Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 29 2018

Seniority plans to raise funding for business expansion

RPG Ventures had incubated Seniority in 2016.

Seniority plans to raise funding for business expansion

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.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Ad Agencies & Collection Centres
    The brand deals with conduction of various events, related to..
    Locations looking for expansion Haryana
    Establishment year 1988
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Quick Service Restaurants
    About Us: Started in the year 1989 by Gundumuneshwara & his..
    Locations looking for expansion Karnataka
    Establishment year 1989
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bengaluru Karnataka
  • Online Food Ordering Services
    About Us: Smart Chef LLP consists of 3 brands - Dosama,..
    Locations looking for expansion Delhi NCR
    Establishment year 2000
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi NCR
  • Facility Management
    •          Started in the USA, Cleanomatics - a ..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities