Infant warmers maker Embrace raises funding from Khosla Impact, Kiran Mazumdar-Shaw, others | VCCircle
Join us : Twitter Facebook Linkedin Youtube

Search form

Home >> Venture Capital >>
print icon

Infant warmers maker Embrace raises funding from Khosla Impact, Kiran Mazumdar-Shaw, others 

BY  Sainul K Abudheen
Khosla Impact is a $30-million ‘frontier markets fund’ focusing on companies operating in education, agriculture and healthcare.

Bangalore-based Embrace Innovations, a for-profit social enterprise which manufactures low-cost infant warmers targeted at premature and low birth-weight babies, has secured an undisclosed amount in funding from Khosla Impact, an impact investment firm founded by veteran Silicon Valley investor Vinod Khosla and  Capricorn Investment Group, set up by former eBay president Jeff Skoll. 

Biocon’s Kiran Mazumdar-Shaw, Manipal Hospital’s Ranjan Pai and former Zynga general manager Steven Lurie also participated in the round. The company will use the money to expand its sales force and R&D, its co-founder Rahul Alex Panicker...

Register Now
Already registered? Login

A Premium membership gives you:

  • Access to all premium articles including exclusives, analyses & commentary.
  • Access to archives of over six years.
  • Exclusive interviews with top fund managers, CEOs and bankers.
Get Access
Enter your VCCircle username.
Enter the password that accompanies your username.
Advertisement

chinetwork

Copyright © 2014 VCCircle.com.
A property of Mosaic Media Ventures Pvt Ltd.