India Dealbook: MUrgency, iCHR raise funds; US’ BIOWORLD Merchandising acquires Vox Pop

Emergency response mobile app provider MUrgency Inc has raised funds from Axilor Ventures, while cloud-based health record startup iCHR has received $450,000 seed funding from an angel investor.

MUrgency raises funds from Axilor Ventures

Emergency response mobile app provider MUrgency Inc, has raised funding of an undisclosed amount from Axilor Ventures, an investment firm set up by former Infosys executives including Kris Gopalakrishnan and S D Shibulal.

Sillicon Valley-based MUrgency ensures help from the nearest doctor, nurse or paramedic in a medical emergency.

The company plans to use the latest round of funding to develop its brand, recruit talent, augment technology and scale operations, MUrgency said in a statement.

MUrgency, was first launched in Punjab earlier this year in February and claims to have developed a network of 36 hospital emergency rooms, over 40 ambulances and over 350 medical professionals. MUrgency said that the average response time for patients seeking medical help during trial runs was less than 10 minutes.

“Our vision is to make emergency response available to anyone, anytime, anywhere, with just one tap on a mobile phone, across the world, by 2020. We will cover Punjab fully before 30 June, 2016 and be pan India by 2018,” said Sweta Mangal, Director, Global Emergency Response, MUrgency Inc.

iCHR gets $450k seed funding from angel investor

Oxyent Technologies Pvt. Ltd, which operates Integrated Child Health Records (iCHR), a digital platform that integrates child health data, has received $450,000 seed funding from a Delhi-based angel investor, according to a report by VCCircle.

The firm plans to use the latest round of funding for marketing campaigns for its mobile application which bridges the gap between the doctors and parents, iCHR founder Harpreet Singh told VCCircle.

“We have already tied up with Apollo Hospitals. In Delhi and adjacent areas, our immediate target is over 150 private hospitals and nearly 1,000 clinics in next two years,” he said.

“We are in talks with two early-stage venture capital firms based in Singapore and the US to raise our next round of funding. We may raise as much as Rs 30 crore ($4.5 million),” Singh said.

That round of funding is likely to help iCHR to expand its operations within India and to African countries.

US-based BIOWORLD Merchandising acquires Indian startup Vox Pop

US-based BIOWORLD Merchandising, Inc., has acquired India-based licensing and merchandising startup VoxPop.com for an undisclosed amount, according to a report by Inc42.

“This acquisition is a part of the firm’s overall growth strategy. We will work together and play to our strengths to deliver a better value proposition for our customers. Through this partnership, BIOWORLD will have direct access to the customer and foster a stronger bond with the growing pop culture community in India,” Raj Malik, founder and CEO of BIOWORLD Merchandising said.

Post the acquisition, Blume Ventures-backed Vox Pop will continue to remain independent in its operations.

Founded in 2013, the startup develops and retails limited edition merchandise in partnership with brands such as Disney, Marvel, Star Wars, DC Comics and Warner Brothers.

“We believe our combined strengths will unlock the opportunity to accelerate growth in the category. With a wider reach and deeper portfolio of products, we will maintain our position of leadership in the category of licensed merchandise, giving the Indian consumer a one stop shop for all their popular culture merchandise needs,” said VoxPop’s founder and CEO Siddharth Taparia.

In 2014, VoxPop had raised $1 Mn from Blume Ventures.

Also Read:

India Dealbook: DTDC Express picks 20% in Shipsy, Food-tech startup Petoo raises $1m

India Dealbook: EasyFix raises funds from Axilor; Shopclues co-founder invests in Wydr

 

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.