Mergers & Acquisitions

Artivatic.ai | RenewBuy

Key Venture facilitates the merger of Artivatic.ai, an AI-enabled InsurTech platform and RenewBuy, an insurance distribution platform.

Sector: InsurTech
Acquirer: RenewBuy
Target: Artivatic.ai
Value: $10M

Media Coverage: The Economic Times | Mint | ET Tech | ET Brand Equity | VC Circle | Business World | Your Story | CNBC TV 18 | Elets BFSI | Deal Street Asia

Artivatic's Past Investors:

Equity Funding Transactions

Newmi Care

Newmi is a phygital women health OPD platform addressing the need for quality OPD care for women through a triad of OPD clinics, insurance products and digital marketplace.

Industry: FemTech | HealthTech | InsurTech | D2C
Funding: Seed Round - $1.5 M
Investors: Sprout Venture Partners, Key Ventures Investor Forum, LetsVenture, Sarcha Advisors

Newmi Care's Investors:

 

SecureThings

SecureThings provides cybersecurity solutions for commercial and passenger vehicles using AI and ML. They are a deep-tech venture and hold 11 patents.

Industry: SaaS | Automotive Cybersecurity | Deep-Tech
Funding: $1.5M Pre-Series A Round (Oct'23)
Investors: Inflexor Ventures

Secure Thing's Investors:

 

Monitra Healthcare

Monitra Healthcare is India’s first 24x7 extended remote cardiac monitoring platform.

Industry: HealthTech| AI, ML | Data Analytics | MedTech
Funding: Pre-Series A - $1M
Lead Investors: Equanimity Ventures and Kotak Private Equity

Participation From Existing Investor: Indian Angel Network (IAN)

 

Monitra's Investors:

 

FlexifyMe

FlexifyMe is a chronic pain management health-tech platform that combines Vision AI and motion-tracking technology.

Industry: HealthTech | AI, ML | Data Analytics
Funding: Seed Round - $1M
Investors: Flipkart Ventures, IvyCap Ventures, Emcure Family Office, Venture Catalysts, Point One CapitalGSF Accelerator, iHub Anubhuti (Incubation Centre of IIIT Delhi), Key Venture Investor Forum and UHNIs.

 

FlexifyMe Investors:

 

Algomage

Algomage is a SaaS platform automating image editing using machine learning, for professional use cases.

Industry: DeepTech | SaaS | Image Editing
Funding: Pre Series A - $0.5M
Investors: Flipkart Ventures

 

Algomage Investor:

 

Knorish

Knorish is a DIY SaaS platform for creators, knowledge professionals and corporates to monetize content.

Industry: Creator Economy | MarTech | DeepTech | Enterprise SaaS
Funding: Pre Series A - $0.5M
Investors: DSP Family Office, Venture Catalysts, Key Venture Investor Forum, Viswanath Ramachandran (Founder, Gupshup), Ankur Agarwal (Clarion Technologies)

Knorish Investors:

 

THB

THB is a big data analytics platform for hospitals, pharmaceutical companies and diagnostic labs which helps in patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence.

Industry: HealthTech | Big Data | Data Analytics
Funding: $20M | Key Venture was the financial advisor for Series B2 Round
Investors: Cornerstone Venture Partners, MSPL Ltd (family office of Narendra Baldota of Baldota Group)

Media Coverage: Entrackr

THB Investors:

 

Monitra Healthcare

Monitra Healthcare is India’s first 24x7 extended remote cardiac monitoring platform.

Industry: HealthTech | AI, ML | Data Analytics | MedTech
Funding: Pre-Series A - $500K
Lead Investors: 91Ventures (syndicate fund led by Pranay Gupta) and Lavni Ventures (Social-Impact VC Fund)
Other Institutional Investors: ACG World (a multinational pharmaceutical company), AWE Funds (Women-Focused VC Fund)
UHNI Investors: Lakshmi Narayanan (Former CEO, Cognizant Technology Solutions), Kishore Ganji (Astir Ventures, USA-based micro VC), Aravind Ramamoorthy (Partner, PwC India), Aman Tekriwal (Maxar VC), Rajeshree Sabnavis (RSva Solutions), Rajnikanth Sabnavis
Participation From Existing Investor: Indian Angel Network (IAN)

Monitra's Investors:

Sukham

Sukham is an ayurvedic male wellness and nutraceutical D2C brand.

Industry: Healthcare | D2C
Funding: Pre-Seed round - INR 2.25Cr
Lead Investor: 100x.vc
HNI Investors: Ankur Agarwal (Clarion Technologies), Viswanathan Rama (Ex-Meta, Founder of Gupshup), Suraj Sarogi, Papa CJ, Yash Kotak

Sukham's Investor:

Sukham

Sukham is an ayurvedic male wellness and nutraceutical D2C brand.

Industry: Healthcare | D2C
Funding: Seed Round (May’22)
Investor: 100x.vc

Sukham's Investor:

SecureThings

SecureThings provides cybersecurity solutions for commercial and passenger vehicles using AI and ML. They are a deep-tech venture and hold 11 patents.

Industry: SaaS | Automotive Cybersecurity | Deep-Tech
Funding: $3.5M Pre-Series A Round (Feb’22)
Investors: VC’s & Family Offices - Inflexor Ventures, 9Unicorns, RPG Ventures and SAB Holdings (Sandeep Singhal’s family office); UHNIs - Shirish Shankhe (Senior Partner, McKinsey India), Karan Maheshwari (Maheshwari Family Office), Javed Tapia (Chairman, Clover Infotech) and Manish Bharti (CRO, CoreStack)

Media Coverage: The Economic TimesBusiness Standard | The Financial Express | VCCircle | Tech in Asia | CNBCTV18 | Entrepreneur | Business World | The Free Press Journal | Silicon India | CXO Outlook

USA Coverage: GlobeNewsWire

Secure Thing's Investors:

 

Ajjas (HPS Lab Designs)

Ajjas' is a IoT SaaS based venture focuses on building solutions around automobile, human safety and location intelligence with a PAN India presence and customer base.

Industry: SaaS | Mobility Solution
Funding: Angel Round (Sep'19) & Corporate VC Investors (Feb'20)
Investors: HNIs & Family Offices - Pravin Gandhi, Nirmal Bhogilal, Hongkong HNI Investors are amongst a few;
Corporate VC Investor - HPCL

Ajjas's Investors:

 

AMORQA | SwitchMe

Proprietary Robo-Underwriting AI & ML Driven Technology for Home Loan

Industry: SaaS | Fintech
Funding: Pre-Series A (Sep'18) & Rights Issues (Oct'19)
Investors: HNIs & Family Offices - Pravin Gandhi, Nirmal Bhogilal, Sanaram Capital (BV Mohan Reddy) amongst a few

Emotix

Creator of India’s first companion robot Miko, is a technology-driven company focused at developing emotionally intelligent systems.

Industry: Robotics with AI & ML | Education
Funding: $2M (Bridge Round & Pre-Series A)
Investors: Chiratae Ventures (Formerly known as IDG Ventures India), Yournest, a few HNIs (Mar’18)

Emotix's Investors:

 

Chaaipani

They are a digital media platform to discover, share and act on positively inspiring stories around us.

Industry: Media & Entertainment
Funding: Seed Round
Investors: HNIs (Nov’17)

Investment Portfolio

Quifers

They are a Full Stack Logistics solution technology platform plus operational support, including point-to-point deliveries and distributions as well as hourly rental services.

Industry: Logistics
Investment: Angel Investment (Aug’15)

Asiatic Clinical Research

They are a full service clinical research organization (CRO) headquartered in Bangalore, India. They focus on Phase II - IV clinical trial support to pharmaceutical, biotechnology and medical device companies.

Industry: Healthcare
Investment: Angel Investment (Mar’10), Exited (July’17)