Neev Asset Advisors LLP, a new real estate-focused investment firm, backed by Manipal Education Group chairman Mohandas Pai and chief executive of Manipal Education and Medical Group, Ranjan Pai, and other investors, has raised INR 200 crore and made its first investment in a project in Bengaluru. The fund, Neev Capital, which is targeted at small residential projects of mid-sized developers, has invested INR 25 Crore in a debt financing deal in a residential project in Bengaluru.
Data analytics firm Scienaptic Systems Inc has received an undisclosed amount of funding from Genpact founder and former Nasscom chairman Pramod Bhasin. The two-year-old startup is headquartered in New York and has an engineering centre in Bengaluru. The funding will enable Scienaptic to continue developing its unique big data platform, Ether.
Bengaluru-based NoBroker Technologies Solutions Pvt Ltd, which runs a peer-to-peer (P2P) property listing portal for renting homes NoBroker, has raised an undisclosed amount of investment from Paytm founder Vijay Shekhar Sharma. The funding will be utilized for the next phase of growth and customer acquisition.
Stasis Labs, a cloud-powered health monitoring company, has raised $5 million in its seed investment round led by RTP-Healthcare Ventures, the healthcare-focused investment arm of RTP Ventures. The funding will be utilized for expanding throughout Indian hospitals and preparing to enter the US and other markets worldwide.