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Proptech startup Spintly raises Rs 3.5 Cr in extended seed round

Entrackr

Entrackr · 8m ago

Proptech startup Spintly raises Rs 3.5 Cr in extended seed round

Proptech startup Spintly has raised Rs 3.5 crore in an extended seed funding round led by Spyre VC, along with participation from Accel India, Chakra Growth Fund, Alumni Ventures, and Doctor Technology. The company had previously raised $5.36 million from Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest. The proceeds will be utilized to accelerate its market reach, increase its presence in different countries, strengthen senior management functions, and expand the scope of its smart building solutions by leveraging AI and machine learning, Spintly said in a press release. Co-founded in 2017 by Rohin Parkar and Malcolm Dsouza, Spintly leverages cutting-edge technologies to empower the way buildings operate by providing wireless, cloud-based access control solutions and smart building systems. With a focus on simplicity, scalability, and innovation, it eliminates the need for legacy systems by leveraging IoT, Edge AI, and smartphone-based technology to create seamless and efficient user experiences.

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Wireless Access Control Startup Spintly Nets $2 Mn From Accel, Others

Inc42 · 1y ago

Wireless Access Control Startup Spintly Nets $2 Mn From Accel, Others

Spintly, an IoT-based wireless access control startup, has raised $2 million in an extended seed funding round. The funds will be used to expand into the US market, improve sales and marketing efforts, and expand the product range. Spintly simplifies access control to commercial and residential buildings using distributed IoT architecture and edge computing technology. The company has witnessed significant growth with its annual recurring revenue growing 300% in 2023 and a user base of 250,000. Accel and Chakra Growth Fund were among the investors in this funding round.

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

VCCircle

VCCircle · 1y ago

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Clinical stage therapeutics startup Ahammune Biosciences has raised $5 million in a series A funding round led by pi Ventures. The funds will be used to conduct human clinical trials for its drug candidate for vitiligo and expand R&D efforts for other skin diseases. Bread brand The Health Factory also secured $3.5 million in seed funding to expand into Tier 1 and Tier 2 cities. Proptech startup Flent raised Rs 6.5 crore in a pre-seed funding round to develop its renting platform, while open-source GPU-as-a-Service (GPUaaS) firm Aarna raised $6.7 million in a series A round to accelerate product development.

Venture Catalysts Leads Rs 3.5 Cr Pre-Seed Funding for Paar Autonomy to drive in a New Era of Agentic AI

StartupTalky

StartupTalky · 9d ago

Venture Catalysts Leads Rs 3.5 Cr Pre-Seed Funding for Paar Autonomy to drive in a New Era of Agentic AI

New Delhi, 23rd September 2025: Venture Catalysts, India’s premier early-stage investor and integrated incubator, has led an a Rs 3.5 Cr pre-seed round in Paar Autonomy, a next-generation robotics startup developing perception hardware and agentic artificial intelligence for unmanned aerial, ground, and sea vehicles deployed in defence, policing,

Biomaterials startup altM raises $3.5M in a Seed round led by Omnivore, others

IndianStartupNews

IndianStartupNews · 2y ago

Biomaterials startup altM raises $3.5M in a Seed round led by Omnivore, others

altM has raised $3.5 million or Rs 29.1 crore in a seed funding round led by Omnivore, with participation from Theia Ventures, Thai Wah Ventures, Sanjiv Rangrass, Neha Mudaliar, Maninder Gulati, Mirik Gogri, and Paula Mariwala.

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

Entrackr

Entrackr · 4m ago

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

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.

Simplismart, Budy.bot, ANNY and Agnit raise early-stage funding

VCCircle

VCCircle · 11m ago

Simplismart, Budy.bot, ANNY and Agnit raise early-stage funding

Sales and marketing software developer Budy.bot, tech startup Simplismart, fashiontech startup ANNY, and semiconductor startup Agnit have all raised early-stage funding. Simplismart secured $7 million in a Series A funding round, Budy.bot raised $4.2 million in a seed round, Agnit raised $3.5 million in a seed round, and ANNY raised an undisclosed amount in a seed round. The funds will be used for research and development, growth, enhancing AI capabilities, scaling production and operations, and expanding into new market segments.

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

Entrackr

Entrackr · 1m ago

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

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.

Exclusive: Anant Goel’s Handpickd raises fresh funds

Entrackr

Entrackr · 3m ago

Exclusive: Anant Goel’s Handpickd raises fresh funds

Exclusive: Anant Goel’s Handpickd raises fresh funds Fresh produce startup Handpickd (formerly Sorted) is raising Rs 21.7 crore in an extended seed round led by Nitin Gupta and Genesia Ventures, with participation from BEENEXT and others. Fresh farm produce and supply chain startup Handpickd (previously Sorted) is raising Rs 21.7 crore in an extended seed round led by Nitin Gupta and Genesia Ventures with the participation of BEENEXT, Stargazer Ventures, Eximius Ventures, Sunrise Sunset Family Trust, and others. The Handpickd’s board passed a resolution to approve the issue of 10,547 Series Seed B CCPS at an issue price of Rs 20,566 to raise Rs 21.7 crore or around $2.5 million, according to recent filings accessed from March 2025 from the Registrar of Companies (RoC) shows. Nitin Gupta, Partner at GG Enterprises and Genesia Ventures, led the round with an investment of Rs 6.48 crore and Rs 6 crore, respectively, followed by existing investor BEENEXT, which is contributing Rs 2.16 crore. Sunrise Sunset Family Office will invest Rs 2 crore, while the remaining amount will be covered by Infinyte Club Angel Fund and Eximius Ventures, Stargazer Ventures and Ankit Agarwal. As per filings, the company has already received around Rs 10.16 crore, with the remaining amount expected to follow shortly. The Blume Venture-backed company will be valued at around Rs 300 crore or $35 million, according to Entrackr’s estimates. Founded by Anant Goel along with Nitin Gupta and Sahil Madan, Handpickd operates on a B2B2C model, delivering fresh fruits and vegetables through a tech-enabled supply chain. The company sources produce directly from local farmers and vendors, leveraging a network of micro-entrepreneurs for efficient last-mile delivery. According to startup data intelligence platform TheKredible, Handpickd has raised around $9 million from investors including BEENEXT, Blume Ventures, Kunal Bahl, Rohit Kumar Bansal. The company recorded over 2.3X year-on-year growth in operating revenue, rising to Rs 17.5 crore in FY24 from Rs 7.4 crore in FY23. Its losses remained flat at Rs 2.1 crore during the fiscal year ending March 2024. Handpickd competes with other farm-to-fork funded startups including Otipy ($49 million), Fraazo ($61 million), Deep Rooted ($20 million) which shut their operations. Handpickd also competes with Kareena Kapoor-backed startup Pluckk which is set to raise $10 million.

Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels

IndianStartupNews

IndianStartupNews · 2y ago

Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels

InsideFPV, a drone maker featured on Shark Tank India, has secured Rs 3.5 crore in seed funding. Mumbai Angels led the investment round, with participation from IPV, Soonicorn, Fossbytes, and Kumar Sahu. The startup offers drones for various industries, including government contracts, agriculture, commercial sectors, and surveillance. The funding will be used to drive growth, develop new products, expand market reach, enhance distribution and logistics, and invest in strategic acquisitions. The Indian Drone Market is projected to grow at a CAGR of around 18% and is currently dominated by ideaForge.

Venture Catalysts makes partial exit in metaverse skill tech Cusmat with over 4.2 times returns

Economic Times

Economic Times · 2y ago

Venture Catalysts makes partial exit in metaverse skill tech Cusmat with over 4.2 times returns

Venture Catalysts had first invested in Cusmats seed round in 2020 and took an exit in the $3.5 million Series A round that the startup raised from Arkam Ventures, Unitus, Better Capital, We Founder Circle, 9Unicorns, and MapMyIndia amongst others.

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