India Digest: NestaVera invests in ProPhysio; WMall eyes $10m funding

Photo: Reuters

In the latest startup funding, NestaVera Group has invested an undisclosed amount in ProPhysio, while WMall is in discussions to raise a $10-million in a funding round.

NestaVera invests in ProPhysio

Healthcare startup ProPhysio, which provides hysiotherapy and rehabilitation services, has raised an undisclosed amount in its Series A funding round from the NestaVera Group of companies, per a statement.

The company will use this investment to further accelerate its growth and build new products and services. It will also explore technology with AI driven solutions to treat various health issues and reaching out to a larger consumer demographic in multiple locations across India at the clinic and extended care at home.

Bengaluru-based ProPhysio helps patients with their physiotherapy needs, both at home and at company owned clinics.

WMall eyes $10m funding

Social commerce startup WMall is in discussions to raise $10 million in a funding round led by Chiratae Venture Partners and existing investor SAIF Partners, The Economic Times reported.

The startup, which is building a platform aimed at new-to-internet women users, last raised $1.8 million from Venture Highway and SAIF Partners about six months ago.

Founded in 2018, WMall sells products to consumers on social platforms such as WhatsApp and YouTube, and also provide a social buying experience to users on its own app.