Latest news with #NABVENTURES
Entrepreneur
16-07-2025
- Business
- Entrepreneur
Zeus Hygia, Deep Algorithm Solutions, and Zulu Club Raise Early-Stage Funding
The below startups have announced their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Zeus Hygia Raises USD 2.5 Mn from NABVENTURES Zeus Hygia has secured USD 2.5 million in Series A funding from NABVENTURES, the venture capital arm of NABARD. The funding will support expansion in North America and Southeast Asia, advance research and development, and accelerate the creation of innovative nutraceutical ingredients targeting pain relief, weight control, women's health, and healthy aging. "The investment affirms our scientific foundation and mission to develop clinically supported natural ingredients," said Dr Arunkanth Krishnakumar, Co-founder and CEO of Zeus Hygia. Founded in 2018 by Dr Krishnakumar and Shankaranarayanan Jeyakodi, Zeus Hygia produces patented, evidence-based herbal extracts tailored for pharmaceutical, nutraceutical, and over-the-counter markets. The company operates on a business-to-business model and supplies high-efficacy plant-based ingredients to wellness companies across more than 15 countries. Its product line includes eight proprietary branded ingredients such as BioSOLVE Curcumin, Grantria, and Stadice, with several others under development. Zeus Hygia holds nine patents and supports its innovations through over 20 scientific publications. Its technology platforms enable the delivery of safe and natural active ingredients. Zeus Hygia has established a unit in the United States and is entering Southeast Asia through strategic partnerships. The company expects international markets to contribute nearly 70 percent of its revenue within three years, signaling strong global demand for its plant-derived solutions. Deep Algorithm Solutions Raises INR 10.8 Cr from Unicorn India Ventures Cybersecurity and AI startup Deep Algorithm Solutions has raised Rs 10.8 crore in a seed funding round led by Unicorn India Ventures. The funds will be used to expand engineering and threat intelligence teams, boost go-to-market efforts in India and Southeast Asia, and enhance integration with enterprise platforms such as Azure AD and Okta. The capital will also support the development of its behavioral AI and fraud analytics engine. "We are solving complex challenges in identity security and fraud prevention using indigenous AI. This investment affirms our belief in continuous authentication and behavioral intelligence," said JP Mishra, Founder and CEO. Founded in December 2021 by JP Mishra, Deep Algorithm Solutions specialises in cybersecurity for digital financial systems. The company's key offerings include adapIDAI, an adaptive behavioral identity engine, and BotShield, which mitigates zero-day attacks, DDoS threats, and application-level vulnerabilities. In the past year, Deep Algorithm has completed deployments at a private bank, a government agency, and a hospital. It has secured a government patent, filed for an international one, and is currently in talks with banks and fintech firms in India and abroad. With plans to expand into Mumbai, Bengaluru, Kenya, South Africa, and the UAE, the startup is also working on channel partnerships and preparing to launch a SaaS model for mid-sized enterprises. Zulu Club Raises USD 250K from TDV Partners Zulu Club has secured USD 250,000 in pre-seed funding from TDV Partners to expand its presence across Delhi NCR. The Gurgaon-based startup will deploy the capital to strengthen its logistics infrastructure, enhance personalisation features, and build deeper partnerships with local retailers. "We're building Zulu Club to reintroduce trust and experience into fashion shopping," said Adarsh Bhatia, founder of Zulu Club. "Consumers want speed, but not at the cost of confidence." Founded in 2024 by Adarsh Bhatia, Zulu Club offers a hyperlocal shopping experience that connects users to nearby malls and outlet stores via its app. The service allows customers to receive curated Try-at-Home kits with multiple items, try them on at their convenience, and pay only for what they keep. Zulu Club blends AI-powered curation with human-assisted personal shopping. Its flagship 100-minute delivery model targets millennial and Gen Z users who prioritize convenience and personalisation. The platform aims to reduce return rates and increase average order value by allowing consumers to try items before purchasing. The startup is currently operational in Gurugram and plans to expand across key neighborhoods in Delhi NCR. Its model addresses major challenges in online fashion such as low trust, poor fit, and high return rates, while also helping local retailers reach a broader customer base.
Entrepreneur
11-07-2025
- Business
- Entrepreneur
Avis Hospital Secures USD 2.5 Mn from NABVENTURES
The funds will be deployed to expand the hospital's services into over 15 tier II and tier III cities, with a strong focus on rural outreach through mobile screening camps and advanced diagnostic technology. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Avis Hospital has raised USD 2.5 million from NABVENTURES, the venture capital arm of NABARD, in a strategic growth round facilitated by private investment banking firm Equity 360. The funds will be deployed to expand the hospital's services into over 15 tier II and tier III cities, with a strong focus on rural outreach through mobile screening camps and advanced diagnostic technology. Dr Rajah V Koppala, a US trained Vascular and Interventional Radiologist, founded Avis Hospital to address chronic venous insufficiency, commonly known as varicose veins. Speaking on the initiative, he said, "Every time I saw a farmer limping or a mother struggling to walk her child to school, I knew we had to build something different." Avis Hospital, headquartered in Hyderabad, is India's only dedicated centre for the treatment of varicose veins. It uses minimally invasive procedures including EVLT and laser therapy and has treated over 40,000 patients to date. Sumeet Seraf, Founder of Equity 360, highlighted, "This is not just about health but about livelihood and dignity in rural communities." Ashish Choudhury, Chief Investment Officer at NABVENTURES, added, "Avis Hospital brings together clinical excellence and rural relevance, offering scalable healthcare solutions." Avis Hospital aims to build a rural-first network prioritising affordability, access, and awareness across India.
The Hindu
20-05-2025
- Business
- The Hindu
Chennai-based Tan90 Thermal Solutions raises ₹20 crore in Series A
Chennai-based Tan90 Thermal Solutions, a deep-tech start-up focused on sustainable thermal energy management, has raised ₹20 crore in a Series A funding round led by NABVENTURES, with participation from Blue Ashva Capital, Capital-A, and 3i Partners. Using proprietary Phase Change Materials (PCMs) and service models like Cooling as a Service (CaaS), Tan90 helps industries across logistics, healthcare, food, agriculture, and manufacturing adopt energy-efficient, climate-friendly cooling solutions. The firm works with clients like Zomato Hyperpure, Swiggy Instamart and Blinkit among others. Soumalya Mukherjee, co-founder of Tan90, told The Hindu over phone that the start-up aims to expand its footprint to 10 additional cities in the coming months, with a particular focus on Tier-2 cities. 'We are looking at markets like Jaipur, Coimbatore, Mohali and Kochi,' he said. The firm is expanding its footprint in Southeast Asia, the Middle East, and Africa. A part of the funds will be used to develop new product lines tailored for cold chains, HVACs, and data centres. All three co-founders — Soumalya Mukherjee, the Chief Executive Officer; Shiv Sharma, the Chief Operating Officer; and Rajani Kant Rai, the Chief Business Officer — completed their PhDs at IIT-Madras. 'We were supported by IIT-M during our initial stage. Then we moved out of campus and set up our own manufacturing unit in Chennai. We have manufacturing units in Chennai (5,000 sq ft), Mumbai (10,000 sq ft) and Delhi. We make PCMs,' Mr. Mukherjee said. Tan90's innovation is its proprietary suite of PCMs developed in-house, spanning a temperature range from –50°C to +80°C. These materials, which have been granted and filed for multiple patents, function by storing thermal energy in the form of latent heat or hydration energy, allowing them to act as efficient heat sinks or maintain products within a narrow and controlled temperature range. Cooling accounts for nearly 10% of global CO₂ emissions, according to the International Energy Agency (IEA), making the need for sustainable alternatives both urgent and economically significant. Vikas Bhatt, Managing Director, NABVENTURES, said, 'Tan90 is driving the next phase of thermal innovation that has the potential to redefine cold chain infrastructure, particularly for agriculture and allied sectors.' NABVENTURES Limited is a wholly-owned subsidiary of NABARD, incorporated as a public company in April 2018 to manage alternative investment funds. The firm invests in agriculture, food, and rural development sectors across India.
Entrepreneur
20-05-2025
- Business
- Entrepreneur
Tan90 Thermal Solutions Raises INR 20 Cr Series A Led by NABVENTURES
With these funds, Tan90 aims to expand its footprint to 10 additional cities in the coming months, with a particular focus on Tier-II cities. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tan90 Thermal Solutions, a Chennai-based deep-tech startup focused on sustainable thermal energy management, has raised INR 20 crore in a Series A funding round led by NABVENTURES. The round also saw participation from Blue Ashva Capital, Capital-A, and 3i Partners. The fresh infusion of capital follows Tan90's earlier raise of USD 4.6 million from Social Alpha and other investors. The funds will be strategically deployed to develop new product lines targeted at cold chains, HVAC systems, and data centres. Additionally, Tan90 plans to expand its presence to 10 more Indian cities—particularly Tier-II cities—while establishing a footprint in Southeast Asia, the Middle East, and Africa. "Cooling infrastructure must be on-demand, scalable, and sustainable, without relying on heavy capital investments or outdated systems," said Soumalya Mukherjee, Co-founder of Tan90. "With this funding, we are accelerating our efforts to expand into new industries and markets and build future-ready cooling solutions. We aim to position India as a centre for innovative thermal management while creating globally relevant cooling ecosystems." Founded in January 2019 by three PhD graduates—Soumalya Mukherjee, Rajani Kant Rai, and Shiv Sharma—Tan90 Thermal Solutions offers a range of climate-resilient, energy-efficient thermal management products. The company's proprietary Phase Change Materials (PCMs), developed in-house and covering temperatures from –50°C to +80°C, are at the core of its offerings. These PCMs enable passive cooling by storing latent heat, offering longer cycle lives and double the turnaround time compared to existing alternatives. Tan90's product suite includes: Phase Change Materials (PCMs): For passive cooling in cold chains, logistics, and data centres. For passive cooling in cold chains, logistics, and data centres. Portable Cold Storage Solutions: Insulated containers for maintaining temperatures during transport of perishables. Insulated containers for maintaining temperatures during transport of perishables. Customised Thermal Solutions: Tailored cooling systems for varied industrial needs. Tailored cooling systems for varied industrial needs. Cooling-as-a-Service (CaaS): A capital-light service model active in eight cities, with zero customer churn, helping clients in quick commerce, food logistics, and healthcare. "Tan90 is driving the next phase of thermal innovation with scalable, efficient solutions that align with our mission to enable climate resilience and improve logistics," said Vikas Bhatt, Managing Director, NABVENTURES. Operating near breakeven and posting over 70% CAGR in the past three years, Tan90 is poised to lead India's charge in building innovative, globally scalable thermal energy ecosystems.
