Skip to content

Startup ventures Zeus Hygia, Deep Algorithm, amongst others, secure funding in early stages

Speedy manufacturers of nutraceutical components, cybersecurity specialists Deep Algorithm Solutions, and swift fashion-oriented entities collaborate in an unprecedented alliance.

Various early-stage companies, including Zeus Hygia and Deep Algorithm, secure funding as part of...
Various early-stage companies, including Zeus Hygia and Deep Algorithm, secure funding as part of their ongoing development efforts.

Startup ventures Zeus Hygia, Deep Algorithm, amongst others, secure funding in early stages

In a series of recent funding announcements, several Indian startups have secured significant investments to drive their growth and development. Among these are Zeus Hygia, Zulu Club, and Deep Algorithm Solutions, each with unique offerings and ambitious plans for the future.

## Zeus Hygia

Zeus Hygia, a research-driven nutraceutical ingredient manufacturer, has raised $2.5 million in Series A funding from NABVENTURES, the venture capital arm of NABARD. Founded in 2018 by Arunkanth Krishnakumar and Shankaranarayanan Jeyakodi, the company specializes in clinically validated, patented herbal extracts for pharmaceutical, nutraceutical, and over-the-counter markets.

With a focus on global expansion, Zeus Hygia aims to make its mark in Southeast Asia, the Middle East and North Africa (MENA), and North America. The funding will support research and development to create innovative nutraceutical ingredients targeting pain relief, weight control, women's health, and healthy aging. Over the next three years, the company expects 70% of its revenue to come from overseas markets.

## Deep Algorithm Solutions

Deep Algorithm Solutions, a startup offering cybersecurity and AI-driven fraud prevention solutions, raised an undisclosed amount in a funding round led by Unicorn India Ventures. Founded by JP Mishra in December 2021, the company has already deployed its platform with a major private sector bank and a government organization.

Details about Deep Algorithm Solutions' future plans are scarce, but it is known that the company intends to roll out an analytics dashboard for fraud and risk teams and strengthen R&D in agentic AI for fraud resolution. Its flagship products, adapIDAI and BotShield, are expected to play a significant role in these efforts.

## Zulu Club

Zulu Club, a hyperlocal fashion platform, raised $250,000 in pre-seed funding from TDV Partners. Founded by Adarsh Bhatia in 2024, the company is currently operational in Gurugram and focuses on try-at-home fashion services.

With the fresh capital, Zulu Club plans to expand across key regions in Delhi NCR. It will enhance its try-at-home flows, personalize customer experiences, deepen partnerships with retailers, and invest in logistics and customer engagement.

## Culture Circle

Culture Circle, a luxury fashion app, raised an undisclosed amount in strategic funding from Ritesh Agarwal. With over 1 million monthly users and 4,000-plus KYC-verified sellers, Culture Circle offers a curated collection of luxury fashion and aims to expand its physical footprint.

Unfortunately, specific details about Culture Circle's future plans or current status are not available in the provided sources.

In conclusion, these startups are poised to make significant strides in their respective industries, with Zeus Hygia focusing on global expansion and product innovation, Deep Algorithm Solutions strengthening its cybersecurity and AI offerings, and Zulu Club expanding its hyperlocal fashion services. Culture Circle, while not detailed in the recent funding context, continues to grow its luxury fashion offerings and user base.

Finance and technology played crucial roles in the recent funding of Zeus Hygia, as they secured $2.5 million in Series A funding from NABVENTURES for research and development of innovative nutraceutical ingredients. Deep Algorithm Solutions, on the other hand, received an undisclosed amount from Unicorn India Ventures to strengthen their AI-driven fraud prevention solutions in the business sector.

Read also:

    Latest