Medtech startup SigTuple raised Rs 33 crore ($4 million) in an extended Series C round led by SIDBI Venture Capital. The funds will support geographical expansion, product portfolio growth, and regulatory clearances. SigTuple, founded in 2015, develops AI-driven robotic microscopes to automate clinical lab processes and has raised over $40 million to date.
Karma Primary Healthcare Raises $1.3 Million in Series A Funding
Digital healthcare startup Karma Primary Healthcare secured Rs 11 crore ($1.3 million) in Series A funding led by UBS Optimus Foundation. The funds will enhance technology and expand the team for its patient-centric rural care model. Karma Healthcare provides remote patient monitoring and consultations for rural clinics.
Dcubed Secures Series A Funding for NewSpace Innovations
Munich-based NewSpace supplier Dcubed raised an undisclosed amount in Series A funding led by Expansion BayBG. The funds will quadruple actuator production, pioneer in-space manufacturing, and establish a U.S. office. Dcubed, led by CEO Thomas Sinn, leverages Shape Memory technology and Origami structures for advanced space applications.
Neuron Energy Secures Rs 20 Crore in Series A Funding
Gramophone Elevates Navneet Singh Batra to Co-Founder
Agritech startup Gramophone has promoted Navneet Singh Batra to co-founder. With over a decade of experience in FMCG and agri industries, Batra will oversee strategic growth initiatives. Gramophone, serving 50,000 villages and over 2 million farmers, reported a 75.6% revenue increase to Rs 316 crore in FY23.
Burma Burma Raises $2 Million to Expand National Presence
Burmese vegan restaurant chain Burma Burma has raised $2 million in equity investment from family offices, including Negen Capital. Founded by Ankit Gupta and Chirag Chhajer, the chain operates 13 locations across India and aims to expand further, having doubled its annual recurring revenue to over Rs 100 crore in FY24.
Instawork Acquires Able Jobs to Enhance Global Product Capabilities
San Francisco-based staffing startup Instawork has acquired Able Jobs, backed by Y Combinator and Elevation Capital. This acquisition will help Instawork build a global product leveraging Able Jobs’ expertise. Able Jobs co-founder Ravish Agrawal will serve as an advisor, while co-founder Siddharth Srivastava joins Instawork as a product leader.
Hyperbots Raises $2M Seed Funding Led by Kalaari Capital
Hyperbots, an AI startup for finance and accounting, secured $2 million in seed funding led by Kalaari Capital, with participation from Sunicon Ventures and Athera Venture Partners. Founded in 2023, Hyperbots will use the funds to expand its go-to-market strategy and develop proprietary AI models for finance and accounting automation.
IppoPay Secures Undisclosed Funding from Mithun and Siddhartha Sacheti
Fintech startup IppoPay raised an undisclosed amount from Mithun Sacheti, Founder of CaratLane, and Siddhartha Sacheti, CEO of Jaipur Gems. The Chennai-based firm plans to use the funds to build a sustainable fintech platform for MSMEs, focusing on payment aggregation, UPI payments, and expanding its presence in southern India.