Leixir, dental Labs firm raises $4 Million from IvyCap Ventures
CoolAvenues Newswire | September 08,2014 04:36 pm IST
IvyVentures is investing $4 Million in Leixir Lab Group. Leixir Group Lab is a an International group with full-service, state-of-the-art dental laboratories with a focus on Digital Dentistry.
Leixir a Gurgoan based company runs dental labs chain in North America through its group companies has raised $ 4 Million from IvyCap Ventures.
The company focuses on providing intra-oral scanners to the dentists. The labs are located strategically in US and Canada to provide dentists with a complete range of crown and bridge, implant, surgical guides, dentures and oral scanners to dentist.
The company will expand its operations in Indian markets. It plans to build a hub-and-spoke model where it will create one hub in India and set up manufacturing base in India. The company is currently setting ip a hub in Delhi NCR region which will be functional in 18 months.
Harmeet Bindra, founder and CEO of Leixir, said, “The hub-and-spoke business model of Leixir’s group companies’ combines touch and technology with scale efficiencies to be the most cost efficient, one-stop solution provider to the dental offices in North America.”