In its Series A round, agetech firm Kites Senior Care raised Rs 45 crore ($5.4 million), under the direction of Manipal Education and Medical Group (MEMG) chairman Ranjan Pai through his family office.
Sugar.fit, an Indian healthtech business treating diabetes, has raised an additional $5 million in a series A round extension, With this, the company has raised a total of US$16 million for the investment round.
With cooperation from current investor Tanglin Venture Partners, Nexus Venture Partners led the $3.4 million Series A investment for coffee QSR chain abCoffee.
The biggest celebration of Indian entrepreneurs, known as "Startup Mahakumbh," will take place for the first time ever in India on March 18–20, 2024, at the esteemed Bharat Mandapam in New Delhi.
Vijya Fintech Private Limited (VFPL) has received a total investment of Rs 15 crore after raising Rs 7 crore in an angel round. Tech specialists, Veloce Fintech, Lemon Tech, and Lemon Emerging Ventures are among the investors in the round.