Funding
Climate tech startup Aurassure raises Rs 4 Cr in seed round
Bhubaneswar-based climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures.
Aurassure says it will use the capital to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities.
The company uses an Internet of Things (IoT)-enabled systems to collect real-time data and provide accurate forecasts and updates on disasters and frequently changing weather patterns like floods, air pollution, and rainfall along with other climate data.
It has onboarded prestigious clients including Tata Realty, L&T Realty, P&G, Honeywell, IIT Bombay and Google. Aurassure says it has witnessed a 40% QoQ growth and has expanded its operations to cities such as Bhubaneswar, Chennai, Aurangabad, Rajkot and Delhi.
In the next 12 – 18 months, Aurassure plans on deploying over 1,000 sensor devices in eight cities across India.
The company also aims to expand in the Southeast Asia and Africa regions and subsequently, into Europe and the United States.
Healthtech startup Peping raises $400K led by Better Capital
Benagluru-based startup Peping, a digital healthcare platform focusing on gut health, said it has secured funding of $400,000. The undisclosed round was led by Better Capital.
Other angel investors who have joined the funding round include Kunal Shah, Sandeep Kumar Dinodiya, Ganesh Balakrishnan, and Shubham Mishra.
The startup says it is building a digital clinic that delivers solutions for managing dietary and lifestyle factors that contribute to conditions such as IBS, GERD, gastric, gastritis and fatty liver. The company aims to transform the delivery of this crucial aspect of treatment by implementing personalised and tailored care plans that examine various aspects, including lifestyle and test results, to diagnose and target the underlying causes of health problems.
Peping will use the fresh capital to advance the product and technology infrastructure. Additionally, it will also work towards building a team with deep industry knowledge, allocating resources for creative experiments and expanding its acquisition channels.
EvolveX invests in the Pre-Seed round of Deltafour
EvolveX, an early-stage programme founded by We Founder Circle, said it has invested in Deltafour, a unified process digitalisation platform.
Deltafour was part of EvolveX’s Cohort 3, launched in April 2023.
In its pre-seed funding round, Deltafour has raised an undisclosed amount, with EvolveX being the lead investor.
Other investors include We Founder Circle, as well as preeminent investors including Neeraj Tyagi, Bhawna Bhatnagar, Vikas Aggarwal, Abhinav Ayan, and Anirban Chakraborty.
Deltafour will use the capital to invest in team expansion, technology development, and go-to-market initiatives
The startup aims to redefine industrial maintenance, operation, and safety, propelling industrial excellence across process and manufacturing industries with its advanced proprietary solutions. It offers India’s First Bluetooth padlock-enabled digital lockout-tagout solution, according to a press release.
(The copy will be updated with the latest news throughout the day)
