• Startup Pulse
    Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating.
  • Regenerative Medicine Startup Pandorum Technologies Raises $18 Million Series B

    Pandorum Technologies cofounders Arun Chandru and Tuhin Bhowmick

    Bengaluru: Pandorum Technologies, a biotechnology company pioneering programmable regenerative medicine with operations in India and the United States, has announced the closing of a US$18 million Series B financing round to advance the clinical development of its disease-modifying, tunable, exosome-based therapies, including Kuragenx, while scaling global manufacturing and expanding operations across the U.S., Japan, and the Middle East.

    The funding round was led by Protons Corporate, with participation from Galentic Pharma, Ashish Kacholia, Noblevast Advisory and Avinya Fund, Burman Family, and others.

    Bandana Kankani, advisor and investor at Pandorum Technologies, guided the transaction, aligning the investment architecture with the company’s value-creation strategy.

    Also Read: RDI Fund: INR 1 Lakh Crore Innovation Scheme Enters Execution Phase; TDB, BIRAC Approved as SLFMs

    Pandorum Technologies Series B Funding to Accelerate Clinical Development

    Founded by Tuhin Bhowmick and Arun Chandru, Pandorum Technologies has developed a proprietary platform combining biology, engineering, and computation to create tunable regenerative exosome therapies that reprogram pathological tissue states such as inflammation and fibrosis toward functional recovery.

    “Just like the Ship of Theseus, the human body is constantly being rebuilt. Pandorum focuses on restoring biological memory, redefining regenerative medicine at its core,” said Dr Tuhin Bhowmick, Co-Founder and CEO of Pandorum Technologies.

    “Our approach treats tissue health, disease, and degeneration as a navigational challenge within an information-constrained biological landscape,” added Dr. Tuhin.

    “This funding would enable us to translate breakthrough science into programmable, disease-modifying therapies, beginning with single-tissue applications and scaling to multi-tissue repair, aligned with Pandorum’s vision – to heal fast and age slow.”

    “Congratulations to our team for this achievement. Regenerative medicine, particularly for corneal blindness, is a global necessity that knows no borders,” said co-founder Arun Chandru.

    Clinical translation efforts are being led by globally recognized clinicians including Dr. Virender Singh Sangwan (Dr. Shroff’s Charity Eye Hospital, New Delhi), Dr. Shigeru Kinoshita (Kyoto Prefectural University of Medicine, Kyoto), and Dr. Ramez Haddadin and Dr. Satish Nadig (Northwestern Medicine, Chicago).

    Also Read: Coalition for Epidemic Preparedness Innovations Renews Engagement Strategy with DBT and BIRAC

    Pandorum Technologies has implemented a globally distributed manufacturing strategy, including a CDMO partnership with AGC Biologics (Italy) for the U.S. and European markets, and a strategic collaboration with Nucelion Therapeutics (India), a subsidiary of Bharat Biotech, to support supply across the Asia-Pacific region. The company is also exploring potential partnerships in the Middle East.

    The company’s primary focus is on ocular surface diseases, including Stevens–Johnson Syndrome and Neurotrophic Keratitis, for which Kuragenx has received U.S. FDA Orphan Drug Designation.

    Beyond ophthalmology, Pandorum is expanding its tunable platform to address inflammatory and degenerative diseases affecting the lung, liver, and nervous systems.

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    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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