wayr today India

Category: Startup

  • AI-Powered Recruitment Platform HireBound Secures $2 Million in Seed Funding to Enhance Automation Capabilities

    This article was generated by AI and cites original sources.

    An AI-powered recruitment platform, HireBound, has successfully raised $2 million in a seed funding round led by Kalaari Capital, with additional participation from Antler, Infinyte Club, and CareerNet. This funding will be used by the Bengaluru-based startup to enhance product development, expand go-to-market operations, and fuel global expansion, with a target of achieving a 5x increase in annual recurring revenue (ARR) over the next 12–18 months.

    Co-founded by Sharad Vij and Kumar Vikramaditya, HireBound specializes in an AI-driven recruitment platform that streamlines the entire hiring process. Their advanced AI system manages tasks such as sourcing, engagement, screening, evaluation, and candidate recommendations.

    The company has facilitated over 3 million candidate interactions and trained its system on a vast dataset comprising more than 2 million resumes and 30,000 job openings. Integrating seamlessly with applicant tracking systems (ATS) and human resource management systems (HRMS), HireBound caters to staffing agencies and corporate talent teams.

    With a current team size of 15 members, HireBound plans to expand into global markets within the next 12–24 months while adapting to diverse regional hiring practices and compliance standards.

    Source: Entrackr : Latest Posts

  • Semiconductor Startup optoML Secures $1.8M Funding for Next-Gen AI Chips

    This article was generated by AI and cites original sources.

    optoML, a semiconductor startup specializing in SoC technology, has successfully raised $1.8 million in a pre-Series A funding round led by Bluehill.VC and A99. The company plans to utilize the investment to expand its workforce and commence development on its upcoming line of chips following the 12 nm tapeout completion with TSMC.

    Led by Saravana Maruthamuthu, optoML is known for constructing analog-in-memory compute architectures integrated with optical interconnects to handle AI workloads efficiently. Their proprietary in-memory compute design reportedly offers a significant energy efficiency boost, up to 50 times more than conventional digital accelerators, with a focus on applications in edge computing, enterprise solutions, and data centers.

    Furthermore, optoML has signed a Memorandum of Understanding (MoU) with Kaynes Semiconductor to facilitate assembly and testing operations once TSMC delivers the wafers. The company functions as a fabless semiconductor entity, concentrating on developing scalable AI System-on-Chip (SoC) platforms using FinFET nodes.

    Bluehill.VC, a firm specializing in deep-tech investments spanning semiconductors, defense, energy, and industrial technology, spearheaded the funding round for optoML.

    Source: Entrackr : Latest Posts

  • Oncare Secures ₹27 Cr to Expand Cancer Care Network with Tech Innovation

    This article was generated by AI and cites original sources.

    Oncology startup Oncare has secured ₹27 Cr (approximately $3 Mn) in a Series A funding round to bolster its efforts in expanding its network of cancer care clinics. Led by Sky Impact Capital, the funding round also saw contributions from Huddle Ventures, Lotus Herbal Group, SteerX, and Tremis Capital. The startup’s primary focus with the new capital infusion is to broaden its presence in various metro cities and Tier-2 and Tier-3 markets across India. Additionally, Oncare aims to invest in technology solutions to enhance its clinical operations, care coordination, and overall patient experience.

    Founded in 2023 by Amar Sneh and Deepak Kumar, Oncare operates a distributed oncology care model that emphasizes partnering with accredited hospitals to provide comprehensive medical, surgical, and radiation oncology services under one unified platform. Currently operating multiple centers in the Delhi NCR region, the startup is strategically positioning itself to establish a nationwide network dedicated to standardized and transparent cancer care.

    The infusion of funds into Oncare aligns with the burgeoning growth of the Indian oncology market, which is expected to reach ₹43,000 Cr by FY28, growing at a rate of approximately 14% CAGR. This investment underscores a broader trend where investors are increasingly supporting specialized care models that target specific healthcare needs effectively.

    The healthcare technology sector in India is witnessing substantial growth, with the overall healthtech market projected to achieve a 39% CAGR between 2025 and 2030, surpassing $37 Bn. Notably, Indian healthtech startups raised nearly $700 Mn in 2025, signifying sustained investor interest in innovative healthcare solutions.

    Source: Inc42 Media

  • AI-Powered Recruitment Platform HireBound Secures $2 Million in Seed Funding

    This article was generated by AI and cites original sources.

    AI technology continues to transform the recruitment landscape as HR tech startup HireBound recently closed a $2 million Seed funding round to further develop its AI-powered recruitment platform. The funding, led by Kalaari Capital, with additional participation from Antler, Infinyte Club, and CareerNet, will enable HireBound to enhance its product portfolio, expand market operations, and increase its market presence.

    Founded in 2024 by former LinkedIn executive Sharad Vij and Kumar Vikramaditya, HireBound’s platform leverages AI to automate candidate engagement processes, including sourcing, screening, and evaluation. The Bengaluru-based startup aims to deepen integrations with existing applicant tracking systems and HRMS platforms, while also expanding its team across sales, delivery, and engineering departments.

    HireBound’s approach involves creating AI agents that interact with candidates through various channels, such as voice calls, WhatsApp updates, text messages, and emails, to determine candidate relevance for specific roles. With plans to achieve a 5X increase in annual recurring revenue over the next 12-18 months, HireBound is poised to make significant strides in the competitive recruitment technology sector.

    Source: Inc42 Media

  • Leveraging Microbiome Science for Personalized Preventive Healthcare

    This article was generated by AI and cites original sources.

    Bengaluru-based deeptech startup Leucine Rich Bio is revolutionizing preventive healthcare by leveraging microbiome science. By offering at-home microbiome testing and tailoring personalized diets, the startup is shifting the focus from treatment to proactive prevention.

    Microbiome science, which examines the microorganisms living in and on the human body, holds immense potential to unlock personalized health insights. Leucine Rich Bio’s approach allows individuals to gain a deeper understanding of their unique microbiome composition, enabling the customization of preventive measures that cater to their specific health needs.

    Through technology, Leucine Rich Bio empowers individuals to take control of their health by providing actionable data and recommendations based on microbiome analysis. This shift towards personalized preventive healthcare not only enhances individual well-being but also holds the promise of reducing healthcare costs and improving overall public health outcomes.

    By combining cutting-edge science with a user-centric approach, Leucine Rich Bio is at the forefront of a transformative wave in healthcare that prioritizes prevention over treatment. As the startup continues to expand its services and research capabilities, the impact on preventive healthcare could be far-reaching.

    Source: YourStory RSS Feed

  • Veteran Investor Anandamoy Roychowdhary Joins Crane Venture Partners, Bolstering Indian AI and Deeptech Startups

    This article was generated by AI and cites original sources.

    Anandamoy Roychowdhary, a former member of Peak XV Partners, has taken on a new role as a managing director at Crane Venture Partners, a UK-based early-stage investment firm. Roychowdhary, who left Peak XV in November 2024, will focus on overseeing investments in Indian artificial intelligence (AI) and deeptech startups.

    Roychowdhary expressed his enthusiasm for investing in the emerging AI and deep-tech companies in India, Singapore, and Australia. Crane Venture Partners, founded in 2015, is known for its investments in B2B SaaS, deeptech, and AI startups, primarily in the Seed and Series A rounds. The firm’s recent $135 million Asia Pacific fund launch underscores its commitment to backing early-stage ventures in India and other APAC countries.

    This move marks a significant step for Roychowdhary, who previously worked at Peak XV’s incubation arm Surge. His expertise in the Indian startup ecosystem could bring valuable insights to Crane Venture Partners’ investment strategy in the region.

    Source: Inc42 Media

  • AI-Powered Electric Flying Cars: ePlane Company Seeks $40-50 Million Funding

    This article was generated by AI and cites original sources.

    An electric aircraft company, The ePlane Company, is in the process of raising $40–50 million in a Series C funding round, as reported by The Economic Times. Speciale Invest is set to co-lead the round, which will likely involve a mix of equity and convertible instruments. The Chennai-based company has already secured $20 million from Speciale Invest and other investors.

    The upcoming funding is earmarked for accelerating aircraft development, enhancing engineering capabilities, and supporting certification processes. The company is gearing up for future commercial deployment.

    Founded in 2019 by Satya Chakravarthy, ePlane specializes in developing AI-based electric flying cars designed for taxi services. These vehicles boast a two-seater capacity, vertical takeoff, and a range of 200 km, catering to both cargo and passenger transportation needs.

    In a previous deal, ePlane agreed to provide 788 air ambulances, valued at over $1 billion. Additionally, InterGlobe Enterprises and US-based Archer Aviation have revealed intentions to launch an all-electric air taxi service in India by 2026, offering a swift 7-minute route from Connaught Place to Gurugram. InterGlobe Enterprises is the parent company of IndiGo.

    Source: Entrackr : Latest Posts

  • DATOMS Secures Rs 25 Crore Funding to Enhance Industrial IoT Platform

    This article was generated by AI and cites original sources.

    DATOMS, an industrial IoT platform serving enterprises and OEMs, has successfully raised Rs 25 crore in funding with Big Capital JSC from Vietnam leading the investment round. The Bhubaneswar and Bengaluru-based startup specializes in connecting machines to a centralized intelligence layer, enabling efficient monitoring of machine performance, prediction of potential breakdowns, and oversight of energy consumption.

    The infusion of funds will be directed towards advancing product development, enhancing AI capabilities, and facilitating the platform’s expansion. This financial boost is expected to strengthen DATOMS’ position in the industrial IoT sector, allowing the company to further innovate and provide enhanced services to its clientele.

    Source: Tech-Economic Times

  • DATOMS Secures ₹25 Cr Funding to Expand Industrial IoT Solutions

    This article was generated by AI and cites original sources.

    Enterprise tech company DATOMS has successfully raised ₹25 Cr ($2.8 Mn) in a Series A funding round led by Big Capital JSC, with IvyCap Ventures and YourNest Venture Capital also participating. The funding will be used to enhance product and technical capabilities, expand into new markets, and hire talent across various domains.

    Founded in 2021, DATOMS offers an integrated operations cloud that enables real-time monitoring and management of people, processes, and machine operations on a unified platform. The company’s client base includes prominent names like Tata Steel, ONGC, ABB, and Dalmia Bharat Cement, and it aims to scale its machine monitoring from 25,000 to 100,000 units in the coming year.

    Key areas for investment include enhancing AI and analytics functionalities, refining automation features, and developing solutions for predictive maintenance, performance optimization, and energy management. DATOMS primarily serves original equipment manufacturers (OEMs) in the industrial IoT, energy tech, and enterprise software sectors, focusing on improving performance in asset-intensive industries.

    Prior to this Series A round, DATOMS had secured ₹13.5 Cr in a pre-Series A funding round. The company has now raised over ₹20 Cr in total funding from investors like Yournest Venture Capital, Operators Studio, and APT Research, among others. This latest funding aligns with the increasing demand among enterprises for advanced solutions to optimize operational efficiency and asset performance.

    Source: Inc42 Media

  • Pluckk Secures Rs 100 Cr Funding to Expand Fresh Produce Delivery Tech

    This article was generated by AI and cites original sources.

    Pluckk, a business-to-consumer fresh produce platform, has secured Rs 100 crore (approximately $11 million) in funding from Euro Gulf Investment. This new investment round follows a previous $10 million investment from the same investor last year, as reported by Entrackr.

    The fresh capital infusion will be used to drive aggressive growth, service debenture interests, and meet corporate needs. Entrackr estimates the company’s valuation to reach about $58 million post-allotment. Founded in 2021, Pluckk focuses on delivering fresh, lifestyle-centric produce to consumers, offering trendy food options like vegan products, low-carb alternatives, and items promoting gut health and immunity.

    Prior to this round, Pluckk had already secured $15 million, including a $5 million seed funding from Exponentia Ventures. The company has also made strategic acquisitions, such as KOOK, a DIY meal kit platform, for $1.3 million, and Upnourish, a nutrition brand, for $1.4 million. Despite doubling revenue to Rs 85 crore by March 2025, Pluckk has also seen losses widen to Rs 55 crore, reflecting the challenges in the competitive online fresh produce segment.

    Pluckk competes with players like Gourmet Garden and Kisankonnect, and its latest investment underscores the tech-driven innovation in fresh produce delivery services. The market dynamics remain challenging, with other startups like Otipy, Deep Rooted, and Fraazo facing operational difficulties despite significant funding. Pluckk’s strategic funding decisions highlight the importance of technology in reshaping the food delivery landscape.

    Source: Entrackr : Latest Posts