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B Capital leads $20.6 Mn round in Surge-backed Mojocare

Shortpedia

Content Team
Image Credit: Inc42

Bengaluru-based health tech startup Mojocare has announced it raised $20.6 million in a Series A round led by B Capital and existing investors, Chiratae Ventures, Sequoia India’s Surge and Better Capital. This would be the first major Series A bet by B Capital’s Ascent Fund: a newly launched fund worth $250 million to primarily back early-stage startups. B Capital’s partner Karan Mohla is one of the key people behind the new fund.