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3one4 Capital leads $5 Mn round in ELIVAAS

EntrackrEntrackr · 10m ago
3one4 Capital leads $5 Mn round in ELIVAAS
Medial

Vacation home rentals platform ELIVAAS has raised $5 million in Series A funding round led by 3one4 Capital along with participation from Peak XV’s Surge and other angel investors. The Gurugram-based company had previously raised $2.5 million back in November 2023. The fresh proceeds will be allocated towards enhancing its proprietary technology platform, expanding market presence, optimizing operations, and elevating the overall experience for homeowners and guests, ELIVAAS said in a press release. Co-founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS is a tech-driven business specializing in villa and luxury apartment management which aims to transform the premium vacation rental market in India. The platform combines technology with hospitality to offer curated, high-end vacation experiences. It claims to have a portfolio of over 140 properties across premier leisure destinations including Goa, Delhi NCR, Rajasthan, Maharashtra, Himachal Pradesh, and Uttarakhand. ELIVAAS’s homeowner app offers real-time insights into bookings, reviews, and property maintenance, while the HK app automates check-in SOPs and simplifies property management. For guests, the platform provides an intuitive interface with advanced features like immersive 3D property tours, AI-driven chatbots, and hassle-free payment options.

ELIVAAS in talks to raise Rs 100 Cr in new round

EntrackrEntrackr · 3m ago
ELIVAAS in talks to raise Rs 100 Cr in new round
Medial

Vacation home rentals platform ELIVAAS is in the process of raising $10-12 million, sources familiar with the matter told Entrackr. The new discussion comes just six months after it secured $5 million in its Series A round. “ELIVAAS is in late-stage talks with new and existing investors to raise new money at around Rs 500 crore valuation,” said one of the sources requesting anonymity as talks are yet to be public. Sources emphasized that the talks have come on the back of ELIVAAS strong growth in revenue in the last fiscal year (FY25). Founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS provides luxury villas and premium apartments across popular destinations such as Kasol, Goa, Udaipur, Nainital, Shimla, Rishikesh, and others on rent. The two-year-old firm closed FY25 with more than threefold year-on-year growth in both revenue and gross booking value,” said another source who wished to remain anonymous. “Currently, the deal terms are under discussion, with a new investor likely to lead the round.” To be sure, the terms of the deal may still change at the last minute. Queries sent to ELIVAAS co-founder didn’t elicit any immediate response, while Peak XV has declined to offer comment on the story. ELIVAAS has raised $7.5 million to date, including a $5 million Series A led by 3one4 Capital with participation from Peak XV. Its $2.5 million seed round was led by Peak XV’s Surge, with backing from angel investors such as Kunal Shah, Mohit Gupta, Amit Lakhotia, Naveen Kukreja, and others. ELIVAAS has yet to disclose its FY25 numbers. However, as per startup data platform TheKredible, the company recorded a revenue of Rs 7 crore and a loss of Rs 10.4 crore for the fiscal year ended March 2024.

Lifetime Health raises $1.5 Mn in seed round

EntrackrEntrackr · 1y ago
Lifetime Health raises $1.5 Mn in seed round
Medial

Lifetime Health, a digital platform for at-home care, has secured $1.5 million in a seed round led by US-based venture capital firm The Garage Syndicate along with participation from other angel investors. The company had previously raised $900,000 in its last round from an existing investor. The fresh proceeds will be deployed towards further development, Lifetime Health said in a press release. Co-founded in 2023 by Konstantin Riabtsev, Michail Vorobiev and Nabil Ahmed, Lifetime Health is a digital platform for hospital-at-home care providing phlebotomy services, diagnostic tools, medical devices, nursing care, physiotherapy, and postoperative care all in one app. Its automated platform ensures fast, high-quality, and affordable service, from the client’s order to the nurse’s departure and results processing. Lifetime Health is currently operating in Bengaluru and its partner network includes 200 local clinics. It aims to reach major Indian cities and connect over 10,000 medical offices nationwide. intends to enable medical service orders at home for residents across Bangalore and its suburbs, and expand to Mumbai. The platform expects to have 1,000 doctors registered on the platform, with at least 300 of them becoming active users who can schedule appointments online, make appointments and recommendations, and maintain patient histories in digital format. The other startups in this space are Caresathome, CASAMED, Muse Diagnostic, Care24-India, and others.

Tenant experience platform, Aeria, raises $1.8 mn pre-seed round Led by Kalaari, Foundamental

ThehindubusinesslineThehindubusinessline · 1y ago
Tenant experience platform, Aeria, raises $1.8 mn pre-seed round Led by Kalaari, Foundamental
Medial

Singapore-based tenant experience and asset management platform, Aeria, has secured $1.8m in pre-seed funding to expand its presence in Southeast Asia, the Middle East, and other Asian countries. Aeria aims to transform office buildings into an experience by utilising technology and AI. The platform offers a range of solutions, including access and parking management, visitor management, complaint resolution, and community management. Aeria's analytics suite also helps developers and asset managers improve financial performance through data-driven decision-making. The funding reflects the growing demand for proptech solutions in the real estate sector.

Watch Your Health raises $5 Mn in Series A round

EntrackrEntrackr · 1y ago
Watch Your Health raises $5 Mn in Series A round
Medial

Health-tech startup Watch Your Health has raised $5 million in a Series A round co-led by Cornerstone Ventures and Singapore-based Conquest Global. The fresh funds will be used to scale its operations and expand the user base both domestically and internationally and enhancing the company’s technological infrastructure and platform capabilities, Watch Your Health said in a press release. Co-founded in 2015 by Ratheesh Nair, Abhitosh Pandey, Jay Patel, Prachi Shinde, Prasanth Prabhakaran and Ashok Nair, Watch Your Health serves in business to business (B2B) space and helps insurers, and pharmaceutical companies to enhance the experience and improve the engagement with their customers. The platform’s advanced analytics provides personalised recommendations for customers on how to improve health, guidance on diet management, appropriate exercise regimes, and suggests lifestyle changes. According to the Mumbai-based company, it aims to introduce electronic behaviour records, mental health support, advanced predictive analytics for disease prevention, chronic disease management and post hospitalisation care programs. Watch Your Health has partnered with several healthcare providers including Watania Takaful and Shalina Healthcare in the UAE to integrate their services into its platform. It competes with HealthifyMe, GOQii, Zyla, Vitality, Sanlam and others.

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