Insight

Decentralized finance (DeFi) startup Qiro Finance, headed by Alliance, has raised $1.2 million in its pre-seed round for the new business.

An unknown sum from Industrial Metal Powders has been obtained by healthtech company C3 MED-TECH PVT. LTD. in order to introduce innovative telemedicine and AI-driven portable gadgets intended for the identification of eye illnesses.

Leading BNPL startup Finsall in the insurance space, Unicorn India Ventures and Seafund sponsored a bridge deal that garnered Rs 15 crore ($1.8 million).

CredAble, a fintech firm, has secured debt capital from SIDBI totaling Rs 30 crore ($3.6 million).

Blacksoil, an alternative lending platform, has contributed Rs 40 crore ($4.8 million) to salon chain JCB (Jean Claude Biguine) Salons India.

Direct-to-consumer (D2C) skincare company Foxtale announced today that it has raised $18 million (about Rs 150 crore) in a Series B fundraising round headed by Panthera Growth Partners, a Singaporean company.

[Funding News] Drone tech Startup Skye Air Secures $4 Mn From Mount Judi Ventures, Others

Aurm, a provider of safe deposit locker services and an asset protection company, announced the appointment of Vijay Arisetty as its CEO and founder. The creator of the community management tool MyGate is Arisetty.