SV JOURNAL Issue No. 206

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

• 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.
• 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.

Latest Deals

• Inside FPV - InsideFPV is a pioneering drone technology company creating agile, robust drones tailored for consumer, defense, and agriculture applications. Leveraging proprietary tech, they offer user-friendly, affordable drones that enable seamless access to aerial technology, including features like real-time data monitoring and integrated, secure software solutions. InsideFPV’s achievements include recognition by the Indian Army and awards in global tech forums like X-Pitch Singapore. Their vision is to democratize the skies, making drones accessible and trustworthy, while striving to become the world’s leading drone manufacturer.
• Iom Bioworks - Iom Bioworks is a microbiome-based life sciences company focused on improving health and well-being through advanced technology. By leveraging big data analytics, AI, and mathematical modeling, the company develops innovative, scientifically-backed solutions to enhance gut health, which has a significant impact on overall health and performance.

Past Event

• 54th Startup Pitch Call cum Deep Dive Call

November 16 | 5:00 PM to 6:30 PM

1. Startup - Inside FPV - Recording
2. Startup - Iom Bioworks - Recording

Event

INDIAN STARTUP WEEKLY DEAL

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

Startup Name | Deal Size | Round

• Nazara Technologies Limited | USD 101.3 Mn | Undisclosed

E-sports leagues and casual mobile games platform. The company has diversified gaming and sports media platform. The games published by the company include Chhota Bheem, Oggy Go, Vir the Robot Boy, and many more.

• Investors - SBI Mutual Fund, Junomoneta, Think India Opportunities Master Fund, Mithun Sacheti, Siddhartha Sacheti, MK Best Ideas Sub-Trust, Aamara Capital, Discovery Global Opportunity (Mauritius), Ratnabali Investment, Meenakshi Mercantiles
• AltMobility | USD 10 Mn | Series A

Online electric vehicle leasing platform for delivery professionals. The company provides electric vehicles for lease and on a subscription basis for intracity logistics delivery services. Users can also lease vehicles by providing location, user details, payment details, preferred dates, and more.

• Investors - Eurazeo, Shell Ventures, Twynam Earth Fund, Ev2 Ventures
• OneCard | USD 8.5 Mn | Undisclosed

Credit cards for consumer payments. Offers an app that allows users to control all aspects of credit cards including credit limit, instant rewards redemption, domestic or international use, online or offline transactions, contactless payments, and more.?

• Investors - Better Tomorrow Ventures, Peak XV, Z47
• ShopDeck | USD 8 Mn | Series B

Storefront solutions for e-commerce businesses. It is an e-commerce platform that assists sellers in creating their online store and managing logistics, shipping, marketing, payments, and more for a business to sell products online.

• Investors - Bessemer Venture Partners, Elevation Capital, Chiratae Ventures, Venture Highway
• Elchemy | USD 5.6 Mn | Series A

Distributor of agrochemicals, adhesives & sealants, and other chemicals.

• Investors - Prime Venture Partners, InfoEdge Ventures
• AllThingsBaby.com | USD 3.6 Mn | Series A

Online retail platform offering multi-category mom and baby products. The product catalog includes furniture, skin care products, toys, feeding bottles, breastfeeding pumps, apparel, gear products, diaper bags, and more.

• Investors - Inoventures, Richa Choksi
• Beyond Appliances | USD 2 Mn | Seed

Provider of multi-category kitchenware for consumers. It offers product such as hobtops and chimney for consumers.

• Investors - Fireside Venture, Dharana Capital, Shezan Bhojani, Saurabh Jain, Ramakant Sharma
• Ukhi | USD 1.2 Mn | Pre-Seed

Manufacturer of biodegradable and compostable bioplastic granules using agri-waste. It specializes in creating biopolymers from agricultural waste as a green solution to traditional plastics.

• Investors - 100Unicorns, Venture Catalysts, Avtar Monga, SIDBI
• True Diamond | USD 1 Mn | Seed

A startup specializing in lab-grown diamonds.

• Investors - Titan Capital, Huddle Ventures, Zeropearl Ventures, Ashutosh Valani, Priyank Shah and Aashka Goradia Goble, Ghazal Alagah, Abhishek Goyal, Anmol Jain
• ParkMate In | USD 1.2 Mn | Undisclosed

App-based platform for booking valet parking services. The platform enables users to book for valet who parks the vehicle at a responsible position and also takes care of the delivery of the vehicle at the designated position. The platform provides an app-based hyperlocal on-demand valet parking service for all car owners.

• Investors - Cactus Partners
• IKIN Global | USD 1 Mn | Pre-Series A

Cloud-integrated smart locks.

• Investors - Unicorn India Ventures, Callapina Capital
• Homversity | USD 1 Mn | Undisclosed

App-based marketplace to book hostels & PGs. The platform enables students to register and search for properties by applying the location filter. Users can book the PGs via the platform. Property owners can list the properties by providing the necessary information such as location, pictures, prices, area, and more. Its mobile app is available for Android devices.

• Investors - Shuru-Up, Inflection Point Ventures, Value Angels, Vinners Group, TAS, Pro-Growth Ventures, Growth 91
• Althion | USD 426 K | Pre-Series A

Developer of IoT enabled medical equipment and devices for healthcare needs. It products are focused on ultra-pure water, which meets unmet needs in kidney dialysis and laboratory settings. It also have a portfolio of products in hemodialysis monitoring and heart health monitoring.

• Investors - BioAngels, Arun Seth, Om Manchanda, KNK Venkatraman, Shubham Rastogi
• BitSave | Undisclosed | Pre-Series A

Indic Wisdom is a private label brand and an online retailer of natural food & beauty products. Offerings include farm produce, cold pressed oils, spices & herbs, natural fragrances, and beauty products. Claims that all of its products are naturally made without any addition of artificial ingredients.?

• Investors - Leo Capital