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Toothsi has received $40 million in funding from Eight Roads Ventures, South Korean-based Paramark, and IIFL, among others. The money will be used to expand the dentistry startup's geographic reach and category offerings. Toothsi , a dental business, has secured $40 million in funding from investors including Eight Roads Ventures, South Korea-based Paramark, and IIFL. Customers can straighten their teeth at home using invisible, 3D-printed clear aligner technology, according to the company. According to a press statement, the cash will be used to further global penetration and category expansion. Other investors in the round included the family offices of Medlife cofounders Prashant Singh and Tushar Kumar, as well as current investors Think Investments and the Mankekar family office. The firm raised $20 million in a Series B fundraising round headed by Eight Roads Ventures, Think Investments, and the Mankekar Family Office in August of last year. Previously, toothsi ...

Dental tech startup Toothsi has secured Rs 100 crore. Stride Ventures had just loaned the company $9 million. Mumbai-based Toothsi has secured slightly over $13 million (Rs 100 crore) in a new funding round headed by IIFL. This is the dental tech startup's second round of funding. Toothsi had just received a $9 million loan from Stride Ventures. According to the company's regulatory filings, Toothsi has passed a special resolution to issue 460053 CCPS VI at an issue price of Rs 2173.66 per share for a consideration of Rs 100 crore. This transaction has been funded by the IIFL Tech Large Value Fund and Mahendra Chunilal Shah, who have contributed Rs 75 crore and Rs 25 crore, respectively. This could be part of a larger funding round for Arpi Shah's company. According to Fintrackr, Toothsi raised the financing at a post-money valuation of $252 million. So far, the company has received over $47 million in stock and debt, including a $20 million Seri...