HBox.ai, a healthtech firm, has raised $700,000 in a seed fundraising round led by Arali Ventures to expand its market reach and product stack. HBox, which was founded in 2021, launched its initial offering, ‘Remote Patient Monitoring-as-a-Service,’ with one clinic in March 2021. HBox has signed customers in eight US states since then, resulting in … Read more
Rapido, a bike taxi startup based in Bengaluru, has secured $177.5 million in a fundraising round led by food delivery aggregator Swiggy. Another new investor, TVS Motors, also participated in the round. Rapido’s current investors, WestBridge Capital, Nexus Ventures, and Shell Ventures, all contributed to the round. Swiggy was reportedly in talks to lead Rapido’s … Read more
9am.health, a fast-growing virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers, today announced a $16 million Series A funding round, bringing its total funding to date to nearly $20 million. The latest round was co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health and Leaps by Bayer, and existing investors Define Ventures and Founders Fund. 9am.health offers … Read more
Securden, an IT security startup based in Delaware and Chennai, announced on Wednesday that it had raised $10.5 million in a Series A fundraising round headed by Tiger Global. Together Fund, which focuses on software-as-a-service (SaaS), and Accel, a returning investor, also invested in the round. During Securden’s seed round of $1.2 million in July … Read more
Bengaluru headquartered, PhableCare, India’s largest chronic disease management company, has raised Series B funding of INR 187 crores (USD 25 Million) within one year of raising Series A. The round was led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in … Read more
Newfront, the modern insurance brokerage platform, today announced a $200 Million investment at a $2.2bn valuation led by the Growth Equity business within Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital. “The nature of risk has changed drastically over the past century but the insurance industry has not modernized … Read more
Surance.io has recently completed a round of financing from Tech Mahindra that acquired 25% equity of the start-up with an option to invest in additional 20%. The initial investment is at the amount of US$ 4 million which will support the global expansion of the strong player in the InsurTech industry. Surance.io is an innovative … Read more
Instoried, a user-friendly, intuitive web platform designed to help people craft empathetic and more effective written content, has announced that it has signed an agreement with the GEM Global Yield LLC SCS, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility … Read more
Glip, a creator tool suite for gamers to create and monetise, has raised $3 million in its pre-series A round led by Prime Venture Partners. The round also saw the participation of existing backers Better Capital and iSeed. Prominent angels include Paavan Nanda (WinZO), Nilay Arora (Tencent), Suhail Sameer (BharatPe), Ravish Naresh (Khatabook), Vivek Hallekere … Read more
Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate. Venus Aerospace is building a zero-carbon emission spaceplane that will enable one-hour global travel. One year after closing its … Read more
In a landmark development of taking the Indian EV Journey to a global leadership position, Triton EV has signed an MoU with the Gujarat State Government for setting up the world’s iconic EV Truck Manufacturing Plant with a minimum investment commitment of Rs 10 Thousand Eight Hundred Crore over a span of 5 years. The … Read more
Nazara Pte. Ltd., a wholly owned subsidiary of Nazara Technologies Limited, an India-based diversified gaming and sports media company, has made an investment in BITKRAFT Ventures, a US-based game fund. Nazara will invest USD 2.5 million in BITKRAFT Ventures, with USD 0.875 million going into the company right once and the remaining USD 1.625 million … Read more
Amit Chhajer has been named Director of Engineering at Lummo (previously known as BukuKas). Renuka Thakur, an ex-Shopify executive, has joined the SaaS company’s leadership team in India, which is based in Jakarta and Bengaluru (Product). Amit Chhajer joins the team with over 11 years of expertise. In his previous work at Dunzo, he was … Read more
Phantom Neuro, a burgeoning neurotechnology startup that delivers a low power, high accuracy system for lifelike control of robotic orthopedic technologies, today announced a $3.26 million funding round from leading international and U.S.-based investors. LionBird Ventures, which is headquartered in Tel Aviv and a leader in identifying winning pre-scale digital health companies, led the round with participation from Draper Associates, … Read more
New Delhi-based health and wellness brand, Welly, raises $400K in a Seed round from Anthill Ventures. Founded by Urvi Raghbeer, Welly was selected under Athena, a one-of-a-kind scaling program by Anthill ventures supporting women founders. The funds raised will be utilized by Welly to expand the product portfolio, increase the customer base, and grow the … Read more
Infosys a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire oddity, a Germany-based digital marketing, experience, and commerce agency. The move strengthens Infosys’ creative, branding and experience design capabilities, and demonstrates its continued commitment to co-create with clients and help them navigate their digital transformation journey. With more than 300 … Read more
