SV JOURNAL: Issue No. 194

This journal provides our readers with comprehensive coverage of the latest updates and advancements within SV and Indian Startup ecosystems.

HOT DEALS ON SVDEAL.COM

• Neural Defend - Neural Defend.io is at the forefront of combating financial fraud through advanced deepfake detection technology. As deepfake and AI-driven crimes are predicted to cause global losses of $10.5 trillion by 2025, the company is addressing a critical need for real-time defense mechanisms. Neural Defend.io leverages state-of-the-art multimodal algorithms to detect deepfakes in videos and audios, providing instant protection against malicious digital manipulation.
• Social Hardware - Social Hardware specializes in prosthetics, bionics, and assistive technology, enhancing the lives of over 500 families with advanced devices. In 2023, the company evolved into a deep tech firm, merging bionics with robotics and Extended Reality (XR) to create cutting-edge hardware solutions. They are committed to overcoming technological limitations, improving global human-machine interaction, and advancing technology to foster equal opportunities for all.
• Cloudworx - CloudWorx is a pioneering startup revolutionizing the management and optimization of physical assets and factories. Utilizing advanced technologies like IoT, 3D, and No Code, CloudWorx creates highly accurate and efficient digital twins that mirror real-world environments.
• Burgerama - Inspired by Shake Shack and In-n-Out, Burgerama is a premium burger chain offering high-quality comfort food in eco-friendly packaging. Its central kitchen in Gurgaon, supported by TCI Express?as its distribution partner, supplies all stores nationwide, eliminating the need for a kitchen in each city and capable of handling 2.5 times the current demand.
• Relata - Relata is a pioneering Proptech startup developing a cutting-edge customer experience platform tailored for the real estate industry. Their platform is engineered to elevate client interactions and personalize experiences within real estate businesses. By utilizing Relata, real estate companies can consolidate and efficiently manage all client engagements—from customer demonstrations and site visits to negotiations and property bookings—all within a unified platform.

Latest Deals

• Intellithink - Intellithink specializes in developing advanced sensors and AI/ML solutions designed to deliver early actionable insights into machine health and industrial energy efficiency. Their IntelliAmp technology leverages electrical signature data from the motor control panels of rotating equipment to identify real-time energy wastage, whether it stems from supply issues, equipment malfunctions, or process/operational inefficiencies.
• SustVest - Founded in 2020, SustVest is at the forefront of advancing solar energy access by addressing key industry challenges. For MSMEs, it enables solar adoption without the burden of substantial capital outlays or complex loan processes. For retail investors, SustVest provides fractionalized investment opportunities in solar projects through SEBI-regulated securitized debt instruments. Notably, their Subros project, valued at ?3 crore, sold out in just 3 minutes. SustVest partners with prominent industry leaders such as TATA Power and Panasonic and serves an esteemed clientele, including CRPF and Hitachi.

Past Event

• 49th Startup Pitch Call cum Deep Dive Call

August 17 | 5:00 PM to 6:30 PM

Startup 1 - Intellithink - Recording

Startup 2 - SustVest - Recording

• 4th Demo Day

July 19 | 5:00 PM - 7:00 PM

Demo Day - Recording

MEETUPS

INDIAN STARTUP WEEKLY DEAL

Stay informed by perusing our coverage of ongoing deals within the Indian Startup Ecosystem.

Startup Name | Deal Size | Round

• Zepto | $340 Mn | Undisclosed

Application-based platform offering on demand grocery delivery service. The product catalog includes meat, seafood, fruits, vegetables, oil, honey, bread, spices, and more. It also provides beauty and household essentials. The application is available on both iOS and Android platforms.

• Investors - General Catalyst, Dragon Fund, Epiq Capital, StepStone, Lightspeed, DST, Contrary
• Blue Tokai Coffee Roasters | $35 Mn | Series C

Internet first brand of coffee subscription. Its product includes ready to drink, roasted & ground coffee, capsules, brew cans, mugs, brewing equipment, and grinders. Also provides coffee e-gift cards, brewing guides, and coffee classes.

• Investors - Verlinvest, Anicut Capital, A91 Partners
• Yubi | $29.8 Mn | Undisclosed

Online marketplace for business loans. It offers a debt marketplace that enables businesses to raise capital with a proprietary matchmaking algorithm and a deal execution engine. The platform also provides a robust AI-enabled, SaaS-based debt recovery platform and a collections platform. It also features like AI-based analytics, automated custom reports, API integration, and monitoring tools.

• Investors - Gaurav Kumar
• AGRIM | $17.3 Mn | Series B

Provider of retail services for agriculture products. It offers services for agri-input retailers. Allows them to purchase a wide range of Agri inputs at a reasonable price and flexible payment options. It also allows them to get goods delivered at their shops. The mobile application is available on Android platforms.

• Investors - Aisa Impact
• Piligrim IT | $9 Mn | Series B

Developer of hardware for tracking. It provides users with products for tracking high-value objects like office equipment and personal objects like mobile phones. Its features include location by base stations, a marketplace for surveillance products, and search systems.

• Investors - Fireside Ventures, Vertex Ventures, NSFO Ventures, Mirabilis Investment, NABS Vriddhi
• HouseEazy | $7 Mn | Series A

Provider of AI-driven reseller platform for residential properties. Users can upload apartment details on the platform and get cash offers after the visit to the property. The platform uses a machine learning-based price discovery algorithm that takes into account data such as on-ground market trends, registry records, demand and supply analysis, apartment details, and its own past transactions.

• Investors - Chiratae Ventures, Alteria Capital, Antler
• Convin | $6.5 Mn | Series A

Cloud based conversation intelligence solutions. The platform enables businesses to capture conversations from multiple platforms. It transcribes and analyzes conversations to generate insights into the market that helps in understanding customer requirements, tracking sales, and more. It also allows members to highlight parts of the call, and create a playbook to handle specific scenarios using the tracks of deals closed.

• Investors - India Quotient, JSW Ventures, Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, 100 Unicorns
• Finarkein Analytics | $4.7 Mn | Pre-Series A

Workflow orchestration and data analytics platform. It is a data analytics company working around open data standards like the account aggregator, Digi locker, and more. As the access to data opens up across sectors ranging from agriculture to finance to health and more, finarkein is building a flywheel around these open digital ecosystems enabling entrepreneurs and builders to hit the ground running by providing a state of the art data playground. finarkeins flagship offering, flux, enables data folks to create data driven workflows which are callable as APIs.Investors - Nexus Venture Partners, IIFL, Eximius Ventures, Nitin Gupta, Chirag Jain

• Kreedo Early Childhood Solutions | $4 Mn | Series A

Provider of tech-enabled services for preschools. It provides services for teachers and schools for monitoring students, teachers and more.

• Investors - Heritas Capital, UBS Optimus Foundation, Gray Matters Capital, 1Crowd, Chennai Angels, Joka Angel Network
• plutosONE | $2 Mn | Seed

Provider of digital transaction services for banking sector

• Investors - StartupXseed, Genesia Ventures, Auxano Capital, Raghuvanshi Investments
• Sunfox Technologies | $1.8 Mn | Undisclosed

Developer of portable ECG solution for cardiac diagnostics. It provides users with a company that offers ECG device is a lightweight, pocket-sized device for the early detection and effective management of heart conditions.

• Investors - Venture Catalysts, IA Growth Opportunities Fund I, Brew Opportunities Fund, Universal Group, RP Singhvi Group
• LAIQA | $1.8 Mn | Seed

Brand of sanitary pads

• Investors - IvyCap Ventures
• just words | $1.7 Mn | Seed

Platform that helps companies generate and tune short-form content. It allows users to gegerate content such as emails, SMS, SEO, push notifications, and landing page titles. It offers pre-built templates infused with aggregated business intelligence that can be customized with a company's voice and tone.

• Investors - Peak XV Partners, Y Combinator
• DeepMatrix | $1.6 Mn | Pre-Series A

Provider of drone-based data analytics and management

• Investors - YourNest, Arali Ventures, Abhishek Goyal
• ProFinTech Technologies | $1.4 Mn | Seed

Provider of AI and marketplace-based finacial solutions for businesses. It provides users with a company that offers tailored financing solutions to help businesses access capital for growth and manage day-to-day operations. It also provides users with

• Investors - K.I. Varaprasad Reddy family office, Rahul Gedupudi family office, Sreeman Chalasani family office, Srinivas Kalagara family office
• Cambrian Bioworks | $1.4 Mn | Seed

Manufacturer of PCR plate seal, sample preparation, and extraction kits. It builds products and applications for the Diagnostics and life sciences sectors. It products are used across a wide variety of diagnostics and life sciences applications.

• Investors - Irani family office, Vaibhav Hegde
• Insurance Padosi | $500K | Pre-Seed

Provider of health insurance services

• Investors - Antler
• Oda Class | $500K | Series B

Oda Class is an online live tutoring platform for school students. It works on the basis of a dual teacher system where one teacher provides live online classes for kids and other teacher provide doubt solving, mentoring support, making reports, etc. The classes are conducted through a virtual platform. The app is available on the Android platform.

• Investors - Undisclosed
• Medront | $126.4K | Pre-Seed

Application for data privacy and data authentication solution. Providing customers with solutions to manage the personal data and securely interchange it with direct to consumer brands through the use of secure data pods and a consent platform. The platform ensures GDPR compliance and doesn't use personal data for ad display.

• Investors - Inflection Point Ventures
• Metaman | Undisclosed | Undisclosed

Internet-first brand selling fast fashion jewelry for men. It offers pendants, chains, studs, bracelets, rings, pearl chains, poker rings, raven chains, nautical pendants, and many more for men.

• Investors - KL Rahul
• Onemoney | Undisclosed | Undisclosed

Onemoeny is an account aggregator app for individuals and small businesses. The app aggregates multiple financial accounts of the user and categorise transactions for financial planning and spend analysis. Allows the users to create the budget & financial goals. They can also plan & schedule bill payments via the app. App is available for iOS and Android platforms. The company is also developing a bill payment app.

• Investors - EQUAL
• Better Nutrition | Undisclosed | Undisclosed

Brand of wheat flour, rice and daliya. It offers nutrient-rich fruits and vegetables, such as pomegranates and cauliflower, that are fortified with essential vitamins and minerals.

• Investors - Pankaj Bhadouria