Healthcare startup Smiles.ai has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures.
Other investors in the round include MBX Capital, Wami Capital and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, Lenskart; Aakrit Vaish, Co-founder and CEO, Haptik; Revant Bhate, Co-founder, Mosaic Wellness; Miten Sampat CSO, CRED; and Sambhav Rakhyan, MD, WTW. Smiles.ai marks US-based healthcare-focused fund MBX Capital's first investment in India.
The startup will deploy this funding towards expanding its footprint nationally, strengthening the leadership team, and building innovative tech-driven dental care solutions.