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SaveIN Raises ₹37 Crore in New Funding Round to Scale Healthcare Fintech Solutions in India

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SaveIN

Gurugram-based healthcare-focused fintech startup SaveIN has raised ₹37 crore ($7.5 million), pushing the total funding raised by the Y Combinator-backed startup to over ₹100 crore (~$12 million). According to the company, the fresh capital will be directed towards scaling its no-cost EMI offerings, enhancing its healthcare provider network, and accelerating the development and expansion of … Read more

MemryX Secures $44 Million in Series B Funding to Advance Edge AI Innovation

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Memryx

MemryX, a leading provider of cutting-edge Edge AI semiconductor solutions, has successfully raised $44 million in its Series B funding round. This milestone, backed by a mix of new and existing investors, underscores the growing industry confidence in MemryX’s AI acceleration technology. The funding comes at a pivotal time, following the production readiness of the … Read more

OSSO Secures $250,000 Pre-Seed Funding to Revolutionize Orthopaedic Care

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OSSO, a pioneering health startup specializing in orthopaedic solutions, has successfully raised $250,000 in its pre-seed funding round led by Blume Ventures Founders Fund. The investment round also saw participation from notable industry leaders, including Sahil Jindal (MD, DS Jindal Group), Akash Gupta (Founder, Zypp Electric), Varun Sheth and Zaheer Adenwala (Founders, Ketto), Brijraj Bhuptani … Read more

goSTOPS Raises ₹35 Crore in Series A Funding to Expand India’s Youth Travel Experience

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[L-R] Pankaj Parwanda & Pallavi Agarwal, Co-founders of goSTOPS

goSTOPS, a leading travel hostel brand catering to young travelers, has secured ₹35 crore in its Series A funding round, led by Blume Ventures with co-lead investment from 1Crowd. The fresh capital infusion will drive the company’s aggressive expansion plans as it looks to scale its presence across India. Expanding the Footprint: From 2,500 to … Read more

Felicity Games Secures $3 Million to Expand Global Mobile Game Publishing

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Felicity Games

Accelerate Capital (Singapore), MIXI Global Investments (Tokyo), DeVC, and Visceral Capital. This investment further reinforces investor confidence in Felicity’s vision to scale the Indian gaming ecosystem globally. The funding comes at a time of rapid growth for Felicity Games, which has now surpassed $1 million in annual recurring revenue (ARR) and exceeded 1 million downloads … Read more

Leap Finance Secures $100M Debt Facility from HSBC to Expand Global Education Loans

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Leap Finance, the student lending division of Leap, has secured a $100 million debt facility from HSBC under its ASEAN Growth Fund. This follows Leap’s $65 million Series E equity raise in January, bringing its total funding to over $400 million. This new funding will support Leap Finance’s expansion in the U.S., strengthen university partnerships, … Read more

Phot.AI Secures $2.7M in Seed Funding to Revolutionize AI-Driven Creative Automation

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Phot.AI, an AI-driven creative automation platform, has raised $2.7 million in seed funding to transform the way e-commerce brands, advertisers, and marketplaces create and optimize visual content. The funding round was led by Info Edge Ventures, with participation from Together Fund, AC Ventures, and over 50 angel investors. Founded in 2023 by Venus Dhuria, Aneesh … Read more

indē wild Secures $5 Million in Funding to Expand Global Presence in Ayurveda-Inspired Beauty

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indē wild, the pioneering Ayurvedistry™ beauty brand co-founded by global entrepreneur Diipa Büller-Khosla, has successfully closed a $5 million funding round. The investment was led by Unilever Ventures, with continued support from SoGal Ventures and True. This milestone follows indē wild’s rapid expansion in India, the US, and the UK, where it has emerged as … Read more

Zeelab Pharmacy Secures $2.4 Million in Funding to Transform Affordable Healthcare in India

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Zeelab Pharmacy

Zeelab Pharmacy, a leading omni-channel healthcare brand, has raised $2.4 million in its maiden funding round led by OTP Ventures. This investment marks a significant milestone for the company, which is committed to providing medicines at up to 90% lower cost, making affordable healthcare a reality for millions of Indians. Aggressive Expansion Plans The funding … Read more

HostBooks Secures $5 Million Funding from Orange Orbit LLP to Accelerate Global Expansion

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HostBooks, a leading provider of automated cloud-based accounting solutions, has successfully secured $5 million in funding from Orange Orbit LLP. This strategic investment marks a significant milestone for HostBooks, enabling the company to fast-track its global expansion and further enhance its innovative suite of services for businesses worldwide. Driving Innovation in Cloud Accounting Founded with … Read more

Elon Musk’s xAI Raises $6 Billion to Compete in the AI Market

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Elon Musk’s artificial intelligence startup, xAI, has successfully raised $6 billion in its latest funding round, cementing its position as one of the world’s most valuable AI companies with an estimated valuation of $50 billion. This development comes as xAI intensifies its competition against industry leaders like OpenAI, which is valued at $157 billion. Key … Read more

Mindgrove Technologies Secures $8 Million Series A Funding to Advance Semiconductor Innovation

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Sharan Srinivas J (CTO) and Shashwath TR (CEO), Mindgrove Technologies

Mindgrove Technologies, a Chennai-based fabless semiconductor design startup, has announced raising $8 million in its Series A funding round. The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital, and new investor Anshul Goel. Expanding Horizons with Fresh Capital The funds will be utilized … Read more

EPACK Prefab Raises $20 Million in First Funding Round to Boost Sustainable Modular Construction

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New Delhi, December 23, 2024: EPACK Prefab, a leader in pre-engineered buildings (PEB), prefabricated modular structures, and insulation products, has announced raising $20 million in its inaugural funding round led by GEF Capital Partners, a prominent global private equity fund. Advancing Sustainability in Modular Construction This funding underscores EPACK Prefab’s commitment to sustainability, leveraging modular … Read more

SOUKYA Embarks on Global Expansion with INR 220 Cr Investment in Portugal

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SOUKYA, India’s first NABH-accredited AYUSH hospital and a global leader in integrative medicine, is expanding its footprint internationally with a landmark INR 220 Cr investment in Portugal. Founded in 2002 by renowned holistic health specialist Dr. Isaac Mathai, SOUKYA’s first international venture will bring its unique blend of traditional and natural healthcare practices to Europe. … Read more

QuiD Cash Raises $4.5 Million to Revolutionize Supply Chain Financing

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Bangalore-based B2B supply chain digital lending platform, QuiD Cash, has announced raising USD 4.5 million in a funding round comprising equity and lending capital. The funding round saw participation from new investors, with MINTCAP, an existing investor, reaffirming its support. This funding follows the seed round raised in March 2024 and marks a significant step … Read more

Evinced Secures $55M in Series C Funding to Revolutionize Digital Accessibility with AI-Powered Solutions

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Evinced, the leading software company driving accessible web and mobile development, has announced a successful $55 million Series C funding round, bringing its total funding to $112 million. The round was led by Insight Partners, with participation from existing investors M12 (Microsoft’s venture fund), BGV, Capital One Ventures, and Engineering Capital. Additionally, Evinced welcomed Vertex … Read more