Capillary Technologies gets SEBI nod for IPO...... Anvaya Ventures invests in Accel backed Spyne.ai…… Capillary Revives IPO Plans......Innovaccer closes 275Mn in Series F........ Innovaccer acquires Humbi AI....... Spyne raises $16 Mnin Series A........ Surgical Innovation Associates acquired by Integra........Capillary Buys Persuade, Brierley........THB raises $20 Mn.........Ecosoul raises $10 Million

News From Portfolio Companies
01Oct
Read more...

Sebi clears Capillary IPO; Zoho’s Arattai goes viral

SaaS company Capillary Technologies is en route to Dalal Street after securing the market regulator's nod. This and more in today's ETtech Top 5. Also in the letter:■ Anthropic's latest Claude ■ India's deepfake identity crisis ■ Electronic Arts' $55 billion buyout Sebi clears Capillary Technologies IPO 124236652 Aneesh Reddy, founder and MD, Capillary Technologies Capillary Technologies, a Bengaluru-headquartered software-as-a-service (SaaS)...
20Feb
Read more...

Spyne Raises USD 16 Mn in Series A to Transform Automotive Retail with AI

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...
31Jan
Read more...

Innovaccer acquires Humbi AI, its 3rd acquisition in a year, to launch actuarial copilots

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...
31Jan
Read more...

SaaS firm Innovaccer closes $275 million funding to build more on AI, cloud

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...
31Jan
Read more...

Capillary Technologies picks Nomura, IIFL Capital and JM Financial for IPO

Capillary had filed its draft IPO papers with the market regulator back in December 2021 but shelved those plans after the market had turned. Software-as-a-service (SaaS) firm Capillary Technologies has hired Nomura, IIFL Capital Services (previously IIFL Securities) and JM Financial for its public market debut later this year, sources told Moneycontrol. The company will file...
31Jan
Read more...

Exclusive: Capillary Technologies To File DRHP For $200 Mn IPO By June

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...

29Mar
Read more...

Anvaya Investing in Spyne

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...

20Mar
Read more...

Innovaccer Announces Acquisition of Pharmacy Quality Solutions to Accelerate Value-Based Care in Pharmacy Settings

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...
20Mar
Read more...

Sequoia-Backed Capillary Technologies Acquires SaaS Co Brierley

SaaS startup Capillary Technologies has acquired US-based Brierley for an undisclosed amount. The acquisition will help Capillary expand its customer loyalty platform, upscale business and enhance product capabilities as well as partnership networks. The acquisition will further enable Capillary to deliver exponential value to its enterprise clientele, thus, helping them improve customer engagement and loyalty. It is prudent to...
20Mar
Read more...

Capillary Technologies expands Series D funding to $140M

SaaS startup Capillary Technologies has increased its Series D round to $140 million, with $20 million designated for employee stock ownership plan (ESOP) payouts. The company plans to use the fresh funding to fuel AI initiatives (generative loyalty) and global expansion. The Singapore-based company's initial Series D round in June last year, which raised $45 million,...