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HRtech startup Upraised raises Rs 25 lakh by UK-based Pontaq VC

IndianStartupNewsIndianStartupNews · 2y ago
HRtech startup Upraised raises Rs 25 lakh by UK-based Pontaq VC
Medial

Upraised, an HRtech startup based in Kolkata, has secured a funding round of Rs 25 lakh, led by UK-based Pontaq VC and facilitated through the Next Generation Incubation Scheme by Software Technology Park of India (NGIS-STPI). The funding will enable Upraised to enter the US and UK markets, enhance its technology infrastructure, hire new talent, and bolster its marketing efforts. Established in 2021 by Debarya Dutta, Upraised utilizes artificial intelligence (AI) to provide cognitive and aptitude assessments, aligning candidates with suitable job roles. Their machine learning algorithm matches candidates' strengths to relevant projects. Before this, the startup received funding from Pilani Innovation and Entrepreneurship Development Society (PIEDS) and the Nidhi entrepreneurship-in-residence (EIR) grant from the Department of Science and Technology (DST), Government of India, through IIM-Udaipur Incubation Centre.

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Supply6 raises $1.1 Mn in seed round led by Zeropearl VC

EntrackrEntrackr · 1d ago
Supply6 raises $1.1 Mn in seed round led by Zeropearl VC
Medial

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC Supply6, a direct-to-consumer nutrition brand focused on filling daily nutrient gaps, has raised $1.1 million (Rs 9.1 crore) in a seed round led by Zeropearl VC, with participation from entrepreneurs including Kunal Shah, Ashutosh Valani, Priyank Shah (Co-founders, Renee Cosmetics), and Yogesh Kabra (Founder, XYXX). The fresh funds will be used to expand the product pipeline, conduct clinical studies, launch new formats, and scale selectively in GCC and English-speaking markets. Supply6 also plans to strengthen leadership roles across growth, strategy, and product. Founded in 2020 by Vaibhav Bhandari and Rahul Jacob, Supply6 develops science-backed products built on the six fundamentals of balanced nutrition—protein, carbs, fats, fibre, vitamins, and minerals. Its flagship Supply6 360 sachet combines over 63 nutrients, probiotics, and plant-based superfoods to address hidden deficiencies common in Indian diets. The company recently launched Supply6 Salts, a zero-sugar hydration mix. Supply6 sells its nutrition solutions directly to consumers through its website, leading marketplaces like Amazon and Flipkart, and quick-commerce platforms such as Blinkit, Zepto, and Instamart. With over 2 lakh customers and ex-cricketer AB de Villiers as brand ambassador, the firm is building a strong repeat-purchase base (45%) while expanding reach into preventive health markets abroad. The startup has previously raised Rs 10 crore in funding and received a Rs 25 lakh grant from the Karnataka government.

EV motor & controller startup Attron Automotive raises Rs 4.75Cr led by Venture Catalysts and Anicut Capital

IndianStartupNewsIndianStartupNews · 1y ago
EV motor & controller startup Attron Automotive raises Rs 4.75Cr led by Venture Catalysts and Anicut Capital
Medial

EV motor and controller startup Attron Automotive has secured Rs 4.75 crore in a seed funding round led by Anicut Capital and co-led by Venture Catalysts. Attron aims to revolutionize electric mobility with its precision-engineered motor and controller solutions, promoting sustainability and enhancing vehicle performance. The funding round also saw participation from other investors, including Pontaq VC and angel investor Yashovardhan Shah. Attron plans to use the investment to expand its operations, including setting up a new production facility capable of producing 8,000 units per month, in response to the increasing demand in the electric vehicle market.

CargoFL raises seed funding round

EntrackrEntrackr · 8m ago
CargoFL raises seed funding round
Medial

CargoFL, a B2B technology ecosystem for logistics, has raised Rs 6.75 crore in its seed round, led by YourNest Venture Capital. The round includes Rs 4.7 crore from YourNest, Rs 50 lakh each from Real Time Angel Fund (RTAF) and Peaceful Progress Angel Fund, Rs 25 lakh from Sanchi Connect Accelerator, and Rs 80 lakh from angel investors, including Dinesh Chandra Agarwal, Dinesh Gulati, Murugavel Janakiraman, and Rajesh Sawhney. The Pune-based company had previously raised $135K from HPCL and others. The proceeds will be utilized to build a sales engine for growth in India, Southeast Asia (SEA), Middle East and North Africa (MENA) and North America, enhance product capabilities, including logistics & supply chain automation, and client onboarding & implementation across geographies. Co-founded in 2017 by Deepesh Kuruppath and Wasim Khan, CargoFL is an AI decision intelligence platform for logistics and supply chain. The company serves as an AI operating system specifically designed for the supply chain and logistics industry with focus on large enterprise customers. It helps companies enhance their logistics operations by leveraging AI to address critical tasks such as transport management, route optimisation, demand forecasting, and real-time tracking. CargoFL focuses on transforming the logistics landscape and aims to empower enterprises with advanced Vertical AI solutions for logistics & supply chain. The company offers a comprehensive operating system for logistics, which fosters seamless collaboration among stakeholders like carriers, distributors, and suppliers. CargoFL provides AI-driven platform tailored for enterprises in retail, pharma and manufacturing sectors. Its current client roster includes over 25 large enterprises, such as Puma, Godrej, Schaeffler, Metro Brands and Decathlon. It aims to achieve an ARR of $3 million over the next 18-24 months by onboarding more than 25 customers in India and several in international markets.

Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 5m 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.

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