New Delhi, Oct. 29 -- Nutrition company Ace Blend, manufacturing startup Venttup, mental healthcare provider Jagruti Rehabilitation Centre, underwater robotics company Coratia Technologies, propulsion startup Viridian Ingni Propulsion, healthcare software company Docterz, and skincare brand Island Beauty have raised fresh funding.

Ace Blend

Science-led nutrition company Ace Blend has raised $9.91 million (around Rs 94.4 crore) in its ongoing Series A funding round led by 3one4 Capital, with existing investor Fireside Ventures increasing its investment.

VCCircle had reported in June that the company was in talks with 3one4 Capital to raise fresh capital.

Founded by Shivam Hingorani and Saif Mehkri, who joined as co founder in 2022, the company develops nutritional supplements based on clinical research, with a focus on formulation, nutrient dosage and absorption. Its products span heart health, immunity, sleep, recovery and brain health. It works with global ingredient suppliers DSM and TCI.

Ace Blend will use the fresh capital to advance research-led product development and bring new nutrition formats to market, with its first such products planned for the fourth quarter of the financial year 2027. Fireside Ventures had previously led the company's $3.3 million pre-Series A round.

Venttup

B2B manufacturing startup Venttup, focussed on developing and producing precision components for critical industries, has raised $3 million (around Rs 29 crore) in a pre-Series A funding round led by Rainmatter by Zerodha and Unicorn India Ventures.

Founded by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal, the company operates a manufacturing-as-a-service model that spans engineering design, rapid prototyping, testing, validation and contract manufacturing through an in-house engineering team and a network of manufacturing partners. The startup serves sectors including energy transition, data centres, defence, aerospace, space, mobility and industrial automation.

Venttup will use the fresh capital to expand its engineering team, establish precision manufacturing and rapid prototyping capabilities, and deploy technology and artificial intelligence to improve B2B sourcing, supplier intelligence and operational efficiency. It is also setting up a manufacturing facility in Bengaluru to support precision machining, turning and sheet metal production.

Jagruti Rehabilitation Centre

Jagruti Rehabilitation Centre, a provider of residential mental health, addiction and dementia care, has raised Rs 28 crore (around $2.9 million) in a Series A funding round led by Alkemi Growth Capital.

Founded in Pune in 2008 by psychiatrist Dr Amar Shinde and Vijaya Shinde, the company began with a 10-bed facility and has expanded to more than 19 centres across nine cities, with over 1,600 beds and 40 doctors.

The investment marks its first institutional funding round, with the company having previously funded its expansion through internal accruals.

Jagruti will use the funds to enter new geographies, expand clinical and staffing capacity, develop specialised care programmes and deepen insurance and corporate partnerships. It plans to scale to more than 40 centres and 4,000 beds across tier-I and tier-II cities over the next three to four years.

Coratia Technologies

Coratia Technologies, an Indian deep-tech company developing underwater robotic systems for defence and infrastructure applications, has raised Rs 18 crore (around $1.9 million) in a bridge round led by existing investor MGF Kavachh.

Founded by Debendra Pradhan and Biswajit Swain, the company develops remotely operated vehicles and autonomous marine systems for underwater inspection, surveys and intervention. The company's clients and partners include Indian Oil, Indian Railways, Tata Steel, Hindalco Industries, Steel Authority of India and NIT Rourkela.

The latest funding follows a Rs 17 crore pre-Series A round in 2025 backed by MGF Kavachh, Piper and SIDBI.

Coratia will use the fresh capital to execute its Rs 66 crore Indian Navy contract under the iDEX initiative, advance research and development, strengthen its underwater robotics capabilities and scale up manufacturing and deployment.

Docterz

Healthcare technology company Docterz, which offers electronic medical records and clinic management software, has raised Rs 5 crore (around $520,000) from around 35 investors, including doctors who use its platform.

Nearly 60% of the funding, or close to Rs 3 crore, came from about 20 doctor-users. The investor group also includes Vineeta Singh, co-founder and CEO of Sugar Cosmetics, and Avnish Anand, co-founder and former CEO of CaratLane. Founded by practising paediatrician Dr Atish Laddad over a decade ago, Docterz offers tools for medical records, appointments, billing, vaccination management and patient engagement.

The company will use the capital to expand its reach among doctors and healthcare organisations, pursue potential acquisitions and develop artificial intelligence tools for clinical and practice management tasks.

Island Beauty

Island Beauty, a skincare brand co-founded by singer and actor Shirley Setia, Korean skincare expert Jinsoon Lee, Mayank Jain and Sakshi Jain, has raised Rs 2.58 crore (around $270,000) from AJ VC.

The funding round also saw participation from angel investors, including Vahdam India founder Bala Sarda.

The Noida-based company said it combines Korean skincare ingredients with formulations developed in India for local skin needs and weather conditions.

Island Beauty will use the capital to develop new products, build brand awareness and expand its customer base.

Viridian Ingni Propulsion

Chennai-based deep-tech startup Viridian Ingni Propulsion has raised Rs 1.47 crore (around $150,000) in a pre-seed round led by Inflection Point Ventures.

Founded in February 2024 by Sriram G, the company develops motors, controllers and firmware in-house and is incubated at IIT Madras Research Park. It has also received Rs 53.75 lakh in grants from institutions and programmes including SIPCOT, MeitY Startup Hub, NIDHI PRAYAS, IIT Madras RTBI and Cummins CSR.

The company will use the funds to move from validated prototypes to pilot production, including setting up manufacturing infrastructure, developing tooling, completing relevant certification and homologation, validating motor controller firmware, and hiring engineering and business staff.

Inkle's acquisition

AI-powered accounting, bookkeeping and tax compliance firm Inkle, which serves US businesses, has acquired the bookkeeping division of financial operations platform Finally through an all-cash asset purchase.

Financial terms of the transaction were not disclosed. The acquisition brings around 100 Finally team members across the US, the Dominican Republic, Colombia and Puerto Rico into Inkle, taking its workforce to approximately 160 across five countries.

Founded in 2022 by Anand Krishna and Ranvir Singh, Inkle is headquartered in San Francisco, with its product and engineering hub in Bengaluru. The company combines a US-licensed CPA practice with proprietary software and AI tools to provide bookkeeping, tax and compliance services.

The deal expands Inkle's reach beyond venture-backed startups to small businesses such as professional services firms, contractors, clinics and restaurants.

The company said it has reached profitability after raising $1.5 million in pre-seed funding from Picus Capital, Saison Capital and Force Ventures.

Published by HT Digital Content Services with permission from VC Circle.