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Frinks AI raises $5.4 Mn in pre-Series A round
Entrackr
ยท
2m ago
Medial
Frinks AI, a deep-tech startup focused on visual inspection and quality control in manufacturing, has raised $5.4 million in its pre-Series A funding round led by Prime Venture Partners. Existing investor Chiratae Ventures, along with Navam Capital and Zen Technologies founder Ashok Atluri, also participated. With this round, the total funding raised by the startup stands at $6.25 million. Founded by Aditya Agrawal, Dharmgya Sharma, and Subhra S. Bhattacherjee, Frinks AI builds foundational Vision AI models tailored for industrial use cases. These models enable manufacturers to automate quality checks and reduce defects. The platform is currently deployed across 1,000 production lines in sectors such as automotive, consumer goods, building materials, and medical devices. The proceeds will be used to expand in international markets, with a focus on the U.S., and strengthen R&D efforts. It is also exploring partnerships with automation companies and OEMs to scale its joint go-to-market strategy.
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India Quotient backs furniture startup Furnishka; Ai Health Highway raises $1 mn
VCCircle
ยท
10m ago
Medial
- Furnishka, a furniture retailer based in Bengaluru, has raised Rs 27 crore ($3.2 million) in a pre-Series A funding round, led by India Quotient. - The funding will be used to improve product design, manufacturing, supply chain capabilities, and expand to new locations. - Furnishka aims to expand its product categories, open six large-format stores, and create educational content for customers. - Ai Health Highway, a healthtech startup, has secured $1 million in a pre-Series A funding round. - The funding will be used to strengthen its market position, speed up international regulatory approvals, and enhance AI/ML capabilities in the cardio-respiratory sector.
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Spacetech startup SatSure raises $15 Mn in Series A funding
Entrackr
ยท
1y ago
Medial
SatSure, a satellite Earth observation data and analytics provider, has secured $15 million in a Series A round led by Baring Private Equity Partners (BPEP) and Promus Ventures, with participation from Omidyar Network India and xto10X, alongside existing investors. The funding will support the launch of four high-resolution satellites by Q4 2025 and expand the company's presence in the US and Asia-Pacific regions. SatSure leverages satellite imagery and AI to provide decision intelligence for industries like agriculture and banking, aiming to enhance profitability and operational efficiency. The funding follows a $5 million pre-Series A round in February 2022 and strategic funding from ICICI and Kotak Mahindra Bank.
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Tiger Global-backed Battery Smart raises $33 Mn in pre Series B
Entrackr
ยท
2y ago
Medial
Battery swapping network Battery Smart has raised $33 million in a pre-Series B funding round. The round saw participation from the startupโs existing investors Tiger Global and Blume Ventures and new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII).
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Sportstech Platform KheloMore Raises $2 Mn in Funding
Inc42
ยท
1y ago
Medial
Indian sportstech startup KheloMore, with 500,000 users, has raised $2 million in a Pre-Series A funding round. The funding will be used to expand its platform into new cities and launch cricket academies. KheloMore offers AI-powered coaching and venue bookings, aiming to make sports more accessible in India. The investment was led by Clear Bridge Ventures and Ashwin Damera, founder of edtech unicorn Eruditus. The startup plans to expand into cities like Delhi, Ahmedabad, and Rajkot, and establish a network of training centers.
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DesignX raises $2 Mn in pre-Series A round led by Rockstud Capital
Entrackr
ยท
9d ago
Medial
DesignX raises $2 Mn in pre-Series A round led by Rockstud Capital Noida-based DesignX has raised $2 million in a Pre-Series A funding round led by Rockstud Capital, with participation from We Founder Circle, Piper Serica, and existing clients. The proceeds will be used to expand across India and international markets, and to enhance the platform's AI and integration capabilities. Founded in 2015 by engineers Rajat and Nishant Srivastava, the firm offers a digital factory operating system (Df-OS) that digitizes over 600 factory floor processes and integrates with existing ERP, IoT, and enterprise tools to provide real-time operational insights. DesignX currently serves clients including Unilever, Suzuki, Dabur, Hero, and others across sectors like automotive, FMCG, and pharma. It competes with players such as Precog, Infinite Uptime, and Lynkit in the Industry 4.0 and smart manufacturing space.
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ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia
Entrackr
ยท
6m ago
Medial
ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia Healthtech startup ErlySign has raised Rs 16 crore ($1.8 million) in its pre-Series A round from Ashish Kacholia. The proceeds will be used in clinical trials, securing CDSCO (Central Drugs Standard Control Organisation) approvals, and bringing ErlySignโs oral cancer detection kit to market. Founded in 2019 by Shubhendra Singh Thakur and Deovrat Begde, ErlySign develops solutions for early detection of oral cancer. The startup also claims to offer Indiaโs first salivary biomarker-based test which can identify pre-cancerous conditions much before visible symptoms emerge. Looking ahead, ErlySign plans to use CRISPR miRNA-based testing technology to detect multiple types of cancer using the same saliva sample within 15โ20 minutes.
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Ice cream brand Go Zero raises $1.5 Mn
Entrackr
ยท
1y ago
Medial
Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.
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Healthify Raises $20 Mn For US Expansion
Inc42
ยท
9m ago
Medial
Healthify has concluded its Pre-Series D funding round at $45 million, which will be used to expand globally, particularly in the United States, and enhance its artificial intelligence capabilities. The startup reported operational profitability in India and aims to achieve positive earnings before interest, taxes, depreciation, and amortization (EBITDA) by the end of fiscal year 2025.
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Bare Anatomy parent Innovist raises $7 Mn from Amazon Smbhav Venture Fund, others
Inc42
ยท
1y ago
Medial
Innovist, the parent company of D2C consumer brands Bare Anatomy and Chemist at Play, has secured $7 million in a Series A funding round led by Amazon Smbhav Venture Fund. Other existing investors, including 72 Ventures, the family office of Nykaa founder Falguni Nayar, and former KKR India head Sanjay Nayar, also participated in the round. The funds will be used for product innovation, market expansion, and team building. Innovist raised $3.5 million in a pre-series A funding round last year and has garnered over $13 million in total funding.
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GreenFortune raises $4.5 mn funding round led by Foundamental
Inshorts
ยท
4m ago
Medial
GreenFortune, a Hyderabad-based windows and doors brand, secured $4.5 million in a Pre-Series A round led by Foundamental, with Titan Capital Winners Fund and Incubate Fund Asia. The funds will drive national expansion, scale production sixfold, and enhance its tech platform. GreenFortune aims for โน250 crore ARR in two years while revolutionising Indiaโs fenestration industry.
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