Funding News: Testsigma, DocPlix, MX Player, and CHOSEN Expand

Funding News: Testsigma, DocPlix, MX Player, and CHOSEN Expand

Clodura.AI Secures ₹16 Crore to Boost AI-Driven Sales Solutions

Clodura.AI, an AI-driven sales prospecting platform, has raised ₹16 crore ($2 million) in a pre-Series A round led by Bharat Innovation Fund, with participation from Malpani Ventures.

  • About Clodura.AI: Founded in 2016 by Kapil Khangaonkar, Clodura.AI leverages AI to streamline sales processes, helping professionals identify decision-makers, gather intelligence, and automate outreach campaigns.
  • Future Plans: The funds will enhance the platform's AI capabilities, expand its user base, and automate sales outreach to make the process more efficient.

Amazon Acquires MX Player to Expand Video Streaming Portfolio

Amazon has acquired MX Player, one of India’s leading video streaming platforms, in a deal valued between $50-100 million. The acquisition aims to strengthen Amazon’s position in India’s video streaming market.

  • About MX Player: Owned by Times Internet, MX Player holds a 15% market share in monthly active users. The brand will be retained post-acquisition, with CEO Karan Bedi likely joining Amazon.

CHOSEN by Dermatology Raises $1.2M to Expand Skincare Offerings

CHOSEN by Dermatology, a Chennai-based skincare startup, has raised $1.2 million in a seed funding round from friends and family, following a $100,000 grant from Peak XV Partners.

  • About CHOSEN by Dermatology: Led by Dr. Renita Rajan, the company focuses on innovative skincare solutions with plans to double its scale this fiscal year and explore B2B partnerships in hospitality, health, and travel sectors.

DocPlix Raises ₹1.2 Crore to Enhance EHR Platform

DocPlix, a healthtech startup, raised ₹1.2 crore in a bridge funding round led by Inflection Point Ventures. The funds will be used for product development, AI integration, and market expansion.

  • About DocPlix: Founded by Dr. Varun Garg, the company offers an Electronic Health Record (EHR) system that improves healthcare delivery through data analytics and AI-driven decision support.

Testsigma Secures $8.2M to Advance Test Automation Platform

Testsigma, a SaaS startup specializing in test automation, raised $8.2 million in a funding round led by MassMutual Ventures. The funds will enhance its platform’s AI capabilities and expand its product offerings.

  • About Testsigma: Founded by Rukmangada Kandyala, the platform uses Natural Language Programming (NLP) to simplify test creation and execution for web, mobile, and API applications.