SV JOURNAL Issue No. 199

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

• Revamp - Revamp Moto is an innovative electric vehicle (EV) company specializing in customizable and modular two-wheelers designed for various commercial and personal uses. Founded in 2021, it gained visibility through its appearance on Shark Tank India, where it secured funding and by making India’s first 100% modular EV. Revamp Moto offers vehicles like the RM Buddie and RM Yaara, catering to delivery and fleet needs with attachments for specific food delivery and retail tasks.
• Multi Nano Sense - Multi Nano Sense specializes in manufacturing gas sensors designed for hydrogen detection. Their product range includes both portable and fixed hydrogen gas detectors, as well as advanced platform gas sensor technology. Utilizing CMOS MEMS or pure-play MEMS microchip technology, their platform sensors can detect and measure gases, vapors, and dust. In addition to hydrogen sensors, Multi Nano Sense is developing vapor and dust sensors. These hydrogen detectors are crucial for monitoring environments such as battery rooms, hydrogen storage areas, and locations with hydrogen pipelines and equipment.
• SustVest - 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.
• 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.

Latest Deals

• Dave AI - Dave AI is an AI-driven sales experience platform that enhances personalized customer interactions, trusted globally for its advanced technology. It offers an Enterprise Software Platform as a Service, enabling brands to boost sales through interactive virtual avatars that engage in natural conversations and understand customer preferences.
• Blep - Blep is an online platform specializing in fresh dog and cat food made with human-grade ingredients. The site offers a variety of products, including wet food, treats, and broth, designed to meet pets’ nutritional needs. Each recipe focuses on essential nutrients for overall health and is free from preservatives, fillers, and artificial flavors.

Past Event

• 52nd Startup Pitch Call cum Deep Dive Call

September 28 | 5:00 PM to 6:30 PM

Startup 1 - Revamp - Recording

Startup 2 - lvlAlpha - Recording

• 4th Demo Day

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

Demo Day - Recording

INDIAN STARTUP WEEKLY DEAL

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

Startup Name | Deal Size | Round

• Mstack Chemicals | $40 Mn | Series A

Artificial intelligence based platform offering data pipeline preparation solutions. The platform allows users to capture structured, semi structured, and unstructured data from multiple sources in real time, analyze, and provide recommendations.

• Investors: Lightspeed, Alphawave, HSBC Innovation Banking
• WayCool Foods | $12 Mn | Debt

Provider of supply chain solutions for agribusiness. It distributes staples, fruits, vegetables, dairy products, and more. It also provides farming solutions, logistics and distribution solutions, supply chain, private label packaging, and more.

• Investors: Grand Anicut
• BASIC Home Loan | $10.6 Mn | Series B

Artificial intelligence based platform offering data pipeline preparation solutions. The platform allows users to capture structured, semi structured, and unstructured data from multiple sources in real time, analyze, and provide recommendations.

• Investors: BII, CE-Ventures, Gruhas, LetsVenture, 100 Unicorns, Venture Catalysts, Ashish Kacholia
• str8bat | $3.5 Mn | Series A

Developer of sensor based wearables for cricket. It analyzes the stance of the batsman, the type of shot and movements using an AI engine. It claims that the platform also enables users to gain access to the best minds in the game through connections with top notch coaches across the globe.

• Investors: Exfinity Venture Partners, RTL, Eternal Capital, VCats Group, Techstars, SucSEED Indovation Fund
• Furnishka | $3.3 Mn | Pre-Series A

Internet first brand of multi-category home furniture

• Investors: LIndiaQuotient, Sparrow Capital, Sujeet Kumar, Ramakant Sharma
• Lissun | $2.5 Mn | Pre-Series A

Mobile app for mental health management. The app offers personalized cognitive behavioural therapy(CBT) programs and guided meditation and mindfulness exercises for users to manage their mental health-related problems.

• Investors: RPSG Capital Ventures, Multiply Ventures, Atrium Angels, IvyCap Ventures, Sucseed Ventures, Rainmatter
• FermionIC Design | $2.5 Mn | Undisclosed

Developer of IPs, and chipsets for wireline and wireless communication systems. Its features include multi-protocol Re-Timers for PCIe and USB4. The platform provides products such as signal integrity ICs, clock driver ICs, LDO products, and RF ICs.

• Investors: Undisclosed
• Balancehero India | $2.3 Mn | Debt

Digital lending platform providing personal loans for individuals. It focuses on underbanked and uncredited users and provides loan products such as cash loans, instant digital personal loans, and more.

• Investors: VentureSoul Partners
• ZEVO | $2 Mn | Pre-Series A

EV supply chain as a service platform offering end-to-end supply chain solutions. The company electrifies the supply chain network that includes first-mile procurement, last-mile delivery, temperature-controlled refrigerated delivery

• Investors: Pegasus India Fund, BizDateUp, JIIF
• ClayCo. Cosmetics Private Limited | $2 Mn | Series A

Provider of skincare products. The product catalog includes sleep mask, foaming enzyme, tan removal cream, peptide powder, serum, and more.

• Investors: Unilever Ventures
• Ai Health Highway | $1.5 Mn | Pre-Series A

AI Health Highway is building a smart stethoscope that can screen, detect & predict Cardio-Respiratory Disorders using state-of-the-art signal processing and Ai capabilities.

• Investors: Turbostart, Rainmatter, Chennai Angels, BITS BioCyTiH Foundation
• Conscious Chemist | $1 Mn | Undisclosed

Internet first brand offering skin care products. The product catalog includes such as cleanser, moisturizer, sunscreen, face masks, serum, and more. The company claims that the products contain retinol, urea, lactic acid, and more.

• Investors: Atomic Captial
• Oncare | $1 Mn | Seed

Provider of comprehensive and trusted cancer treatment services. They have a team of expert oncologists who offer various treatment options, including surgery, chemotherapy, and immunotherapy. The company focuses on providing compassionate care to patients fighting cancer.

• Investors: Huddle Ventures, TRTL Ventures, Cloud Capital, DeVC
• IG Drones | $1 Mn | Undisclosed

Provider of drone-based services for surveying, mapping, and inspection. It offers powerline monitoring, bridge inspection, solar plant and pipeline inspection, railway services, agricultural surveys, and more.

• Investors: India Accelerator
• Zintlr | $900K | Seed

Cloud based sales enablement and contact datbased solutions for for sales teams. It offers a B2B database and business intelligence platform that specializes in providing accurate contact information for Indian businesses.

• Investors: Om Jain, JIIF, Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Ramesh Jain, Prabhakar
• Secret Alchemist | Undisclosed | Undisclosed

Secret Alchemist, formerly named 24 Carat Remedies, champions holistic wellness and self-care through metamorphic Clinical Aromatherapy. They offer a variety of therapeutic oils and products like candles, skincare, haircare, and more to promote healing and relaxation.

• Investors: Samantha Prabhu