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Deep-tech startup OneARVO raises pre-seed round led by IPV

EntrackrEntrackr · 23d ago
Deep-tech startup OneARVO raises pre-seed round led by IPV
Medial

Deep-tech startup OneARVO has raised Rs 1.23 crore in a pre-seed funding round led by Inflection Point Ventures. The fresh funds will be utilised for technology team augmentation, building an AI lab for datasets, and go-to-market implementation, OneARVO said in a press release. Co-founded in 2023 by Sumit Goswami and Duke Banerjee, OneARVO is a deep-tech startup operating at the intersection of AI and blockchain. It enables global brands to secure product authenticity and combat counterfeiting through a patented, tamper-proof, copy-proof labelling system that creates immutable digital records across the supply chain. The Delhi-based startup operates as a supply chain integrity solutions provider, helping brands protect, track, and authenticate their products across the supply chain by combining AI, blockchain, and smart product identification technologies. It has launched the industry’s first copy-proof code and AI-based tamper-proof labels. OneARVO claims it has already generated $10,000 in revenue from two paying clients and delivered four proof-of-concept (POC) projects. Over the next 12–18 months, the company plans to expand its AI lab and product team, deepen ERP and printing integrations, and accelerate enterprise deployments across pharmaceuticals, the automotive aftermarket, and industrial manufacturing in India and export markets. Inflection Point Ventures (IPV) is an angel investing platform with over 24,000 CXOs, HNIs, and professionals investing in startups. It has launched a $50 million Category II VC fund, Physis Capital, to invest in pre-Series A to Series B growth-stage startups. The fund has already deployed capital in six startups, with more deals in the advanced pipeline.

Related News

The Artment raises Rs 10 Cr in pre-Series A round led by IPV

EntrackrEntrackr · 3m ago
The Artment raises Rs 10 Cr in pre-Series A round led by IPV
Medial

Snippets The Artment raises Rs 10 Cr in pre-Series A round led by IPV Home décor and lifestyle brand The Artment has raised Rs 10 crore in pre-Series A funding round led by Inflection Point Ventures. The round also witnessed participation from Siyaram Family Office, ESV, Capitar Ventures and others. IPV made its investment in this round through IPV International as well, utilizing the GIFT City route. The Gurugram-based company had previously raised $527K in a seed funding round from Harshit Poddar and others. The proceeds will be deployed over category expansion, investment in ‘Art Lab’ – a tech-platform to crunch data, launch products and towards channel expansion, The Artment said in a press release. Co-founded in 2019 by Aditya Agarwal and Aanchal Agarwal, The Artment offers a wide range of artistic home furnishings, including dining, lighting, and wall art, designed with various art movements in mind. The brand maintains a strong online presence through its website and major e-commerce platforms, and has expanded into offline luxury retail through a partnership with Taj Hotels. “At Artment, we invested early in building a strong data analytics infrastructure called Art Lab, which powers our ability to launch the right assortment efficiently and stay close to evolving consumer preferences,” said Aditya Agarwal, founder & CEO, The Artment. As per a market research, India’s home & living market, currently valued at $3.7 billion, is growing at a 15% CAGR, with 12% of sales occurring online. The Artment claims that it is EBITDA positive and is aiming to reach 100 crore ARR in the next six months. The brand has a repeat customer rate of 20%, showing trust and steady demand from the existing users. The Artment is backed by a deep supply chain network present in most key art and manufacturing clusters across India such as Moradabad, Khurja, Firozabad, and Jodhpur.

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