A professor at the Indian Institute of Technology (IIT) Kanpur has developed a technique for regenerating bones by mixing two chemicals into a paste and injecting it into the affected area. The bioactive chemicals will be carried by the ceramic-based mixture, which will aid in bone regrowth. Ashok Kumar, a professor in the department of biosciences and bioengineering, who made the technology, said, “This will make an artificial bone like a natural one. From India’s point of view, it can be called a revolution in medical science.” An agreement to…
Read MoreMonth: March 2022
Femtech D2C startup Healthfab raises $286K in funding led by Beyondseed, others
Healthfab, a Bengaluru-based femtech direct-to-consumer (D2C) firm, announced today that it has raised Rs 2.17 crore in a seed fundraising round headed by Singapore-based Beyondseed, with angel investors Goh Ee Fann and Abhijit Datta participating. Healthfab was formed in 2019 by Kiriti Acharjee, Saurav Chakraborty, and Satyajit Chakraborty with the goal of providing cheap solutions for a healthy and sustainable human life. The company’s primary product, ‘GoPadFree,’ was created to provide comfort to women while also promoting a more plastic-free society. In a statement, the company stated that these panties…
Read MoreChennai-based Wiz Freight raises $36M in funding led by Tiger Global, others
Wiz Freight, a Chennai-based tech-enabled freight management platform for exporters and importers, announced today that it has raised Rs 275 crore ($36 million) in a new financing round led by Tiger Global, a US-based venture capital firm. Other investors who took part in the round included Axilor Foundamental, Arali Ventures, Stride Ventures, and Alteria Capital. Wiz Freight is a tech platform that allows exporters and importers in emerging markets to book and manage cross-border shipments. It was founded in August 2020 by serial entrepreneurs Ramkumar Govindarajan and Ramkumar Ramachandran. Shippers…
Read MoreStartup Agrostar acquires INI Farms; eyes combined turnover of over Rs 1,000 cr in next fiscal
AgroStar, a farm advisory and input platform, announced on Thursday that it has acquired INI Farms Pvt Ltd to expand its operations. In the coming fiscal year, the firm wants to increase its income to more than Rs 1,000 crore. INI Farms, based in Mumbai, is a significant exporter of fruits and vegetables, and its products are sold under the ‘Kimaye’ brand. Pankaj and Purnima Khandelwal launched INI Farms in 2009, and the company now handles over 50,000 tonnes of fruit per year. “We have acquired INI Farms through a…
Read MoreLogistics startup Delhivery partners with Reliance-owned Ajio to improve customer experience
New-age logistics and supply chain startup delhivery announced a partnership with Ajio, a Reliance-owned fashion and clothing store, to improve consumer experience. “Delhivery partnered with Ajio to launch a technology-based Quality Check Return Product (QC-RVP). The QC-RVP product enables Delhivery’s around 26,000 last mile agents to perform stringent quality checks at the customer’s doorstep before returning the shipment to Ajio.” the company said in a statement. The IPO-bound startup also stated that it has successfully boosted the resaleability of returned goods from 25% to 98 percent, resulting in higher margins…
Read MoreBabylon Health taps Google Cloud to boost scalability and innovation
Babylon Health, an AI-powered healthcare provider, has announced a partnership with Google Cloud to increase scalability and innovation. London-based Babylon Health is a digital-first health-care company that employs artificial intelligence and machine learning to give consumers access to health information anytime and wherever they need it. With the goal of making healthcare more accessible and inexpensive to 24 million patients worldwide, the company has worked with private and public organisations in the UK, North America, Southeast Asia, and Rwanda. “Our job is to help people to stay well and we’re…
Read MoreGoogle Chrome version 100 rollout marks a century of updates with a new logo
Google’s Chrome browser versions have now reached triple digits with the introduction of Chrome 100, . On Windows, Mac, Linux, Android, and iOS, a stable build of the new Chrome 100 is now available. With it, Google also brings a new logo for the Chrome browser, which hasn’t been updated since 2014. The world’s most popular web browser turning 100 was destined to be a cause for celebration. Though the most of it is limited to demonstrating Chrome’s accomplishments since its inception in 2008. As a result, the firm has…
Read MoreVisa launches creator program to help small entrepreneurs tap into NFTs
Visa has launched a creator initiative to enable small company owners such as filmmakers, digital-first artists, singers, and fashion designers understand how non-fungible tokens (NFT) might help them grow their businesses. Visa said it will choose a group of entrepreneurs for the creator programme and provide them with technical mentorship, access to researchers and specialists in cryptography, web3, and online commerce, as well as opportunities to engage with Visa’s client and partner firms. Creators will also receive one-time money in the form of a stipend to help them build their…
Read MoreVC fund General Catalyst looks to boost its India investments
General Catalyst, a US-based venture capital firm that has backed companies such as Stripe, Snap, and Airbnb, will boost its focus on India, striking additional agreements at various stages as it seeks to strengthen its footprint in one of the world’s largest emerging economies. Former SoftBank investor Deep Nishar, who joined General Catalyst in January, and former Snapdeal and Meta (the erstwhile Facebook) executive Anand Chandrasekaran will be at the forefront of this push into India. Hemant Taneja, the fund’s managing partner, who is now in India, said he was…
Read MoreEV ecosystem platform startup Pi Beam Electric raises $1.7M in funding led by Inflection Point Ventures
Pi Beam Electric, a Bengaluru-Chennai-based vertically integrated EV ecosystem platform for last-mile logistics and transportation, announced today that it has raised $1.7 million in a pre-Series A funding round headed by Gurugram-based angel investment company Inflection Point Ventures. Family offices such as Sattva Group and Nanavati family, as well as syndicates such as Sincere Syndication and Conscience Multi-family Office, all participated in the round. Apart from the existing investors, industry heavyweights Mr. Arshad Sayyad (former India Head Fidelity Investments), Mr. Vijay Ratnaparke (CIO of Robert Bosch), Mr. Shaji Koshy (former…
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