Punch, a trading platform developed by Market Pulse Securities; health technology startup SigTuple; and BlueBinaries Engineering and Solutions have raised funding.
Anicut Capital invests $7.2m in BlueBinaries
Anicut Capital, a multi-asset investment firm, has invested $7.16 million in BlueBinaries Engineering and Solutions, a leading engineering and technology services company.
BlueBinaries serves a customer base in Europe, the UK, US, and APAC. The company focuses on accelerating the development of Software Defined Vehicles (SDVs) with E/E Architecture design & development services and Digital technologies like Cloud, Devops, AI/ML, CyberSecurity and IOT solutions for its customers.
The overall automotive electronics and software market is expected to grow to $80B+ by 2030 with an increase in demand for safer vehicles, advanced connectivity, and next-gen mobility solutions accelerating digital adoption across the world,” said Dhruv Kapoor, Partner, Anicut Capital.
The investment will enable the firm to build on its existing customer base of OEM’s and Tier 1 automotive suppliers across geographies and enhance SDV and digital capabilities.
SigTuple raises $4m led by SIDBI Venture Capital
Health technology startup SigTuple has raised $4 million led by SIDBI Venture Capital, with participation from existing investors including Endiya Partners, and a few strategic leaders from the healthcare sector.
The team will use this new capital to drive geographical expansion, expand its product portfolio, and support regulatory clearances.
Since 2020, SigTuple has focused on its core product, AI100, which is now gaining significant traction in the Indian market with major diagnostics industry players as customers.
With AI100, the company claims to automate the inefficient and error-prone manual microscopic review process for the most common tests – blood and urine — which makes life easier for the pathologist easier and drives improved patient outcomes.
Punch raises $7m in seed round
Punch, a trading platform developed by Market Pulse Securities, has raised $7 million in funding.
The company raised funding from Stellaris Venture Partners, Susquehanna Asia VC, Prime Venture Partners, Innoven Capital, and angels like Kunal Shah (Cred), Vatsal Singhal (Ultrahuman), and Nitish Mittersain (Nazara).
Punch is led by founders Amit Dhakad, Hiral Jain, Arshad Fahoum, and Ajit Dandekar and enables index and stock options trading as well as direct stock trading.
