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Beverage startup LB Brewers raises $1.5 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
Beverage startup LB Brewers raises $1.5 Mn in pre-Series A round
Medial

Beverage startup Latambarcem Brewers (LB Brewers) has secured $1.5 million (Rs 12.5 crore) in a pre-Series A round co-led by SPV, Dhruv Agarwala, Sheba Venture Holdings and others. The fresh funds will boost its growth and solidify its position as a leader in the natural functional beverage space, LB Brewers said in a press release. Co-founded in 2017 by brothers Aditya Ishan Varshnei and Anish Varshnei, LB Brewers operates under a holistic strategy, encompassing product development, manufacturing, supply chain, and brand building. The platform offers two main brands: Maka Di, offering a range of unique craft beers, and Borecha, a functional beverage brand featuring a range of health-forward beverages with a hero product being their probiotic kombucha. According to the Goa-based company, it also offers other products like Belgian Triple, Super Maka, Bavarian Keller, and others. The startup claims that its health-focused beverage has gained significant traction with a partnership with Akasa Air and Air India Express, making it the first kombucha and sparkling iced tea served on an Indian airline. Latambarcem Brewers says that it has expanded its reach to the US, Canada, UAE, and other global markets and plans to enter 11 European countries this year. The startup is projecting Rs 300 crore in annual revenue within the next three years.

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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.

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.

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.

ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia

EntrackrEntrackr · 1y ago
ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia
Medial

ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia Healthtech startup ErlySign has raised Rs 16 crore ($1.8 million) in its pre-Series A round from Ashish Kacholia. The proceeds will be used in clinical trials, securing CDSCO (Central Drugs Standard Control Organisation) approvals, and bringing ErlySign’s oral cancer detection kit to market. Founded in 2019 by Shubhendra Singh Thakur and Deovrat Begde, ErlySign develops solutions for early detection of oral cancer. The startup also claims to offer India’s first salivary biomarker-based test which can identify pre-cancerous conditions much before visible symptoms emerge. Looking ahead, ErlySign plans to use CRISPR miRNA-based testing technology to detect multiple types of cancer using the same saliva sample within 15–20 minutes.

Healthtech startup TruDoc raises $15 Mn in pre-Series B round

EntrackrEntrackr · 8d ago
Healthtech startup TruDoc raises $15 Mn in pre-Series B round
Medial

Snippets Healthtech startup TruDoc raises $15 Mn in pre-Series B round Healthtech startup TruDoc Healthcare has raised $15 million in a pre-Series B funding round with participation from the Al Nahyan family. Healthtech startup TruDoc Healthcare has raised $15 million in a pre-Series B funding round with participation from the Al Nahyan family and the Al-Ketbi family, along with existing investor Pulsar Capital. The proceeds will be used to expand its virtual-first healthcare model and scale its at-home critical care services across the GCC region. The firm operates a virtual-first healthcare platform across the Gulf Cooperation Council (GCC), combining telemedicine, chronic disease management, pharmacy delivery, diagnostics and in-home healthcare services. The platform also runs a hospital-at-home program designed to provide critical care outside traditional hospital facilities. The company works with insurers, employers and government entities in markets such as the UAE and Saudi Arabia. The brand integrates multiple healthcare services including virtual primary care, diagnostics, pharmacy delivery and in-home nursing into a single care delivery system designed to manage patient journeys continuously rather than through episodic hospital visits.

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