Insight

Impact Guru, India’s leading medical crowdfunding platform has announced the appointment of Shubbam Sharrma as its Chief Business Officer. Shubbam joins Impact Guru from CarDekho Group where he last served as Head of Used Car Business.

In its Series A round, headed by Info Edge Ventures and included participation from current investors M Venture Partners and Incubate Fund Asia, e-commerce startup BuyEazzy secured $4.25 million.

Capital-A, an early-stage venture capital fund, financed a $1 million fundraising round for Bharatsure, the parent company of Healthysure.

Bengaluru-based insurance-tech startup Healspan, a prominent provider of B2B insurance claims management software, has raised ₹1.2 Crore in a recently concluded pre-seed funding round led by startup community-builder and accelerator PedalStart.

The fintech startup FinAGG Technologies secured $11 mn in a Series A fundraising round headed by Tata Capital and BlueOrchard, which is supported by Schroders.

Alt Mobility, an EV leasing platform, has secured $6mn in funding co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam. In addition, LetsVenture, Piper Serica, Pitchright, and UC Inclusive participated in the round with a combination of venture debt and equity.

Aerial logistics drone startup BonV Aero has raised INR 6 Crore in a round led by Inflection Point Ventures (IPV). Funds will be primarily directed toward client demonstrations, team expansion and internal R&D focused on enhancing products for customers, researching propulsion systems and advancing power plants.

Emerald Technology Ventures and Mela Ventures led a $4 million Series A investment for INDRA, a manufacturer of smart water treatment equipment. The Climate Angels and Peak Sustainability Ventures also participated in the financing.

The audio series startup Pocket FM said that Lalit Gangwar has been promoted to Vice President and Country Head - US. He will now oversee the business's media business and drive revenue expansion in the US market.

Venture capital company General Catalyst led a $2.75 million seed investment round for the aerospace and defence manufacturing company JEH Aerospace.