The company will use the funds for its growth plans, the company said in a statement.
Pune-based Brinton Pharmaceuticals Ltd is engaged in the marketing and distribution of branded generic drugs and differentiated brands with a focus on niche therapeutic segments, including dermatology, gynecology, anti-diabetic therapy, cardiac therapy, among others.
The company also counts Beta TC Holdings Pte Ltd and India Alternatives Private Equity Fund among its list of backers.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India from September 16-20, 2020.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Industry||Verticals|
|Brinton Pharmaceuticals||Pune||1.35 million||Debt||BlackSoil Capital||-||Pharmaceuticals||-|
|Flipkart||Singapore||62.8 million||-||Tencent Holdings||-||Retail||E-Commerce|
|Mobile Premier League||Bengaluru||75 million||-||SIG Global India Fund||Sequoia Capital, RTP Global, GV Games, MDI Ventures, CE Ventures||Travel & Leisure||eSports|
|Observe.AI||San Francisco||54 million||Series B||Menlo Ventures||Next47 Ventures, NGP Capital||Software||AI and Machine Learning|
|Zuper||US/Chennai||1.1 million||Seed||Prime Venture Partners||Gunderson Dettemer, Gemba Capital||Software||SaaS|
|AFK Gaming||Mumbai||200,000||Pre-Series A||Inflection Point Ventures (IPV)||-||Media||eSports|
|Invento Robotics||Bengaluru||-||-||MSPL Limited, Chiripal Group||-||Consumer Services||Robotics & Drones|