Early stage capital for global innovation
Focused on tech startups in the US and in India
NEWSLETTER - Q2, 2021
SRI CAPITAL UPDATES
 
 

Doc Parghi wins Global Excellence Award at World Trade Centers Day Awards

Doc Parghi, Managing Partner at SRI Capital, has received the ‘Charles D. Close School of Entrepreneurship Global Excellence Award’ at the 19th Annual World Trade Centers Day Awards organized by The World Trade Center of Greater Philadelphia (WTCGP). Each year, WTCGP recognizes business leaders and leading companies for their global achievement, vision, and contribution to making Greater Philadelphia a world-class region.

 
PORTFOLIO UPDATES
 
 

Meddo Health closes pre-series A round at $6 million led by SRI Capital

Meddo, a health-technology start-up operating in the ambulatory space, has closed the Pre-Series A round at $6 million, led by SRI Capital, Picus Capital and Alkemi Capital. Despite the Covid challenges, Meddo has been growing and expanding its network and service offerings. In the last few months, the venture launched relevant solutions like L1 Covid centres, tele-consultation services, diagnostic solutions and an extremely useful and cost-effective healthcare membership called MeddoSure.

 
 
 
 

DreamVu honored in 2021 RBR50 Robotics Innovation Award

DreamVu, developer of the PAL omnidirectional image depth and stereo camera technology, has been selected by Robotics Business Review magazine as a 2021 RBR50 Robotics Innovation Award Honoree. DreamVu’s PAL and PAL Mini 360° cameras were recognized for their contributions to the robotics community. This marks the second award for the company this year.

 
 
 

Fakespot rolls out the Fakespot secure shopping app, the best way to shop Amazon on mobile devices

Fakespot, the leader in consumer protection through its Chrome and Firefox extensions, announced the launch of the Fakespot Secure Shopping for iOS, which brings all the features of Fakespot’s extensions to a revolutionary mobile app. Now users can shop Amazon directly from the Fakespot Secure Shopping app to experience Amazon shopping as it should be, with genuine products and reviews, reliable sellers, great prices and fewer returns. The app is available for iPhones and will soon be launched for Android.

Blaize expands Asia-Pacific distribution in automotive, retail, metro and industrial markets via partnership with Weikeng

Blaize, the AI computing innovator revolutionizing edge and automotive computing solutions, announced a partnership with Weikeng to provide demand generation distribution for Blaize products in China, Taiwan and Southeast Asia edge computing markets. "Weikeng's demonstrated technical expertise and leadership will help us achieve greater access to the fast-growing Asia-Pacific markets for AI edge computing and automotive," said Dinakar Munagala, CEO of Blaize.

 

YuppTV re-launches Zee channels, the # 1 choice of millions of NRI's in Americas

YuppTV, the world's leading OTT platform for South-Asian content, has launched Zee Network channels in USA and Canada. Through its platform, viewers will now be able to catch a wide mix of relatable fiction, high voltage non-fiction, marquee events and blockbuster movies in Hindi & regional languages from Zee channels. With launch of Zee channels, Yupp TV completes the spectrum of Indian Entertainment, almost in all languages and Genres.

 
 
 
 

Glassbeam expands market reach in healthcare IoT analytics sector with Deloitte

Glassbeam announced it is working closely with Deloitte in a strategic ecosystem relationship to meet the urgent business needs of customers in the healthcare IoT analytics sector. Glassbeam and Deloitte will help healthcare organizations drive higher Return on Assets by deploying Glassbeam’s Clinsights solution which delivers improved machine uptime and utilization across an entire fleet of medical equipment. The end goal is to enhance asset and capital efficiency, thereby improving financial performance with increasing revenue and expanding margins while delivering patient care at optimum levels.

 
 
 
 

EureQa's newest version is the first purpose-built, automation platform for testing digital apps at scale

eureQa, LLC, released the latest, updated version of its automation platform, with a 100% focus on testing enterprise Digital Apps at scale. With eureQa, application teams can now plan and execute functional, performance and compatibility testing and synthetic monitoring on a unified Cloud platform. Machine Learning and Artificial Intelligence reduce the time and effort to build and maintain automation while automatically troubleshooting failed tests to identify why they fail.

 

eureQa is trusted by industry leaders like Calvin Klein, Oracle and IQVIA, and has developed into the test automation platform of choice for the leading global digital-first businesses.

 
 
 
 

Beroe partners with Corcentric to boost effectiveness of supplier risk & compliance management efforts

Beroe, Inc. the world's leading procurement intelligence firm, announced its integration with Corcentric, a leading provider of business spend management and revenue management software and services to offer supplier risk and compliance solutions to procurement teams.

 

The integration of Beroe Know Your Supplier (KYS) with the Corcentric Platform offers Corcentric customers an essential and unique opportunity to link their supplier profiles with 3rd party risk data with some key benefits. The Beroe KYS provides Corcentric Supplier Management customers information from the leading providers of supplier risk data including financial, reputational, sustainability, and cyber risk information.

 
 
 
 

HealthifyMe hosts the world’s largest virtual yoga gathering with 108 yoga sessions

On the occasion of International Day of Yoga 2021, AI-led health and fitness app HealthifyMe organized a 3-day long ‘World Yoga Fest’, aimed at promoting and raising awareness about the practice of Yoga for wellbeing all over the world. The new global campaign, launched on June 19, featured a total of 108 yoga sessions, 18 hours a day, 30 minutes, with participation from a variety of domestic and international yoga masters.

 
 
 
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