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Medical tourism company Global Care raises $3 Mn

EntrackrEntrackr · 10m ago
Medical tourism company Global Care raises $3 Mn
Medial

Non-hospital medical tourism company Global Care has raised $3 million in Series A funding round led by 35North India Discovery Fund – II. The funds will be used to build clinical excellence through strategic consulting and facilitating convenient access to patient care, Global Care said in a press release. Launched in 2016 by Rajeev Taneja, Global Care offers cutting-edge medical care across specialties in India, Turkey, Dubai, Egypt, Germany, and Thailand. It aims to bridge healthcare divides worldwide. The company intends to expand healthcare services internationally and create a global ecosystem of clinical services as healthcare consultants covering aspects like building clinical corridors while supporting patients who cannot be treated in their home country. According to Global Care, it will focus on Eastern Africa, Francophone Africa, the Middle East, Central Asia, SAARC nations, South-East Asia, as well as the Middle East, and North Africa for its expansion. India Discovery Fund – II has backed companies like SpeedLabs (Teevra Edutech), Nukleus Office Solutions, Cloud Tailor, Stupa Analytics, Big Bang Boom Solutions, Aatwri Aerospace and Defence, HomePecked, and Beshak.

Defense tech startup Zebu raises $1 Mn in pre-Series A round

EntrackrEntrackr · 2m ago
Defense tech startup Zebu raises $1 Mn in pre-Series A round
Medial

Defense-tech startup Zebu has raised $1 million in a pre-Series A financing round led by Bluehill VC. The proceeds will be used to accelerate four of its mission-critical drones from prototype to battlefield deployment, supporting India’s defense modernization and strengthening indigenous military capabilities, Zebu said in a press release. Launched in 2021 by Santosh Balajee Banisetty, Zebu is a defense-tech startup that develops mission-ready counter-drone systems for armed forces globally. The startup has introduced four products for the Indian armed forces, including a hostile drone-neutralizing IAF Net Drone with a six-cartridge system, a sea-surface combat and rescue drone for the Indian Coast Guard, a swarm-enabled offensive combat drone for the IAF, and a tethered surveillance drone for Army border patrols. According to market research, the global counter-drone market is expected to reach $11 billion by 2030. The Hyderabad-based company stated that the IAF Net Capture Drone—a sky sentinel capable of trapping hostile drones mid-air like a futuristic spiderweb—has evolved from a skeletal model to radar integration over the last six months and is now approaching military-grade certification milestones. It is also in advanced talks with a top defense manufacturer to supply its drones. Zebu is building an Anti-Drone Swarm System for the Air Force, featuring rapid-fire pneumatic launchers and set for operational readiness by late 2025. It is designed to overwhelm enemy drones with coordinated strikes. The Army’s 24x7 “Eye in the Sky,” the Tethered Surveillance Drone, could see mass deployment by mid-2025, offering uninterrupted border monitoring and already approved by multiple regiments. Beyond government contracts, Zebu is expanding into commercial markets by adapting its military-grade technology for enterprise use. It claims that its proprietary Ground Control Station (GCS) is attracting strong interest from private OEMs across India, the U.S., and Southeast Asia.

Dronetech startup Airbound raises $1.7 Mn in seed capital

EntrackrEntrackr · 7m ago
Dronetech startup Airbound raises $1.7 Mn in seed capital
Medial

Drone technology startup Airbound has raised $1.7 million in a seed round led by Lightspeed, with additional participation from gradCapital and other angel investors. The Bengaluru-based company had previously raised $50.1K. Airbound plans to deploy the fresh funds towards R&D efforts, initially focusing on medical deliveries, such as routine supply transportation from health centers to testing labs. The company also aims to expand into other applications, including food and grocery delivery, where reducing logistics costs can significantly boost profitability, according to a press release. Founded in 2020 by Naman Pushp, Airbound is a drone delivery company focused on building next-generation drones that can reduce last-mile delivery costs by over two orders of magnitude. The company claims to overcome key technological bottlenecks, condensing 30 kg of hardware into 1 kg, which improves safety, scalability, and operational costs. Its proprietary blended wing body tailsitter design, known as TRT, aims to transform logistics. Airbound states that its TRT design will produce the lightest, safest, and most economically viable delivery drone, reducing delivery costs to just a few cents. The company asserts that its drone is over three times lighter than conventional alternatives, with four times the aerodynamic efficiency, significantly lowering both upfront and operational expenses. Airbound meticulously examines every vehicle system to reduce weight, enhance safety and reliability, and maximize efficiency. It has introduced innovative carbon fiber manufacturing methods, allowing the weight of the airframe to be reduced from 6 pounds to just 400 grams. In India, Airbound competes with Red Wing and Tech Eagle, while it competes with companies like Wing and Zipline globally.

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