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Sunfox Technologies raises Rs 15 Cr led by Venture Catalysts

EntrackrEntrackr ยท 10m ago
Sunfox Technologies raises Rs 15 Cr led by Venture Catalysts
Medial

Health-tech startup Sunfox Technologies has secured Rs 15 crore in a pre-Series A funding round led by Venture Catalysts along with participation from Finvolve through the IA Growth Opportunities Fund I and Brew Opportunities Fund, as well as Universal Group, RP Singhvi Group, and others. The company had previously raised Rs 5 crore investment from USAID through SAMRIDH Health and LetsVenture. It was also featured in Shark Tank India. The fresh funds will be used for expansion in India and globally and focus on scaling its flagship innovation Spandan, Sunfox stated in a press-release. Co-founded in 2016 by Rajat Jain, Arpit Jain, Saurabh Badola, Nitin Chandola, and Sabit Rawat, Sunfox is an R&D lab which aims to develop cutting-edge healthcare technologies for the digital world. Its flagship product Spandan is a smartphone-based portable ECG device that provides clinically accurate 12-lead ECG readings, empowering users to detect heart attacks and monitor cardiac health in real-time. The Dehradun-based claims that Spandan has been used by over 30,000 individuals across 20 countries and saved more than 10,000 lives through early detection of heart conditions. This technology is proving critical as India confronts a surge in heart attacks post-COVID-19. Sunfox has established an advanced in-house R&D and manufacturing facility in Dehradun and even captured global attention from prestigious institutions such as Oxford and Wharton.

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Malaki raises Rs 5.7 Cr in seed round led by Venture Catalysts

EntrackrEntrackr ยท 2m ago
Malaki raises Rs 5.7 Cr in seed round led by Venture Catalysts
Medial

Malaki, a premium beverage brand, has raised Rs 5.7 crore ($669K) in its seed round led by Venture Catalysts. Maarc Ventures and the Dadachanji Family Office also participated. The proceeds will be used to expand Malakiโ€™s presence in quick commerce, premium hospitality, and scale its Crystal Bottle product. It plans to strengthen its online channels, sustainability initiatives, and presence in major metro markets such as Delhi NCR, Hyderabad, Jaipur, and Bengaluru. Founded in 2020 by Mohit and Ashish Bhatia, Malaki offers products such as tonic waters, alkaline waters, sparkling waters, and ginger ales, packaged in sustainable glass bottles. The brand gained visibility after appearing on Shark Tank India and is known for its patented Crystal Bottle design. Malaki currently operates in over 500 premium HORECA outlets and has partnerships with brands like Singapore Airlines, Ritz Carlton, and Hyatt in cities like Mumbai, Pune, and Goa. Venture Catalysts, which has backed startups like Beardo, Pee Safe, and BharatPe, sees strong growth potential in Malaki. The Indian premium beverage market is expected to grow rapidly, driven by consumer demand for healthier and sustainable alternatives.

WeVOIS raises Rs 36 Cr in Series A round from Negen Capital

EntrackrEntrackr ยท 5m ago
WeVOIS raises Rs 36 Cr in Series A round from Negen Capital
Medial

Waste management startup WeVOIS has raised Rs 36 crore ($4.2 million) in its Series A round led by Negen Capital and Vyom Wealth (the Polycab family office), with additional participation from Venture Catalysts, SN Capital, Warmup Ventures, Marsshot Ventures (Razorpay Foundersโ€™ Fund), and other angel investors. The proceeds will be used to scale its operations, expand partnerships, and drive innovation across India. Founded by Abhinav Vashistha, WeVOIS is setting up textile waste recycling facilities and bio-CNG plants to convert wet waste into clean energy, exemplifying innovation in sustainable waste management. Building on its proprietary technology powered by the Internet of Things (IoT) and Artificial Intelligence (AI)-driven analytics, WeVOIS is optimizing waste collection, enhancing material flows, reducing carbon emissions, and improving recycling efficiency.

MS Dhoni-backed Garuda Aerospace raises Rs 100 Cr in Series B round

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MS Dhoni-backed Garuda Aerospace raises Rs 100 Cr in Series B round
Medial

MS Dhoni-backed Garuda Aerospace raises Rs 100 Cr in Series B round Drone technology startup Garuda Aerospace has raised Rs 100 crore ($11.6 million) in its Series B funding round led by Venture Catalysts (VCAT) at a post-money valuation of $250 million. Previously, the firm had raised $22 million in its Series A round led by Venture Capital firm SphitiCap in February 2023. The fresh proceeds will be used to scale up drone manufacturing, enhance production capabilities, and complete an R&D and testing center focused on defense drone technology. Founded in 2015 by Agnishwar Jayaprakash, Garuda has grown to a team of over 200 members and manufactures 30 drone types while offering 50 services. Garuda currently holds over 20 patents and operates a fleet of over 400 drones with 500 trained pilots across 84 cities. It serves clients including government agencies and major corporations such as TATA, Reliance, and Adani. It has also partnered with global companies like Lockheed Martin and Elbit Systems. As per TheKredible, Garuda Aerospaceโ€™s revenue from operations grew by 2.3X to Rs 110 crore in FY24 from Rs 47 crore in FY23. Its net profit reached Rs 16 crore in FY24, a 2.7X increase from Rs 6 crore in the previous year. Garuda competes with the likes of ideaForge, Aarav Unmanned Systems, Throttle Aerospace Systems, General Aeronautics, and Omnipresent Robot Tech in the drone manufacturing and drone-as-a-service (DaaS) segment across defense, agriculture, and industrial applications.

Autocracy Machinery raises pre Series A round led by Venture Catalysts

EntrackrEntrackr ยท 1y ago
Autocracy Machinery raises pre Series A round led by Venture Catalysts
Medial

Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a a pre Series A round led by Venture Catalysts along with participation from Nikhil Jaisinghani, Bharat Jaisinghani and SFour Capital. The Hyderabad-based company had earlier secured $1.2 million back in 2023 from Venture Catalysts, Z Nation Lab, Hem Angels and others. The proceeds will be allocated towards enhancing its research and development capabilities, and expanding its manufacturing and marketing footprint, Autocracy Machinery said in a press release. Co-founded in 2020 by Santhoshi Buddhiraju and Laxman Vallakati, Autocracy manufactures machines for construction, agriculture, and infrastructure purposes. The company offers a comprehensive range of products, including trenchers, landscaping machinery, agricultural attachments, and water body conservation machines like lake cleaners. Autocracy exports its products to the Middle East and Africa. The company also claims to have machinery which has superior performance and is priced to ensure accessibility for both business and individual clientele. Recently, 9Unicorns, a part of multistage investing firm Venture Catalysts Group, rebranded itself to 100Unicorns. It also announced the launch of its second accelerator fund called 100Unicorns Fund II with a target size of $200 million including a green-shoe option of $100 million.

Lucknow-based hyperlocal content-commerce platform Knocksense raises funding from Venture Catalysts

IndianStartupNewsIndianStartupNews ยท 1y ago
Lucknow-based hyperlocal content-commerce platform Knocksense raises funding from Venture Catalysts
Medial

Lucknow-based hyperlocal content-commerce platform, Knocksense, has raised an undisclosed amount in pre-Series A funding. The funding round was led by Venture Catalysts and saw participation from notable investors including Nitish Mittersain, founder of Nazara Technologies, and Mohit Satyanand, chairman of Teamwork Arts. Knocksense operates on a subscription-driven commerce model that pairs curated content feeds with exclusive privileges at local establishments. The platform currently operates in Lucknow, Indore, Kanpur, Mumbai, and Ahmedabad, with plans for further expansion. The funds raised will be used for market penetration, technological infrastructure enhancement, and expanding offerings.

Butterfly Learnings raises Rs 32 Cr in Series A round

EntrackrEntrackr ยท 1y ago
Butterfly Learnings raises Rs 32 Cr in Series A round
Medial

Butterfly Learnings, a platform in paediatric behavioural and developmental health, has raised Rs 32 crore in its Series A round ed by Insitor Impact Asia Fund II and Enzia Ventures, with participation from CIIE (IIMA Ventures), Foundation Botnar, 9 Unicorns, and Venture Catalysts. Earlier in 2022, the Mumbai-based startup had raised $2 million in its seed funding round from Insitor Partners, 9 Unicorns, Venture Catalysts, and others. The fresh proceeds will be used to fuel Butterfly Learningsโ€™ expansion efforts as it plans to scale its tech enabled therapy programs. Founded by Sonam Kothari, Butterfly Learnings operate as a phygital platform that offers tailored support for children and families facing challenges related to neurodiversity. It employs over 250 in-house trained therapists, with operations extending to urban areas such as Pune, Nagpur, and Nasik. The platformโ€™s core offerings include individualized therapy regimens based on applied behavior analysis (ABA), consultations with skilled pediatric neurologists or developmental pediatricians, and additional therapies such as occupational therapy, speech therapy, oral placement therapy, and sensory integration. Currently serving approximately 2,000 families across 30 centers in Maharashtra, the firm plans to extend its reach across multiple states and cities in India through a 200-center network.

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