Bengaluru-based clean energy startups EMO Energy and Oben Electric and medical equipment platform Zoplar have secured funds through Series A investment rounds, while Moonrider, retail analytics startup Bodmas Technologies, and KIBI Sports also secured funds.
Zoplar, a platform for procurement of medical equipment, has raised $3.4 million in a Series A funding round led by Blume Ventures.
The funding round of the Gurugram-based startup also saw participation from Beenext, Saison Capital, Atrium Angels, Finfirst, and LogX. In total, the company said it has raised $5.1 million in funding with contributions from Titan Capital, Stride Ventures and Panthera Peak.
The fresh funds infused will be used to strengthen its operational capabilities by focusing on backward integration in the supply chain and developing a strong service engineering team.
Zoplar's founding team include Amit Sah and Umesh Sharma. It operates a full-stack medical equipment platform for MSME hospitals to help identify price-optimal products, managing multiple vendor relationships, ensuring high-quality after-sales service, and accessing financing solutions.
ClicFlyer
Retail analytics startup Bodmas Technologies has secured its first funding from growth stage venture capital firm Auxano Capital. It did not divulge the size of the transaction.
The Gurugram-based company, which operates retail analytics platform ClicFlyer, will use the funds for its technology infrastructure, expanding its network of retail stores and partner brands, and exploring new business integrations.
ClicFlyer was founded in 2015 by Neville Mody and Rahul Sood. It provides a platform designed to assist companies in retail space in analyzing and optimizing promotional campaigns while offering consumers a centralized way to access deals and discounts.
EMO Energy, a Bengaluru-based startup providing battery software and hardware solutions, has secured $6.2 million (Rs 53 crore) in its Series A investment round led by Subhkam Ventures. Existing investor Transition VC also participated in the round.
In 2023, it raised $1.2 million in a seed round co-led by Transition VC and Gruhas.
The funds raised will be used to scale its energy solution for two and three-wheel vehicles to over 1 lakh vehicles over the next two years, while advancing the deployment of 1 gigawatt hours of energy storage, the company said. A portion of the funds will go towards research expenses for its battery health software and expanding the size of the team.
The startup was founded in 2022 by former Tesla, Rivian, Ather, and General Motors veterans Sheetanshu Tyagi and Rahul Patel.
Its proprietary technology stack, ZEN, provides charging in 20 minutes, fireproof designs, and over 3,000 charging cycles for two and three-wheeler commercial electric vehicles. EMO claims to have already deployed over 2,000 battery packs in the mobility segment.
Homegrown electric motorcycle manufacturer Oben Electric has closed a Series A round of funding, raising as much as Rs 50 crore ($5.8 million) to fuel its expansion across India.
The Bengaluru-headquartered saw participation from Ambis Holding US, Kuberan Ventures, Tanzania-based Karimjee Group, US-based early-stage VC Mission Vertical, family office of Polyplex founder Sanjeev Saraf, Pravek Kalp Family Office, and other existing investors.
The company in 2023 raised pre-Series A cash from a clutch of investors including Stride Ventures.
With the latest round, the startup has raised Rs 150 crore in equity funding. The company seeks to increase its existing distribution network to more than 100 showrooms along with Oben Care service centres across 50 cities in India by FY26, Oben said.
Founded in 2020, Oben Electric is an EV maker which designs, developing and manufacturing electric two-wheeler indigenously. It was set up by Sagar Thakkar, Dinkar and Madhumita Agrawal in Bengaluru.
Electric vehicle startup Moonrider has raised $2.2 million in a seed funding round, co-led by AdvantEdge Founders and Micelio Technology Fund, along with a host of angel investors.
The Bengaluru-based company, which makes heavy-duty electric tractors at reduced operational costs for farmers and fleet operators, will use the funds to drive innovation and build strong capabilities in vehicle engineering, vehicle software and battery technology.
The startup was founded in 2023 by Anoop Srikantaswamy and Ravi Kulkarni who have worked in vehicle engineering and electric vehicle R&D from the Volvo Group, Ola Electric, and Olectra BYD.
Bengaluru-based startup KIBI Sports has raised $100,000 in an early-stage round from multiple angel investors.
The sports startup said it will use the funds raised in the pre-seed round to expand its operations, enhance its technology, and scale its platform to reach a broader audience.
KIBI was founded by Sagar Rai, a former national-level athlete. It operates a digital marketplace facilitating transactions for sports equipment and merchandise, a platform connecting athletes and institutions for sponsorships with brands, and a system for sports event registration and booking.
