Author: Team CEO VINE

  • Healthcare Startup Symbionic Secures Deal on Shark Tank India Season 4

    Healthcare Startup Symbionic Secures Deal on Shark Tank India Season 4

    Chennai-based Symbionic, a healthcare startup specializing in innovative and affordable prosthetics, appeared on the season finale of Shark Tank India 4 in a Divyang special episode, where Jeet Adani joined as a special mentor.

    Founded by Rishi Krishna Iyer S and Niranjan Kumar Raghupathi, the company offers two key products—Krea Adaptive, an adaptive prosthetics toolkit, and Titen Arm, a bionic arm designed to mimic natural movement.

    Their upcoming customizable prosthetics kit is set to launch soon, alongside ongoing research and development for an affordable bionic arm.

    The founders sought ₹80 lakh for 2% equity at a ₹40 crore valuation.

    The primary founder, who lost his arm in a bus accident, developed prosthetics he would personally use.

    He showcased an adaptive kit with multiple attachments for amputees and shared plans for an affordable bionic arm, aiming to offer it at a fraction of the import cost.

    Also Read : Tickle Your Art Secures ₹21.3 Lakh Deal on Shark Tank India S4

    Revealing they had already raised ₹6 crore but were still pre-revenue, the founders faced tough questions.

    Guest Shark Srikanth Bolla challenged their delay, urging them to launch first. Aman Gupta and Anupam Mittal also opted out, citing a lack of market validation. Mittal advised, “Don’t wait, ship the product. Investors will follow.”

    However, Namita Thapar saw potential and offered ₹40 lakh for 1% equity, 1% advisory equity, and ₹40 lakh as debt at 10% interest for three years, valuing the company at ₹3.04 crore.

    Post-pitch, Jeet Adani further supported them with a ₹50 lakh grant, with another ₹50 lakh promised if their first batch succeeds.

  • Hero MotoCorp Invests ₹525 Crore in Three-Wheeler EV Maker Euler Motors

    Hero MotoCorp Invests ₹525 Crore in Three-Wheeler EV Maker Euler Motors

    Hero MotoCorp, a leading motorcycle and scooter manufacturer, has announced a strategic investment of up to ₹525 crore (approximately $60 million) in Euler Motors, a company specializing in electric three-wheelers.

    This investment marks Hero MotoCorp’s official entry into the electric three-wheeler market and follows its earlier acquisition of a 40% stake in Ather Energy. The deal was first reported by Entrackr last month.

    The company’s Board of Directors approved the investment in a meeting held on March 20, 2025.

    The funding, to be infused in multiple tranches, will secure Hero MotoCorp a 32.5% stake in Euler Motors on a fully diluted basis. This investment comes within a year of Euler Motors’ $24 million extended Series C round.

    Also Read : Jeet Adani Fulfills Promise as Guest Mentor on Shark Tank India 4 Finale

    Hero MotoCorp’s Executive Chairman, Pawan Munjal, described the investment as a significant step toward the company’s vision of becoming a leader in future mobility.

    He emphasized that this move reflects the company’s strategy of leveraging collaboration and adaptability to drive growth through both organic and inorganic expansion.

    Founded in 2018 by Saurav Kumar, Euler Motors is known for its flagship model, the HiLoad EV, which is touted as the most powerful electric cargo three-wheeler with a range of 170 kilometers.

    The Delhi-based company recently expanded its portfolio by launching its first electric commercial four-wheeler.

    Operating across 30 cities in India, Euler Motors has shown impressive growth, with a turnover of ₹172 crore in FY 2023-24, a significant jump from ₹49 crore in the previous year.

    Hero MotoCorp’s investment is expected to strengthen its position in the rapidly growing electric three-wheeler market, where EV adoption is projected to surge in the coming years.

    In this segment, Euler Motors competes with companies like Altigreen and established players such as Mahindra Electric, Piaggio, Kinetic Green, and Tata.

  • Jeet Adani Fulfills Promise as Guest Mentor on Shark Tank India 4 Finale

    Jeet Adani Fulfills Promise as Guest Mentor on Shark Tank India 4 Finale

    The season finale of Shark Tank India 4 celebrated the entrepreneurial journeys of individuals with disabilities.

    As part of this special episode, entrepreneur and industrialist Jeet Adani honored his commitment, made eight weeks ago, to appear as a guest mentor. The episode also featured Srikanth Bolla, who joined as a Shark.

    During the episode, Srikanth Bolla asked Adani about his newly married life. Reflecting on the experience, Adani shared, “Unbelievable. A small but amazing difference.”

    He tied the knot with Diva Jaimin Shah in an intimate and traditional ceremony in Ahmedabad, Gujarat, on February 7, 2025.

    In a lighthearted moment, Adani recalled an amusing gesture by Anupam Mittal, CEO of Shaadi.com and fellow Shark.

    “He tweeted that he removed my profile from the site,” Adani, 27, laughed. When Mittal asked about the declining interest in marriage among millennials and Gen Z, Adani responded enthusiastically, “Oh, 100 percent, I would recommend it.”

    Also Read: Speech Therapy Startup Iyaso Raises $500K Pre-Seed Funding

    The episode also highlighted the Adani family’s philanthropic efforts, with a contribution of approximately ₹10,000 crore during the wedding celebrations. Speaking about the initiative, Adani explained, “Weddings are a grand affair in Indian Gujarati culture, and we wanted to do something meaningful.

    That’s when we launched Mangal Seva at the start of our wedding.” Through this initiative, the family supported women with disabilities who were either recently married or about to be, ensuring their financial self-reliance for the next decade.

    Dr. Sonal Anand, a psychiatrist at Wockhardt Hospitals, Mira Road, emphasized the profound impact of marriage on mental well-being. “Major life decisions like marriage bring a significant shift in people’s lives. A supportive partner provides a mentally and emotionally secure environment where one can share thoughts and fears without hesitation,” she noted.

    With a blend of business insights, heartfelt stories, and philanthropy, the Shark Tank India 4 finale proved to be an inspiring and memorable episode.

  • Tickle Your Art Secures ₹21.3 Lakh Deal on Shark Tank India S4

    Tickle Your Art Secures ₹21.3 Lakh Deal on Shark Tank India S4

    Pune-based design brand Tickle Your Art made a memorable appearance on Shark Tank India Season 4 finale, in a Divyang special episode featuring Jeet Adani as a special mentor.

    Founded by Shweta Runwal, the brand is a purpose-driven social enterprise that collaborates with artists born with intellectual disabilities to create unique lifestyle products, including stationery, tableware, jewelry, and apparel.

    The founder sought ₹21.3 lakh for 7% equity, valuing the brand at ₹3.04 crore. When asked about the significance of this number, Dhriti’s mother explained that 21.3 represents Down syndrome.

    Sharks Anupam Mittal and Aman Gupta were deeply moved by their interaction with Dhriti and her sister. “It’s not a disease, it’s a condition,” Dhriti told them.

    Also Read:

    Ecoil Secures ₹1 Crore Deal on Shark Tank India Season 4

    Ecoil Secures ₹1 Crore Deal on Shark Tank India Season 4

    Her mother showcased a range of their products, including notebooks and other stationery.

    Namita Thapar received a jewelry piece and learned that the brand had earned ₹20 lakh in the past year, with ₹10 lakh in profits. “We’ve been profitable from day one,” Dhriti’s mother shared.

    An emotional Anupam praised Dhriti’s unique perspective, recalling how she and her sister replaced the concept of an “evil eye” with a “bright eye,” a simple yet profound idea. “In just five minutes, I realized how differently these kids think. It blew my mind,” he said. Touched by their journey, he offered Dhriti’s mother exactly what she had asked for, saying, “This has been an eye-opener. I’ll invest under your terms.”

    During the pitch, sharks Aman Gupta and Anupam Mittal joined hands to invest in the company. While Namita Thapar offered to connect her with the founders of Palmonas, a jewelry brand she had previously invested in. Guest shark Srikanth Bolla chose not to invest but offered a donation.

    After the pitch, Jeet Adani further supported the initiative by offering ₹20 lakh as a grant.

  • Speech Therapy Startup Iyaso Raises $500K Pre-Seed Funding

    Speech Therapy Startup Iyaso Raises $500K Pre-Seed Funding

    Iyaso, a speech therapy startup, has raised $500,000 in a pre-seed funding round led by Malpani Ventures, with additional support from angel investors.

    The funds will be used to develop AI-powered digital therapeutics aimed at transforming speech and communication therapy worldwide.

    Founded in 2023 by Viraj Kulkarni, the Pune-based company offers AI-driven solutions designed to help people overcome stuttering.

    Its platform provides structured, personalized interventions, guiding users through speech therapy techniques and helping them build confidence in real-world communication.

    Also Read: Snitch Expands to Kerala with First Store at Lulu Mall

    Iyaso’s flagship product, Eloquent for Stuttering, has already made an impact, with over 20,000 users across 150 countries since its launch in July 2024.

    Early results show a 53% reduction in stuttering severity and a 34% boost in communication confidence, with most users experiencing significant improvements.

    With over 400 million people worldwide struggling with speech and language disorders, Iyaso aims to make therapy more effective, engaging, and accessible using AI-powered solutions.

  • Menswear Brand Snitch Expands to Kerala with First Store at Lulu Mall

    Menswear Brand Snitch Expands to Kerala with First Store at Lulu Mall

    Men’s fast-fashion brand Snitch has entered the Kerala market with the opening of its first store in the state at Lulu Mall, Thiruvananthapuram.

    The 2,000 sq. ft. store marks the brand’s 47th outlet across India, further strengthening its offline presence.

    Founded in 2020 by Siddharth Dungarwal, Snitch offers a range of men’s fashion, including clothing, shoes, bags, perfumes, and sunglasses.

    While the brand has a strong online presence through platforms like Myntra, Amazon India, Ajio, and its own website, this expansion aligns with its goal to establish 100 stores across India by the end of FY 2025.

    Also Read: My Pahadi Dukan Raises Pre-Seed Funding from IPV

    Expressing excitement about the launch, Dungarwal highlighted Kerala’s vibrant fashion culture and the brand’s commitment to providing stylish and affordable menswear.

    In addition to its retail growth, Snitch has recently introduced a two-day delivery service, covering over 1,100 cities and 7,000 pin codes.

    The brand expects this move to drive further growth, boost customer satisfaction, and improve its net promoter score.

  • D2C Startup My Pahadi Dukan Raises Pre-Seed Funding from IPV

    D2C Startup My Pahadi Dukan Raises Pre-Seed Funding from IPV

    My Pahadi Dukan, a direct-to-consumer brand specializing in authentic Himalayan health and wellness products, has raised an undisclosed amount in a pre-seed funding round led by Inflection Point Ventures (IPV).

    The fresh capital will be used to expand marketing efforts, strengthen operations, enhance IT infrastructure, and manage working capital.

    Founded in 2021 by Himanshu Dua, Shubham Tandon, Rohan Sehgal, and Mohd. Anas Zubair, the brand partners with local farmers, self-help groups (SHGs), and cooperatives to bring pure, high-quality products from nine Himalayan states and Bhutan to a global customer base.

    So far, My Pahadi Dukan has delivered over 16,000 orders across 29 countries.

    The startup has gained notable recognition, receiving the HDFC Parivartan Grant through IIT Mandi Catalyst and the RKVY-RAFTAAR Grant from the Ministry of Agriculture.

    It was also acknowledged by the Bhutanese Chamber of Commerce for its contributions to promoting Himalayan products.

    Also Read: Everhope Oncology Secures $10 Mn in Seed Funding

    With its growing presence and increasing support, My Pahadi Dukan aims to further its mission of delivering authentic Himalayan goodness to consumers worldwide.

  • Everhope Oncology Secures $10 Mn in Seed Funding

    Everhope Oncology Secures $10 Mn in Seed Funding

    Everhope Oncology, a joint venture between Narayana Health, W Health Ventures, and 2070 Health, has raised $10 million in seed funding.

    The funds will be used to establish medical and surgical cancer care facilities in Delhi and Mumbai, with plans to expand to 10 cities within the next three years.

    The new centers aim to provide comprehensive cancer treatment, including chemotherapy, radiation, surgery, and palliative care.

    Additionally, Everhope will offer mental health counseling, nutritional guidance, and pain management services to support patients throughout their treatment journey.

    Also Read: Swiggy Launches B2B Platform ‘Assure’ to Compete with Zomato’s Hyperpure

    Viren Shetty, Vice Chairman of Narayana Health, highlighted the need to change misconceptions around cancer care.

    “Many people avoid cancer screenings and turn to unproven treatments due to fear. We want to create a positive experience that encourages early diagnosis and effective treatment,” he said.

    With one in nine Indians projected to develop cancer in their lifetime, as per the National Cancer Registry Program, the demand for accessible and efficient cancer care is increasing.

    Everhope’s fundraising follows similar developments in the sector, with MOC Cancer Care & Research Centre recently raising $18 million, led by Elevation Capital.

  • Swiggy Launches B2B Platform ‘Assure’ to Compete with Zomato’s Hyperpure

    Swiggy Launches B2B Platform ‘Assure’ to Compete with Zomato’s Hyperpure

    Swiggy has introduced a business-to-business (B2B) platform named ‘Assure,’ aimed at providing kitchen supplies to restaurants, hotels, and caterers.

    This new venture places Swiggy in direct competition with its rival Zomato’s B2B supply arm, Hyperpure.

    Launched under the name ‘Assure’ on Google Play Store and ‘Resto Assure’ on Apple’s App Store, the platform enables businesses to source locally-sourced fresh ingredients.

    Restaurants can procure essential items like vegetables, fruits, oil, ghee, dairy products, pulses, rice, flour, canned goods, and imported items through the app.

    According to the app’s description, Assure focuses on providing locally sourced fresh ingredients. Additionally, the platform offers competitive pricing and flexible supply chain solutions for restaurants and catering services.

    Swiggy is leveraging its subsidiary, Scootsy Logistics Private Limited, to handle the deliveries.

    The platform’s terms and conditions state that Scootsy will display and price the goods, reserving the right to adjust prices without prior notice.

    While Assure was quietly introduced in September 2023, its presence is now gaining traction as Swiggy actively recruits for its operations.

    Swiggy has been actively hiring for Assure to expand its presence.

    Also Read: Navadhan Raises INR 111 Cr to Boost Loans for Rural MSMEs

    This launch comes at a time when the company’s quick-commerce arm, Instamart, has been dealing with substantial losses due to rapid expansion and market competition.

    In Q3 FY25, Instamart contributed significantly to Swiggy’s overall loss of INR 799 Cr, with a net loss of INR 568.7 Cr.

    Despite the losses, Instamart’s revenue saw a notable growth of 114% year-on-year, reaching INR 576.50 Cr in the same period.

    The platform also expanded to 100 cities across India, adding 32 cities in 2025 alone.

    With the introduction of Assure, Swiggy is positioning itself as a comprehensive service provider in the food ecosystem, strengthening its foothold in both the consumer and business segments.

  • Navadhan Raises INR 111 Cr to Boost Loans for Rural MSMEs

    Navadhan Raises INR 111 Cr to Boost Loans for Rural MSMEs

    Navadhan, a rural-focused fintech startup, has raised INR 111 Cr ($12.8 Mn) in its Series A funding round, led by NABARD’s venture capital arm NabVentures.

    Prime Ventures co-led the round, with participation from LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid, and Anicut.

    The initial funding target was INR 80 Cr, but the round was oversubscribed to INR 111 Cr.

    The fresh capital will be used to enhance Navadhan’s tech platform, AceN, expand its presence, and diversify its loan offerings.

    Founded in 2019 by Nitin Agrawal, Vijay Haswani, Anirudh Ramakuru, and Amit Biswal, Navadhan provides financial solutions to small businesses and microenterprises in rural areas.

    Through its AceN platform, it offers digital onboarding, underwriting, payments, and collections, while connecting borrowers to banks and NBFCs.

    The platform uses data science-powered underwriting to assess borrowers’ digital footprints and cash flow patterns.

    It claims to have access to over INR 700 Cr in debt lines from 25 financial institutions and operates across 700 pincodes in five states – Madhya Pradesh, Rajasthan, Gujarat, Karnataka, and Odisha.

    Also Read: Google to Acquire Wiz for $32 Billion in Largest-Ever Deal

    Expressing his enthusiasm, Navadhan co-founder Nitin Agrawal said, “We are happy to find investors who share our mission of creating new wealth for rural entrepreneurs.”

    NabVentures CIO Ashish Choudhary highlighted the startup’s significant growth, noting a 12x increase over three years while maintaining strong asset quality. With the fresh funding, Navadhan aims to further its commitment to empowering rural MSMEs.