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The image is a banner featuring the logo and branding for DocPlix, with the tagline "Naye Bharat Ka Asli Healthcare." The logo includes a stylized stethoscope forming a cross, with green and orange elements. The background features a DNA helix graphic on the left and a design with dots and curved lines on the right, adding a modern and scientific feel to the overall design. The text "DocPlix" is in bold, with the tagline emphasizing authentic healthcare for a new India.

DocPlix Raises ₹1.2 Crore for Electronic Health Record Expansion, Backed by IPV

DocPlix, a health-tech startup, recently secured funding of Rs 1.2 crore from Inflection Point Ventures (IPV). The investment will fuel their product development, enhance AI capabilities, and broaden their market reach. Focusing on digitalizing health records in India, DocPlix aligns with the Ayushman Bharat Digital Mission to establish a secure and interoperable Electronic Health Record system. This expansion is particularly targeted at enhancing healthcare accessibility in tier-2 and tier-3 cities. Notably, DocPlix has achieved a high renewal rate of 93%, indicating strong customer retention and satisfaction.

By
Anurag Trivedi
The image is a digital banner titled "THIS WEEK in STARTUPS," with the dates "01 June - 07 June 2024" indicated. The design features a large, bold text in blue with a stylized sunburst graphic in yellow to the left of the main title. Below the dates, in smaller font, reads "Entrepreneurship Studio." The background is plain white, and on the right side, there are abstract blue and yellow wavy lines, adding a dynamic and modern feel to the design. The banner also includes the hashtag "#thisweekinstartups" at the bottom left, suggesting its use for social media or web contexts related to startup news and events.

This Week In Startups: June 1-7

This Week in Startups 🌟 | Stay ahead with Entrepreneurship Studio as we bring you the latest and most exciting updates from the startup world. From groundbreaking funding rounds to innovative breakthroughs, we've got your weekly dose of entrepreneurial spirit right here!

By
Anurag Trivedi
The image is a promotional banner featuring two segments. On the left, there is a stylized illustration of various skincare products being held up by human hands against a pale pink background with star accents, suggesting a focus on beauty and wellness products. On the right, a portrait of a confident Indian woman in a red blouse and black pants, standing with crossed arms and smiling, set against a geometric red and white background. This design likely represents the leadership behind the skincare brand, emphasizing both the product line and the entrepreneurial spirit.

CHOSEN Secures $1.2M Seed Funding for Skincare Expansion

CHOSEN, a Chennai-based skincare startup founded by Dr. Renita Rajan, has raised $1.2 million in seed funding from friends and family, following a $100,000 equity-free grant from Peak XV Partners. This funding will enhance strategic expansion, including exploring B2B partnerships in sectors like hospitality and health. The company, known for safe and effective skincare, plans to introduce 12 new products and aims for pre-series funding of $10-20 million later this year. Currently, CHOSEN has a robust product lineup and a workforce of 130, projecting significant growth and scale in the coming fiscal year.

By
Anurag Trivedi
The image features a promotional banner for Testsigma, showcasing three of its founders against a dark backdrop overlaid with circuit board designs. From left to right, the founders displayed are Rukmangada Kandyala, Pratheep Velicherla, and Vikram Chaitanya, all wearing black polo shirts with the Testsigma logo. The Testsigma logo is also displayed prominently on the left side of the image, symbolizing the company's focus on tech innovation.

Testsigma Secures $8.2M for AI-Driven QA: Enhances Automation with Generative AI

Testsigma, an Indian-founded AI-powered, low-code test automation platform, announced it has raised $8.2 million in a funding round led by MassMutual Ventures, with participation from previous investors Accel, STRIVE, and BoldCap. The company, which raised $4.6M in 2022, introduced new GenAI features to enhance QA team efficiency and unveiled a product for the Salesforce ecosystem. Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma aims to automate testing using natural language and generative AI.

By
Anurag Trivedi
The image features a stylized representation of LogicLadder's financial growth and technological focus. On the left, there are stacks of gold coins symbolizing a recent investment of $2.5 million. These coins are connected by circuit lines to a central microchip with the LogicLadder logo, indicating how the investment fuels the company’s tech-driven solutions in sustainability and climate action. The green background suggests the focus on environmental technologies.

Decarbonize Your Business & Save Money: SaaS Startup LogicLadder Secures $2.5M

Discover how LogicLadder, a trailblazer in climate action technologies, is ramping up its global presence with a $2.5 million investment led by BIG Capital and Rainmatter. With this funding, LogicLadder aims to refine its acclaimed Sustainability Cloud platform, helping leading firms like Maruti Suzuki and NTPC achieve crucial sustainability targets.

By
Anurag Trivedi
This banner image for Greenday features three people standing against a green background, with the Greenday logo and the tagline "Kisan ki Dukan". The man on the left is holding a package of 'Atta' and the woman on the right is holding a package of 'Rice', both products of Greenday. Between them stands PV Sindhu, the brand ambassador, dressed in a white shirt and green jacket, contributing to the brand's identity focused on healthier, fortified food products. The design elements in the background emphasize a fresh and organic feel, aligned with the brand's health-focused messaging.

Badminton Star PV Sindhu Invests in & Endorses Greenday, Startup Led by IIM Alumni

Indian badminton star PV Sindhu invests in and becomes brand ambassador for Greenday's "Better Nutrition" initiative. This collaboration tackles micronutrient deficiencies by fortifying staple crops with essential vitamins and minerals. Greenday partners with HarvestPlus Solutions to develop biofortified crops like rice and wheat. These efforts aim to improve public health and farmer income. Sindhu emphasizes the initiative's dedication to health and farmer support. Greenday highlights the importance of addressing nutrient deficiencies and sees Sindhu's involvement as a boost to awareness and market growth.

By
Anurag Trivedi
The image features a portrait of a South Asian man in a dark suit over a white shirt, set against an orange background with a pattern of concentric arcs resembling sound waves or sunrise. The logo of JiviAI is displayed in the upper right corner, suggesting a promotional or professional context related to the JiviAI company.

Indian AI Startup JiviAI Surpasses Google and OpenAI in Medical AI, Claims Top Global Ranking with Jivi MedX

Gurugram-based healthcare company JiviAI has announced that its AI model, Jivi MedX, has outperformed giants like Google's Med-PaLM 2 and OpenAI's GPT-4 in the medical AI field. Achieving an impressive average score of 91.65 across nine benchmark categories, Jivi MedX is set to revolutionize medical diagnostics and patient care. Co-founded by Ankur Jain and G V Sanjay Reddy, JiviAI is driving forward with plans to launch Jivi MedX in August 2024, aiming to enhance healthcare outcomes through advanced AI capabilities. The startup is exploring partnerships to broaden its impact as it prepares for a global launch.

By
Anurag Trivedi
A promotional graphic for Country Delight featuring a bright logo with the brand name enveloped in a pink, sunrise-like emblem against a deep blue background. Beside the logo, a stylized illustration of a milk bottle with milk splashing around it, set over dynamic, white wave lines that suggest movement and freshness.

Country Delight Nears Unicorn Status with Rs 76 Cr Boost, Plans Expansive Product Portfolio

Country Delight is on the verge of becoming a unicorn with its latest $76.65 million funding, comprising debentures and convertible shares. With a valuation nearing $820 million, the company bolsters its expansive product line, serving 15 major Indian cities. This growth is backed by substantial investor confidence, marking a significant year with increased operating revenue and strategic expansions.

By
Anurag Trivedi
This image features a visual representation of the Rebel Foods brand, showcasing a collection of hexagonal tiles, each bearing the name and logo of different food brands managed by Rebel Foods, such as Faasos, Behrouz, Wendy's, and Oven Story. The tiles are arranged around the bold Rebel Foods logo in the center, interspersed with dollar sign symbols, indicating the financial aspect of the company, likely in reference to funding or revenue. The arrangement and design highlight the diversity and scale of Rebel Foods' operations in the cloud kitchen and food delivery sector.

Rebel Foods Secures $13 Million in Debt Financing from Alteria and InnoVen Capital

Rebel Foods has recently secured $13 million in debt financing from Alteria Capital and InnoVen Capital, further strengthening its position as a leading player in the cloud kitchen sector. This new funding round will support Rebel Foods in enhancing its technological capabilities and expanding its global presence, reinforcing its commitment to revolutionizing the food delivery ecosystem with its innovative business model.

By
Anurag Trivedi
The image is a banner titled "THIS WEEK in STARTUPS" and displays the date range "27 May - 31 May 2024". It features a minimalist design with large, bold text in blue on a light beige background. A stylized graphic consisting of wavy lines in varying shades of blue and yellow circles flows across the right side, adding visual interest. The logo of Entrepreneurship Studio is positioned at the bottom right corner, indicating their affiliation with the event or content being advertised.

This Week In Startups: May 27-31

This week's update from Entrepreneurship Studio showcases a vibrant series of funding activities and strategic expansions among Indian startups, highlighting the continuous growth and innovation within the sector. Sorin Investments, spearheaded by industry veteran Sanjay Nayar, has successfully closed its maiden fund at Rs 1,350 crore, aiming to catalyze early-stage tech startups. Concurrently, Sauce.vc has initiated its third venture fund targeting ₹250 crore to invest in consumer brands, reinforcing its commitment to nurturing emerging enterprises. In the mobility sector, Euler Motors has secured $24M to broaden its reach across India, supporting the adoption of sustainable transportation solutions. Additionally, DiFACTO Robotics and Automation is set to enhance its international footprint with a Rs 40 crore investment from Stakeboat Capital, which will enable further expansion of its robotic automation systems globally. Moreover, fitness tech startup Portl and agritech firm Fyllo have also received significant funding to advance their innovative solutions in fitness and agriculture respectively. Finally, TechEagle has raised seed funding to refine its drone delivery systems, emphasizing efficiency in rural and remote deliveries. This collective momentum underscores a robust investment landscape, promising substantial advancements in various sectors through technological innovation and strategic funding initiatives.

By
Anurag Trivedi
Promotional graphic for Vegapay showcasing a vibrant visual with a split background. The left side is navy blue featuring a credit card marked 'Vegapay' with currency symbols flying around it, and a plane circling above, symbolizing global reach. The right side is orange with the Vegapay logo, a bag of money, and stacked coins, emphasizing financial growth and investment. The overall design highlights Vegapay's financial services and global expansion aspirations.

Fintech Innovator VegaPay Secures $5.5 Million in Funding Round Led by Elevation Capital

Vegapay, a burgeoning B2B fintech startup, has raised $5.5 million in equity funding led by Elevation Capital and supported by Eximius Ventures. This round will fund product enhancements, regulatory compliance, and team expansion, including software developers and engineers. The company, which streamlines financial processes for institutions, plans to introduce a new credit card and a UPI credit line solution in collaboration with major banks. With ambitions to expand globally and a target to achieve significant revenue and card issuance milestones by next year, Vegapay is positioned to innovate the credit systems of financial institutions.

By
Anurag Trivedi
Illustrative graphic for Skill India campaign featuring a silhouette of a human head in profile against a navy blue background. Inside the head, colorful gears symbolize brain activity, aligned with the 'Skill India' logo in vibrant orange and green, emphasizing cognitive growth and skill development.

T-Hub Concludes Skill India Digital Accelerator Program, Empowering 10 Startups with HDFC and NSDC to Innovate Skill Development

The Skill India Digital Accelerator Program, an innovative partnership between T-Hub, NSDC, and HDFC's Parivartan Startup Grants, has achieved a significant milestone by concluding its latest cohort. This pioneering initiative is dedicated to boosting skill development and employability through the strategic support of startups that bring fresh, transformative solutions to the table. Focusing on inclusivity and technological integration, the program has empowered ten exceptional startups, ensuring they are well-equipped to enhance India’s skill development landscape. With an emphasis on practical tools and accessibility, these startups are now poised to make a lasting impact on the workforce, driving India towards a more skilled and future-ready nation.

By
Anurag Trivedi
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