Otobix
Sector Consumer Tech | Automotive Website www.octobix.in Location Kolkata Stage Growth
Author: VG Admin
Maxvolt filed DRHP
We’re thrilled to announce that Maxvolt Energy has reached a significant milestone in its journey toward growth and innovation. With the filing of our DRHP, we’re one step closer to realizing our vision of providing sustainable and cutting-edge energy solutions. This accomplishment is a testament …
The Health Factory Exit
VG-angels celebrates a 10X+ exit in their Portfolio Company “The Health Factory” highlighting Venture Garage’s role in building enterprise journeys from speculative phases to the growth phase Gurugram, 25 October 2024: VG-Angels, an angel network of Venture Garage, has achieved a significant milestone with a …
Atreya
About Us
Atreya leverages ancient Ayurveda knowledge to pioneer non-invasive solutions for the detection and prevention of diabetes.
The company’s unique value proposition lies in being the first mover to grant patents for non-invasive diabetes detection technology in multiple global regions. Our product uses the concept of Nadi Pariksha, the art performed by palpating arterial flow at vital locations, assessing health, disease patterns (e.g., Diabetes, Hypertension), and mental well-being (e.g., Stress, Anxiety) to provide a predictive prognosis for achieving optimal well-being.
Sector
HealthTech
Website
www.atreyainnovations.com
Location
Pune
Stage
Early
The global diabetes diagnostic market is supposed to be valued at USD 36.6 bn and growing at a CAGR of 9.1% is expected to cross USD 70 Bn by 2032.
The Indian Market in the similar period is showing significant growth. Besides, reports on the Indian Ayurveda market suggest it to grow to USD 26Bn by 2032, growing at a CAGR of 15%.
Opportunity
TEAM
Founder & CEO
An Alumni of IIT Mumbai, and a deep understanding of pulse-based methodology in diagnostics during his time IIT Mumbai.
Co-Founder & CRO
An Alumni of IIT Mumbai, and over a decade of experience in developing products.
Maxvolt Fund Raise
Venture Garage Mentored Innovator, Maxvolt Energy incubated in 2019, Secures $1.5mn Funding in Latest Private Placement Round, with an eye on an SME-IPO within FY 24-25 31st May 2024: Noida-based EV battery manufacturing startup Maxvolt Energy has successfully secured $1.5 million in a Private Placement …
Centriti Raises Pre-Series A
VG Angels participates in INR 6cr Pre-Series A Investment Round of Centriti
New Delhi, May 23, 2024 – Venture Garage’s portfolio startup Centriti, has successfully secured INR 6Cr in its Pre-Series A round of funding from EV2 Ventures, Brigade Family Office, VG-Angels, and some other angel investors. This investment includes contributions from VG’s partner Pawan Raj Kumar, who leads the investments at VG-Angels has also been a mentor to the startup for the past years. With a target to disentangle the supply chain network, Centriti provides an end-to-end e-procurement solution for the HoReCa (Hotels, Restaurants and Catering) sector, managing inventory, quality, storage and pricing for the hotels.
Founded in 2022, by Daljeet Singh and Ashwath Ram, Centriti has achieved remarkable traction within just 20 months of its inception, boasting a prestigious clientele that includes Leela, Taj, Oberoi, Marriott, ITC, Shangri-La among others, by providing a comprehensive B2B SaaS e-procurement platform, empowered by AI-driven integrated inventory software.
“This investment is a testament to the hard work and dedication of our team, and it will enable us to revolutionize the procurement systems in the hospitality industry by providing innovative solutions to streamline processes and enhance efficiency. Within a short span of two years we have been able to create a significant impact in the geographies we are present in, with this support, we are poised to deliver unparalleled value to our partners and customers.”
-Daljeet Singh, Founder & CEO at Centriti
“Being deeply engaged in the tech landscape, I’ve observed the rapid advancements within the supply chain sector, and Centriti is at the forefront of this transformation. Supply chain innovations are crucial for enhancing efficiency, reducing costs, and increasing resilience across various industries. Looking ahead, the Indian supply chain market is poised for significant growth, with projections indicating it will expand from $2.3 billion in 2022 to $12 billion by 2030. This growth trajectory underscores the critical role companies like Centriti will play in revolutionizing India’s supply chain landscape, driving efficiency, and fostering economic growth.”
–Pawan Raj Kumar, Partner at Venture Garage
Centriti would use the funds primarily to expand its warehouses from 3 to 7 locations, with the main focus on expanding to 2,000 SKUs; including non-food and F&B essentials. Additionally, these funds will be invested in technology to leverage operational efficiencies.
Read more about Centriti here: https://venturegarage.in//centriti/
Cricstudio
Sector Consumer Brand | Sports Website www.cricstudioinc.com Location Ahmedabad Stage Growth