Sustainable home essentials brand EcoSoul Home has raised $20 million (about Rs 180 crore) in a funding round led by Accel and Bajaj Financial Securities. The Series B funding round, a mix of equity ($17 million) and debt financing ($3 million), also saw Mohandas Pai's StartupXseed Ventures, JSW Ventures, and CK Birla Group. Venture debt...
Capillary Technologies' IPO was highly successful, being subscribed over 52 times. The offering received strong interest from institutional investors, with bids totaling 44.39 crore shares against 84 lakh shares on offer. The price band is set between ₹549 and ₹577 per share. Capillary Technologies IPO in focus: The initial public offering (IPO) of Capillary Technologies received a...
Synopsis The jury’s focus was on the nominees’ persistence during their lows and execution impact during their highs. Bengaluru-based Capillary Technologies ultimately clinched the award, with the jury praising its tenacity and lauding the team for an impressive turnaround. For the Comeback Kid category, the ET Startup Awards 2025 jury aimed to recognise enterprises that not only demonstrated resilience...
Innovaccer Inc. announced that it has acquired Story Health. This acquisition builds on Innovaccer’s strategic acquisitions including Humbi AI, Cured, and Pharmacy Quality Solutions, extending its Healthcare Intelligence Cloud into agentic care augmentation. Over the past years, Innovaccer has built the foundations of a fully integrated healthcare operating system from data unification to patient engagement...
Spyne, an AI-driven visual merchandising platform tailored for the automotive industry, has raised USD 16 million in its Series A funding round, led by Vertex Ventures. The round also saw participation from existing investors, including Accel, Storm Ventures, and Alteria Capital. This new funding will enable Spyne to accelerate its growth, particularly focusing on expanding...
Healthcare technology company Innovaccer announced its acquisition of Humbi AI, an actuarial software, services and analytics company used by providers, payers and life sciences companies. Innovaccer’s cloud powers a slew of healthcare AI features like an AI-assisted care management system, contract management, ambient documentation, pre-visit summary and AI-suggested differential diagnoses. Financial details of the deal were...
Healthcare-focused software-as-a-service (SaaS) firm Innovaccer Inc has closed a $275 million funding round, comprising both primary and secondary components, with participation from investors including B Capital Group, Kaiser Permanente and M12. Budget with ET Fraught juggling act draws near for Nirmala Sitharaman. What will Feb 1 bring? Budget 2025 needs to pull off a big growth trick for the untapped...
Capillary Technologies has restarted the preparations for its IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year, sources told Inc42. The IPO size would be almost double from the $114 Mn (about INR 850 Cr) the customer loyalty and engagement platform planned to...
Spyne is pioneering a transformative approach to business catalog creation, ensuring businesses can sell online with enhanced efficiency and confidence. Their innovative solutions are streamlining the process for used-car dealerships and marketplaces, enabling them to create engaging vehicle display pages brimming with immersive 360° views and enticing images. Their trajectory has been phenomenal. In just...
Today, Innovaccer, a leading healthcare company, has announced the completion of its acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. This strategic move reinforces Innovaccer’s commitment to accelerating value-based care across the healthcare ecosystem and have the largest distribution of providers and pharmacy network combined. PQS covers 95% of all community pharmacies and 10...
