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

EntrackrEntrackr ยท 16h 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.

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Lending platform Mannjal raises Rs 17.5 Cr led by Arali Ventures

EntrackrEntrackr ยท 2m ago
Lending platform Mannjal raises Rs 17.5 Cr led by Arali Ventures
Medial

Snippets Lending platform Mannjal raises Rs 17.5 Cr led by Arali Ventures Full-stack lending platform Mannjal has raised Rs 17.5 crore ($2.1 million) in a seed round led by Arali Ventures and B Capital, with participation from Sparrow Capital and Gemba Capital. The proceeds will be used to expand its lender network and accelerate product development. Founded in 2023 by Prashant Adurty, Aman Bhargava, and Harshit Lingamneni in Bengaluru, Mannjal operates a full-stack lending platform that helps financial institutions distribute priority-sector and impact-linked credit products at scale. The startup provides infrastructure that supports field operations, origination, and credit decisioning. It enables lenders to run digital and physical data journeys, enrich borrower profiles with external information sources, and structure data for analysis and decision support. Institutions can configure custom workflows for teams across risk, operations, and business functions. According to the company, lenders using Mannjal have reduced turnaround times by 50โ€“75% and improved sanction ratios to 85โ€“90%. Over the last 18 months, Mannjalโ€™s platform claims to have enabled disbursements of about Rs 1,000 crore across unsecured business loans, loan against property, and affordable housing finance. The company now works with more than 75 lenders.

Bambrew raises Rs 60 Cr led by Blume Ventures

EntrackrEntrackr ยท 1y ago
Bambrew raises Rs 60 Cr led by Blume Ventures
Medial

Cleantech startup Bambrew has raised Rs 60 crore (approximately $7 million) in a mix of debt and equity series A round led by Blume Ventures. This marks the first investment for the Bengaluru-based company in 2024. Blue Ashva Capital, Mumbai Angels, Indus Capital, and angel investors including Sreevathsa Prabhakar, Mandeep Manocha, and RK Narayan also participated in the round. The funds will go towards broadening the companyโ€™s reach into primary packaging for consumer goods, food, and beverages, enhancing manufacturing capabilities, investing in research and development, and bolstering the team, Bambrew said in a statement. Founded in 2019, Bambrew is a green packaging startup that offers eco-friendly products made from bamboo, sugarcane, and seaweed. Its handmade and reusable products serve as natural alternatives to plastic. Their offerings cater to a range of sectors such as fashion, pharmaceuticals, food and beverages, retail, and logistics. Bambrew asserts that they have successfully prevented over 20,000 kilograms of plastic waste to date and have received over 20,000 orders. Banbrew has raised around Rs 80 crore so far including its seed round of Rs 18 crore led by Blue Ashva Capital in 2021. Before the latest Series A injection, Blue Ashva was the largest external stakeholder in the company with 13.11 % followed by Suvita Investments. Head to TheKredible for the complete shareholding. Bambrew has been growing at a rapid clip which is evident from its year-on-year growth during the previous fiscal year. Its revenue from operations surged 4.7X to Rs 44.23 crore in FY23 while the losses stood at Rs 18 crore during the same period.

Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round

EntrackrEntrackr ยท 1y ago
Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round
Medial

Bubble tea brand Boba Bhai, a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 30 crore (around $3.4 Mn) in its Series A round led by 8i Ventures. The round also saw participation from existing backers, including Titan Capital Winners Fund, Global Growth Capital, and DEVC among others. Earlier, the startup raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The proceeds will be used to expand to new cities, scale operations, and introduce innovative menu offerings. Founded by Dhruv Kohli, Boba Bhai currently has 42 outlets in nine cities and plans to open over 150 stores by the end of the year. Approximately 70% of orders are generated through its website and platforms like Zomato, Swiggy, and ONDC.

Misochain Technologies raises Rs 18 Cr in seed round led by Capital-A

EntrackrEntrackr ยท 27d ago
Misochain Technologies raises Rs 18 Cr in seed round led by Capital-A
Medial

Misochain Technologies, a Bengaluru-based aerospace deep-tech startup, has raised Rs 18 crore in a seed funding round led by Capital-A. The company plans to use the funds to establish a manufacturing facility, enhance certification programs, and expand engineering, testing, and MRO capabilities for UAV manufacturers and global aerospace clients. Founded in 2019 by Rama Kandula and Murali Krishnan, Misochain focuses on developing indigenous aircraft components, reducing India's dependency on imports. Its product line includes air data probes, actuators, vibration isolation systems, and solenoid valves used in aircraft systems. Misochain employs a capital-efficient manufacturing model, outsourcing precision machining while handling design, assembly, testing, certification, and IP internally. The startup is part of MaXcel, an accelerator run by Capital-A and SanchiConnect.

Physis Capital crosses Rs 200 Cr in funding

EntrackrEntrackr ยท 7m ago
Physis Capital crosses Rs 200 Cr in funding
Medial

Physis Capital crosses Rs 200 Cr in funding Physis Capital, the growth-stage venture fund launched by Vinay Bansal, Ankur Mittal, and Mitesh Shah of Inflection Point Ventures, has raised over Rs 200 crore ($23 million) in its ongoing fundraise. According to the company, the final close is expected within the next 6 to 9 months. The fund focuses on tech-driven startups from Pre-Series A to Series B and aims to build a concentrated portfolio of 15โ€“20 companies. It will invest $1โ€“1.5 million initially, with follow-on cheques of $1โ€“4 million for high-performing portfolio companies. Physis Capital has already backed three startups Ben & Gaws, CTPL, and STAGE and has 8 more deals in the pipeline, with 3โ€“4 expected to close in the next two quarters. The fund has seen participation from leading institutions and family offices including SUD Life, Haldiramโ€™s Family Office, Lotus Holdings, and Narayana Nethralaya. โ€œWith strong support from marquee investors and a clear focus on founder-first investing, Physis Capital is well-positioned to back the next wave of high-impact startups in India. We are on track to build a portfolio of over 15 companies by the first half of next year,โ€ said Vinay Bansal, General Partner, Physis Capital. In March 2022, angel investment platform Inflection Point Ventures (IPV) had announced the launch of its $50 million new fund Physis Capital with a green shoe option of another $25 million. Later in May 2023, Physis Capital announced its first close of CAT II $50 million fund.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr ยท 6m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr ยท 8m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round โ€” comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories โ€” from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

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