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Funding

Skincare startup CHOSEN raises $1.2M in funding

Chennai-based skincare startup CHOSEN said it has raised $1.2 million in a seed round from friends and family, following an equity-free grant of $100K from Peak XV Partners.

The startup said it will use the funds to hire more people and better its supply chain.

“Our next step is to explore partnerships with B2B sectors such as hospitality, health, travel, and leisure to expand our distribution channels. Our goal is to secure pre-series funding of $10 to $20 million later this year,” said Dr Renita Rajan, Founder of CHOSEN, who added that the startup expects 2X jump in in scale this financial year.

Docplix raises Rs 1.7 Cr in funding

Healthtech startup DocPlix said it has raised Rs 1.7 crore in a bridge round led by Inflection Point Ventures.

The startup stated it will utilise the funds to advance its electronic health record (EHR) system, integrate AI functionalities, and broaden its market outreach.

“Our goal is to become the leading EHR provider in India, leveraging advanced technologies like AI and data analytics to transform healthcare delivery,” said Dr Varun Garg, Co-founder and CEO of Docplix, in a statement.

Founded in 2021 by Dr Varun Garg, Aayush Garg, and Dr Ajay Shukla, DocPlix has digitised health records for 1.4 billion Indians. It offers an ABDM-compliant EHR system with integrated decision support and visualisation tools, aiming to enhance patient care and clinic operations.

Clodura.AI raises $2M in funding

AI sales prospecting solutions Clodura.AI has raised $2 million in funding led by Bharat Innovation Funding and Malpani Ventures.

The startup said it will use the funds to enhance its platform, continue training its LLMs, and expand its user base.

“We are thrilled to receive this investment, which will allow us to push the boundaries of what AI can do in sales prospecting. Clodura.AI is not just a tool, it is a crucial sales companion along the entire sales journey, enhancing every step with advanced AI to ensure salespersons close more deals,” said Kapil Khangaonkar, Founder and CEO of Clodura.AI.

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Other news

EKA Mobility names new executives

E-mobility firm EKA Mobility has named Zoeb Karampurwala as chief product officer, Murali Raju as chief commercial officer, and Vijaykumar Yelne as President of the company.

Karampurwala has previously worked with companies such as Mahindra & Mahindra, Ola Electric Mobility, and Tata Motors, while Raju has held leadership positions at Bharat Forge America and Gerdau.

Yelne comes from MAN Automotive South Africa. He started his career at Cummins Engine Company.

“Their extensive experience and proven leadership in their respective fields will be pivotal as we continue to innovate and expand our footprint in the electric vehicle market,” said Dr Sudhir Mehta, founder and chairman of EKA.

Tenable, Deloitte ink deal to bolster cyber risk management

Tenable and Deloitte said they’ve signed a deal to strengthen their collaborative efforts in providing advanced cyber risk management solutions for IoT and operational technology (OT) environments.

As part of the deal, Deloitte said it will integrate Tenable’s Exposure Management Platform, Tenable Cloud Security, and Tenable OT Security into its portfolio of cybersecurity solutions, expanding its offerings for managing cyber risks in IoT and OT domains.

“By collaborating with Deloitte, organisations will be able to use preventive security measures to better understand their cyber risks and help resolve issues before they can be exploited by threat actors,” said Jeff Brooks, senior vice president of global channels and business development at Tenable, which specialises in providing exposure management solutions to help organisations assess, manage, and reduce their cybersecurity risks.