FutureTech

ekincare, a health benefits firm, has raised $15 million in a Series B fundraising round headed by HealthQuad and Sabre Partners, with current investors Ventureast, Eight Roads Ventures, Siana Capital, and Endiya Partners also participating. ekincare is a fully customised, personalised health benefits platform that assists employers in creating a health benefits package that best satisfies the needs of their employees and their families. The business plans to use the new funding to accelerate its expansion and provide employers with a more simpler health benefits and insurance experience. Dexter Capital…

Looppanel, a platform that enables product and design teams to quickly assess and share insights from Zoom-based user interviews, has secured $1 million in a pre-Seed round headed by Speciale Invest. First Cheque, private investors, and a Sequoia Capital India grant as part of the Sequoia Spark programme are providing further cash. The funds will be used to expand the staff at the Delhi-based firm as they add new features to their product and extend their presence in major target regions throughout the US and EU. Looppanel, founded in 2021…

Amagi, a cloud SaaS technology startup based in New York, has now become a unicorn after raising $95 million (about Rs 723 crore) in a new round of funding at a billion-dollar valuation. The new investment was led by Accel, as well as current investors Norwest Venture Partners and Avataar Ventures. Amagi, which has now collected over $280 million in funding, plans to use the funds to expand its business, both in terms of its international reach and its product offering in the present media and entertainment (M&E) industry. “This…

Clear, formerly ClearTax, a provider of online taxes and finance software, announced on Wednesday that it has acquired supply chain financing technology business Xpedize. This is Clear’s second acquisition, following the purchase of Ybanq, a B2B payments platform, in July. By the conclusion of FY’23, Clear hopes to double down on the collateral lending potential and reach $1 billion in total loan disbursement value. Clear will provide Xpedize investors such as HDFC Capital and YourNest Venture Capital an exit as part of the agreement. According to the corporation, it would…

New Delhi-based Cosmofeed, a content creation platform, has received $1.5 million in seed funding from growx ventures, Waveform Ventures, and 9Unicorns. Silk Bridge Partners (SBP), a Singapore-based investment holding firm, and angel investors Swati Mohan (CBO – Heads Up For Tails, former CMO – Netflix India), Rannvijay Singha (actor, influencer), and Subhadip Nandy participated in the round (trader, financial educator). Cosmofeed, founded by Vivek Yadav and Vishnu Pathak in September 2021, allows content creators to monetize their work and profit on a regular basis. Creators may easily create premium groups,…