SV JOURNAL Issue No. 224

SV JOURNAL Issue No. 224

This journal provides our readers with comprehensive coverage of the latest updates and advancements within SV and Indian Startup ecosystems.

HOT DEALS ON SVDEAL.COM

  • Pickkup.io - Pickkup is a tech-enabled, green logistics provider with a 100% leased EV fleet, transforming last-mile and mid-mile delivery. Focused on sustainability, it leverages advanced technology to optimize logistics, cut carbon footprints, and enhance efficiency. Its on-demand pickup and delivery app offers real-time tracking for seamless operations.
  • Startup 1 - A pioneering end-to-end, tech-enabled reverse commerce platform at the heart of the circular economy. By championing conscious consumerism and sustainable capitalism, they are reshaping how we engage with technology.

Latest Deals

  • Startup 2 - An IIT-IIM-led tech laundry startup that provides eco-friendly, affordable care with free doorstep service, ready to expand across India.
  • Startup 3 - An uber-like recycling platform that is revolutionizing waste disposal with an easy, on-demand pickup service.

Past Event

  • 60th Startup Pitch Call cum Deep Dive Call

March 22 | 5:00 PM to 6:30 PM

  1. Startup 1 - Convenient, fast, modern laundry service
  2. Startup 2 - Tech-driven, Uber-style recycling platform

Event
Article content
Founders & Funders Mixer
INDIAN STARTUP WEEKLY DEAL

Stay informed by perusing our coverage of ongoing deals within the Indian Startup Ecosystem.

Startup Name | Deal Size | Round


  • Scapia | USD 40 Mn | Series B
  • Provider of credit card for travel payments. It enables payments during traveling for booking flights and hotels, payments for lounge, meal payments, and more. Provides redeemable coins on payments made using credit card. The application is made available on Android platform.
  • Investors -  Peak XV Partners, Elevation Capital, Z47, 3STATE Capital


  • Tonbo Imaging | USD 20.4 Mn | Series D
  • Provider of imaging and sensor systems for the military. It provides users with a company that designs, develops, and deploys electro-optics solutions for reconnaissance applications in the defense and space industry. These products also cater to critical infrastructure security, transportation safety, and autonomous vehicle technologies.
  • Investors -  Florintee Advisors, EXIM Bank


  • Pratilipi | USD 20 Mn | Series E
  • Pratilipi is the provider of a vernacular platform for reading and sharing of stories. It enables users to publish and read stories, poetry, essays and articles in multiple Indian languages like Hindi, Gujarati, Kannada, Malayalam and Telugu. They can also rate content posted by members. Its app is available across both Android and iOS platforms.
  • Investors - Jungle Ventures, Ravish Naresh, Arnav Kumar


  • Aerem | USD 12 Mn | Series A
  • They offer solar financing, equipment, and monitoring solutions. They provide tailored solar loan options for residential, commercial, and industrial customers and cater to both businesses and solar EPCs, offering comprehensive support for their solar projects.
  • Investors -  Tokyo Edge Capital Partners, British International Investment, SE Ventures, Riverwalk Holdings, along with existing investors Blume Ventures, Avaana Capital, IDFC, AU Small Finance, Axis Bank, Northern Arc, MAS Financials, Vivriti Capital


  • Sweet Karam Coffee | USD 8 Mn | Series A
  • Internet first brand offers multi-category food products. Its product catalog includes pickles, snacks, and beverages.
  • Investors - Peak XV Partners, Fireside Ventures


  • RapidClaims | USD 8 Mn | Series A
  • RapidClaims is an AI-powered revenue cycle management platform which helps healthcare providers prevent claim denials and maximise reimbursements. By making use of advanced AI, the firm enhances coding accuracy and prevents revenue leakage. 
  • Investors - Accel, Together Fund


  • The Bear House | USD 5.8 Mn | Series A
  • Retailer of men's apparel and accessories. It offers a wide selection of clothing items, including shirts, trousers, jackets, and footwear. The company also provides accessories such as belts, bags, and hats. The business model focuses on e-commerce, providing a convenient online shopping experience for customers. The product catalog encompasses various styles and categories to cater to diverse preferences.
  • Investors -  JM Financial Private Equity


  • FurtherAI | USD 5 Mn | Seed
  • Purpose-built for the insurance industry, FurtherAI’s AI automates complex document processing. It integrates disjointed systems to transform underwriting, compliance, and claims processing at scale.
  • Investors - Nexus Venture Partner, Pioneer AI Fund, South Park Commons, Y Combinator, Converge VC, Xceedance


  • Infinity Group | USD 5 Mn | Series A
  • A non-banking financial corporation offering secured loan products in India. It specializes in tailored property loans for the self-employed, managing secured loan products with finesse. The corporation also provides loans against commodities stored in warehouses and offers combo loans combining property and warehouse receipt financing.
  • Investors - Beams Fintech Fund


  • Evenflow | USD 5 Mn | Series A
  • Platform focused on acquiring and scaling e-commerce businesses. The services include purchasing existing online brands, optimizing operations, and growing digital retail presence. The platform works with various categories of consumer goods and internet-first brands. It provides solutions for business owners seeking exit strategies and growth support.
  • Investors - Venture Catalysts, Sunder Ramachandran


  • Jai Kisan | USD 3 Mn | Undisclosed
  • Developer of financial services and credit solutions for agriculture industry. This entity offers tailored financial products to farmers, retailers, and micro, small, and medium-sized enterprises. Services include loan distribution and supply chain financing, facilitating timely access to affordable credit.
  • Investors - Mirae Asset, Unitary Fund, Blume Ventures


  • DeCharge Network | USD 2.5 Mn | Seed
  • Blockchain-based EV charging station network operator company. It is a blockchain-based electric vehicle (EV) charging infrastructure solutions provider, offering decentralized network of charging stations. Users can charge vehicles by providing location, user details, payment details, vehicle details, and more.
  • Investors - Lemniscap, Colosseum, Daedalus Angels, EV3 Labs, Chainyoda Jedis, Levitate Labs, Nom, Arnold Lee


  • Wendor - Smart Vending Solutions | USD 2.5 Mn | Undisclosed
  • Manufacturer and supplier of smart vending machines with cashless payment options. These machines offer features such as remote monitoring, inventory tracking, and support for various digital payment methods. The company provides solutions for businesses seeking to install and manage vending machines, including consultation and support services.
  • Investors -  Elanpro


  • LehLah | USD 1.5 Mn | Seed
  • Monetize social media content effortlessly. They help users earn commissions by adding affiliate links to their Instagram and YouTube posts. The platform provides tools to automate the process of sharing product links with followers and offers insights to improve engagement and sales. It allows creators to build their audience and earn from their organic content. They focus on providing high commissions and support to help creators succeed.
  • Investors - Gruhas


  • Tvaster Genkalp | USD 1.3 Mn | Pre-Series A
  • Tvaster Genkalp is a molecular diagnostic company specializing in Liquid Biopsy services for Cancer and other diseases, with expertise in droplet digital PCR (ddPCR) technology.
  • Investors - Ideaspring Capital, Invigo Softwares, Mohamed Rela


  • Alienkind | USD 1.2 Mn | Seed
  • Alienkind is a next-generation juice bar that aims to empower the juice ecosystem. The brand aspires to become an extension of its consumers’ personalities, fostering a community that values authenticity and innovation.
  • Investors - Prakash Sikaria, Ravi Iyer, Arpan Sheth


  • Stance Health | USD 1 Mn | Pre-Seed
  • the Bengaluru-based company offers a full-stack programme that includes clinical diagnosis, physiotherapy, and a recovery plan for musculoskeletal pain—a condition affecting muscles, ligaments, tendons, and bones.
  • Investors - General Catalyst, Antler, DEVC, EX Capital, Sriharsha Majety, Nandan Reddy, Kulin Shah


  • Perkant Tech Private Limited | USD 772K | Seed
  • Provider of multi-disease prognosis system for hospitals. The company offers a health screening system that measures all universal parameters and alerts users for any infection instantly. It generates digital patient, bed management, auto-EHR generation, and health monitoring with triage generation.
  • Investors - YourNest Venture Capital, Atal New India Challenge, Villgro Foundation, Sanchi Connect


  • Entvin (YC S22) | USD 585K | Undisclosed
  • Entvin Ai has developed an AI platform that streamlines the notoriously time-consuming, resource-intensive and complex FDA drug approval process.
  • Investors - Y Combinator


  • InnerGize | USD 525K | Pre-Seed
  • Provider of a vagus nerve stimulation device for stress and anxiety reduction. It offers a wearable device that uses neuroacoustic vagal modulation to stimulate the vagus nerve, promoting relaxation and reducing stress and anxiety. It is used at home by adults and is integrated with mobile application to control stimulation parameters.
  • Investors - Antler, Arjun Vaidya, Sharan Hegde, Ritesh Agarwal, Aman Gupta, Azhar Iqubal


  • DriverShaab | USD 330K | Pre-Series A
  • Founded with the vision of becoming India’s #1 driver management company, DriverShaab offers on-demand driver services, logistics support, and employee transportation solutions for businesses. The startup leverages technology to streamline driver aggregation, making operations more reliable and efficient for enterprises across industries.
  • Investors - Firstport Capital, Inflection Point Ventures


Article content
Signup


To view or add a comment, sign in

More articles by Soonicorn Ventures

Explore topics