Private Equity Round in 2022
Aarthi Scans and Labs operates a network of diagnostic centers that deliver high-quality imaging and laboratory testing services. The company offers a wide range of diagnostic procedures, including computed tomography, magnetic resonance imaging, x-ray and ultrasound scans, as well as mammograms. Aarthi Scans and Labs is committed to providing these essential services at transparent and affordable prices, ensuring accessibility for patients in their local communities. By prioritizing quality and affordability, the organization aims to meet the diagnostic needs of a diverse patient population.
AI is a technology for the people. AI has the power and potential to radically transform healthcare. Deeptek will use in-house innovated "assisted and augmented" (AaA) imaging focused algorithmic tools designed by our experts and covering a wide arena of medical imaging like Radiographs, CT Scan and MRI. Deeptek's aim is to save hundreds of hours of valuable time of caregivers of the society, in our case radiologists! Saved time means additional reach of caregivers in treating more individuals in need of care and giving prompt results in time. Saved time on workflow management amounts to drastic saving in cost of healthcare by appropriate use of valuable time of experts like radiologists. DeepTek's vision will be to provide cutting edge solutions powered by deep learning algorithms which will bridge the wide gap in the imaging sector empowering radiologists with power which can potentially disrupt the dynamics of radiology workflow. Deeptek uses the latest technology to POWER ON the grid of medical radiology imaging. Be it the cloud powered GPU offerings which trigger the artificial neural networks, deep neural nets customized to the task at hand to advanced API, seamless interfaces and simple to use GUI, the radiologists will have it all on a platter. Deeptek's offerings will change your workstations and mobile devices to dependable analytical tools, which gives radiologists the confidence, reach and benefits of AI tech so that you could do more in less time.
ZingHR has been the driving force that is helping organizations go beyond Automation, and deliver a solution that could directly impact Business Outcomes and Enhance Employee Experience. ZingHR aims for an Employee-Centric and mobile first approach. An Enterprise HCM platform for the betterment of workforces irrespective of geographical boundaries covering the entire spectrum from Onboarding to Exit and beyond. ZingHR currently focuses on giving its users an experience like never before with AI enabled Technology and User-Friendly Systems supported with over 20+ languages. ZingHR delivers Human Capital Management, Workforce Management, Talent Acquisition, Payroll, Learning Management, Performance Management, Training, Time & Attendance, and Analytics applications, designed and delivered for the world’s largest organizations.
Virescent Renewable Energy Trust's objective is to make responsible investments in renewable and sustainable energy projects.
Eldeco Group has been in the real estate business from 1975 and since then, it has delivered more than 150 successful projects. With more than 35 years of experience in the construction industry, it has managed to become one of the leading names in the real estate sector of North India. Be it spanning townships, high-rise condominiums, office complexes, industrial estates or malls, this real estate group constructs every project with excellent quality and superior construction technology to ensure high level of consumer satisfaction.
Private Equity Round in 2020
Biocon Biologics Limited is a Bengaluru-based biopharmaceutical company focused on developing and manufacturing a diverse range of biological products, including biosimilars, novel biologics, and complex small molecule APIs. Established in 2016 as a subsidiary of Biocon Limited, it aims to enhance patient access to affordable therapies, particularly in areas such as diabetes, cancer, and autoimmune diseases. The company has a robust manufacturing capacity and offers integrated contract research and manufacturing services through its subsidiary Syngene. Biocon Biologics is committed to innovation in drug development, positioning itself as a key player in both Indian and global markets, while emphasizing its responsibility to provide essential medications to those in need.
Indusface Private Limited specializes in developing security software solutions that focus on application security. The company offers a range of services, including web application scanning, web application firewalls, mobile application scanning, and Secure Sockets Layer (SSL) certificates to ensure secure communication. Additionally, Indusface provides cloud security solutions such as AppTrana and TAS for AWS, designed to detect, monitor, and protect web applications while also offering security testing for mobile applications. The company serves a diverse client base across various sectors, including banking, finance, insurance, government, pharmaceuticals, information technology, and telecommunications. Founded in 2004 and headquartered in Vadodara, India, Indusface has expanded its presence with offices in Bengaluru, Mumbai, Delhi, and South San Francisco, California. Its fully managed security solution includes continuous monitoring for threats, DDoS mitigation, and 24/7 expert support, allowing clients to focus on their business growth while ensuring robust security measures are in place.
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.
Brinton Pharmaceuticals Ltd. researches, develops, manufactures, markets, and sells pharmaceutical products. It offers products for infectious and non-infectious skin disorders, including anti acne, anti-fungal, demelanizing, emollient and protective, hair care, moisturizer, personal hygiene, sunscreen, and topical steroid products; and products for women’s health, neurological disorders, bones, and children’s health. The company serves patients and healthcare professionals worldwide. Brinton Pharmaceuticals Ltd. was founded in 2013 and is based in Pune, India. It has additional offices in the United Kingdom, the United States, and Ghana.
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.
SAI is an ideal drug discovery, development and manufacturing partner. Their pharma and biotech clients gain clear competitive advantages through shorter time to market and risk minimization using their integrated and high-quality scientific services.
SAI’s mission is to help their partners develop innovative medicines quicker and at lower cost by providing reliable research and manufacturing solutions. Their guiding principles are to be reliable, communicate effectively, safeguard IP, invest in people and to adopt technologies.
At SAI Life Sciences, developing a business relationship with their clients that benefits both parties is only the beginning. They have learned through experience, it is when they build a partnership with a customer, that they can truly amplify their mutual interests and successes. At SAI they will call this “+1” and it hints at the additional value they aim to find mutually in longer term relationships.
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.
Sea6 Energy Pvt. Ltd., based in Bengaluru, India, specializes in developing technologies to cultivate and convert seaplants into various bio-renewable products, including biofuels and plant growth stimulants. Founded in 2010, the company envisions leveraging the oceans as sustainable biomass farms to address needs across energy, agriculture, and food sectors. Its research encompasses the extraction of functional food ingredients from seaplants, nutrient supplements for animal feed, and natural compounds for cosmetics. Additionally, Sea6 Energy explores hydro-thermal conversion methods for seaplant biomass to fuel. With a team of professionals from diverse fields such as industrial automation, marine biology, and bioprocess engineering, the company aims to create a circular economy around marine biomass, minimizing waste and replacing harmful chemicals and plastics with sustainable alternatives.
Nearex Pte Ltd. develops a mobile micropayment solution for small merchants and consumers in Singapore. It offers Xip, a micropayment system that integrates with existing mobile wallets, electronic banking accounts, and telecom networks. The company’s Xip micropayment system enables merchants to enter amount on XipPOS, a mobile POS for merchants; and customers to tap on XipTAG, which is a contactless card, as well as notifies petty amount payments on customers’ phone and large amounts through customers’ phone/XipPOS. It serves credit and debit card users; and mobile money service providers. The company was founded in 2012 and is based in Singapore.
AlefEdge is a leader in the Edge Internet, delivering the power of the 5G based Edge Internet to application developers through our easy-to-use technologies. At AlefEdge, rich media applications, clouds and networks work in tandem to achieve an unprecedented level of performance. We enable 5G applications through open API’s at the Edge that make service adoption and distribution friction free. AlefEdge works with partners to build the world’s first Edge applications that leverage and realize Virtual and Augmented Reality, Artificial Intelligence, Industry 4.0, Smart Cities, IoT and Gaming. The AlefEdge Open5G Platform brings 5G applications to life, unleashing a massive Edge Internet economy.
Private Equity Round in 2015
Shriji Polymers is a plastic packaging solution provider in the global pharma space. Its comprehensive portfolio of products include HDPE Bottles, PP caps (both CT & CR) and other speciality plastic products like derma bottles, tablet applicators, dosing cards and similar self-administered metered dosing devices.
Sparsh Nephrocare focuses on making dialysis treatment accessible to kidney failure patients throughout India and South East Asia. It operates in-hospital dialysis units and standalone dialysis therapy centers, utilizing advanced machines and employing well-trained technicians. The company has introduced innovative concepts such as the in-hospital dialysis center and has established dialysis facilities through Public Private Partnership (PPP) models with leading government institutions. By managing the complete operations of these centers and ensuring that all medical records are stored electronically in compliance with NABH norms, Sparsh Nephrocare aims to alleviate the operational burdens faced by hospital management. The organization is committed to creating a comprehensive ecosystem that enhances the accessibility and quality of renal care for patients in the region.
Innoviti Payment Solutions Pvt. Ltd. specializes in developing payment processing, credit distribution, and payments management software solutions. Based in Bengaluru, India, the company offers a range of products including uniPAY, a unified payment and card management system for retailers; quickEMI, which allows consumers to make installment payments on their credit cards; pgEMI, enabling installment payments for purchases; and fastCollect, an automated collection technology designed for banks and retailers, including online megastores. Innoviti serves various markets such as retail, mobile, lifestyle, entertainment, jewelry, education, transportation, hospitality, wellness, healthcare, and banking. Established in 2002, Innoviti was previously known as Innoviti Embedded Solutions Pvt. Ltd.
Sandor Medicaids Pvt. Ltd. is a nationwide distribution company specializing in supplies to hospitals and government institutions. It has developed efficient systems and capabilities to supply specialty drugs, device and equipment to hospitals. Since its inception in 1995 in Hyderabad, the company has focused on bringing high-tech biomedical and biotechnology products into India. Sandor has been the first company to bring “Point of Care” concept to the Indian ICU in 1996 by launch of i-stat, a state of the art product for emergency monitoring of patients. The company started as a sales, marketing and distribution company and over time evolved as a nationwide distribution, sales and marketing company by 2008 when Genzyme launched their operations in India. It can today boast of a national level distribution network with 21CFR compliant cold chain facilities covering most of Indian states. Our efficient and compliant 20 branch distribution network supports drug and device manufacturers launch products with ready access to more than 3000 hospitals across India. The company today has more than 180 vendor registrations in Government and private Institutions making it the only partner for foreign or domestic manufacturers to bring their products to hospitals at the most economical costs while maintaining the highest ethical standards. The company has over time developed a strong sales and marketing team which is helping it launch own branded products in select therapeutic area like Critical Care, Nephrology and Transplantation and Pain Management. Our strong presence in Government Institutions has ensured direct sales to all users without help of any sub dealer or liaison agents. The company also provides complete regulatory support to partners and has in-house pharmacovigilance function besides having a strong custom clearing department. A firm foothold in the Indian Hospital procurement system has made Sandor a partner of choice for any new launch of medical drugs, devices and equipment in the Indian Hospital System.
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.
IFMR Rural Channels and Services Private Limited (IRCS) was incorporated in August 2011 by IFMR Trust - a private trust, set up with the mission “to ensure that every individual and every enterprise has complete access to financial services”. Building on this mission, IRCS operates with the objective of setting up a network of branches in remote rural areas offering a range of financial products and services to every individual & enterprise.
Vaultize is an enterprise platform for end-to-end file security with built-in information / digital rights management (IRM / DRM / EDRM), secure file sharing, data protection and data loss prevention (DLP). It takes an information-centric and holistic approach towards management, security and control of data in enterprises. Vaultize Technologies is a privately held company with presence in more than 30 countries – including the US, Singapore and India, through its channel network consisting of resellers, distributors, system integrators and MSPs. Vaultize was started in 2010 by a team with extensive experience in technology leadership and executive management roles with security, storage and data protection leaders like Symantec, McAfee and VERITAS.
Vortex Engineering Private Limited specializes in designing, developing, manufacturing, and marketing automated teller machines (ATMs) for banks in India and abroad. The company offers a comprehensive suite of software and services for ATM management, aimed at maximizing ATM availability and providing tailored solutions for banks and service providers. Vortex's product range includes the Ecoteller, a low-power ATM suitable for various settings, a small bunch note acceptor for instant cash deposits, and the Gramateller Duo, which operates on solar power for non-metropolitan areas. Additionally, Vortex provides two operational models for its services: a hosted model at its data center and a customer-hosted model at the bank's facilities. Their offerings include an ATM management center, managed services for monitoring, and a marketing platform for banks to promote advertisements on ATM screens. Established in 2001 and headquartered in Chennai, Vortex Engineering is committed to enhancing self-service banking capabilities in emerging markets and exports its products to customers in Asia and Africa.
Located in Cambridge, MA, Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to provide affordable, highly distributed solar energy to the individual. The elemental components of just 3 gallons of water have enough energy, when recombined, to satisfy the daily energy needs of a large American home. The US receives 500-fold more energy each year than it uses, but unfortunately the sun shines only half the time. At Sun Catalytix we are working to realize the dream of cheap, renewable, personalized energy allowing individuals to use the power around-the-clock. Backed by Polaris Venture Partners, we have started down the path to a sustainable energy future.
Farcast is a clinical diagnostic company dedicated to providing personalized cancer treatment solutions. Its core technology utilizes a human tumor microenvironment to enable oncologists and drug developers to assess individual tumors and determine their treatment response profiles. This innovative approach aims to surpass traditional biomarker-guided strategies, thereby enhancing access to personalized medicine and improving the clinical management of cancer. Headquartered in Boston, Massachusetts, Farcast also operates a laboratory in Bangalore, India, reflecting its commitment to advancing cancer care through cutting-edge technology.
Vanu, Inc. specializes in mobile communications solutions designed to enable mobile network operators to serve off-grid markets effectively. The company offers a range of products, including community connect GSM/EDGE radio access networks, outdoor base stations, and optimized 3G and LTE solutions tailored for areas lacking infrastructure. Vanu's Anywave Base Station and MultiRAN virtual base station support multiple wireless services and allow various operators to share a single physical network. Additionally, the company provides services such as coverage mapping, technical support, training, and network optimization. Vanu is headquartered in Lexington, Massachusetts, with additional offices in Gurugram and Bengaluru, India, and Kigali, Rwanda. Founded in 1998, Vanu continues to innovate in the wireless infrastructure industry, focusing on expanding connectivity in underserved regions.
Indo Schöttle Auto Parts Pvt., Ltd. manufactures and supplies precision-machined components and assemblies to the automotive and turbocharger industry in India. The company offers engine valve collets, turbocharger components and assemblies, fuel system parts and assemblies, cold forming products, rocker arm screws, and fluid power assemblies to OEM customers in India and internationally. Its customers include Suzuki, Hyundai, Kawasaki, Honda, Tata Motors, Eicher, Yamaha, Ashok Leyland, Mahindra & Mahindra, Tata Holset, Turbo Energy Ltd., TVS, Skoda, Holset Engineering, Bosch, Cummins Engine Inc., and others. The company was founded in 1985 and is based in Pune, India. As of July 31, 2014, Indo Schöttle Auto Parts Pvt., Ltd. operates as a subsidiary of SFS Group AG.