Medtech startup MedVital raises Rs 8.4 cr pre-seed funding

Mumbai, May 15 (PTI) New-age MedTech startup MedVital on Thursday said it has raised Rs 8.4 crore in pre-seed funding led by Nihar Parikh's 4point0 Health Ventures.
     The funding round also saw participation from a marquee group of operator-investors, including founders of Tata 1mg, NephroPlus, SafeExpress, Eye Q Hospital, Hexa Health, and AstroTalk, MedTech said in a statement.
     "We are building a full-stack platform that integrates clinically proven devices, intelligent monitoring, and next-generation biomaterials to transform how complex wounds are treated and how patients recover.
     "Our goal is to become a trusted partner for specialists restoring a patient's skin, preventing diabetic amputations, or helping individuals regain confidence through aesthetic enhancements. This funding allows us to accelerate that mission, strengthen our infrastructure, and scale with purpose," MedVital co-founder and CEO Dr Varun Gupta added.
    
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     *IHCL opens 72-key Ginger Dehradun in Uttrakhand
     Indian Hotels Company (IHCL) on Thursday announced the opening of 72-room Ginger Dehradun in Uttrakhand.
     "Ginger Dehradun reflects our focused approach to accelerating growth for the brand in high-potential markets.
     "Dehradun, with its mix of leisure, commercial activity as a state capital and presence of multiple educational institutions offers itself as a good market for diverse hospitality brands like Ginger," IHCL Executive Vice President - Hotel Openings and New Businesses, Deepika Rao said in a statement.

(This story has not been edited by THE WEEK and is auto-generated from PTI)