Funding News: Swaayatt, Scimplify, Coca-Cola, Orbicular, ixigo

Funding News: Swaayatt, Scimplify, Coca-Cola, Orbicular, ixigo

Swaayatt Robots Raises $4 Million for Autonomous Driving Tech

Swaayatt Robots, a Bhopal-based startup, raised $4 million from US investors, valuing the company at $151 million. The funds will enhance its AI-driven Level-5 autonomous vehicle technology.

About Swaayatt Robots: Founded by Sanjeev Sharma, the company focuses on developing autonomous vehicles for complex navigation challenges.

Scimplify Secures $5 Million to Expand Chemicals Platform

Scimplify, a Bengaluru-based B2B platform for specialty chemicals, raised $5 million led by Omnivore, valuing the company at $20-25 million. The funds will support global expansion and manufacturing enhancements.

About Scimplify: Co-founded by Salil Srivastava and Sachin Santhosh, the platform specializes in chemicals for industries like pharmaceuticals and agrochemicals.

Coca-Cola Invests ₹700 Crore in Telangana Plant

Coca-Cola is investing ₹700 crore in a new manufacturing plant in Peddapalli, Telangana, to expand its production capacity and support regional growth.

About the Expansion: The Telangana government is providing infrastructure support, highlighting the state’s commitment to industrial development.

Tata Capital Healthcare Fund Invests $20 Million in Orbicular Pharma

Orbicular Pharmaceutical Technologies, based in Hyderabad, secured $20 million from Tata Capital Healthcare Fund to boost its product pipeline for regulated markets.

About Orbicular: Led by Dr. M.S. Mohan, Orbicular focuses on pharmaceutical innovations and market expansion.

Maino.ai Raises $1.8 Million to Enhance Digital Marketing Platform

Maino.ai, a digital marketing technology platform, raised $1.8 million led by India Quotient Advisers LLP. The funds will support team expansion and tech enhancements.

About Maino.ai: Co-founded by Rishabh Kumar, Vikas Keshri, and Abhijeet Kunwar, Maino.ai aims to simplify and automate marketing for businesses.

ixigo Secures ₹333 Crore from Investors Ahead of IPO

Travel booking platform ixigo raised ₹333 crore ($40 million) from investors, including SBI, HDFC, and Morgan Stanley, ahead of its IPO.

About ixigo: Founded by Aloke Bajpai and Rajnish Kumar, ixigo is a leading travel platform known for innovation and user experience.