India, May 22 -- Wearable healthtech startup Gabit has raised around Rs.36.2 Cr (about $3.7 Mn) in a fresh funding round from a clutch of angel investors, including Deepak Gupta, Arnab Basu, Manav Gupta, Vilas Dhar, among others.

According to MCA filings accessed by Inc42, Gabit's board approved the allotment of 4,274 pre-Series A5 CCPS in March at a face value of Rs.100 each and a premium of Rs.38,786 per share, aggregating to about Rs.16.6 Cr.

In a separate tranche approved in April, the startup allotted another 4,573 pre-Series A5 CCPS at the same issue price, raising an additional Rs.19.6 Cr.

The funding appears to be part of an ongoing round. Queries sent to the startup did not elicit a response till the time of publication.

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