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Basil Health raises $1.5 Mn in pre-Series A round

EntrackrEntrackr · 2d ago
Basil Health raises $1.5 Mn in pre-Series A round
Medial

Basil Health raises $1.5 Mn in pre-Series A round Beverage retail brand Basil Health has raised $1.5 million in a pre-Series A funding round from Whiteboard Capital, Brigade REAP, and the leading consumer Barbershop Fund, along with participation from Deep Bajaj, Siddharth Kothari, and others. The fresh funds will be utilized to expand across cities, strengthen the supply chain, and invest in brand building and team growth, Basil Health said in a press release. Co-founded in 2023 by Harshita Kejriwal, Akshay Chaudhari, and Karan Dwivedi, Basil Health is a clean and fresh beverage retail brand building an organized national network through compact kiosks and proprietary automated beverage machines. According to the Delhi-based startup, it has more than 70 live touchpoints and in-house IoT-enabled technology focused on creating standardized, café-quality fresh beverages at scale. It aims to lead the next wave of organized fresh beverage retail in India by combining strong brand recall with dense distribution and automation-led infrastructure. The startup’s IoT-enabled systems blend fresh ingredients directly in the cup, delivering café-quality beverages with real-time monitoring and operational control. The technology enables standardization, better margins, and distribution beyond traditional retail storefronts. It plans to scale to 1,000 touchpoints over the next three years through a mix of kiosks and automated machines. Basil currently operates over 70 kiosks and automated machines across three geographies — Delhi NCR, Bangalore, and Chandigarh. Its retail model combines compact 50 sq. ft. kiosks with 8 sq. ft. plug-and-play automated beverage machines that can be deployed inside offices, hospitals, universities, and malls.

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D2C brand Basil raises $2 Mn in pre-Series A led by Prime Venture Partners

EntrackrEntrackr · 16d ago
D2C brand Basil raises $2 Mn in pre-Series A led by Prime Venture Partners
Medial

Online multi-category kids essentials platform Basil has raised $2 million in a pre-Series A funding round led by Prime Venture Partners. Existing investors Appreciate Capital and IIMA Ventures also participated in the round. The new round comes after a gap of two years when Basil had raised Rs 3.6 crore in a seed funding round co-led by IIMA Ventures and Appreciate Capital in February 2024. The funds will be used to expand into new categories such as bags and water bottles, strengthen its supply chain, and hire across leadership and product teams. The brand is targeting Rs 100 crore in ARR by FY27. Founded in 2024 by Harini Rajagopalan and Mahesh Muraleedharan, Basil operates an online multi-category kids essentials platform. It started with bento lunch boxes and insulated food jars and has grown to serve over 1.5 lakh families across more than 20,000 pincodes in India. The firm currently reports an ARR of Rs 36 crore, a 5x growth within two years of launch. Basil follows an asset-light model with manufacturing partners across India, China and Southeast Asia. It also operates an in-house Consumer Lab that drives product design based on parent feedback and holds multiple industrial design patents.

Healthcare and insurtech startup FlashAid raises $2.5 Mn

EntrackrEntrackr · 1y ago
Healthcare and insurtech startup FlashAid raises $2.5 Mn
Medial

Healthcare and insurtech firm Flashaid has raised $2.5 million in its pre-Series A funding round led by Piper Serica Angel Fund and global venture capital firm SOSV. Early-stage investors —Z21 Ventures Fund and ZNL Growth Fund also participated in this round. The proceeds will be used for growth and expansion to six new cities, the company said in a press release. Founded by Manoj Gupta and Gunjali Kothari, Flashaid offers a full-stack health solution with proprietary pre-underwritten products, open APIs, and embedded solutions. Formerly known as EasyAspataal, Flashaid is building an API-first health cover to make health insurance affordable and accessible to common people. It is developing a distinctive channel for retail health plan distribution via a B2B2C platform. Over the last year, the firm claims to have partnered with over 20 platforms to distribute 30,000 health covers and is profitable at the EBITDA level. Currently, it has an ARR (annual run rate) of $1 million and is expected to grow to $10 million ARR in the next two years.

Fluid Analytics raises $1.6 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
Fluid Analytics raises $1.6 Mn in pre-Series A round
Medial

Cleantech startup Fluid Analytics has raised $1.6 million in its pre-Series A round led by Pravega Ventures and joined by an angel investor. The proceeds will be used to execute a global scale-up expansion starting with a focus on North America, the company said in a press release. Founded by Nidhi Jain and Asim R. Bhalerao, Fluid Analytics monitors water infrastructure health, waterway conditions, and the spread of water-borne diseases at scale. The startup claims to have successfully deployed solutions, monitored over 400 million gallons (1.5 billion litres) of urban wastewater spills and enabled the treatment and reuse of over 200 million gallons (800 million litres) daily. It continues to monitor a population of over 17.5 million for water-borne diseases, as an indicator of sewage spills. Its business model helps cities to combat water pollution sustainably, collaborating with utilities, contractors, and engineering firms. Early stage venture capital fund Pravega Ventures focuses on providing seed and pre-Series A funding. Its portfolio includes Crofarm (now Otipy), Fyle, SalarySe, Cashinvoice, and GrayQuest, among others.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures

EntrackrEntrackr · 1m ago
Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures
Medial

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures Gurugram-based kitchenware startup Cumin Co. has raised $5 million (around Rs 41 crore) in a pre-Series A funding round led by Fireside Ventures. Existing investors Huddle Ventures and Alteria Capital also participated, along with several angel investors. Earlier in August last year, Cumin Co. had raised its first institutional funding of $1.5 million (about Rs 13.16 crore) led by Fireside Ventures along with participation from Huddle Ventures. The proceeds will be used to expand the product portfolio across cookware and kitchen essentials. It also plans to strengthen its supply chain, increase investments in R&D, and improve manufacturing and product innovation capabilities. Founded by Niharika Joshi and Udit Lekhi, Cumin Co. operates in the premium kitchenware segment and focuses on research-led product development. The brand sells cookware and kitchen essentials directly to consumers through online channels. Cumin Co. builds its products around proprietary material and coating technology under its Enviromax platform. It holds three granted patents and has five more pending, covering material science, surface coatings, and product design. Going ahead, Cumin Co. will continue to focus on controlled expansion, selective channel rollout, and improving unit economics as it scales its operations. It competes with other notable startups in this space such as Indus Valley and Palette Brand’s Ember. Indus Valley secured Rs 23.1 crore in a pre-Series A round led by DSG Ventures, while Palette Brands raised nearly Rs 17 crore in a pre-Series A round led by Rockstud Capital.

Axilor bets on healthtech platform Alvye; four others raise early-stage funds

VCCircleVCCircle · 1y ago
Axilor bets on healthtech platform Alvye; four others raise early-stage funds
Medial

Indian healthtech startup Alyve Health has raised $5.5 million in a Series A funding round led by Axilor Ventures. The funds will be used for platform development, talent acquisition, and expansion of operations. Alyve Health offers health plans that cover a range of healthcare services, including doctor consultations, diagnostics, medicine purchases, dental procedures, gym memberships, and well-being. In addition to Alyve Health, generative AI startup Ayna raised $1.5 million in seed funding, consumer brand Rockit secured $719,299 in pre-seed funding, drinking water brand Wahter raised $599,359 in pre-seed funding, and proptech startup Landeed raised an undisclosed amount in a strategic funding round. Fintech startup LEO1 also announced an undisclosed funding amount from Indian cricketer Rohit Sharma.

Cardiotrack raises $2 Mn in pre-series A round

EntrackrEntrackr · 2y ago
Cardiotrack raises $2 Mn in pre-series A round
Medial

Cardiotrack, a provider of data-centric healthcare screening technology and services through health and life insurance providers, has raised $2 million in pre series-A round led by Girish Narasimhan and co-investor Y S Shashidhar. Previously, the firm had raised an angel investment of $1.6 million from a cohort of UHNIs. Founded by Avin Agarwal, Cardiotrack delivers at-home pathology and radiology screening services, in over 300 locations through its pan-India network of diagnostic centers, technicians and phlebotomists equipped with its technology to its health and life insurance customers. Cardiotrack’s unique screening technologies is the equivalent of a treadmill test, being conducted in the comfort of one’s home along with video-based recorded medical examinations. Its medical and IOT grade diagnostics devices, workflow automation and health data digitisation solutions empower health and life insurance providers to offer onboarding experiences while enabling their customers to take control of their health. The Bengaluru-based startup also provides insights into the health of consumers. Currently, it serves nine health and life insurance companies in India.

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