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Hikma Ventures leads Series A extension in NuvoAir

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Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that its venture capital arm, Hikma Ventures has led a $11 million USD round of financing for NuvoAir, a leading digital health company for chronic disease management and decentralized clinical trials that focuses on complex patients, initially targeting respiratory conditions such as COPD and asthma. The investment is an extension of … Read more

Mantra Health Secures $22M Series A Funding

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Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more

NFT marketplace Diginoor.io raises $1 million funding

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Diginoor, an Indian NFT marketplace that launched with Rajinikanth movie NFTs, announced $1 million in its seed funding. The round saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others. Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim & Yash Rathod, Diginoor aims … Read more

Foodtech Platform Pluckk Raises $ 5M In Seed Funding

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Pluckk

Exponentia Ventures, a fund focused on new company ideas in both the B2C and B2B space, has invested USD 5 million in PLUCKK (A brand owned by Fruveggiie Tech Pvt limited), a fresh produce food-tech firm. Pluckk, founded by Pratik Gupta in 2021, intends to become India’s first digital commerce company, serving the growing demand … Read more

L&T Technology Services Wins USD45 Million EV Deal from U.S. Auto Tier 1

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L&T Technology Services Limited, a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio. Under the terms of the 5-year agreement, LTTS … Read more

Sahicoin, a social platform for crypto users, raises $1.75 million in seed funding from Alameda Ventures (FTX), Better Capital, and other investors

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Sahicoin, the world’s first crypto native social platform, has raised $1.75 million in the latest seed round led by Alameda Ventures (FTX), Better Capital Ventures, and other institutional investors. The fresh round of funding will be deployed to scale the team across engineering & product, and grow the platform. Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput, and … Read more

Aerostrovilos Energy, A Mumbai Angels Portfolio Company Secures INR 3.5 Cr

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Aerostrovilos Energy, a Mumbai Angels portfolio company and an IIT Madras-incubated firm, has received INR 3.5 crore in seed finance from Tube Investment of India, a Murugappa Group company. Aerostrovilos Energy is a firm based out of IIT Madras that is developing India’s first gas turbine for power generation. Gas turbines are generally utilised for … Read more

Pioneering Refurbished Electronics Startup, Qarmatek, Raises USD 3 Mn

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Qarmatek, an electronics renewal and refurbishment firm backed by GVFL (Gujarat Venture Finance Limited) and Caspian Debt, has acquired $3 million in Series A funding. The funds will be used to expand its newly launched B2C refurbished and rejuvenated electronics marketplace, MOBEX. Qarmatek began as a B2B electronics repair and refurbishment partner for major device … Read more

Early Cancer-Detection Start-Up Epigeneres Biotech Raises USD 6 Mn

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funding

Epigeneres Biotech, situated in Mumbai and the only licensee of Singapore-based Tzar Labs in India, has raised USD 6 million in a Series B fundraising round. Epigeneres Biotech unveiled an early detection cancer test (co-developed with Tzar Labs, Singapore – a specialised molecular diagnostic firm) in May 2021, with a groundbreaking breakthrough in RNA bio-markers … Read more

Your-Space Student Housing Startup, Raises USD 10 Million in Series ‘A’ Funding

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Your-Space, India’s premier student housing Company raised USD 10M in Series-A funding (a combination of pure equity and convertible debentures) led by the personal investment from Mr. Shantanu Rastogi (of General Atlantic) and Mr. Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Limited, which also saw participation from Mr. Manish … Read more

Grain commerce platform Arya.ag raises $60 mn

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Arya.ag, an agritech business, has raised $60 million in a Series C funding round headed by Asia Impact SA, a Luxembourg-based investment group. Existing investors, such as Lightrock India and Quona Capital, took part in the fundraising as well. According to a top company official, the company’s post-money valuation has surpassed $300 million. Arya is … Read more

B2B healthtech platform HEAPS raises Rs 550M in Series A Funding

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Heaps Health Solutions, an AI-driven healthtech B2B SaaS platform, secured Rs 550 million in a Series A round from high-net-worth individuals and family offices on Monday. The Rajiv Dadlani Group and Mumbai-based NVS Wealth Managers, founded by Nalin Shah and Jesal Shah, led the round. The worldwide healthtech platform and SaaS provider, founded by Dr … Read more

ZingHR raises $10 million funding from Tata Capital Growth Funds

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Cloud-tech HR venture ZingHR has raised $10million from Tata Capital Funds, which will give the latter a 33% stake in the company. The company will use the funding for expansion into more global markets, upgrade technology and scale up its talent pool. “We are thrilled to announce that we have bagged $10 million funding from … Read more

ORAI Raises INR 6.5 Cr In Pre-Series A Funding

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ORAI, a conversational AI platform, has raised INR 6.5 crore in a Pre-Series A round headed by Inflection Point Ventures, one of India’s most well-known angel investment platforms. ORAI is solving a major problem by providing 100 percent AI-powered automation with all advanced capabilities in a single bot that handles all customer care, customer outreach, … Read more

Healthtech Startup Traya Raises USD 2.2 Mn In Pre-Series A Funding

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Traya, a holistic hair care platform, has secured $2.2 million in a pre-Series A fundraising round headed by Fireside Ventures, with existing investors Kae Capital and Whiteboard Capital participating. Traya has taken it upon itself to make a difference in the hair market by offering a holistic approach to hair loss management. The cash will … Read more

Gaming Streaming Startup Turnip Raises $1.63M Seed Funding

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Turnip, a mobile-first gaming community network, has raised $12.5 million (Rs 92 crore) from Greenoaks Capital and Elevation Capital in a Series A round of funding. Pooja Dubey and Aditya Sharma founded Turnip in April 2020 to allow creators to join clubs where they can stream or record their games for fans, communicate on audio/video, … Read more

TheMathCompany raises $50 mn In recent funding

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A fresh round of fundraising headed by Brighton Park Capital has raised $50 million for TheMathCompany, a data analytics and data engineering startup. This round was also attended by Arihant Patni. TheMathCompany received financial advice from Avendus Capital and legal advice from Shardul Amarchand Mangaldas & Company. TheMathCompany is a data science, data engineering, and … Read more

True Global Ventures Invests US$5 Million Into ChromaWay

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True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational database systems with the secure … Read more

Deep tech startup Praan raises $1.56 mn funding

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Praan, a California and Mumbai-based firm, has announced a $1.56 million investment round headed by Social Impact Capital, with participation from Better Capital, Paradigm Shift Capital, and Avaana Capital, as well as Texas-based Quality of Life Investments (Angel Syndicate) Praan was founded in 2017 by Angad Daryani with the goal of helping people breathe healthier … Read more

Neobank Kaleidofin Raises $10 Mn in Series B Funding

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The Michael & Susan Dell Foundation led a $10 million Series B fundraising round for Kaleidofin, a neo-bank with a purpose to help consumers achieve their real-life goals by providing intuitive and personalised financial solutions. KaleidoPay is a suite of comprehensive payment solutions that includes KaleidoCredit, a credit as a platform service for lending and … Read more