News on Medial

Android laptop brand Primebook raises $2 Mn in pre-Series A

EntrackrEntrackr · 2m ago
Android laptop brand Primebook raises $2 Mn in pre-Series A
Medial

Android laptop brand Primebook raises $2 Mn in pre-Series A In December 2022, the company had raised $1 million in its seed round co-led by Kundan Group, Brindavan Group, and Infotel Business Solution. The brand has also appeared on Shark Tank India Season 2, where they secured Rs 75 lacs from Aman Gupta and Peyush Bansal. The fresh funds will be used for R&D and product innovation, brand development & awareness, and business growth, Primebook said in a press release. Co-founded in 2018 by Aman Verma and Chitranshu Mahant, Primebook aims to democratize computing for students and digital-first learners. The brand combines hardware innovation with software intelligence to deliver smart, affordable, and student-centric laptops powered by its proprietary Android-based operating system, PrimeOS. The Delhi-based company says that its PrimeOS has been specifically created for learners and students for blended online education programs, making it simpler for students to use and comprehend. The laptop features Android app compatibility, enables simultaneous switching between apps, and is highly simple and effective to use for someone familiar with Android. According to Primebook, it primarily focuses on students, particularly in tier II, III, and IV cities, who may not have access to traditional laptops. Over two years, the brand claims that it has carved out a 5% market share in the under Rs 20,000 laptop segment, showing a YoY growth of 2x.

Related News

Healthfab raises $1 Mn in pre-Series A round

EntrackrEntrackr · 4m ago
Healthfab raises $1 Mn in pre-Series A round
Medial

Healthfab, a reusable period panty brand, has raised $1 million in its pre-Series A funding round led by Mistry Ventures along with participation from BeyondSeed, Thrive Ventures, and distinguished investors such as Anupam Mittal, Aman Gupta, Vineeta Singh, and Peyush Bansal. Prior to this, the company had raised $336K in a seed round from BeyondSeed back in 2022. The proceeds will be utilized to expand its presence in metro and Tier 2 cities as well as invest in R&D, Healthfab said in a press release. Co-founded in 2019 by Kiriti Acharjee, Sourav Chakrabarty, and Satyajit Chakraborty, Healthfab aims to transform menstrual hygiene with convenient, comfortable, and eco-friendly solutions. The company weeds out the challenges faced by women in their families. The startup’s innovative GoPadFree Period Panty is a reusable, leak-proof solution that offers comfort, unrestricted movement, and eliminates plastic waste. It is designed for confidence and ease. According to market research, India’s feminine hygiene industry is projected to reach $2 billion by 2030 with a growing CAGR of 14.8% (2025-2030). Healthfab claims that it has become the first reusable period panty brand in India to receive BIS certification and patent protection for its innovative technology. It also states to have acquired more than 3 lakh customers along with an annual growth rate of 2.5-3x in revenue. It competes with other players in this space such as Thinx and Knix.

Download the medial app to read full posts, comements and news.