Sachin & PV Sindhu invest crores in Hyd Start-up

Tue Sep 12 2017 09:43:58 GMT+0530 (IST)

Cricket God Sachin Tendulkar, Badminton Star PV Sindhu & her Coach Pullela Gopichand has been funding a Hyderabad-based health-tech startup, CallHealth. While the Master Blaster pumped in Rs 12 crore, Olympic Silver Medallist & her Coach invested Rs 4 crore each.

Bijman Projects Pvt. Ltd and IT Firm Tetra Soft India Pvt. Ltd invested Rs 10 crore and Rs 8 crore respectively in CallHealth. This information was revealed with the Tax Filings with the Ministry of Corporate Affairs in June this year.

In July last year, CallHeath allocated 80 lakh equity shares at a subscription price of Rs 50 each including a premium of Rs 49. Later, Rs 57.52 crore was raised by allocating 23.01 lakh equity shares at a subscription price of Rs 250 each including a premium of Rs 240. Chiranjeevi, Nagarjuna and Allu Arjun had invested in that round.

Sandhya Raju (D/o Ramco Systems MD PR Venketrama Raja & Daughter-in-Law of Satyam Ramalinga Raju) is the founder of CallHealth.