India Dealbook: Hush, DreamVu, Perspectico, Hospals, Clinical Nutrition secure funding

Left to Right: Ashutosh Dabral and Umesh Joshi, Co-founders of Hush.

Employee-focused human resources tech firm Hush has raised Rs 4.5 crore ($640,000) in a fresh round of funding from Accel, Shamik Sharma, business head at Curefit, and an angel investor. Other startups that have raised funds include, DreamVu, Perspectico, Hospals, and Clinical Nutrition.

Accel backs HR tech startup Hush

Employee-focused human resources tech firm Hush has raised Rs 4.5 crore ($640,000) in a fresh round of funding from Accel, Shamik Sharma, business head at Curefit, and an angel investor. The new funding will be utilised to expand the Hush team, grow the platform’s user base, and to launch new features on the app, the startup said in a statement. Additionally, the company has added Nikhil Raj, co-founder of Paysa.com, to its advisory board. Hush claims to cater to 40,000 employees from 300+ companies through its app and is looking to onboard employees from another 1000 companies within the next few months.

SRI Capital invests in DreamVu

SRI Capital, an early stage venture capital firm, on Thursday announced that it has made a strategic investment of an undisclosed amount in camera technology start-up DreamVu. The start-up is a spinoff from the International Institute of Information Technology (IIIT), Hyderabad, making it the second company that SRI Capital has backed from the institute.Headquartered in the US and based in Hyderabad, DreamVu is the brainchild of Rajat Aggarwal and Rohan Bhatial. The startup will use the funds to innovate further and also take its products to the early adopters as development kits.

Perspectico bags seed funding

Perspectico, a Delhi-based career-tech platform, has raised an undisclosed amount of second round seed funding from SSCBS Innovation & Incubation Foundation (SIIF). The platform helps students prepare for job interviews with industry experts, through online and offline intervention. Since its inception in November 2017, the company claims to have conducted over 70+ offline sessions with a footfall of over 1500+ students across Delhi University. The startup’s major source of revenue is the proprietary online career preparation module, which is claimed have witnessed a monthly sales growth rate of 125 per cent in the past 4 months.

Spiral Ventures invest in Hospals

The newly founded medical tourism startup Hospals has raised $1.5 million in funding from Japanese early-stage venture capital fund Spiral Ventures and Venture Catalysts. Hospals, started by Yebhi cofounder and Paytm’s ex-VP Danish Ahmed, will use the funding proceeds to expand its operations across India, the Middle East and North Africa. Hospals is already managing over 200 patients per month and has till date served over 6000 patients from 14 countries. The startup claims to touch $20 million in revenues within the next 12 months, INC42 reported.

Clinical Nutrition gets angel funding

Clinical Nutrition, which offers functional foods and beverages, has raised an undisclosed amount in angel funding from a clutch of wealthy individuals including digital video company Zenga TV’s managing director Shabir Momin and Singapore-based investor Rohit Nanda, VCCircle reported. The company claims to have developed bio-specific nutritional supplements for targeting special needs such as disorders and diseases like cancer, chronic kidney disorder, diabetes, nutrient deficiency, obesity and fitness-focussed products for professional sportspersons. It is further working on developing customised products with nutrition.

Also Read:

India Dealbook: Freyr Energy, Paymatrix, Niramai Health, Koye Pharma, Blue Planet raise funds

India Dealbook: Lightspeed leads $20m round for MagicPin; ShoeKonnect, CashRich raise funds

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.