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Healthtech startup Docplix raises Rs 1.2 Cr in bridge round

EntrackrEntrackr · 1y ago
Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
Medial

Healthtech startup Docplix has raised Rs 1.2 crore in its bridge round led by Inflection Point Ventures. Earlier in March this year, DocPlix had raised Rs 5 crore in its pre-Series A round led by Eris Lifesciences with the participation of other angel investors. In February 2022, it raised Rs 1.2 crore in seed round. The fresh proceeds will be used for product development, AI integration, and market expansion, Docplix said in a press release. This will involve enhancing its EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding its market reach. Founded by Varun Garg, Aayush Garg, DocPlix’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics. Additionally, innovative visualization tools make patient data easy to understand, enhancing patient care and clinic efficiency. The startup claims to serve over 2,000 doctors, extending its reach through programs and remote clinics in tier-II and tier-III cities to address healthcare needs in underserved areas.

Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round

EntrackrEntrackr · 5m ago
Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round
Medial

Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round MedVital, a medtech startup focused on skin repair and wound care, has raised Rs 8.4 crore in its pre-seed round led by Nihar Parikh’s 4point0 Health Ventures. The round saw participation from founders of Tata 1mg, NephroPlus, SafeExpress, Eye Q Hospital, Hexa Health, and AstroTalk. The proceeds will be used to expand MedVital’s product portfolio, strengthen its supply chain, and broaden its distribution network to cover hospitals, clinics, and home-care settings. Co-founded by Varun Gupta and Tarun Bansal, MedVital is a full-stack platform for wound care and minimally invasive aesthetics, integrating monitoring and next-generation biomaterials. MedVital’s flagship product, NoWound, is a negative pressure wound therapy (NPWT) device designed for controlled healing of complex wounds. The device is compact, digitally enabled, and locally manufactured. The startup plans to introduce liquid chitosan-based dressings and expand into dermal and hair regeneration solutions.

GenAI startup Origamis AI raises $500K in seed round

EntrackrEntrackr · 8m ago
GenAI startup Origamis AI raises $500K in seed round
Medial

Snippets GenAI startup Origamis AI raises $500K in seed round GenAI startup Origamis AI has raised $500K in a seed funding round co-led by Vikas Gautam and Naveen Agarwal. The proceeds will be used to accelerate the development of the orchestration platform and take the platform and agents to the global market, Origamis said in a press release. Co-founded by Manas Agrawal, Ankit Agrawal, and Alexander George, Origamis AI offers a platform that orchestrates Generative AI (GenAI) components to build scalable enterprise applications. The startup aims to advance its mission of providing accessible, reliable, and transformative GenAI solutions. The Bengaluru-based company addresses the growing enterprise need for secure, compliant, and cost-effective AI. By combining robust data protection, risk mitigation, and fairness frameworks, it helps businesses confidently deploy AI while minimizing risks. Origamis AI offers pre-built agents that deliver immediate results across industries. Pic Agent streamlines visual search and automated meta-tagging in fashion, while Docu Agent simplifies document-based productivity for sectors like healthcare and finance. Data Agent enables natural language interactions with databases, opening opportunities for data-driven decision-making. The platform combines these specialized tools with its foundational platform, helping enterprises and SMEs boost operational efficiency, enhance workforce productivity, and unlock new sources of customer value. According to Origamis AI, its pre-built GenAI agents are designed to eliminate domain-specific challenges in industries such as fashion, BFSI, commerce, healthcare, and trading. These AI agents deliver immediate impact by automating tasks, optimizing workflows, and generating actionable insights.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 2m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 3m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 6m 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.

Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners

EntrackrEntrackr · 7d ago
Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners
Medial

Snippets: Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners Data security company Matters.AI has raised Rs 55 crore (6.2 million dollars) in a seed funding round co-led by Kalaari Capital and Endiya Partners, along with participation from Better Capital, Carya Venture Partners, and cybersecurity angels. The Bengaluru-based startup had previously raised Rs 13 crore in a pre-seed funding round from Better Capital and Carya Venture Partners. The proceeds will be used to accelerate research and development in predictive detection, expand go-to-market operations in India and the US, and strengthen engineering and customer success teams serving regulated industries under the DPDP framework, Matters.AI said in a press release. Co-founded in 2024 by Keshava Murthy and Harsh Sahu, Matters.AI is an AI-native data security platform that thinks like an engineer. By unifying DSPM, Insider Risk, DDR, Exfiltration Defense, and DLP into one intelligent layer, it understands what data means, who is interacting with it, and why, stopping threats before they become incidents. The platform aims to protect enterprises across India and the world. According to Matters.AI, the AI Security Engineer is a self-learning system that understands how sensitive data behaves, predicts misuse before it happens, and responds autonomously across cloud, SaaS, endpoints, and on-premises environments. It uses semantic graphs and predictive models to understand context and intent. Matters.AI offers full stack visibility including endpoint visibility and control through real-time data tracing, data lineage and fingerprinting to track how data moves and why, on-premises and SaaS deployments for hybrid enterprises, GenAI governance across ChatGPT, Gemini, and Copilot, and native integrations with Zoho, Snowflake, Salesforce, AWS, Azure, GCP, and Databricks. It competes with other notable players in this space such as Cyera, Orca Security, and Palo Alto Networks.

Metalbook raises Rs 25 Cr debt from Northern Arc

EntrackrEntrackr · 1y ago
Metalbook raises Rs 25 Cr debt from Northern Arc
Medial

Full-stack metal supply-chain platform Metalbook has raised Rs 25 crore or (approximately $3 million) from Northern Arc. This is the first debt financing for the Delhi-based company. In February 2024, it raised $15 million led by Rigel Capital in Series A round. Metalbook’s board passed a special resolution to issue 250 non-convertible debentures at a face value of Rs 10,00,000 each to raise the above-mentioned sum, its regulatory filing sourced from Registrar of companies (RoC) shows. Founded in 2021, Metalbook is a full stack platform which helps businesses including SMEs with procurement, inventory liquidation, logistics, and credit among others. It claims to work with over 500 manufacturers, dealers and suppliers such as ArcelorMittal Nippon Steel, Tata Steel and JSW across 16 countries. In August last year, Axilor had led a $5 million seed round in Metalbook. The Delhi-based company is yet to disclose FY23 numbers but its revenue from operations stood at Rs 85.39 crore in FY22. Its losses also increased to Rs 25.90 crore in the same period. At the time of its Series A round in February, Metalbook said that it’s anticipating to achieve an annualized revenue run rate of $200 million by the end of FY24.

Dashcam startup Cautio raises Rs 11 Cr in seed round

EntrackrEntrackr · 6m ago
Dashcam startup Cautio raises Rs 11 Cr in seed round
Medial

Dashcam startup Cautio raises Rs 11 Cr in seed round Video telematics startup Cautio has raised Rs 11 crore as part of its ongoing seed round. The round saw participation from 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, Ministry of Electronics and IT (MeitY) through PIEDS-BITS Pilani, and CARS24 Founders - Gajendra Jangid and Vikram Chopra. The proceeds will be utilized to expand its technology across India, strengthen AI capabilities, and work closely with fleets to build a culture of proactive safety, Cautio said in a press release. Co-founded in 2023 by Ankit Acharya and Pranjal Nadhani, Cautio is a video telematics company that aims to make Indian roads safer through AI-powered dashcams. By delivering real-time insights and 24/7 monitoring, the platform helps fleets prevent risks, ensure compliance, and drive with confidence. With its affordable and intelligent fleet safety solutions, it is transforming mobility by empowering fleet operators and drivers to enhance safety, minimize risks, and build a smarter, more secure future on the road. Cautio says that it is trusted by mobility and logistics providers like Shoffr, Euro Cars, Namma Yatri, IITs, and Cityflo among others. The company operates in over 35 cities across India, and has also delivered over 50 crore location data points through its APIs.

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