Viestories

A leader in digital engineering and a Hitachi Group company, GlobalLogic announced that it has finalised an acquisition deal to buy Mobiveil, a US-based provider of specialised embedded engineering services.

Networking platform for angel investments Over 250 investors have joined We Founder Circle's (WFC) GIFT City Fund, which secured $10 million (roughly INR 83 Cr).

Equanimity Ventures and Kotak Alternate Asset Managers led a pre-Series A funding round that brought $1.5 million to the healthtech firm Monitra Health.

With the help of early-stage venture firm Kettleborough VC and Omnivore, insurance market firm Finhaat secured $3 million in its first institutional fundraise.

Dr. B. Lal Institute of Biotechnology (BIBT), a premier institution dedicated to advancing the field of biotechnology through cutting-edge education and research. Entrepreneur to Agri-preneur

Antler has led the $1 million seed investment round for HouseEazy, a vertical platform for secondhand properties.

Zephyr Peacock and Lets Venture have invested $5 million in battery recycling firm BatX Energies. The family offices of Mankind Pharma, Excel Industries, and BluSmart, as well as current investor JITO Angel Network, took part in the funding round.

In a pre-seed fundraising round headed by Speciale Invest, Peptris Technologies, an artificial intelligence-powered drug discovery firm based in Bengaluru, secured $1 million.

Coworking space firm BHIVE has strengthened its support for the rapidly expanding coworking and fintech industries by acquiring product-engineering company Praemenio.

Private equity fund India Alternatives invested $4 million in the customer assistance platform Kapture CX.