Kazam has raised $3.6 million in a Series A funding round led by Avaana Climate Fund, while Bonatra has acquired women’s health startup MyAva.

Avaana Climate Fund backs Kazam

Kazam, a software platform for electric vehicle charging, has raised $3.6 million in a Series A funding round led by India-based VC firm Avaana Climate Fund, according to a LinkedIn post by Akshay Shekhar, CEO of Kazam.

RMI- and New Energy Nexus-founded Third Derivative and existing investors Inflection Point Ventures and We Founder Circle participated in the funding round.

Founded in 2020, Kazam is working on an app which manages all charging needs of an individual driver, an ERP software for organisations to manage any charging hardware, and on creating micro entrepreneurs who can own IoT-enabled unmanned charging stations.

Finland-based EV charging platform Virta raised $94 million in a growth funding round led by French private equity firm Jolt Capital in April, while Electric vehicle charging startup CHARGE+ZONE raised $54 million in its Series A1 funding round led by BlueOrchard Finance in March this year.

Bonatra to expand healthcare offerings

India-based healthtech startup Bonatra has acquired women’s health startup MyAva for an undisclosed amount, reported The Economic Times.

Bonatra plans to accelerate its holistic healthcare programmes via this acquisition and become a comprehensive provider for chronic health conditions management, the report added.

Launched in 2022, Bonatra is a holistic health company creating a convergence of medical science, data science, and technology to manage and reverse chronic diseases, such as diabetes, hypertension, and other issues including sexual problems, safely and sustainably from the comfort of their home.

MyAva brings together experts in the fields of gynaecology, nutrition, dermatology, and fitness to provide a personalised experience to women going through conditions like PCOS, thyroid, period pain, etc.

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