Healofy, has raised $8 million from BabyTree Group, a maternity and child-focused community (M&C) platform in China, BAce Capital, a fund anchored by Ant Financial Services Group and existing investor Omidyar Network India, an investment firm focused on social impact. The company plans to invest the funds to further strengthen the product, engineering and data science teams and scale its machine learning & personalization engine.

(Economic Times)