Orthopedic recovery product startup Lumov raises $1.2 Mn led by Incubate Fund

Bengaluru-based orthopedic recovery product startup Lumov has raised $1.2 million (Rs 10 crore) in a seed funding round led by Incubate Fund Asia. 

The round also saw participation from QRG Investments & Holdings (Havells Family Office), IIMA Ventures, SIDBI, and a group of angel investors, including Ashish Gupta, Saket Narang, Abhishek Goyal, and Arjun Vaidya, among others.

The proceeds will be used to expand operations, deepen surgeon partnerships, and accelerate the development of new products. It also plans to scale its presence across Delhi NCR,…