• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • HGM Limited Acquires Aideo Technologies to Strengthen AI-Driven Healthcare Services

    Aideo Technologies

    Pune: HGM Limited has announced that its U.S. subsidiary, Healthcare Capital Holdings LLC (HCH), has entered into a definitive agreement to acquire Aideo Technologies, a U.S.-based AI-powered autonomous coding solutions provider.

    The acquisition will significantly expand HGM’s healthcare services platform across revenue cycle management (RCM), medical coding, and healthcare analytics, reinforcing its strategy to deliver scalable AI-led automation and measurable outcomes in the healthcare sector.

    Also Read: Vyome and Embryyo Sign MoU to Develop AI-Enabled Medical Devices

    Aideo Technologies to Enhance HGM’s AI-Led Healthcare Platform

    Dr Bhargav Thakkar, EVP Healthcare at HGM Limited, said, “The acquisition of Aideo Technologies is a critical step toward building a comprehensive AI-driven healthcare services platform. Aideo’s Autonomous Coding Platform, powered by advanced AI, natural language processing, real-time analytics, and Large Language Models (LLM), achieves accuracy levels beyond manual and traditional CAC systems. Its HL7 interoperability ensures seamless integration with industry-standard EHR systems, supporting surgical specialties, anesthesia, radiology, emergency departments, and RCM companies across the U.S.”

    He added that the technology complements HGM’s existing strengths, enabling rapid scalability, better compliance, and enhanced value delivery to providers, payers, and patients.

    Transaction Details

    Under the terms of the agreement, HGM Limited, through its wholly owned subsidiary, will acquire 100% equity in Aideo Technologies via an equity transaction. The deal is expected to close in August 2025, subject to customary closing conditions.

    Also Read: Wipro Acquires HARMAN DTS Business Unit

    HGM Limited is a global enterprise focused on building scalable technology-driven solutions across high-growth sectors. Leveraging artificial intelligence, operational scalability, and process excellence, the company is establishing a category-leading healthcare services platform in the United States, targeting RCM, medical coding, ambient listening, and healthcare analytics.

    Aideo Technologies is a U.S.-headquartered technology company specializing in AI-powered autonomous coding solutions. Its flagship Gemini AI Coding Platform delivers industry-leading accuracy, speed, and cost efficiency for healthcare providers, revenue cycle management companies, and specialty practices.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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