Monday, Jun 1 2020 | Time 07:52 Hrs(IST)
  • SpaceX Nasa Mission - Astronauts on historic mission enter space station
  • NHL plans to test players for COVID-19 daily if games resume
  • John Deere Classic golf tournament canceled due to COVID-19 restrictions
  • PM praises farmer from Nashik for building sanitation machine to combat coronavirus
  • Thane civic employee death - Union demands Rs 1 cr compensation, action on erring officials
  • Israel's Maccabi Tel Aviv announces departure of former NBA player Nate Wolters
  • Thousands gather for peaceful protest in US capital ahead of planned curfew
  • Ecuador midfielder Cazares tests positive for COVID-19
  • Tropical storm Amanda kills 11 in El Salvador
  • US Texas governor declares state of disaster following violent protests
  • Chicago braces for more chaos
  • Protests over killing of African American held in Dublin
  • Japan hit by 5 3-magnitude quake, no tsunami warning issued
  • More than 500,000 coronavirus cases now confirmed in Brazil
  • London police arrest 23 people during gathering in solidarity with George Floyd protests

LetsMD, raises $ 1 mn in pre-series A funding from slew of investors

(Rptg, correcting Para 3 )
Hyderabad, Apr 11 (UNI) LetsMD, the New Delhi-based healthcare fintech start-up, has successfully raised $ 1 million in Pre-Series A funding from a slew of investors led by SRI Capital to scale up its pan-India operations.
Exisiting Investor Waterbridge Ventures along with Thinkuvate, also participated in the just closed round.
"With private insurance penetration pegged at less than 10 per cent and healthcare inflation growing at more than 15 per cent, financing Out of Pocket (OoP) expenses will be healthcare's most important challenge in the next decade, Mr Nivesh Khandelwal, Founder and CEO of LetsMD, said in a release here on Wednesday.
LetsMD aims to create a viable option for financing OoP expenses through its low interest patient financing and health savings account options", he said.
Moving people from informal and often predatory lending to low, or even zero, interest options is exactly what Indian consumers need”, Mr Khandelwal added.
"We are excited about the team and the space that LetsMD is operating in, patient and medical financing is a massive opportunity and the avenues that tech and data bring can revolutionise the ecosystem, we look forward to working with the team on the next stage of this journey." said Ravi Kaushik, Waterbridge Ventures the existing investors in the company who participated in this round.
UNI KNR CS1310/1810
More News

PM praises farmer from Nashik for building sanitation machine to combat coronavirus

01 Jun 2020 | 7:38 AM

Nashik, Jun 1 (UNI) Prime Minister Narendra Modi praised Rajendra Jadhav, a farmer and businessman from Satana of the district, for building a sanitation machine that he can use with the help of his tractor to protect his village from the spread of coronavirus.

see more..

Thane civic employee death - Union demands Rs 1 cr compensation, action on erring officials

01 Jun 2020 | 7:35 AM

Thane, Jun 1 (UNI) The death of a civic employee of the Thane Municipal Corporation just a few hours before his retirement due to the coronavirus has led to the Civic Union on Monday to raise several questions over the entire episode.

see more..

Youth arrested for his step-mother's murder

01 Jun 2020 | 4:14 AM

Thane, Jun 1 (UNI) With the arrest of a 24-year-old tailor from Rabodi of the city, the police on Sunday claimed to have solved the murder of a 40-year-old woman from the locality on May 29,.

see more..

486 fresh COVID-19 cases witnessed in Thane in 1 day

01 Jun 2020 | 3:10 AM

Thane, May 31 (UNI) With addition of as many as 486 COVID-19 positive cases in Thane in a single day on Sunday, the count of infected patients in the district surged to 8,267, a report released by the Health department stated.

see more..

Another Shamaik Special train leaves for Bihar from Nashik Road railway station

01 Jun 2020 | 2:40 AM

Nashik, May 31 (UNI) A Shamaik Special train, carrying about 1,308 passengers, including 12 children, left for Nilkatihar in
Bihar from the Nashik Road railway station here on Sunday.

see more..