Orthopedic recovery product startup Lumov raises $1.2 Mn led by Incubate Fund

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Bengaluru-based orthopedic recovery product startup Lumov has raised $1.2 million (Rs 10 crore) in a seed funding round led by Incubate Fund Asia. 

The round also saw participation from QRG Investments & Holdings (Havells Family Office), IIMA Ventures, SIDBI, and a group of angel investors, including Ashish Gupta, Saket Narang, Abhishek Goyal, and Arjun Vaidya, among others.

The proceeds will be used to expand operations, deepen surgeon partnerships, and accelerate the development of new products. It also plans to scale its presence across Delhi NCR,…



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Orthopedic recovery product startup Lumov raises $1.2 Mn led by Incubate Fund


Bengaluru-based orthopedic recovery product startup Lumov has raised $1.2 million (Rs 10 crore) in a seed funding round led by Incubate Fund Asia. 

The round also saw participation from QRG Investments & Holdings (Havells Family Office), IIMA Ventures, SIDBI, and a group of angel investors, including Ashish Gupta, Saket Narang, Abhishek Goyal, and Arjun Vaidya, among others.

The proceeds will be used to expand operations, deepen surgeon partnerships, and accelerate the development of new products. It also plans to scale its presence across Delhi NCR,…



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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