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Ambulance startup Dial4242 raises Rs 9 Cr in pre-Series A round

EntrackrEntrackr · 3m ago
Ambulance startup Dial4242 raises Rs 9 Cr in pre-Series A round
Medial

Ambulance tech startup Dial4242 has raised Rs 9 crore (around $1.04 million) in its pre-Series A funding round led by IAN Group, with participation from BioAngels, IIM Bangalore’s NSRCEL, and other notable angels. Earlier in September 2023, Dial4242 had raised Rs 1 crore in its seed round led by investors G Vamshi Raju, Starfish Ventures, and a clutch of angel investors based in Hyderabad. The proceeds will be used to scale operations, improve ambulance turnaround time from 12 to under 8 minutes, expand medical centers in underserved areas, strengthen tech infrastructure, and boost leadership hiring. Founded in 2016 by Jeetendra Lalwani, Nilesh Mahambre, and Atin Verma, Dial4242 runs a tech-enabled ambulance network in India, covering over 850 cities. Its platform enables real-time tracking, automated dispatch, and 24x7 emergency coordination. With a tech-first, asset-light model, the startup has partnered with firms like Amazon, Zomato, and Swiggy to provide emergency care access to gig workers. The brand also plans to launch a low-cost membership model offering free ambulance access, deepen hospital partnerships, and further improve emergency response standards. Dial4242 competes with the likes of MeduLance, HelpNow, ESahai, AmbiPalm and Mo Ambulance among others in the ambulance booking segment.

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ProcMart raises Rs 25 Cr in pre-Series B round

EntrackrEntrackr · 1y ago
ProcMart raises Rs 25 Cr in pre-Series B round
Medial

Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India. The board at ProcMart has issued 5,933 pre-series B CCPS at an issue price of Rs 42,127 each to raise Rs 25 crore, its regulatory filing soured from the RoC shows. Previously, the startup had raised $10 million in its Series A round led by Sixth Sense Ventures in November 2022. Following the fresh proceeds, Sixth Sense became the largest external stakeholder with 30% stake in ProcMart while its founder and chief executive officer Anish Popli will command 41.76% of the company. As per the startup data intelligence platform TheKredible, the latest capital injection has been done at a valuation, which is Rs 275 crore. Founded in 2015 by Anish Popli, the IndiaMART-backed startup provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalogue management and market intelligence. ProcMart’s clients include Colgate, Mondelez, Harman, and Vedanta. It has 13 offices in India and one in Malaysia. The company also launched white-label in 2022 to provide construction equipment. The Noida-based company recently announced a strategic collaboration with local vendors in the biomass briquettes and pellets manufacturing sector. It competes with Lightspeed Ventures-backed Udaan in the B2B supply chain space.

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.

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.

Exclusive: Agnikul raises Rs 60 Cr in Series new round

EntrackrEntrackr · 3d ago
Exclusive: Agnikul raises Rs 60 Cr in Series new round
Medial

Space-tech startup Agnikul Cosmos has raised Rs 60 crore ($6.7 million) in a fresh funding round after a gap of two years. The company secured Rs 30 crore each from Advenza Global Ltd and Atharva Green Ecotech Pvt Ltd. According to regulatory filings sourced from the Registrar of Companies (RoC), the company has issued 225 Series C1 compulsory convertible preference shares (CCPS) at an issue price of Rs 13,33,393.74 per share to Advenza Global Ltd and Atharva Green Ecotech Pvt Ltd each. The object of raising the investment is mainly to meet the strategic growth plans and expansion of its business, as well as to address working capital requirements, according to the regulatory filing. Founded in 2017 by Srinath Ravichandran and Moin SPM, Agnikul is developing customizable small satellite launch vehicles. The startup gained attention for Agnibaan, its 3D-printed rocket engine, and operates from the National Center for Combustion R&D at IIT Madras. Prior to this, Agnikul raised Rs 200 crore (around $26.7 million) in its Series B round in 2022 led by Celesta Capital and Rocketship.vc, Artha Venture Fund, Artha Select Fund, and Mayfield India. While Agnikul is yet to file its FY25 numbers, the Chennai-based startup recorded Rs 9 crore revenue in FY24 with losses nearing Rs 43 crore in the same period. Its competitor, Skyroot Aerospace, posted a revenue of Rs 29 crore while its losses touched Rs 55 crore in FY24.

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