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Deep-tech startup AquaAirX raises Rs 12.5 Cr in seed round led by Rainmatter

EntrackrEntrackr · 3d ago
Deep-tech startup AquaAirX raises Rs 12.5 Cr in seed round led by Rainmatter
Medial

Deep-tech startup AquaAirX has raised Rs 12.5 crore in a seed funding round led by Rainmatter, the investment arm of Zerodha, founded by Nithin Kamath. The round also saw participation from Prime Venture Partners, Wyser, and India Accelerator. The proceeds will be used to strengthen the company’s core technology, including system autonomy, air-to-water transition reliability, sensing and communication capabilities, and to expand its engineering and research teams across robotics, autonomy, controls, and embedded systems, AquaAirX said in a press release. Co-founded in 2024 by Jitendra Kumar Purnmal Saini and Gouthami T S, AquaAirX is a deep-tech startup building next-generation autonomous amphibious and underwater robotic systems for defence and high-value commercial applications. The company develops amphibious drones capable of seamless transitions between aerial flight and submerged operations, along with a proprietary Hovering Autonomous Underwater Vehicle (HAUV) platform. In addition to its amphibious drone platform, AquaAirX is developing the HAUV for precise underwater inspection, monitoring, and intervention, targeting defence and high-value commercial use cases. According to the Bengaluru-based startup, it combines advanced autonomy, robotics, and mission-centric design to address critical gaps in maritime intelligence, surveillance, and reconnaissance, enabling safer, faster, and more cost-effective operations. The company works closely with defence and strategic partners and aligns with India’s vision for indigenous, future-ready defence technologies. Looking ahead, AquaAirX plans to deepen collaborations with Indian and international defence partners, scale up large-scale trials, and prepare for manufacturing, with the goal of entering defence and commercial markets by 2027. Over the past 12 months, the company has achieved Technology Readiness Level (TRL) 6 for its flagship amphibious platform.

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Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round

EntrackrEntrackr · 1y ago
Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round
Medial

Bubble tea brand Boba Bhai, a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 30 crore (around $3.4 Mn) in its Series A round led by 8i Ventures. The round also saw participation from existing backers, including Titan Capital Winners Fund, Global Growth Capital, and DEVC among others. Earlier, the startup raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The proceeds will be used to expand to new cities, scale operations, and introduce innovative menu offerings. Founded by Dhruv Kohli, Boba Bhai currently has 42 outlets in nine cities and plans to open over 150 stores by the end of the year. Approximately 70% of orders are generated through its website and platforms like Zomato, Swiggy, and ONDC.

Misochain Technologies raises Rs 18 Cr in seed round led by Capital-A

EntrackrEntrackr · 18d ago
Misochain Technologies raises Rs 18 Cr in seed round led by Capital-A
Medial

Misochain Technologies, a Bengaluru-based aerospace deep-tech startup, has raised Rs 18 crore in a seed funding round led by Capital-A. The company plans to use the funds to establish a manufacturing facility, enhance certification programs, and expand engineering, testing, and MRO capabilities for UAV manufacturers and global aerospace clients. Founded in 2019 by Rama Kandula and Murali Krishnan, Misochain focuses on developing indigenous aircraft components, reducing India's dependency on imports. Its product line includes air data probes, actuators, vibration isolation systems, and solenoid valves used in aircraft systems. Misochain employs a capital-efficient manufacturing model, outsourcing precision machining while handling design, assembly, testing, certification, and IP internally. The startup is part of MaXcel, an accelerator run by Capital-A and SanchiConnect.

Allo Health raises Rs 16 Cr in pre-Series A round

EntrackrEntrackr · 10m ago
Allo Health raises Rs 16 Cr in pre-Series A round
Medial

Allo Health raises Rs 16 Cr in pre-Series A round Sexual health startup Allo Health has raised Rs 16 crore ($1.83 million) in its pre-Series A round led by Rainmatter along with existing investors. Prior to this round, Allo had raised $4.4 million in seed funding led by Nexus Venture Partners, with participation from founders and operators, including Binny Bansal (Flipkart), Deepinder Goyal (Zomato), Rohit MA (Cloudnine), and Sandeep Singhal (Nexus). The proceeds will be used to ramp up clinic densification, invest in deeper technology capabilities, and enhance patient engagement as Allo continues to scale. Founded by Pranay Jivrajka, Allo has built a hybrid ecosystem that combines physical clinics, AI-powered treatment protocols, and trained medical professionals. Allo’s proprietary doctor training programs, AI-powered clinical decision support, and research-backed treatment helps it manage effectively. Since its inception, Allo claims to have treated over 200,000 patients across India, achieving a 85% improvement in patient outcomes, with over 35 clinics across major cities, including Bangalore, Mumbai, Pune, Hyderabad, Chennai, Mysore, and Ranchi.

Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 10m ago
Perkant Tech raises Rs 6.6 Cr in seed round
Medial

Perkant Tech raises Rs 6.6 Cr in seed round Indore-based health tech startup Perkant Tech has raised Rs 6.6 crore ($771K) in its seed round led by YourNest Venture Capital. The funding also saw support from the Government of India’s Atal New India Challenge (Rs 1 crore), Villgro Foundation (Rs 35 lakh), and Sanchi Connect (Rs 25 lakh). The proceeds will be used to help Perkant Tech improve its technology, grow its team, and prepare for a wider launch after successful tests. The firm also plans to add more features for detecting diseases early and helping in recovery tracking. Founded in 2020 by engineers Lokant Jain and Saniya Jeswani, Perkant Tech has created a smart AI-powered medical device that gives quick and clear health checks. Its main product, “Abhay Parimiti,” can scan a person’s health in under 60 seconds and works even in areas with limited doctors. Perkant’s technology is already patented in India and has a pending patent in the U.S. It is also aligned with India’s National Digital Health Mission. Its system can track over 700 body signals, helping people stay ahead of serious illnesses. The device is easy to use, making it helpful for both doctors and non-medical users in rural or remote places.

Dashamlabs raises Rs 12 Cr in seed round led by Speciale Invest

EntrackrEntrackr · 3m ago
Dashamlabs raises Rs 12 Cr in seed round led by Speciale Invest
Medial

Snippets Dashamlabs raises Rs 12 Cr in seed round led by Speciale Invest Co-founded in 2024 by Ankit Jhanwar, Apoorv Balwani, and Devakar Dhingra, Dashamlabs is a deep-tech materials company manufacturing silica-aerogel-based flexible sheets and insulation materials. Dashamlabs, a materials science company pioneering high-performance silica aerogel insulation materials, has raised Rs 12 crore in a seed funding round led by Speciale Invest, with participation from IIMA Ventures. The proceeds will be used to expand its R&D and production capacity, build pilot systems and collaborate with partners across oil & gas, EVs, defense, and construction to validate and scale its aerogel products, Dashamlabs said in a press release. According to the Delhi-based startup, its proprietary technology enables the production of flexible silica aerogel sheets with ultra-low thermal conductivity, high-temperature stability (from -150°C to 1000°C), hydrophobicity, and fire resistance. The company focuses on optimizing ethanol-based supercritical drying while advancing toward ambient-pressure drying for scalable and cost-efficient mass production. “We’re on a mission to make energy-efficient materials accessible across industries. By scaling advanced aerogels made in India, we aim to enable cleaner, safer, and more efficient technologies globally,” said Ankit Jhanwar, co-founder & CEO of Dashamlabs.

Content-commerce platform Lehlah raises Rs 12.5 Cr in seed round

EntrackrEntrackr · 10m ago
Content-commerce platform Lehlah raises Rs 12.5 Cr in seed round
Medial

Lehlah, a content-commerce platform that helps influencers earn money by recommending products, has raised Rs 12.5 crore ($1.46 million) in seed round led by Gruhas, an investment firm co-founded by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana Group. The proceeds will be used to introduce more features, grow its team, and strengthen its position in India’s booming influencer-led shopping space. Founded in December 2022 by Ashna Ruia, daughter of Essar Group director Prashant Ruia, Lehlah partners with major e-commerce platforms like Myntra, Meesho, Flipkart, and Nykaa, along with D2C brands such as Libas and Foxtale. The platform, which initially focused on fashion and beauty, is now expanding into home accessories and gadgets. The brand operates with a 50-member team, with its marketing division in Mumbai and the tech team in Bengaluru. Lehlah follows a commission-based model where brands pay the platform when sales happen through influencers. Influencers using Lehlah currently earn between Rs 50,000 and Rs 1,00,000 per month, showing the platform’s potential to create sustainable income for creators.

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