AltiusHub, a software provider specializing in supply chain visibility, has secured USD 2.25 million in seed funding led by Endiya Partners. This funding will be used to expand the company's engineering team and hire senior talent with industry expertise, particularly in the pharmaceutical industry.
AltiusHub's software allows pharmaceutical companies to track and trace products from production to final sale, adhering to global regulatory standards like US DSCSA, EU FMD, and India's iVeda. The software's real-time visibility enables businesses to detect anomalies and potential counterfeit activities, providing instant notifications for swift intervention.
Bluecopa, an AI-powered FinOps automation platform, has raised USD 1.8 million in a pre-Series A funding round. This funding will be used to expand market reach, enhance AI capabilities, and advance product development. Bluecopa's platform automates complex financial operations for modern finance teams, streamlining processes across various industries, including pharmaceutical companies.
Ticket9, an event tech startup, has secured funding from actress Nayanthara and director Vignesh Shivan, who will join as strategic investors. Ticket9 offers a SaaS platform for organizers to create, manage, promote, and monetize events, including those for pharmaceutical companies. The company plans to explore movie ticketing in the future.
These funding rounds highlight the growing interest in solutions that address the unique challenges faced by pharmaceutical companies, especially in securing supply chains and streamlining financial operations. AltiusHub, Bluecopa, and Ticket9 each offer innovative solutions that can benefit pharmaceutical companies and the broader manufacturing industry.
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