Viestories

OrbiMed invested undisclosed growth funding to consumer healthcare startup Arcatron Mobility. The round was also joined by current backers BL Taparia Family Office, Chona Family Office, MGA Ventures, and the founders of Arcatron.

Explurger, a domestic social media app, secured $4.5 million in a Series A fundraising round headed by Affle (India) Limited.

The Small Industries Development Bank of India (Sidbi) has provided debt capital to Mwyn Tech, the company that runs the digital banking platform Freo.

Veera, an internet browser based on rewards has secured $6 mn in a seed fundraising round headed by Ayon Capital.

Recur Club has provided debt financing of Rs 1 crore to the skincare business Conscious Chemist.

Nodwin Gaming, the leading gaming and esports media company in emerging markets, has signed definitive agreements to acquire 100% ownership in Ninja Global FZCO (Ninja). Ninja has assets in esports and gaming production assets in Turkey and the Middle East

In a pre-seed round headed by Powerhouse Ventures, Segwise.ai, an AI-powered observability platform for product growth teams, has secured $1.6 million. Antler India, Blume Ventures, Everywhere Ventures, Saka Ventures, and Untitled Ventures are among the additional investors in the investment.

The pre-seed round of Indian Express Commercial Ventures, Samir Modi of Modicare, Himanshu Nautiyal from Fractal Analytics, Nirav Mehta of Morgan Stanley Private Equity, Hemant Adarkar of Artha Center, Venkatesh Hariharan, a public policy advisor, and Rajat Agarwal, partner at Vertices Partners, contributed $400K to the Mumbai-based fintech platform PocketATM.