Toothsi raises $5m in Series A funding and 12 more India deal updates

Dental tech startup Toothsi, operated by AMPA Orthodontics, has raised $5 million in a Series A round of funding, per a company statement.

The round has seen participation from Think Investments – a San Francisco based hedge fund, PharmEasy, the family office of Nimesh Kampani of JM Financial, Siddharth Shah – Co-Founder and CEO at API Holdings (Ascent Health) and Ramakant Sharma – cofounder and COO of LivSpace, Dream 11 amongst others.

The Mumbai-based startup said it will use the funding proceeds to expand to over 15 cities in India, enhance its backend research and development, and invest in technology.

ToothSi, which was formed by a group of orthodontists – Dr. Arpi, Dr. Pravin, Dr. Manjul and Dr. Anirudh, is a direct-to-consumer company that sells clear teeth aligners. It claims to have served over 7500 patients last year and plans to serve over 50,000 patients in a year’s time.

ToothSi has also launched its skincare brand SkinnSi, that sees over 250 patients a month, and will serve over 10,000 patients in the next one year.

INDIA DEAL MONITOR

Here are prominent venture capital transactions in India from January 6-10, 2021.

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)IndustryVerticals
ToothSiMumbai5 millionSeries A-Think Investments, the family office of JM Financial’s Nimesh Kampani, Siddharth Shah, Ramakant SharmaHealthcare SpecialistE-commerce
Phi Commerce Pune4 millionSeries ABeenextYatra Angel NetworkFinancial ServicesFinTech
MeddoGurugram3 millionPre-Series ASRI Capital, Picus CapitalLetsVenture, growX Ventures, Jitendra Gupta, Venture GurukoolHealthcare ServicesHealthTech
FinsallBengaluru328,188SeedUnicorn India VenturesSEA Fund, Karthik Sridhar, Tirumala GudlaInsuranceInsuretech
Agri10xPune-SeedOmnivore-AgribusinessAgTech
HobSpaceMumbai136,666Pre-Series A1Inflection Point (IP) Ventures-Education/TrainingEdtech
KiranaKart Mumbai729,500Pre-SeedGlobal Founders CapitalContrary Capital, 2 AM VenturesRetailE-commerce
Eyestem ResearchMumbai----BiotechnologyBiotech
OYOGurugram7.4 million-Hindustan Media Ventures-Real Estate Development & Operating CompanyReal Estate Tech
LegalwizGujarat520,100-Contcentric It Services-Outsourcing-
Vanity WagonGurugram200,000SeedAgility Venture PartnersDhianu Das, Sanjay NagiRetailE-commerce
PracticallyHyderabad4 millionPre-Series BSiana CapitalYourNest Venture Capital, Exfinity VenturesEducation/TrainingEdTech
iMumzBengaluru300,000-Enzia Ventures, Titan Capital, AngelList-Healthcare SpecialistHealthTech

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.