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Data Security Startup Induz Raises USD 780K Funding Led by YourNest
Induz will use the funding to obtain industry certifications, develop proprietary hardware, hire specialised engineers, and launch Confidential IAM and integrated data delivery solutions, enhancing its secure infrastructure offerings.
Veefin Group Acquires 50% Stake in Singapore's Walnut
Veefin Group plans to enhance its corporate and banking services by integrating Walnut's GenAI capabilities, transforming complex data into quick insights for credit decision-making, while Walnut will remain independent post-acquisition.
Hyderabad's Marut Dronetech Raises USD 6.2 Mn to Propel Drone Technology in Agriculture
With the raised funds, the platform aims to boost agricultural drone development, expand rural service networks, establish "Drone-as-a-Service" hubs, launch 17 drone academies, and enhance R&D for advanced agricultural applications.
Unicorn India, CanBank Invest in QubeHealth's Health-Tech Platform
With the fresh funding, QubeHealth plans to enhance its platform with new features, including embedded insurance, a generative AI-driven recommendation engine, and a healthcare marketplace.
Bandhan Group Ventures into IT Sector with Genisys Acquisition
This strategic acquisition aims to enable Bandhan Group to broaden its global presence, adding new operational hubs in the US, UK, and India.
Bitget Launches "Pitch n Slay" Initiative to Empower Female Blockchain Founders with Funding and Mentorship
The Pitch n Slay program aims to offer selected startups a chance to win up to USD 100,000 in funding from Foresight Ventures.