Viestories

Scimplifi, a platform for sourcing and manufacturing specialty chemicals, has raised $3.67 mn from Beenext and 3one4 Capital.

Sarvam AI, an Indian startup in Generative AI founded by Vivek Raghavan and Pratyush Kumar, has announced that it is raising $41 million in Series A round. This funding, led by Lightspeed and supported by Peak XV Partners and Khosla Ventures, represents the largest raise at this stage for an Indian AI startup.

AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics operations expansion across multiple cities in India.

The Michael & Susan Dell Foundation is leading the $4 million (about INR 33 crore) Pre-Series B fundraising round for Airblack, a digital makeup and grooming education platform.

Personal care brand Clensta, backed by Parineeti Chopra has appointed JM Financial, a leading investment banking firm in India, as its investment banker to fuel its expansion initiatives. JM Financials will guide the brand on its future fund-raising initiatives.

Fintech startup IppoPay has partners with Visa to offer business credit cards.

VoiceClub is an on-demand audio consultancy platform. In a seed fundraising round led by Better Capital, it also raised $700,000 from the creators of Kutumb, Dhan, PagarBook, Flobiz, and Khatabook, as well as TDV Partners, Blume creators Fund, Sunn91, and Astir Ventures.

Red Fort Capital announces disbursement of Rs 2.05 Cr as a working capital loan and invoice discounting facility to Centech Engineers Private Limited (“Centech Engineers”). These facilities will help Centech Engineers maintain cash flow, enabling the business to cover its expenses, invest in growth opportunities, meet financial obligations, and complete its work orders.