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Wundrsight raises $400K in seed round led by IPV

EntrackrEntrackr · 9m 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%.

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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.

Dronetech startup TechEagle raises bridge round

EntrackrEntrackr · 1y ago
Dronetech startup TechEagle raises bridge round
Medial

On-demand drone delivery and logistics firm TechEagle has raised funds from Paytm founder Vijay Shekhar Sharma, Navam Capital and Inflection Point Ventures (IPV) in its bridge round. Earlier to this round, TechEagle raised $500K in its seed funding round led by India Accelerator in 2021. The bridge round, which is undisclosed, also saw participation from Venture Catalysts and a group of high-net-worth individuals. The proceeds will be used to fuel the company’s efforts to launch higher payload drones for mid-mile and inter-city deliveries, the company said in a press release. Founded in 2017 by Vikaram Singh Meena and Anshu Abhishek, TechEagle is a drone logistics startup that enables on-demand autonomous drone delivery for its clients. With a focus on beyond visual line of sight (BVLOS) drone operations, TechEagle caters to last-mile logistics in urban and semi-urban areas.

Venture Catalysts leads $400K seed round in B2B marketing platfrom FreeStand

IndianStartupNewsIndianStartupNews · 1y ago
Venture Catalysts leads $400K seed round in B2B marketing platfrom FreeStand
Medial

Venture Catalysts and Nocking Point Advisors have led a $400,000 seed funding round for FreeStand, a B2B marketing platform that aims to transform product sampling campaigns for major Indian FMCG companies. FreeStand allows for targeted and measurable outreach through organizing hundreds of sampling channels, attracting the attention of leading FMCG players like HUL and Nestle. With the new funding, FreeStand plans to broaden its offerings by including event and retail sampling channels while leveraging AI technology to simplify and enrich the product experience for FMCG marketers. The market for product sampling in India is expected to grow to $1.5 billion-$3 billion by 2027, making FreeStand well-positioned for growth in the sector.

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

EntrackrEntrackr · 1m 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.

Fresh From Farm raises $2 Mn in pre Series A round

EntrackrEntrackr · 1y ago
Fresh From Farm raises $2 Mn in pre Series A round
Medial

Fresh From Farm, a B2B2C platform for fresh fruit demand, has raised $2 million in its pre-Series A round led by Ashish Kacholia, founder of Lucky Investments. Inflection Point Ventures also participates in the round. The proceeds will be used for team expansion, tech enhancement, and to introduce new product lines. Fresh From Farm has also provided a partial exit to early investors offering more than 400% returns. Its early investor IPV led Rs 3 crore seed round in the company in November 2022. Founded by Rohit Nagdewani, Fresh From Farm uses a proprietary tech interface to predict and create a demand-supply equilibrium to minimise wastage of fresh produce. Its falgship product F3 converts fruit vendors into mini-franchises and sources, grades and handles fruit for them allowing them to focus on only sales. Fresh From Farm claims to have an ARR of Rs 40 crore with an aim to touch Rs 100 crore by this calendar year end. Other notable startups in the same space include Vegrow and Ninjacart.

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