FIGUR8 raises $25m to upgrade MSK health analytics platform

FIGUR8 raises $25m to upgrade MSK health analytics platform

FIGUR8, a trailblazer in musculoskeletal (MSK) health analytics, has successfully concluded a Series A-1 funding round amassing $25 million. Spearheading this investment was First Spark Ventures (FSV), supported by both DigiTx Partners and Phoenix Venture Partners. This funding promises to magnify the reach and application of FIGUR8’s bioMotion Assessment Platform (bMAP), a core system designed […]

Kotak Mahindra Bank to acquire microfinance institution Sonata Finance

Kotak Mahindra Bank to acquire microfinance institution Sonata Finance

Kotak Mahindra Bank (KMBL) has agreed to acquire Sonata Finance Private Limited (SFPL), an Indian non-banking finance company, from existing shareholders for about INR 537 crores in cash. Headquartered in Lucknow, Sonata Finance provides micro finance loans to economically weak people and especially to ladies via joint liability group (JLG) and individual lending (IL) mode. […]