Venture capital investors are deepening their bets on single-specialty healthcare, moving beyond oncology and nephrology to areas such as pain management, physiotherapy, and orthotic products.The trend is reflected in several recent funding deals. Bengaluru-based Lumov, which makes orthotic products, is in talks to raise Rs 32 crore in a round led by Peak XV Partners, according to people familiar with the matter. The round will likely include
Business NewsTechStartupsVCs go deep on single-specialty healthcare with orthopaedics, pain relief bets
VCs go deep on single-specialty healthcare with orthopaedics, pain relief bets
Synopsis
The trend is reflected in several recent funding deals. Bengaluru-based Lumov, which makes orthotic products, is in talks to raise Rs 32 crore in a round led by Peak XV Partners, according to people familiar with the matter. The round will likely include the founders of Minimalist and Mokobara, as well as early-stage VC firm Panthera Peak Ventures, sources said.
Now Playing