Start-Ups

Generative AI startup Hexo has raised $270,000 in a pre-seed funding round led by Antler India, via the VC firm’s Antler India Residency initiative. Founded by Vignesh Baskaran and Kunal Bhati, The startup is building an open-source image generation API that offers a wide range of controls to make image generation more predictable and accurate. This fine-tuner product for enterprises is targeted at enabling them to easily build custom image generation engines based on the company’s design language, products, characters, IP etc. “Our first product is a fine-tuner for enterprises to build custom…

In-Med Prognostics, an AI-based health tech startup, has raised $2.13 million in a new funding round. The raised capital will be used towards expanding its product portfolio and tap global markets. Pune-based In-Med Prognostics, an AI-based health tech startup, has raised $2.13 million in a new funding round led by Exxora, along with the participation from angel investors. According to the startup, the raised capital will be used towards expanding its product portfolio and tap global markets. In-Med Prognostics, founded in 2018 by Latha Poonamallee and Rajesh Purushottam, offers AI-powered image processing proprietary…

iXRLabs has raised $800,000 in a seed funding round. The startup plans to use the raised capital for scaling up the product.   iXRLabs, a Virtual Reality (VR) edtech startup for higher education, has raised $800,000 in a seed funding round led by an infrastructure development industry angel investor. The startup intends to use the funds raised to expand the product. Nihar Madkaiker founded iXRLabs, which provides experiential and immersive VR educational modules to universities and colleges in engineering, medicine, and sciences. According to the startup, its goal is to…

Pune-based ThingsUp has raised $600,000 in a seed funding round. The funds raised will be used to double down on the product development, sales, and operations teams. ThingsUp, a Pune-based low-code platform that assists businesses in developing and deploying IoT applications, has raised $600,000 in a seed funding round led by Silverneedle Ventures, Udyat Ventures, Lead Angels, GSF (an existing investor), and other angel investors. The funds raised will be used to expand the product development, sales, and operations teams, according to the startup. It will also introduce two additional…

Bengaluru-based Varaha platform has raised $4 million in a seed funding round. The platform was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur. Bengaluru-based Varaha, a technology-enabled platform for generating carbon credits through nature-based solutions, has raised $4 million in a seed funding round led by Orios Venture Partners, with Omnivore, RTP Global, Better Capital, and other angel investors participating. Varaha was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur to modernise carbon markets through diverse climate action projects that are vetted using advanced remote sensing…

Uniqus Consultech announced the launch of its operations by raising US$12.5 million in a Series A funding round. The investment also marks the first investment for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, Former Chairman of KKR India. Uniqus Consultech, a tech-enabled global platform that provides ESG and accounting and reporting consulting, announced the launch of its operations by raising US$12.5 million in a Series A funding round for the sale of a minority stake. The funding round was led by Nexus Venture Partners,…