Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 29 2018

Seniority plans to raise funding for business expansion

RPG Ventures had incubated Seniority in 2016.

RPG Ventures is looking to tap the private markets to raise funds for Seniority Pvt Ltd, senior citizen-care product startup. The company had incubated Seniority in 2016.

The startup is selling products that make everyday life easier for senior citizens, with mobility aids, wellness products and leisure accessories.

Kunjan Chikhlikar, Head, RPG Ventures, said, "We will be looking to raise $7-8 million for Seniority sometime in the middle of 2019. RPG is very excited about the opportunity and how the business is shaping up, and will also be investing alongside new investors."

"Apart from merely investing in early-stage companies, which might have synergies with existing businesses of the group, the RPG Ventures mandate also includes incubating and building businesses for the group in new-age areas of interest. Senior care products was an area of interest that was identified by the RPG group following which we set out to build a business around it," he added.

Comment
image
Related opportunities
  • Fine Dine Restaurants
    About Us: Moti Mahal Delux Restaurants, your growth opportunity for worldwide..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2000
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Others Food Service
    About Us: Utopia Food Labs has 6 premium brands under its..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater BENGALURU Karnataka
  • About Us: Associate with the leading brand in Olympiad Examination in..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Preschools
    About Us: GD Goenka Group, established in 1982, has had varied..
    Locations looking for expansion Delhi
    Establishment year 1982
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities