Funding Updates
Dantech Digital Dental Solutions Raises Rs 21 Cr
Dantech Digital Dental Solutions, a manufacturer specializing in dental prosthetics, has successfully secured Rs 21 crore (approximately $2.5 million) in a fresh funding round. Investors include Gunavanth Vaid, Unicornus Maximus, Shagun Capital Ventures, Wow Investments, Ten Eighty Investments, the promoter family of Tablets India, along with a group of prominent dentists.
The company aims to utilize the new capital to expand its production capabilities in India, diversify its product offerings, and explore key international markets. “Our journey started with a mission to transform the dental sector, motivated by my grandfather’s commitment to providing exceptional care,” said Varun Gunaseelan, CEO and MD of Dantech. “This funding gives us the momentum to accelerate our growth and bring innovative solutions to more dental professionals worldwide,” he added.
TraqCheck Secures Investment from Former Goldman Sachs Executive
TraqCheck, an enterprise software company, has attracted additional investment from Alok Oberoi, ex-head of Goldman Sachs’ international wealth management unit, as well as Bellavita Founder Aakash Anand and venture firm Caret Capital. The funding will be directed toward TraqCheck’s global expansion efforts.
This round follows an earlier investment in April, which saw backing from Peyush Bansal’s family office (founder of Lenskart), along with participation from Culture Cap and Caret Capital. “We’re thrilled to have such influential investors join our mission. With this funding, we’re poised to grow internationally, beginning with the UK. Our advanced background check technology enables companies to hire at scale with full confidence,” said the TraqCheck founders in a statement. Founded in 2020 by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck continues its expansion journey.
Other News
Numour Selected for Amazon’s Launchpad Programme
Numour, a beauty tech startup founded in 2023, has been selected for Amazon’s prestigious Launchpad programme, an invite-only initiative that has previously helped brands like Mamaearth scale up. The programme provides selected startups with expert consultations, premium product placements, and access to analytical tools to refine their market strategies.
Numour combines cutting-edge technology, such as LED therapy and EMS treatments, with dermatologically approved solutions aimed at simplifying skincare routines. “Being part of Amazon Launchpad is an exciting milestone for us. This will enhance our focus on innovation and provide the opportunity to connect with more customers seeking advanced skincare solutions,” said a Numour spokesperson.
ISRO Signs 75 Technology Transfer Agreements with Private Players
In a landmark achievement, ISRO, along with IN-SPACe and NSIL, has signed five new Technology Transfer Agreements (TTAs) with non-government entities, bringing the total number of TTAs to 75. The latest agreements were signed with Anabond, Salvo Industries, Micropack, and Astra Microwave Products.
This initiative aligns with recent space sector reforms in India, which encourage collaboration between ISRO and private players. “Reaching the milestone of 75 Technology Transfer Agreements signifies a major step in enabling India’s private space sector to leverage cutting-edge technologies for both commercial and societal applications,” said Dr. Pawan Goenka, Chairman at IN-SPACe.
This roundup highlights the dynamic developments in the startup ecosystem, offering a glimpse into the growth and expansion efforts of key players across various sectors.
