Browsing: funding

Reveal HealthTech secured $7.2 million in series A funding, led by Leo Capital, to expand its AI healthcare solutions. The company, incubated by W Health Ventures and 2070 Health, will use the funds to commercialize AI tools like BioCanvas and Prism AI, focusing on maret education and scalability.

Hyderabad: Enmovil, a full-stack AI supply chain planning and visibility startup, has raised Rs 52 crore (approx. $6 million) through a Series A funding round led by Sorin Investments, an early stage Indian venture capital firm co-founded by former KKR India CEO Sanjay Nayar and Caravel Group COO Angad Banga. Capria Ventures and Twynam also participated in the funding round.

“This funding from Elevation Capital and General Catalyst will allow us to build mega factories and enhance our technology while continuing to deliver exceptional value to our global customers,” said Vishal R. Sanghavi, founder and CEO, Jeh Aerospace.

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.