous glucose monitor) systems and other biometric tracking solutions, enables users to optimise sleep, recovery, movement, metabolic and overall health.
Founded Year: 2019
Office: Headquartered in Bengaluru, India; the company is targeting expansion into Canada, Australia, Mexico and other global markets.
Sector: Health-Tech / Wearable & Preventive Health Technology
Funding Round: Venture debt Rs 100 crore
Investors: Alteria Capital as venture debt provider
Ultrahuman has raised Rs 100 crore in venture debt financing to deepen its innovation pillar, accelerate its market expansion, strengthen its product, software and sports-/research partnerships, and build new revenue-streams beyond hardware.
Website: https://www.ultrahuman.com


.jpg)
.jpg)