Rise & Shine

SUSHAIN Wellness, a Healthtech platform combining traditional healing systems with technology, has raised Rs 2 crore in its seed round of funding from Prajay Advisors LLP, a venture capital firm based in Mumbai. The proceeds will be used to enhance its technological infrastructure and expand its holistic healthcare services, catering to a growing demand for natural, technology-driven healthcare solutions. Sushain Wellness manages the entire healing process, from consultation to prescription fulfillment. It provides a one-stop solution for natural healthcare, featuring a network of over 1,000 verified Ayurvedic and Homeopathic doctors, access to over 10,000 natural healthcare products, and support from over 100 online yoga coaches and Ayurvedic diet specialists. By using advanced machine learning and artificial intelligence, Sushain personalized patient care journeys, helping users address the root causes of their health issues. Founder: Vikram Singh Parmar Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #wellness #startup #funding 

Edtech startup Innovartan Learning Solutions has raised Rs 5 crore in a pre-seed funding round co-led by Gokul Rajaram and Amit Singhal. The funds will be used to bridge the gap between school education and competitive exam preparation, empowering schools to become self-sufficient centers of academic excellence. Innovartan Learning addresses the fragmented system where students attend school for board exams while relying on coaching classes for competitive exams. By equipping schools with the necessary tools and expertise, Innovartan enables the seamless integration of competitive exam preparation into school curriculums. Based in Noida, the company aims to empower schools to prepare students for competitive exams directly. This reduces financial strain on families and prevents the disruptive migration of students to coaching-centric cities, allowing them to thrive in their local communities. Founder: Prashant Sharma Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #edtech #startup #funding

Data security solutions provider Induz has secured $780,000 in a new funding round led by YourNest Venture Capital, which contributed $750,000, along with an additional $30,000 from accelerator SanchiConnect as part of the YourNest-SanchiConnect Velocity Program 2024. The fresh funds will be directed towards accelerating product development, securing multiple paid proof of concepts (POCs) from clients, and achieving critical security certifications. Induz aims to enhance its offerings by obtaining key certifications and developing proprietary hardware roots of trust, underscoring its commitment to providing reliable and compliant infrastructure. The Hyderabad-based company noted that these new offerings are designed to meet the needs of industries such as insurance, FinTech, banking, government sectors, and other enterprises that rely on secure, compliant AI model training with sensitive data. Founders: Tirumalesh Chalamarla and Sreerama Gadam Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #tech #startup #funding

Drone technology company Marut Drones has raised $6.2 million in Series A funding from impact investor Lok Capital for key initiatives, including development of advanced agricultural drones tailored to customer needs.   The funds would also help the company to channel partner network and service centres into Tier 2-3 cities to better serve rural customers.   The company also aims to recruit professionals across all verticals, foster drone entrepreneurship. This includes launching 17 new drone academies to train skilled professionals. It would enhance its research and development efforts in partnership with leading institutions in India to create advanced applications like direct seeding and crop monitoring. Founders: Prem Kumar Vislawath, Suraj Peddi and Sai Kumar Chinthala Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #drone #startup #funding

Health-tech platform VIRAA Care has raised $108,000 in a pre-seed funding round from a group of European angel investors. Viraa Care provides online courses for parents on topics including breastfeeding and bottle feeding, the introduction of real food to infants, nutrition management, and addressing picky eating challenges. The platform aims to eliminate the reliance on processed baby products laden with preservatives and artificial additives. Viraa Care offers two main programs—one-on-one consultations and live courses. Founders: Sonal Babbar-Bhardwaj and Mayank Bhardwaj Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #healthtech #startup #funding

EV-as-a-Service platform Hala Mobility has raised Rs 51 crore (around $6 million) in its pre-Series A round from founders Srikanth Reddy and Snehith Reddy Meda, Phani Ramineni (founder of Previa Health), along with Rohan Bajaj syndicate via invstt, Sarthy Angels, Bestvantage Investments and a network of high-net-worth individuals (HNIs) and family offices. Hala Mobility provides an EV-as-a-service platform designed for e-commerce companies and gig workers. Their platform includes an app with software for EV, Battery, and driver management, along with a fleet of electric two-wheelers ensuring 95% uptime guarantee and round-the-clock service availability. The Hyderabad-based startup is currently working with bigbasket.com, Zomato, and Zepto and partnering with 13 scooters and eight battery manufacturers. Founders: Srikanth Reddy, Snehith Reddy Meda, and Anand Pareek Follow Rise & Shine for daily funding deals. Stay ahead. stay motivated with www.riseshine.in #startup #funding #ev

Mumbai-based home loans platform Easy Home Finance Limited is raising Rs 210.35 crore in a round led by Ranjan Pai’s Claypond Capital and SMBC Asia Rising Fund. Claypond Capital will lead the funding round for Easy Home Finance with an investment of Rs 150.5 crore. SMBC Asia Rising Fund followed, investing Rs 48.75 crore, while SVS Trust (IV) and Aart Corporate Advisors will contribute Rs 5 crore each. Easy Home Finance focuses on home loan disbursement and related services, including home discovery, renovation, and moving assistance. CEO: PRAVEEN AGRAWAL Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #finance #startup #funding

EvoluteIQ, a business automation platform, has raised $20 million in equity and debt funding, led by Round2 Capital Partners, with participation from Nordea Growth Fund, DCAP Select, and PH Ventures. EvoluteIQ provides an AI-powered end-to-end automation platform through a low-code/no-code approach. The platform combines generative AI, intelligent data and event processing, process automation, RPA, web/mobile application development, and built-in connectors to simplify and accelerate enterprise digital transformation. EvoluteIQ helps organizations optimize workflows, reduce operational costs, and drive scalability across various industries. EvoluteIQ aims to deliver a comprehensive, productivity-enhancing solution designed to minimize operational complexity and speed up digital transformation by integrating AI at its core. Founder: Sameet Gupte Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #ai #startup #funding

Vridhi Finserv Home Finance Limited has raised ₹310 crore in its latest funding round, backed by Norwest Venture Partners and other significant investors. The funding will enable the company to bolster its lending capabilities, particularly within the affordable housing sector, aligning with India's growing demand for access. Vridhi Home Finance’s focus on affordable housing aligns with national initiatives aimed at improving housing access across urban and semi-urban areas, where the demand for homeownership is growing alongside economic development.   Founders: Ram Naresh Sunku, Sandeep Arora and Sunil Mehta Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #finance #startup #funding

Vietnam-based direct-to-consumer men’s apparel brand Coolmate has secured US$6 million in Series B funding led by Vertex Ventures SE Asia & India. ] The funding is set to accelerate the D2C brand’s international expansion, product innovation, and omnichannel retail presence across Southeast Asia(SEA). Founded in 2019, Coolmate has led ecommerce sales across major online marketplaces. Founder: Nhu Pham Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #d2c #startup #funding