AMPA Orthodontics, the parent company of dental tech start-up Toothsi, announced it has raised a Series A funding round of $5mn, the company said in a press release.
The startup plans to use the funds raised to expand to 15 cities in India, enhance its backend research and development, and invest in technology.
Founded by orthodontic doctors Arpi Shah, Pravin Shetty, Manjul Jain and Anirudh Kale, Toothsi is a direct-to-consumer company that sells clear teeth aligners. The company claims to have served over 7500 patients last year.
Toothsi also recently launched a skincare brand called Skinnsi which provides laser hair removal and derma-facials.
Commenting on the development, Arpi Shah, Founder and chief executive, said, “We are a full stack company, that own our technology, manage the at home service, have on panel doctors for consultations, expert team of planners and have our own lab that ensures the patients get a world class experience at home. We want to be the go-to destination for any beauty and wellness services – that’s provided at home, under scientific and medical guidance”
The round has seen participation from Think Investments, a San Francisco based Hedge Fund which has previously invested in Ascent Health, PharmEasy, Dream 11 amongst others, the family office of Nimesh Kampani of JM Financial, Siddharth Shah (co-founder at API Holdings (Ascent Health) and Ramakant Sharma, -co-founder of LivSpace.
Shatabdi Banerjee, Shuchita Wadhwa, Manori Mehta and Jill Chitalia – all of them doctors – have now joined the founding team.
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