C3 MED-TECH PVT. LTD. Raises ₹2 Cr to Launch AI-Enabled Eye Screening Devices
Ahmedabad-based C3 MED-TECH has raised ₹2 crore from Industrial Metal Powders to launch telemedicine and AI-powered eye screening devices.
- About C3 MED-TECH: Founded by Yash Nagarsheth, the company aims to reduce avoidable blindness with affordable, portable eye screening devices like the C3 Vision-Portable Slit Lamp and C3 Smartphone Fundus Camera.
- Funding Usage: The funds will help launch new devices, expand market presence, and strengthen the leadership team.
Candi Solar Secures $38M in Series C Funding
Renewable energy company Candi Solar raised $38 million (around ₹317 crore) in a Series C round led by Norfund, Kyuden International, and STOA.
- About Candi Solar: Co-founded by Fabio Eucalipto, the company has a 112 MW portfolio and plans to expand by financing 200 MW of new solar projects in India and Africa.
Hocco Raises ₹100 Cr; Valuation Hits ₹600 Cr
Ice cream brand Hocco raised ₹100 crore (around $12 million) led by the Chona Family Office and Sauce.vc, with support from Ritesh Sidhwani and Farhan Akhtar.
- About Hocco: Founded by Ankit Chona, Hocco is known for innovative ice cream flavors and aims to triple production to 1.3 lakh litres/day by next summer. The brand plans to expand to Rajasthan, Maharashtra, and Delhi-NCR.
Arthan Finance Secures ₹50 Cr in Series B Funding
Mumbai-based fintech Arthan Finance raised ₹50 crore in a Series B round led by Incofin India Progress Fund and the Michael & Susan Dell Foundation.
- About Arthan Finance: Founded in 2018, Arthan provides loans to nano and micro-entrepreneurs in underserved cities. The funds will support geographic expansion, tech advancements, and growth in their assets under management.
