Investment

Lucknow: Health-tech company Docplix has raised INR 1.2 Crore in Bridge Round led by Inflection Point Ventures. As per Docplix, the funds raised will be utilized for product development, AI integration, and market expansion. This will involve enhancing their EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding their market reach to bring their innovative healthcare solutions to bigger clinics and hospitals. DocPlix is on a mission to transform healthcare in India by digitizing health records for 1.4 billion people. The company's ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of…

New Delhi: Zypp Electric, tech-enabled EV-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS. The Series C1 funding comprises $15 million in equity closure as part of its ongoing $50m round which is split into $40m equity and $10m in debt. The equity funding saw participation from prominent investors including ENEOS along with participation from existing investors 9unicorns, IAN fund, venture catalysts, WFC & others. As per Zypp, the Series C funds will be utilized to expand it’s fleet from 21,000 to 200k electric scooters…

New Delhi: AI development platform provider Inspeq AI today announced that it has raised $1.1 million (approximately INR 9.13 Crore) in a pre-Series-A investment round led by AI investment firm Sure Valley Ventures with participation from Delta Partners. Other investors in the round include Plug and Play, and several marquee angel investors, including Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former MD of Meta Ireland), Cyril Treacy (Former VP of Salesforce), and other tech executives.  Inspeq AI was founded in 2023 in Dublin, Ireland, by senior tech leaders Apoorva Kumar (formerly at Microsoft, SAP, Amazon, and Informatica) and Ramanujam Macharla Vijayakumar (formerly at LinkedIn). The…

Ludhiana: Freshleaf has raised INR 1 Crore in seed round led by Inflection Point Ventures. As per the Freshleaf, the funds raised will be utilized to expand marketing efforts, increase production capacity, and enhance research and development for new products. By focusing on these key areas, Freshleaf aims to strengthen its brand presence, meet growing demand, and bring exciting new teas to its consumers. This investment will enable Freshleaf to offer high-quality teas that enrich the tea-drinking experience for modern consumers. With innovative flavors and a commitment to accessibility, Freshleaf is set to become a leading name in the competitive…

Social media platform Explurger today announced that it has raised an investment of USD 4.5 million (INR 37.3 Cr) in a Series-A funding led by Affle (India) Limited (“Affle”) at a pre-money valuation of about USD 40 million (INR 338 Cr). With this investment, Affle (India) Limited will hold a 9.03% stake (on a fully diluted basis) of Explurger, which has shown a robust potential and interest from global investors. Launched in 2021 in India, Explurger has already garnered more than 8.5 million users across 75+ countries. Pioneering the field as the only “Gamified” AI-powered vertical consumer-tech social media platform for travelers, Explurger is listed by Google as one of ‘10 Most Innovative Apps Making Mark in India and Beyond’. With an AI-centered social media format, the app differentiates itself with features such as Automatic Travelogue, Rewards and…

Simplilearn, the homegrown online Bootcamp for digital skilling & training, announced that it has raised USD 45 million in a fresh round of funding from a consortium led by GSV Ventures. The fresh round of funding also saw participation of Clal Insurance, and DisruptAD, ADQ’s venture platform. Simplilearn offers digital skilling programs for professionals, enabling learners to upskill and get certified in fast-growing digital domains. It creates these programs in collaboration with renowned educational institutions such as Caltech CTME, MIT Schwarzman College of Computing, UMass Amherst and the Isenberg School of Management, Purdue University, Wharton Online, IIT Roorkee, and IIT Kanpur, and companies such as…