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Caregiving-tech startup LegUp raises Rs 2 Cr pre-Seed funding

EntrackrEntrackr · 11m ago
Caregiving-tech startup LegUp raises Rs 2 Cr pre-Seed funding
Medial

Bengaluru-based caregiving-tech startup LegUp, which has introduced a platform to bridge the gaps between modern families and trusted caregivers, has secured pre-seed funding of Rs 2 crore ($250K) from Bluebridge Capital Private Limited. This marks LegUp’s first official fundraising round since its inception in May 2024. The company plans to utilize the capital to enhance its technology and operational capabilities while fostering growth and expansion. Additionally, a significant portion of the funds will be allocated toward the development and launch of two upcoming mobile apps. LegUp offers a range of high-quality caregiving and companion services catering to both baby care and elder care segments, including japa nanny services, babysitting, and elderly homecare attendants, among others. The platform has already onboarded over 10,000 skilled caregivers. LegUp is growing rapidly, with a 40% month-over-month revenue increase. The company has established a strong presence in Bengaluru, reaching an MRR of Rs 22 lakh and aiming for an annual revenue of Rs 15 crore in the next fiscal year. The childcare services sector in India is projected to generate over $25,892 million in revenue by 2030, growing at a CAGR of 5%. Meanwhile, the Indian elderly care market, currently valued at $7 billion, is expected to reach a staggering $50 billion by 2030.

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Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 6m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

Construction-tech startup HandyPanda raises Rs 2 Cr led by AJVC

EntrackrEntrackr · 2d ago
Construction-tech startup HandyPanda raises Rs 2 Cr led by AJVC
Medial

Construction-tech startup HandyPanda has raised Rs 2 crore in a pre-seed funding round led by early-stage venture capital firm AJVC, with participation from angel investors including Sankalp Kathuria (Co-Founder & CEO, Broadway) and building materials family office heads. The proceeds from the round will be used to build teams and strengthen systems across product, operations, and supply. HandyPanda is focused on reimagining the consumer experience for building materials by addressing challenges such as delays caused by fragmented supply chains, limited price transparency, and concerns around product authenticity. Founded by three IIT Delhi batchmates Abhishek Rao, Shaurya Goel, and Shaurya Jindal, the startup believes India’s home renovation and construction market is at an inflection point, driven by evolving consumer expectations and a rapidly organizing supplier ecosystem. According to its website, HandyPanda lists construction and renovation materials across categories such as electricals, bathware & plumbing, hardware, and paints with products sourced from manufacturers or authorized dealers. HandyPanda launched operations in September 2025 and is close to achieving Rs 1 crore in annual recurring revenue (ARR), measured on a GMV basis. AJVC is a SEBI-registered pre-seed venture capital fund and has backed multiple early-stage startups across consumer, fintech, enterprise, and manufacturing-focused segments. Its portfolio includes companies such as Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.

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