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Med-tech startup Innovodigm raises seed funding round led by IAN Group

EntrackrEntrackr · 4m ago
Med-tech startup Innovodigm raises seed funding round led by IAN Group
Medial

Med-tech startup Innovodigm has raised Rs 5.5 crore in a seed funding round led by the IAN Group. IAN contributed Rs 4.5 crore, with the remaining amount invested by PadUp Ventures. The proceeds will be utilized for process optimization, infrastructure scaling, and team expansion to support third-party preclinical validation and prepare for upcoming clinical trials, Innovodigm said in a press release. Co-founded in 2020 by Jhimli Manna and Ayan Chatterjee, Innovodigm develops micro-array patches for vaccines, offering a transformative alternative to traditional injectable immunizations. Designed to overcome challenges such as cold-chain dependency, medical waste, and needle-stick injuries, the MAP uses thermostabilized vaccines that remain viable for up to 120 days at 40°C, eliminating the need for refrigeration and enabling outreach to remote, underserved areas. Innovodigm says that the MAP platform has garnered notable recognition, including selection as a Top 2 Technology at the Nano Electronics Showcase 2025 by the Ministry of Electronics & IT. The company has signed a Material Transfer Agreement (MTA) with a leading Indian vaccine manufacturer for third-party validation, with clinical trials scheduled to commence next year. “Spinning out from IIT Kharagpur’s Microelectronics and MEMS Lab has been fundamental to our scientific foundation. Our MAP platform reflects India’s ability to lead in affordable, scalable vaccine delivery that serves both national and global public health goals,” said Jhimli Manna, CEO of Innovodigm. With plans to expand across India and other low- and middle-income countries, Innovodigm aims to adapt its patch for various vaccines, including measles, hepatitis, flu, and COVID-19 boosters. The company is also working on building local manufacturing hubs so that patches can be made closer to where they’re needed most.

Related News

Contrails AI raises $1 Mn in pre-seed round from Huddle Ventures and IAN Group

EntrackrEntrackr · 16d ago
Contrails AI raises $1 Mn in pre-seed round from Huddle Ventures and IAN Group
Medial

Contrails AI raises $1 million in pre-seed round from Huddle Ventures and IAN Group. Trust and safety-tech AI startup Contrails AI has raised $1 million in a pre-seed funding round co-led by Huddle Ventures and IAN Group. The fresh funds will be used to fuel the US and EU pilots running across industries such as marketplaces, media houses, financial firms, and leading digital platforms, Contrails said in a press release. Co-founded by Digvijay Singh and Amitabh Kumar, Contrails AI aims to safeguard internet companies in the age of GenAI. The company delivers solutions trusted by marketplaces, media houses, financial services, and global digital platforms. According to the Bengaluru-based startup, it combines deep-tech innovation with multimodal AI expertise to engineer a compliance-ready safety infrastructure that safeguards digital ecosystems globally. By partnering with the companies in services and technology, the startup aspires to drive adoption of trust & safety solutions while building an interconnected, secure digital ecosystem. Contrails’s proprietary forensics and manipulation detection AI delivers real-time analysis with layered explainability, enabling platform review teams to detect, assess, and act on threats proactively. The platform tackles the threat of cyber crimes with a multimodal approach across video, image, audio, and text, merging fraud detection with forensic DNA analysis and global data expertise. As per market research, from 500,000 in 2023 to 8 million in 2025, deepfake files have grown 16-fold and due to phishing attacks resulted in losses of $17,700 every minute.

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