Group health insurance startup Plum raises Rs 7 Cr in seed round led by Incubate Fund

Bengaluru-based group health insurance startup Plum plans to use the fresh funding to scale business and engineering teams as it attempts to solve top insurtech challenges and build innovative distribution channels.



Healthcare-focused VC firm HealthQuad raises Rs 514 Cr for its second fund
Healthcare VC fund HealthQuad, which has raised Rs 514 crore for its second fund, will tap into opportunities in disruptive technology-based and innovation-driven models to unlock value and create deep social impact.



Parking spot reservation platform ParkSmart raises Rs 1.5Cr from ah! Ventures, Marwari Angels
Founded by IIT Delhi graduates Prateek Garg, Vishva Sharma, Rahul Gupta, Rishabh Nagpal and Ratan Sethi in 2019, ParkSmart allows people to search, reserve, and pay for a parking spot through a mobile application.



Lifestyle Products Maker Incnut Raises $4 Mn in Series A Round From RPSG Ventures
Incnut houses SkinKraft, a customised beauty care regiment and Vedix, customised Ayurvedic beauty care regimen
The company owns two websites, StyleCraze on beauty and MomJunction, on pregnancy and parenting
India is expected to constitute 5% of the global cosmetics market by 2025



Matrix Partners leads seed funding in fintech startup goDutch
GoDutch Technologies Pvt. Ltd, which operates an eponymous financial technology startup focussed on group payments, has raised $1.7 million (Rs 12.81 crore at current exchange rates) in a seed funding round.



Yumlane gets fresh funding after pivoting from food startup to cloud kitchen
The round was led by Singapore-based Jetty Ventures, Yumlane said in a statement. It will use the capital to move into new regions and ramp up hiring