The latest round brings the startup’s total funding to $20 million to date.
The startup, which specialises in the immuno-oncology space, plans to use the fresh capital for a new drug filing for its lead molecule (ZM 008) in India, and for the first phase of clinical trials by the end of 2020.
INDIA DEAL MONITOR
Here are some of the prominent venture capital transactions in India between November 26-28.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Sector|
|Just Herbs||Chandigarh||1.5 million||Pre-Series A||Roots Ventures||Family Offices, HNIs||Beauty & Wellness|
|FirstU||Bengaluru||-||Seed||-||India Quotient, FirstCheque, Farooq Adam (Co-founder of Fynd), other angel investors||Automotive|
|Gully Network Retail||Bengaluru||700,000||Seed||Orios Venture Partners||-||Retail Tech|
|Holisol Logistics Pvt Ltd||Delhi||2.8 million||Asset Financing||BlackSoil Capital||-||Logistics|