FerTech startup Luma Fertility raises $4 million from Peak XV’s Surge fund, others

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Mumbai-based fertility-tech startup Luma Fertility has raised $4 million in a round led by Peak XV’s Surge platform, which provides seed funding to startups.

The round also saw Ameera Shah, executive chairperson of diagnostic company Metropolis Healthcare, and Vijay Taparia, chairman of venture capital firm B2V Ventures, participate.

Luma Fertility will use the funds to open more full-stack fertility clinics in Mumbai and expand to other cities over the next two years.

“From my own experience and after speaking to hundreds of women, it became clear…



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FerTech startup Luma Fertility raises $4 million from Peak XV’s Surge fund, others



Mumbai-based fertility-tech startup Luma Fertility has raised $4 million in a round led by Peak XV’s Surge platform, which provides seed funding to startups.

The round also saw Ameera Shah, executive chairperson of diagnostic company Metropolis Healthcare, and Vijay Taparia, chairman of venture capital firm B2V Ventures, participate.

Luma Fertility will use the funds to open more full-stack fertility clinics in Mumbai and expand to other cities over the next two years.

“From my own experience and after speaking to hundreds of women, it became clear…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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