Yubi, an Indian fintech platform backed by Insight Partners and Peak XV, is planning to raise between $150 million and $200 million in early 2024 to support its global expansion. The company aims to secure funding after successfully narrowing its losses, according to CEO Gaurav Kumar.
HealthKart has successfully raised $153 million in a secondary funding round led by ChrysCapital and Motilal Oswal Alternates, marking a significant milestone for consumer startups this year. The funding, which values the Gurugram-based health supplement platform at approximately $500 million, allows early investors and stakeholders to sell their shares, providing liquidity without new shares being issued. Notable backers include Peak XV, Temasek, and Intel Capital, among others.
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