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Dr. Paws raises Rs 29.3 Cr in pre-Series A led by Chiratae Ventures

EntrackrEntrackr · 2m ago
Dr. Paws raises Rs 29.3 Cr in pre-Series A led by Chiratae Ventures
Medial

Bengaluru-based veterinary clinic chain Dr. Paws has raised Rs 29.3 crore ($3.5 million) in a pre-Series A funding round led by Chiratae Ventures. Existing investor Sauce also participated, along with venture debt from Trifecta Capital and Stride Ventures. The proceeds will be used to expand the clinic network in Bengaluru, where the company plans to add nine new clinics by 2026. Dr. Paws will also enter new markets including Hyderabad and Pune. It is also preparing to launch at-home veterinary services and private-label products across treats, supplements, and pet food. Founded by Udit Gadkary and Rakesh Santhapur, Dr. Paws operates veterinary clinics focused on consultations, surgeries, diagnostics, and preventive care. The firm currently runs three 24x7 clinics in Bengaluru, with two more under construction. Since launch, the company claims to have completed over 30,000 appointments and more than 800 surgeries. The clinics are reported to reach operating profitability within five months of launch. In parallel, Dr. Paws plans to invest in technology to improve clinical workflows, customer management, and internal training. It is also strengthening its leadership team for city-level and central operations.

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Pet healthcare startup Dr. Doodley raises $3.3 Mn in pre-Series A

EntrackrEntrackr · 4d ago
Pet healthcare startup Dr. Doodley raises $3.3 Mn in pre-Series A
Medial

Pet healthcare startup Dr. Doodley raises $3.3 Mn in pre-Series A Pet healthcare startup Dr. Doodley has raised $3.3 million (Rs 30 crore) in a pre-Series A funding round. The round includes Rs 20 crore in equity and Rs 10 crore in debt, with the equity round led by V3 Ventures. Other participants include Campus Fund and Thackersey Family Office, along with angel investors such as Yatin Shah and Karan Bhagat, founders of 360 ONE Wealth, and Gautam Dalmia, managing director of Dalmia Bharat Group. The proceeds will be used to expand hospital capacity, strengthen clinical operations, and prepare for entry into other tier I cities. Founded in 2023 by Utsav Bisaria and Yash Jayprakash Ladda, Dr. Doodley operates a combined model of vet-at-home services and 24/7 multispecialty pet hospitals. The firm currently runs three hospitals in Bengaluru located in Jayanagar, Yelahanka, and Whitefield, and works with a team of around 35 veterinarians. Over the next 12 months, Dr. Doodley plans to expand to seven hospitals by opening four new facilities in Bellandur, Indiranagar, Rajajinagar, and North Bengaluru. During this period, the startup aims to treat more than 1,00,000 pets and increase its veterinary team to over 100 doctors. It also plans to launch 30-minute vet-at-home services and introduce a flat Rs 10,000 pricing model for surgeries across procedures. Dr. Doodley claims to have treated over 30,000 pets and conducted more than 1,000 surgeries in the past year.

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

EntrackrEntrackr · 19d 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.

Exclusive: Proptech startup HouseEazy raises $4 Mn in Series A

EntrackrEntrackr · 1y ago
Exclusive: Proptech startup HouseEazy raises $4 Mn in Series A
Medial

HouseEazy, an online marketplace for pre-owned homes, has raised Rs 33.5 crore (around $4 million) in Series A led by Chiratae Ventures Fund with participation from Veena Jindal, Antler Innovation Fund, and IA Growth Opportunities Fund. The board at HouseEazy has issued a total of 3,915 shares at a face value of Rs 10 and premium of Rs 85,666 on preferential basis and by way of private placement, the company’s regulatory filings with Registrar of Companies show. Chiratae Ventures has invested Rs 29.62 crore, whereas Antler Innovation Fund invested Rs 2.86 crore. IA Growth Opportunities Fund and Veena Jindal invested Rs 76.25 lakh and Rs 29 lakh respectively. As per startup data intelligence platform TheKredible, HouseEazy has reached a valuation of Rs 156 crore post money (over $18 million). The company may raise more funds in this round and the valuation will vary accordingly. In December 2023, HouseEazy raised $1 million in a seed round led by Antler and picked up $370,000 in pre seed funding in June 2022. Founded in 2021 by Tarun Sainani and Deepak Bhatia, HouseEazy is building a full-stack, data driven technology platform to provide the best prices and instant liquidity to sellers and title-checked, refurbished, ready-to-move-in homes to buyers. The Noida-based company says that it uses a proprietary machine-learning algorithm with over 1.25 million data points to provide real-time price offers, eliminating the need for multiple meetings & negotiations for sellers. In December, HouseEazy claimed that it reached an ARR of Rs 250 crore (GMV) while maintaining profitability. The firm expects to hit Rs 1,000 crore ARR by March 2025 from the NCR market alone. For the fiscal year ending March 2023 (FY23), HouseEazy registered Rs 2.78 crore in operating revenue with Rs 44 lakh in loss.

ProcMart raises Rs 25 Cr in pre-Series B round

EntrackrEntrackr · 1y ago
ProcMart raises Rs 25 Cr in pre-Series B round
Medial

Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India. The board at ProcMart has issued 5,933 pre-series B CCPS at an issue price of Rs 42,127 each to raise Rs 25 crore, its regulatory filing soured from the RoC shows. Previously, the startup had raised $10 million in its Series A round led by Sixth Sense Ventures in November 2022. Following the fresh proceeds, Sixth Sense became the largest external stakeholder with 30% stake in ProcMart while its founder and chief executive officer Anish Popli will command 41.76% of the company. As per the startup data intelligence platform TheKredible, the latest capital injection has been done at a valuation, which is Rs 275 crore. Founded in 2015 by Anish Popli, the IndiaMART-backed startup provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalogue management and market intelligence. ProcMart’s clients include Colgate, Mondelez, Harman, and Vedanta. It has 13 offices in India and one in Malaysia. The company also launched white-label in 2022 to provide construction equipment. The Noida-based company recently announced a strategic collaboration with local vendors in the biomass briquettes and pellets manufacturing sector. It competes with Lightspeed Ventures-backed Udaan in the B2B supply chain space.

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