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Elevate Now raises Rs 18 Cr in seed round led by Physis Capital

EntrackrEntrackr ยท 15h ago
Elevate Now raises Rs 18 Cr in seed round led by Physis Capital
Medial

Snippets Elevate Now raises Rs 18 Cr in seed round led by Physis Capital Elevate Now, a doctor-led, root-cause-driven clinical weight loss platform, has raised Rs 18 crore in a seed funding round led by Physis Capital along with participation from Inflection Point Ventures and Titan Capital. The Bengaluru-based startup had earlier secured $2 million in a pre-seed funding round from W Health Ventures, Narayana Health, and Swiggy Co-founder Sriharsha Majety. The proceeds will be deployed towards strengthening its technology platform, expanding proprietary clinical research, developing medicinal and nutritional supplements, and building next-generation personalisation systems to improve outcomes at scale, Elevate Now said in a press release. Launched in November 2022 by Suryansh Kumar, Elevate Now is a clinical weight loss company that focuses on pioneering non-surgical, medical weight loss solutions. The startup offers personalized, science-based weight management programmes designed to help individuals achieve their fitness goals in a sustainable and responsible manner. According to Elevate Now, it works on diagnosing underlying drivers for weight gain such as insulin resistance, inflammation and hormonal imbalances, and then delivering personalised treatment under medical supervision rather than generic calorie restriction. The platform operates a fully online, subscription-based model offering programs ranging from 3 to 24 months. Each user is assigned a physician trained in obesity medicine, supported by blood diagnostics, continuous glucose monitoring data and a dedicated health coach. Elevate Now claims to have onboarded over 30,000 paying users to date and users have recorded an average weight loss of approximately 10 kilograms over six months. Between April 2025 and January 2026, it reported average month on month revenue growth of 17%. It competes with the other notable players in this segment such as Healthifyme, Sugarfit, Fittr, amongst others.

Scandalous Foods raises funds in ongoing Seed round led by New Age India Fund

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Scandalous Foods raises funds in ongoing Seed round led by New Age India Fund
Medial

Snippets Scandalous Foods raises funds in ongoing Seed round led by New Age India Fund Business-to-business (B2B) Indian sweets brand Scandalous Foods has raised Rs 2 crore in an ongoing seed funding round led by New Age India Fund. The startup has received three term sheets from various investors and a family office which it is evaluating towards closing this round. Prior to this, the company had raised Rs 3 crore in its pre-seed funding round from Indian Angel Network and others back in Feb. 2024. The proceeds will be channeled towards expanding production capacity and strengthening its SME HoReCa (Hotels, Restaurants, and Catering) distribution network, fueling the companyโ€™s next phase of growth, Scandalous Foods said in a press release. Co-founded in August 2022 by Sanket S, Scandalous Foods aims to empower the sweets industry for the restaurant sector. With a commitment to quality and innovation, it offers preservative-free sweets with a 6-month shelf life, available in convenient single-serve sizes. Currently a B2B company with aspirations for B2B2C and B2C expansion. Scandalous Foods operates with a focus on cloud kitchens and plans to expand to various food service segments. In the near future, the brand is set to introduce mithai bars and sachets, catering to spontaneous indulgence without the guilt. "At Scandalous Foods, weโ€™re not just selling Indian sweetsโ€”weโ€™re working towards becoming the biggest mithaiwala in the unplanned post meal impulse purchase space. This funding is a massive leap forward in our journey to make our sweets a staple in restaurants and catering menus across India. With bigger production, a stronger distribution network, and new products in the pipeline, weโ€™re gearing up to bring our bold, delicious creations to even more people,โ€ said Sanket S, co-founder of Scandalous Foods. Scandalous Foods said that it has experienced 7x growth in calendar year 2024, selling over 2 million cups of Indian sweets across nine cities. The brand has a reach of nearly one million unique consumers through its 27 B2B clients and over 1,500 distribution points. The Nashik-based startup plans to introduce 2-3 new products and expand into new sub-channels within existing markets. Initially focused on key account HoReCa clients, it will now target SME HoReCa and caterers.

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