India, April 28 -- Healthcare startup HexaHealth's board has approved the proposal to raise INR 37 Cr (around $4.3 Mn) through a preferential allotment of shares.

According to an MCA filing assessed by Inc42, the startup's board has passed a resolution proposing issue of 49,941 Series A CCPS (Compulsorily Convertible Preference Shares) to Orios Fund, 3one4 Capital, Chiratae Ventures, Vistra ITCL, Enzia Ventures and ITI Growth Opportunities Fund, among others.

The CCPS with a face value of INR 10 each and premium of 6,838 apiece are offered to the investors to raise INR 34.19 Cr.

Out of INR 37 Cr, HexaHealth has already raised INR 2.80 Cr on April 3 via preferential shares issue of 4,089 Series A CCPS to five investors - Rahul Saraf, Ra...