www.vccircle.com Open in urlscan Pro
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URL:
https://www.vccircle.com/dental-tech-brand-toothsi-snags-40-mn-in-series-c-from-eight-roads-iifl-others
Submission: On May 09 via api (May 9th 2022, 10:11:39 pm UTC) from US — Scanned from DE

Form analysis
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DENTAL TECH BRAND TOOTHSI SNAGS $40 MN IN SERIES C FROM EIGHT ROADS, IIFL,
OTHERS

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 * SUBSCRIPTION
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 * PRIVATE EQUITY
 * VENTURE CAPITAL
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Healthcare
Dental tech brand toothsi snags $40 mn in Series C from Eight Roads, IIFL,
others
Dental tech brand toothsi snags $40 mn in Series C from Eight Roads, IIFL,
others
By
Joseph Rai
02 May, 2022

Photo Credit: Thinkstock
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ADVERTISEMENT

AMPA Orthodontics Pvt Ltd, which operates tech-infused dental care brand toothsi
said Monday it has raised $40 million in a Series C funding round led by Eight
Roads Ventures, South Korean company Paramark, IIFL, and the family office of
Medlife co-founders.

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Existing investors Think Investments and the Mankekar family office participated
in this funding round, said toothsi in a statement.

Prominent individuals including Aditya Puri, former managing director of HDFC
Bank, and Karan Singh, managing partner of Bain & Company's India offices, also
pooled in capital as part of this investment round, it added.

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Arpi Mehta Shah, co-founder and CEO, toothsi, said in the statement that the
startup will use the fresh capital to boost its geographical and category
expansion.

The startup, founded in 2018 by orthodontists, Shah, Pravin Shetty, Manjul Jain,
and Anirudh Kale, provides customers with access to at-home teeth straightening
with invisible, 3D-printed clear aligner technology. It also aims to invest in
robotic automation for aligner manufacturing and strengthen its technology
platform and operations.

The company has a network of over 2,000 partner dental centres and it aims to
expand its brand in tier II cities. toothsi has already designed smile makeovers
for 140,000 customers, it said. It has also launched dental and skin self-care
products including an innovative teeth-whitening and oral hygiene product line
over the past few months.

toothsi's Series C funding round comes eight months after it secured Series B
funding of $20 million led by Eight Roads Ventures, Think Investments and the
Mankekar family office in August last year.

Prior to this funding, toothsi raised $5 million as part of its Series A round
in January 2020 from Think Investments and other investors.

Earlier this year, toothsi also raised venture debt funding of $9 million (Rs
66.6 crore) led by Stride Ventures. 

Other venture capital backed companies in the broader dental space include Sabka
Dentist, Axiss Dental and Special Smiles. 

ADVERTISEMENT
AMPA Orthodontics Pvt Ltd
dental care brand
Toothsi
Series C
Eight Roads Ventures
Paramark
IIFL
Think Investments
Mankekar family office
Aditya Puri
Karan Singh
Arpi Mehta Shah
orthodental
orthodontist
orthodontics
Sabka Dentist
Axiss Dental
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OPEN APP

www.vccircle.com Open in urlscan Pro 13.232.185.126 Public Scan

Form analysis 9 forms found in the DOM

Name: vcc_search_form — POST https://www.vccircle.com/search

Name: mob_search_form — POST https://www.vccircle.com/search

Name: vcc_login — POST https://www.vccircle.com/home/authenticate

Name: vcc_forgot_password — POST https://www.vccircle.com/home/forgot_password

Name: vcc_search_form — POST https://www.vccircle.com/search

Name: vcc_login — POST https://www.vccircle.com/home/authenticate

Name: vcc_forgot_password — POST https://www.vccircle.com/home/forgot_password

Name: ccoptin — POST //visitor.constantcontact.com/d.jsp

Name: ccoptin — POST //visitor.constantcontact.com/d.jsp

Text Content

www.vccircle.com Open in urlscan Pro
13.232.185.126 Public Scan

Form analysis
9 forms found in the DOM