The company, which also counts Tiger Global among its external investors, is aiming for a 10-times jump in its customer base to 10 crores in the next five-six years
The edtech raised $250 million from US-based investment firm Davidson Kempner, which is part of the $1 billion funding round it hopes to close this month
The retail technology company will utilise the funds to acquire long-term licenses of international fashion and lifestyle brands and expand company’s proprietary technology stack
Enhanced patient experience, a phygital approach and the rise of single specialty solutions, emerged as key takeaways from the discussion that brought together investors and operators from the Indian healthcare industry
The funds will be used for launching new products, international expansion in the UK, EU, and Asian markets and augmentation of tech and data capabilities
The fresh capital infusion aims to set the company on a new trajectory to further expand operations in the three current verticals and continue to provide manufacturing solutions to global customers
NxtWave will collaborate with APIS to establish synergies with start-ups and provide proficient personnel in Full-stack Development and other Advanced Technologies as interns or full-time employees for start-ups in the Andhra Pradesh region
