Matrix Geo Solutions, a prominent player in the drone and space technology sector, has successfully raised nearly USD 1 million in its pre-IPO funding round. This investment comes from Chittorgarh Infotech Limited, Viney Equity Markets LLP, and Tryrock Capital Trust AIF. The company is preparing to submit its Draft Red Herring Prospectus (DRHP) for an upcoming SME IPO.
Founded in 2008 by Amit Sharma and Rahul Jain, Matrix Geo Solutions leverages advanced drone and satellite technology to enhance planning, monitoring, and management across diverse industries. The company’s services help boost efficiency, reduce costs, and improve decision-making in sectors such as railways, roadways, mining, urban planning, agriculture, hydropower, and solar energy.
Amit Sharma, Co-founder of Matrix Geo Solutions, expressed excitement over the successful funding, emphasizing the significant growth of the drone services sector, especially following India’s 2021 drone regulations. The raised funds will accelerate the company’s expansion and increase its market presence both in India and globally.
Additionally, Matrix Geo has launched the “Drone Academy of India,” a training initiative for students, infrastructure companies, and government agencies, further strengthening its industry footprint.
Assure Clinics Raises INR 15 Crore to Transform Dermatology and Hair Restoration
Assure Clinics, a trailblazer in dermatology and hair restoration, has secured INR 15 crore in a seed funding round. Investors include Venture Catalysts, Sathish Subbiah of Fiducia Capital, DIFC Dubai, and Indresh Shah of Honor’s Group UAE. This funding will enable the company to expand into new markets, enhance its technological infrastructure, and solidify its leadership in the industry.
Dr. Abhishek Pilani, Founder of Assure Clinics, expressed excitement about the investment, highlighting how it will fuel their mission to redefine dermatological and hair restoration care. The funding will help Assure Clinics focus on delivering innovative treatments while maintaining personalized patient care.
Founded by Dr. Abhishek and Priyanka Pilani, Assure Clinics has rapidly expanded, with 15 centers across India. The company offers advanced treatments like Follicular Unit Extraction (FUE) and Platelet-Rich Plasma (PRP) therapy, along with a wide range of skincare services. With over 250 employees, Assure Clinics is committed to enhancing patient outcomes through cutting-edge dermatological solutions.
