Toothsi has raised $9 million in a venture debt round from Stride Ventures, the company said in a statement. The company plans to utilise the fresh funds in improving technology, expanding in different countries and brand building. “This partnership with Toothsi is our latest attempt towards engaging with more new-age healthcare startups,” Ishpreet Singh Gandhi, Founder and Managing Partner, Stride Ventures, said.

Founded in 2018 by orthodontists Arpi Mehta, Pravin Shetty, Manjul Jain, and Anirudh Kale, the startup offers customers clear aligners, an alternative to traditional braces. It claims to have designed more than 65,000 plans so far and a five-fold year-on-year growth in the financial year 2021.

• HCL Tech Shares Gain 2% on Partnering Up with Strategy 
• Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
• Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
• Overnight Stock Market Movements: Key Developments 
• Stocks Under F&O Ban: Bandhan Bank, and Others

Clear aligners have appeared as the best technology over traditional metal braces for their unnoticeable factor. “The solution to orthodontic issues in the form of customisable clear aligners has been making a name in this consumer-driven space and has gained 35 per cent market share,” Singh said. Toothsi also offers oral-care products like sonic toothbrushes, teeth whitening products and aligner accessories. It recently launches Skinnsi, which offers laser hair removal services and skin treatments at home.