Bengaluru, April 6 -- Healthtech startup Pristyn Care is in talks to raise a fraction of the money it has been trying to secure for about a year, making the latest negotiations crucial for the company's growth.

Pristyn, founded as a startup dealing in minimally invasive surgeries, is in talks to secure $7-10 million for Beatxp, its fitness-tech business that sells massage guns and weighing scales. Negotiations are on with several investors including existing backer Peak XV Partners, according to two people in the know.

The specifics of the deal are being worked out and a term sheet is expected to be signed in two weeks, one of them said.

"The deal has been in the works for some time now and is likely to be finalized in two weeks. The f...