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AMDAVAD'S PREMIUM DIGITAL MAGAZINE
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Amdavad News

Axio Biosolutions, a medtech company that specialises in wound care, has raised $7.4 million (about Rs 47 crore) in a Series-B funding round led by Ratan Tata's RNT Capital along with existing investors Accel Partners and IDG Ventures India. The round also gave an exit with 7X returns to the company's first institutional investor, GVFL, an Ahmedabad-based venture capital firm. Masterkey Holdings were the advisors to this transaction.

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