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FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures

EntrackrEntrackr · 2d ago
FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures
Medial

FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures Health-tech company FlexifyMe has raised Rs 20 crore ($2.4 million) in pre-Series A funding led by IvyCap Ventures with participation from Signal Ventures and existing investors. Previously, the company raised $1 million in a seed funding round led by Flipkart Ventures and featured on Shark Tank India Season 3, where it secured investment from Namita Thapar (Emcure). The fresh funds will be utilized to accelerate its hybrid care expansion (online and offline centers), the launch of advanced posture and gait analysis labs, and the strengthening of clinical research partnerships, FlexifyMe said in a press release. Co-founded in 2021 by Manjeet Singh and Amit Bhayani, FlexifyMe combines AI-driven posture and motion analysis with expert physiotherapy to identify the root causes of chronic musculoskeletal pain. By moving away from subjective, symptom-based care to data-driven, trackable interventions, the company helps reduce unnecessary procedures and improve long-term patient outcomes. “By combining technology, licensed physiotherapists and rigorous progress tracking, we are making the journey to a pain-free life scientific, objective and measurable. This funding allows us to scale these capabilities so millions can avoid unnecessary surgeries, return to the activities they love, and regain meaningful quality of life,” said Manjeet Singh, co-founder, FlexifyMe. The Pune-based platform provides live one-on-one sessions with certified instructors, personalized programs, and guided video sessions, drawing on a blend of traditional wisdom and cutting-edge technology. FlexifyMe says that it is already trusted by thousands of users across India and global markets. It works with enterprises, insurers, and healthcare ecosystems to deliver clinically validated outcomes.

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Celcius Logistics raises Rs 40 Cr in pre-Series B round

EntrackrEntrackr · 1y ago
Celcius Logistics raises Rs 40 Cr in pre-Series B round
Medial

Celcius Logistics, a domestic aggregator providing end-to-end cold-chain solutions, has secured Rs 40 crore ($4.8 million) in a pre-series B round, led by existing investor IvyCap Ventures. Other investors include ⁠Mumbai Angels and Caret Capital. The current round follows the Series A funding round of Rs 100 crore ($12 million) in April 2023 led by IvyCap Ventures. The fresh proceeds will be used to expand its footprint across its transportation management system (TMS) and warehouse management system (WMS), further strengthening its cold storage solution. It also aims to expand its reach in over 500 cities in the next one year and help manufacturers sell their perishable products. Founded by Swarup Bose, Celcius Logistics connects shippers and transporters and is a one-stop solution for all cold chain requirements, ensuring last mile and hyperlocal deliveries. The platform has already transported over four lakh tons of perishable cargo for dairy, pharma, fruits, seafood as well as fresh agricultural produce. Its clients include Zomato, Spicejet, Reliance Pharma, Maersk, Prabhat Dairy, Baskin Robbins, Vadilal, Domino’s, Keventers, and Godrej Agrovet among others. Currently, the platform claims to have 4,000 vehicles, 107 cold storage facilities, 27 distribution centres, and 200 hyperlocal riders across the country.

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures

EntrackrEntrackr · 1m ago
TurboHire raises $6 Mn in Series A round led by IvyCap Ventures
Medial

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures Enterprise recruitment automation platform TurboHire has raised $6 million in Series A funding led by IvyCap Ventures. Earlier in October 2023, TurboHire had raised $2 million in its pre-Series A round led by Pentathlon VC and The Chennai Angels. The Hyderabad-based startup will use the capital to accelerate global expansion, enhance product capabilities, and deepen its integration across HR tech ecosystems. Founded in 2019 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, TurboHire is transforming enterprise hiring through its AI-powered platform that combines Agentic AI, intelligent workflows, and easy HRMS connectivity. It supports end-to-end hiring processes across scenarios from high-volume hiring to leadership roles on a single, configurable interface. TurboHire operates on a B2B SaaS model, offering subscription-based access to its recruitment automation platform. It earns revenue from enterprises using its tools to streamline hiring, reduce time-to-hire, and improve recruitment efficiency. TurboHire counts over 120 enterprises among its clients, including Cipla, Tata Motors, PwC, Lenskart, Britannia, RPG Group, Motilal Oswal Group, and Ola (ANI Technologies). Its technology integrates with global HRMS platforms such as SAP SuccessFactors, Oracle HCM, and Workday.

Exclusive: Eggoz to raise Rs 125 Cr led by Gaja Capital

EntrackrEntrackr · 2m ago
Exclusive: Eggoz to raise Rs 125 Cr led by Gaja Capital
Medial

Eggoz, a consumer brand for eggs, is raising Rs 125 crore, approximately ($14.7 million) in its Series C round led by Gaja Capital with the participation of existing investors IvyCap Ventures and Redbright Partners. The board at Eggoz has passed a special resolution to issue 1 equity and 15,334 Series C preference shares at an issue price of Rs 81,511 each to raise Rs 125 crore or $14.7 million, its regulatory filing accessed from the Registrar of Companies (RoC) shows. Gaja Capital will spearhead the round with Rs 100 crore, while IvyCap Ventures and Redbright Partners will inject Rs 20.95 crore and Rs 4.05 crore, respectively. According to Entrackr’s estimates, the company will be valued at around Rs 480-500 crore or $55-58 million post-money. This marks a 60% increase in the valuation when compared to its last round. Founded in 2017 in Bihar by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz operates an asset-light, farmer-led model that ensures fresh eggs reach retailers within 24 hours. The brand has scaled its presence across Delhi-NCR, Bengaluru, Kolkata, Jaipur, Lucknow, and several non-metro cities. In a bid to diversify, Eggoz has also forayed into ready-to-cook offerings such as momos, burger patties, nuggets, and more. Eggoz has raised over $27 million in total funding so far. This includes an $8.8 million Series B round led by IvyCap Ventures. Before this, the company had secured $3.5 million in its Series A round and Rs 3.7 crore during its seed stage. The company has yet to file its FY25 numbers. Eggoz has recorded a 33.6% year-on-year increase in its revenue to Rs 73.1 crore in FY24, while the losses of the firm reduced by 24% to Rs 25 crore in the same period.

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