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Wundrsight raises $400K in seed round led by IPV

EntrackrEntrackr · 11m ago
Wundrsight raises $400K in seed round led by IPV
Medial

Wundrsight, a digital therapeutics startup, has raised $400K in its seed round led by Inflection Point Ventures. Social Alpha has also joined the round along with other angel investors. The proceeds will be used to expand its hospital and clinic partnerships network across India and ramp up the development of its VR-based mental health solutions, the company said in a press release. Co-founded by Raunak Swarnkar, Wundrsight focuses on digitising and standardising mental health therapy using the immersive nature of Virtual Reality (VR). The startup has also been backed by Meta (Facebook parent), DLabs at the Indian School of Business, IIT Mandi Catalyst, and NASSCOM. Currently operating in three metro cities, Wundrsight claims to have already secured contracts with over 5 hospitals, with additional partnerships with private and government hospitals underway. Offering more than 6 VR therapy products, the startup has treated over 1,000 patients across various mental health conditions, including substance use disorders, OCD, anxiety, phobia, and autism, with clinician-administered therapies. According to market research, India’s mental health market valuation is projected to reach approximately $62.86 billion by 2032, up from $6.89 billion in 2023, with a compound annual growth rate (CAGR) of 28.16%.

Wellness brand Amocare raises $400K in pre-seed round

EntrackrEntrackr · 1y ago
Wellness brand Amocare raises $400K in pre-seed round
Medial

Wellness brand Amocare has secured $400,000 in a pre-seed funding round co-led by FAAD Network and AngelBay Holdings. The proceeds will be deployed towards scaling business operations, curating more wellness products in the intimate category, building a high-trust brand, and focusing on driving customer awareness, Amocare said in a press release. Launched in 2023 by Prabhat Maheshwari, Amocare offers premium intimate wellness products with a focus on natural solutions. Its products range from personal care to intimate hygiene, catering to holistic wellness needs. According to the company, its products help in combating the rising challenge of lifestyle-related intimacy concerns by offering couples natural, effective, and scientifically formulated solutions. Gurugram-based Amocare claims that it will be expanding its product distribution in the international markets like Eastern Europe and the UK through one of its strategic investors. The other major players in this space are Bold Care, MyMuse, Pee Safe, The Sangya Project and others.

GoTrust secures $400K in pre-seed funding led by Aevitas Capital

EntrackrEntrackr · 3m ago
GoTrust secures $400K in pre-seed funding led by Aevitas Capital
Medial

GoTrust secures $400K in pre-seed funding led by Aevitas Capital Privacy compliance and data governance startup GoTrust has secured $400K in a pre-seed funding round led by Aevitas Capital Private Limited, with participation from other angel investors. According to a press release from GoTrust, the fresh capital will be used to accelerate product development, expand its talented team, and broaden its reach in both domestic and international markets. Launched in 2023 by Himanshu Gautam, GoTrust provides businesses with tools to navigate complex data protection regulations. Its platform includes features such as consent management, data mapping, and risk assessment, helping companies meet compliance standards while building customer trust. The Noida-based startup claims that its solution integrates easily with existing systems and offers key functionalities, including automated data discovery, consent and preference management, DSR automation, compliance tracking with a DPO Runbook (covering GDPR, CCPA, HIPAA, DPDPA), third-party risk management, and centralized policy updates. GoTrust says its platform allows businesses to replace manual, fragmented processes with a secure and scalable solution—reducing risk, saving time, and strengthening digital trust. It addresses the growing demand for data protection by offering user-friendly, adaptable compliance solutions tailored to organizations of various sizes, ensuring seamless adherence to evolving data protection standards. It may directly or indirectly compete with the other players in this space such as OneTrust, Securiti.AI, and SISA Network Intelligence.

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