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Almonds Ai raises Rs 16 Cr in Seed funding round

EntrackrEntrackr · 9m ago
Almonds Ai raises Rs 16 Cr in Seed funding round
Medial

url: https://entrackr.com/snippets/almonds-ai-raises-rs-16-cr-in-seed-funding-round-8720730 Content: Almonds Ai, a channel loyalty and rewards platform, has raised Rs 16 crore (nearly $1.9 million) in a seed funding round co-led by promoters of Haldiram’s and JITO Incubation and Innovation Foundation (JIIF). The round also saw participation from Venture Catalysts, Ever Grow Capital, Nine ALPS, and other investors such as Hemant Jain and OfBusiness co-founder Nitin Jain. The proceeds will be utilized to accelerate R&D initiatives, expand the team, and enhance product offerings, Almonds Ai said in a press release. Co-founded in 2020 by Abhinav Jain and Apurv Modi, Almonds Ai aims to redefine how brands engage with their distribution networks through cutting-edge AI technology, enhancing engagement, education, and rewards for retailers, dealers, and influencers. Almonds Ai states that its flagship Channelverse ecosystem and green loyalty programs aim to create an impact in AI-driven loyalty management and sustainability, enabling businesses to build deeper, data-driven relationships with their distribution networks. The Gurugram-based company claims to have 100 distribution-led organizations and a network of 6 million channel partners, including retailers, dealers, and professionals such as drivers, painters, and mechanics. Almonds Ai asserts that its AI-powered platform will play a crucial role in optimizing sales channels, improving partner engagement, and driving customer retention across sectors.

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Allo Health raises Rs 16 Cr in pre-Series A round

EntrackrEntrackr · 8m ago
Allo Health raises Rs 16 Cr in pre-Series A round
Medial

Allo Health raises Rs 16 Cr in pre-Series A round Sexual health startup Allo Health has raised Rs 16 crore ($1.83 million) in its pre-Series A round led by Rainmatter along with existing investors. Prior to this round, Allo had raised $4.4 million in seed funding led by Nexus Venture Partners, with participation from founders and operators, including Binny Bansal (Flipkart), Deepinder Goyal (Zomato), Rohit MA (Cloudnine), and Sandeep Singhal (Nexus). The proceeds will be used to ramp up clinic densification, invest in deeper technology capabilities, and enhance patient engagement as Allo continues to scale. Founded by Pranay Jivrajka, Allo has built a hybrid ecosystem that combines physical clinics, AI-powered treatment protocols, and trained medical professionals. Allo’s proprietary doctor training programs, AI-powered clinical decision support, and research-backed treatment helps it manage effectively. Since its inception, Allo claims to have treated over 200,000 patients across India, achieving a 85% improvement in patient outcomes, with over 35 clinics across major cities, including Bangalore, Mumbai, Pune, Hyderabad, Chennai, Mysore, and Ranchi.

Bower raises Rs 11.5 Cr in seed round

EntrackrEntrackr · 7m ago
Bower raises Rs 11.5 Cr in seed round
Medial

Bower raises Rs 11.5 Cr in seed round Bower School of Entrepreneurship has raised Rs 11.5 crore ($1.33 million) in seed funding from High-Net-Worth Individuals (HNIs) and Astir Ventures. The proceeds will be used to support the development of an AI-powered course builder platform, new partnerships with industry players, and physical campuses in Southeast Asia, the Middle East, Europe, and the USA. Bower plans to impact over 15,000 students and reach Rs 15 crore in revenue across all verticals by FY26. The institution reported Rs 1.5 crore in revenue for the fourth quarter of FY25. Founded by Pavan Allena, Bower offers entrepreneurship programs for students and professionals. These include Bower SEED for K-12 students, Bower LEAD for working professionals, and the upcoming Bower UG undergraduate program starting in August 2025. So far, Bower has worked with over 5,000 students, registered 1.5 crore in bookings within three months of launch, and operates with 27 team members and 63 faculty. The executive program, Bower LEAD, will run four cohorts in 2025 with up to 150 participants expected.

Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits

EntrackrEntrackr · 7m ago
Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits
Medial

Innovist, the parent company of Bare Anatomy, has raised Rs 136 crore (approximately $16 million) in a Series B funding round led by ICICI Venture. The round saw participation from Mirabilis Investment Trust, Niveshaay Investment, and existing backer Sauce. The funding round includes both primary and secondary components and will be directed toward product development, business growth, and team expansion, the company said in a media release. In the round, the company provided exit to Accel, which came in via their seed program (atoms). Rohit Chawla, founder and CEO, said that Innovist is one of the fastest-growing BPC (beauty and personal care) firms in the country and aims to cross Rs 300 crore in revenue by FY25. While the company has not yet filed its annual statements for FY24, it reported operational revenue of Rs 36.53 crore in FY23, along with a loss of Rs 16.87 crore. Innovist, previously known as Onesto Labs, was founded in 2018 by Chawla, Sifat Khurana, and Vimal Bhola. The company provides personal care products and currently manages three brands: Bare Anatomy, Chemist at Play, and Sunscoop. To date, Innovist has raised over $26 million, including a $7 million Series A round led by the Amazon Smbhav Venture Fund. According to startup data platform TheKredible, prior to this round, Sauce.VC was the largest external stakeholder, followed by 72 Ventures, Accel India, and the Amazon Smbhav Fund. It competes with D2C beauty brands like Minimalist, Mamaearth, Wow Skin Science, and Sugar Cosmetics.

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

EntrackrEntrackr · 1y ago
Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round
Medial

Sportstech startup Stupa Sports Analytics has raised Rs 28 crore in its pre-Series A round led by Centre Court Capital and PeerCapital. Earlier to this pre-Series A round, Stupa had raised Rs 7.5 crore in seed and pre-seed funding. The proceeds will be used to fuel its talent acquisition, global expansion, and product enhancement initiatives. The latest fund pool will also be deployed to attract top AI/ML and engineering talent to build advanced solutions. The fund will also power Stupa’s ambitions to expand globally into markets like the US, UK, Australia, and the Middle East while expanding its existing presence in regions like Europe and Asia. Founded by Megha Gambhir, Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions for advanced analytics of player performance data, broadcasting capabilities and sports digitization tools for athletes, sports federations, broadcasters and fan communities worldwide. Stupa claims to have established over 15 strategic partnerships with key governing bodies and sports federations, primarily in Europe.

Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 7m ago
Perkant Tech raises Rs 6.6 Cr in seed round
Medial

Perkant Tech raises Rs 6.6 Cr in seed round Indore-based health tech startup Perkant Tech has raised Rs 6.6 crore ($771K) in its seed round led by YourNest Venture Capital. The funding also saw support from the Government of India’s Atal New India Challenge (Rs 1 crore), Villgro Foundation (Rs 35 lakh), and Sanchi Connect (Rs 25 lakh). The proceeds will be used to help Perkant Tech improve its technology, grow its team, and prepare for a wider launch after successful tests. The firm also plans to add more features for detecting diseases early and helping in recovery tracking. Founded in 2020 by engineers Lokant Jain and Saniya Jeswani, Perkant Tech has created a smart AI-powered medical device that gives quick and clear health checks. Its main product, “Abhay Parimiti,” can scan a person’s health in under 60 seconds and works even in areas with limited doctors. Perkant’s technology is already patented in India and has a pending patent in the U.S. It is also aligned with India’s National Digital Health Mission. Its system can track over 700 body signals, helping people stay ahead of serious illnesses. The device is easy to use, making it helpful for both doctors and non-medical users in rural or remote places.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 3m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

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