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medprime technologies secures funding to enhance ai innovations in health tech
Medprime Technologies has successfully closed its pre-series A funding round, led by investor Ashish Kacholia, to enhance growth and AI innovations in health tech. The investment will support the international market expansion of CILIKA, accelerate AI module launches for the MICALYS platform, and improve manufacturing capabilities to meet global demand. Established in 2014 by IIT Bombay graduates, Medprime is recognized for its digital microscopy solutions, utilized by top medical institutions across India.
Indian startups raise 232 million dollars in funding with rising debt transactions
Indian startups raised $232 million across 29 deals this week, marking a significant recovery from the previous week's $91 million, largely driven by a major debt transaction. Key sectors attracting investment include AI, healthcare, and agritech, with a notable focus on sustainability and capital efficiency as startups navigate market challenges. Rising debt financing is becoming crucial for growth-stage companies, allowing them to expand without diluting equity.
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