TIWN
New Delhi, April 20 (TIWN) Bengaluru-based IT-enabled healthcare company, MyDentalPlan Healthcare Pvt Ltd has announced that it has secured a seed funding of $700,000 from SafePlanet Medicare LLP.
Having made significant inroads in the wholesale market, MyDentalPlan is now planning to foray into the retail business, said a company statement. "The funding will help the company realise the significant marketing push and make a momentous shift in the oral healthcare space," it said. Mohender Narula, Founder and Chairman, MyDentalPlan Healthcare said: "This funding will give a much-needed fillip to the company in realising the vision of the company. Having started this venture as boot-strapped, we are highly fortunate to have support from such good seed-stage investors in India." MyDentalPlan aggregates dental service providers and dentists through a system of detailed audits and checks. "The strong support from our investors validates the important value our service brings to people and we will be using these funds to fuel in the next phase of growth," said Harminder Singh Multani, CEO of MyDentalPlan Healthcare.
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals