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Argos Watches raises Rs 6.5 Cr in Angel round

EntrackrEntrackr · 3m ago
Argos Watches raises Rs 6.5 Cr in Angel round
Medial

Argos Watches raises Rs 6.5 Cr in Angel round Indian luxury watch brand Argos Watches has raised Rs 6.5 crore (around $780K) in an angel funding round, valuing the company at Rs 45 crore ($5.4 million) from a group of high-net-worth Indian investors. The proceeds will be used to create new products, build brand awareness, and grow online. Argos aims to double its revenue this year. Founded by Mr. M. Shahiwala, Argos brand offers high-quality, vintage-style automatic and hand-wound watches at affordable prices. It sells its watches only through its website, using a direct-to-consumer model to offer an easy buying experience. Its watches cost between Rs 8,000 and Rs 20,000. Its Apollo series and flagship Olympus watch, a mechanical watch with a power reserve indicator, have gained popularity among Indian watch enthusiasts. As of 2025, Argos remains bootstrapped, with an estimated revenue of around $580,000 annually. The brand plans to launch more models with advanced features while continuing to build its brand through community engagement and digital presence.

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QSR chain 99 Pancakes raises Rs 20 Cr

EntrackrEntrackr · 10m ago
QSR chain 99 Pancakes raises Rs 20 Cr
Medial

Quick service restaurant (QSR) chain 99 Pancakes has secured Rs 20 crore ($2.4 million) in a Series A funding round from a family office. In March 2022, it had raised Rs 6.5 crore in a round of funding through a group of angel investors. The latest funds will be used to make its presence across India, 99 Pancakes said in a press release. Entrackr has reached out to 99 Pancakes to know the names of the investors. Launched in 2017 by Vikesh Shah, 99 Pancakes specializes in a variety of pancakes that cater to all tastes and preferences. The brand sells pancakes, waffles, french crepes, macaroons, croissants, pizzas, and shakes. According to the Mumbai-based company, it is set to add 50 new outlets by the end of the current year and 200 outlets by the end of December 2025. The company aims to expand geographic coverage to 50 cities across India and will expand its presence by opening company-owned outlets and associating with master franchisees in different regions. 99 Pancakes says that it has opened 4 new outlets in the current month and expansion efforts are centered on the state of Gujarat, with new locations slated for Ahmedabad, Vadodara, Anand, Surat, and Vapi.

Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group

EntrackrEntrackr · 18d ago
Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group
Medial

Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group Lamark's proprietary ProteoStrong platform enables the stabilization of fragile protein-based drugs, such as insulin, monoclonal antibodies, and enzymes, without altering their molecular structure. Biopharma startup Lamark Biotech has raised Rs 6.5 crore in a pre-Series A round led by IAN Group, including IAN Alpha Fund, powered by BioAngels, Vinayender Tulla, Nita Roy, and Venkataraman KNK. Domain experts from IAN’s angel investors led the round. The Ahmedabad-based company had previously raised $41.3K in a seed funding round led by VIT-TBI and others. The fresh funds will be utilized to accelerate the development of thermostable insulin and expand the biologics platform for global access, Lamark said in a press release. Founded in 2018 by Vaibhav Bhatia, Lamark Biotech aims to reimagine drug delivery for chronic and life-altering diseases. Its proprietary ProteoStrong platform enables the stabilization of fragile protein-based drugs, such as insulin, monoclonal antibodies, and enzymes, without altering their molecular structure. According to Lamark Biotech, it leverages the R&D base of Venture Center, NCL Innovation, and it is advancing a new class of temperature-resilient biologics that retain potency across extreme conditions—ideal for underserved regions where cold storage infrastructure is limited. With its lead program, InsulinStrong, Lamark is targeting the Rs 4,000 crore Indian insulin market and intends to expand across Southeast Asia and the UAE. In the next 24 months, it plans to file new international patents, begin early clinical trials, and build partnerships with pharma companies, CDMOs, and global health agencies.

Leanworx raises seed round led by YourNest Venture

EntrackrEntrackr · 6m ago
Leanworx raises seed round led by YourNest Venture
Medial

Leanworx, a Bengaluru-based startup empowering manufacturing plants with real-time data, has raised Rs 8.3 crore (approximately $1 million) in its seed funding round. The round was led by YourNest Venture Capital with Rs 6.5 crore and Rs 1.5 crore from an angel investment group. The proceeds will be directed towards scaling marketing and lead generation efforts in India and Southeast Asia and advancing product development, including hardware and software certification, Leanworx said in a press release. Co-founded in 2017 by D. Srihari, Bhagavan S. K., and Dasarathi G. V., Leanworx provides a cutting-edge, AI-powered machine monitoring system that delivers real-time, actionable data from shop-floor machines to decision-makers, allowing for faster and more accurate decision-making.

Video telematics startup Cautio raises Rs 6.5 Cr in pre-seed round

EntrackrEntrackr · 1y ago
Video telematics startup Cautio raises Rs 6.5 Cr in pre-seed round
Medial

Video telematics startup Cautio has raised Rs 6.5 crore ($780k) in its pre-seed round led by Antler, 8i and AU Bank. The funding, a mix of equity and debt, was led by Antler, 8i Ventures, and AU Small Finance Bank with additional participation from Cautio’s early customers and angel investors. The startup will use the proceeds to escalate its efforts in deploying safety solutions across the country. Founded by Ankit Acharya and Pranjal Nadhani, Cautio offers cost-effective video telematics products and delivers tailored solutions aimed at mitigating safety issues prevalent in India. Through customizable dash cam devices and an AI-powered operating system, Cautio ensures accountability, improves driver conduct, minimises revenue loss, and adopts an API-first strategy. The startup counts among its clients institutions, mobility and logistic companies. It is also actively involved in multiple pilot projects across the country. Safe Cams, LightMetrics and Hero Group’s Qubo are some of the leading companies in this space.

Healthtech startup Docplix raises Rs 1.2 Cr in bridge round

EntrackrEntrackr · 1y ago
Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
Medial

Healthtech startup Docplix has raised Rs 1.2 crore in its bridge round led by Inflection Point Ventures. Earlier in March this year, DocPlix had raised Rs 5 crore in its pre-Series A round led by Eris Lifesciences with the participation of other angel investors. In February 2022, it raised Rs 1.2 crore in seed round. The fresh proceeds will be used for product development, AI integration, and market expansion, Docplix said in a press release. This will involve enhancing its EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding its market reach. Founded by Varun Garg, Aayush Garg, DocPlix’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics. Additionally, innovative visualization tools make patient data easy to understand, enhancing patient care and clinic efficiency. The startup claims to serve over 2,000 doctors, extending its reach through programs and remote clinics in tier-II and tier-III cities to address healthcare needs in underserved areas.

Vijya Fintech raises Rs 7 Cr in an angel round

EntrackrEntrackr · 1y ago
Vijya Fintech raises Rs 7 Cr in an angel round
Medial

Wealth tech platform Vijya Fintech Private Limited (VFPL) has raised Rs 7 crore in an angel round bringing the total investment in the company to Rs 15 crore. The investors in the round include Lemon Tech, Lemon Emerging Ventures, Veloce Fintech, and tech experts. VFPL had raised $1 million (around Rs.8.25 crore) from multiple investors in November 2022. The funds will be strategically used in growth initiatives, ramp up go-to-market strategies, and expand market reach, the company said in a press release. Founded by Aakash Bansal, Paresh Paladiya and Rajesh Soni, VFPL’s wealth management platform offers easy integration for investors, distributors, advisors, and stockbrokers, delivering insights and solutions to financial intermediaries. The company said that over 2,000 intermediaries like mutual fund distributors (MFDs), registered investment advisors (RIAs) and stock brokers have been using their platform. The firm also plans to launch MIDASX, an innovative B2B2C marketplace to transform financial interactions.

Proptech startup Flent raises Rs 6.5 Cr in pre-seed round

EntrackrEntrackr · 9m ago
Proptech startup Flent raises Rs 6.5 Cr in pre-seed round
Medial

Proptech startup Flent has raised Rs 6.5 crore in its pre-seed round led by WEH Ventures, with participation from US-based 2 AM Ventures, Pareto Holdings, and a group of angel investors, including Sanchan S Saxena (ex-GM, Airbnb), Aneesh Reddy (founder, Capillary Technologies), Arjun Vaidya (founder, Dr. Vaidya’s), and Abhilash N (co-founder, Ivy Homes). The proceeds will be used to expand its core team and further develop full stack renting platform, which aims to make renting 10X easier and faster for India’s new-age working professionals. Founded by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri, the startup claims to have seen good traction for its flagship product Flent Reserve. Within 15 days of signing up and sharing their preferences, customers can move into a fully furnished, designer turnkey home with zero brokerage, a minimal deposit, and flexible stays ranging from 3 to 11 months. Since its inception in October 2023, Flent has launched 120 rooms across Bengaluru, from 1 BHKs to 3 BHKs, all of which have been rented out within 10 days of launch. The company already has a waitlist of over 500 people and has consistently achieved 100% occupancy. For homeowners, Flent manages the entire process, from property acquisition to furnishing and turning homes into turnkey rentals.

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