Roundup: Indian startups rating new fundings and extra briefs

Ayurveda tech startup NirogStreet snaps up $12M in Sequence B funding

NirogStreet, an Ayurveda expertise platform in India, has scored $12 million in a Sequence B funding spherical led by Jungle Ventures.

It offers a group for Ayurveda docs and an e-commerce platform that streamlines the provision chain of Ayurvedic providers and drugs. NirogStreet has onboarded round 50,000 medical practitioners and about 50 Ayurveda manufacturers.

The startup will use the proceeds from its newest investing spherical to bolster its provide chain, expertise, and providers. 


Males’s well being startup Bonatra obtains pre-seed funding

Bonatra, a males’s health-focused startup from India, has raised INR 55 million ($670,000) in a pre-seed funding spherical led by ITI Progress Alternatives Fund with the participation of marquee angel traders, Jitendra Jagadev, founding father of Nestaway, and Blackbuck founder Rajesh Yabaji. 

The corporate runs a expertise platform that provides personalised well being programmes concentrating on continual circumstances of males.

In a press release, Bonatra mentioned that its recent funds will likely be used to increase its choices, construct its staff, and develop its shopper base.


Edenlux introduces AI report back to its cellular eye well being app

South Korean medical machine maker Edenlux is now offering AI-generated eye well being administration stories by its flagship cellular app Otus Plus. 

The app permits customers to check their eye well being with a paired goggle machine, do gamified eye workout routines, and obtain a watch well being report.

Its eye well being stories now include AI-generated eye well being scores, evaluation of eye focus response velocity, and outcomes of eye train video games based mostly on customers’ knowledge. 

Sooner or later, Edenlux plans so as to add an enchancment indicator to its stories, in addition to provide a service that permits customers to decide on their very own customised lenses for eye workout routines and use gathered knowledge to offer a watch well being rating report.


Cha Vaccine ties up with MOGAM for AI drug discovery

The MOGAM Institute for Biomedical Analysis has signed a memorandum of understanding with the Cha Vaccine Institute for AI drug discovery.

They’ll cooperate to develop new medication and enhance drug substances utilizing MOGAM’s AI algorithms, which will likely be examined utilizing medical knowledge from Cha Vaccine. Later, they’ll conduct joint research and apply for co-patents.

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