Startups Innoplexus, enKast and ShopKirana have raised funds.
Innoplexus raises funds from German VC HCS
Subsequently, Hans-Christian Semmler, Managing shareholder of HCS will join as Chairman of the supervisory board of Innoplexus, the company said in a statement.
The startup plans to use the latest funding to file patent applications, develop its trademark platform, iPlexus, and for marketing purposes.
Innoplexus helps life sciences companies generate actionable insights across pre-clinical, clinical, regulatory and commercial stages of a drug. It is is a consulting-led technology and product development company focussed on big data and analytics.
enKast raises $2m from Ivy League Alumni Angel Network
Seamovation Labs, which operates enKast a platformthat enables modeling and talent agencies to monitor and optimise available resources in real time, has raised around $2 million from Ivy League Alumni Angel Network led by Manish Maheshwari, chief executive at Network 18 Digital, said a report in The Economic Times.
The Bengaluru-based startup plans to use the funds in its pre-Series-A round for product enhancement and strengthening its team
“This funding will enhance the scalability and quality of enKast’s on demand platform and utility application suits. We will be strengthening our core team with more focus on artificial intelligence, which will aid production houses agencies in decision-making capabilities more accurately,” said Amruth Charmana M, chief executive at the Seamovation.
“enKast helps agencies manage and showcase their models and talent artists. It is a simple and easy to use cloud-based software product. It has rich utility tools, which enables them to increase performance and become more competitive. The pain point addressed is global in nature and the way it is addressed is technologically scalable,” said investor Manish Maheshwari.
Japan’s Incubate Fund leads bridge round in ShopKirana
While the quantum of the investment was not disclosed it is estimated to be between Rs 2 crore and Rs 3 crore. Other investors including Mumbai-based Lead Angels Group and senior executives from leading FMCG companies, also participated in the round.
In February the Indore-based firm said it had raised an undisclosed amount of funding from former Samsung executive Atul Jain and HolaChef founder Anil Gelra. Former Senior VP of Mondelez, Jaikumar Nair also participated in the round along with some other executives in the FMCG industry.