Humors Tech, the health technology startup behind Respyr, has raised Rs 2 crore in pre-seed capital from Venture Catalysts. Respyr is a breath-based health screening device that employs artificial intelligence, Internet of Things, and unique biomarker analysis to diagnose and monitor diseases like diabetes, hypertension, and respiratory difficulties. The funds will be used to assist Respyr’s commercial debut, clinical investigations, and global expansion. “Most healthcare research nowadays is reactive, responding after diseases have already had significant impact. “With Respyr, we hope to transform the very foundation of healthcare, making it proactive, accessible, and personalized for each individual,” stated Ankur Jaiswal, Founder of Humors Tech.
8chili Receives Strategic Investment from Karna D Shinde
8chili, a deeptech business based in San Ramon, California and Bengaluru, has secured an undisclosed investment from strategic investor Karna D Shinde. 8chili specializes on immersive training for healthcare and life sciences professionals. The funding is anticipated to help 8chili accelerate its research, market expansion, and partnerships. “We are excited to have Karna D Shinde’s assistance as we continue to push the frontiers of immersive training. His strategic insight and financial backing will allow us to accelerate our R&D efforts, expand our market reach, and form key partnerships in the healthcare industry,” said Aravind Upadhyaya, Founder and CEO of 8chili, which has previously collaborated with notable industry players such as Strides Pharma and Apollo Hospitals.
SanchiConnect and YourNest Launch $500k Deeptech Accelerator Program
SanchiConnect, in collaboration with YourNest Venture Capital, will offer a scale-up accelerator for deep tech hardware and software firms with core intellectual property. The program will provide $500k in initial funding to 5-8 businesses, followed by a 60-day intensive phase focused on market strategies and international collaborations, ending in a demo day to showcase innovations to investors. Applications are accepted from May 21 through June 9. “Since its inception, YourNest’s concept has focused on developing deep tech startups. And in the midst of the epidemic, we pioneered the concept of fast-track funding with our unique SOAR program,” said Girish Shivani, YourNest’s Executive Director and Fund Manager. “This project is now taking the next step with our partners’ startup ecosystem.
Manish Maheshwari Selected for Harvard’s Mason Fellow Program
He has held leadership roles at Flipkart and with organizations like the Internet and Mobile Association of India (IAMAI). “Incredibly humbled by this honor, it reaffirms my commitment to integrating technology with societal benefits. We must approach AI development with humility and responsibility, ensuring it benefits all layers of society, especially the marginalized. In doing so, we honor the true spirit of technological advancement — not to overshadow humanity, but to uplift it,” said Maheshwari.Manish Maheshwari, co-founder of Fanory.ai and former CEO of Twitter India, has been accepted into Harvard’s Mason Fellows Program at the John F. Kennedy School of Government. Maheshwari will spend two semesters at Harvard beginning in July 2024, focusing on the role of artificial intelligence in improving financial stability and creative freedom for content creators. The Mason Program, created over six decades ago, brings together leaders from underdeveloped countries to address global development concerns. Maheshwari was previously the CEO of Network18 Digital and the head of Twitter India, therefore he has extensive experience in the digital space.
Niro Surpasses Rs 1,000 Crore in Disbursals
Niro, an embedded consumer loan platform, has disbursed more over Rs 1,000 crore ($125 million) in less than 27 months of operation since its introduction in 2022. Niro partners with prominent NBFCs like as PayU Finance and Aditya Birla Capital, as well as banks such as IDFC First, to provide bespoke credit solutions embedded in platforms such as NoBroker and Snapdeal. With 250 million monthly active users, the firm serves 35 million pre-approved consumers. “We are happy to have reached the critical milestone of Rs 1,000 crore in disbursals in such a short period of time. This result reflects the hard work and passion of the whole Niro team, as well as the strength of the thesis and timeliness,” stated Aditya Kumar, Niro’s Co-founder and CEO.
SanchiConnect and YourNest Launch Deeptech Accelerator Programme
SanchiConnect, in collaboration with YourNest Venture Capital, is introducing a scale-up accelerator for deep tech hardware and software startups with core intellectual property. The program offers upfront funding of $500k to 5-8 startups, followed by a 60-day intensive phase focused on market strategies and international collaborations. Girish Shivani, Executive Director and Fund Manager at YourNest underscores the commitment to nurturing deep-tech startups for market success. The program targets early-stage Indian startups in sectors like agritech, biotech, energy, healthtech, and telecom.
Ex-Twitter India Head Selected for Harvard’s Mason Fellow Program
Manish Maheshwari, former head of Twitter India and co-founder of Fanory.ai, has been chosen for Harvard’s Mason Fellow Program at the John F. Kennedy School of Government. Maheshwari will spend two semesters at Harvard, focusing on AI’s role in financial stability and creative freedom for content creators. Maheshwari emphasizes the importance of integrating technology with societal benefits, advocating for responsible AI development. His selection for the Mason Fellow Program reflects his extensive experience in the digital landscape and commitment to technological advancement.
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