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Flowatt raises pre-seed round led by PedalStart

EntrackrEntrackr · 3h ago
Flowatt raises pre-seed round led by PedalStart
Medial

Bengaluru-based battery deeptech startup Flowatt Battery Science has raised Rs 2.2 crore in a pre-seed funding round led by PedalStart. The fresh capital will be directed towards technology optimization and completing the proof of concept (POC) of its electric battery design, building strategic alliances with insurers, EV financiers, OEMs, and other key ecosystem stakeholders, and onboarding talent across tech, business development, and operations, Flowatt said in a press release. Co-founded in 2023 by Siddhartha Srivastava, Bikesh Jha, and Vikash Singh, Flowatt leverages IoT-enabled tracking and data analytics along with predictive maintenance and asset management to optimize battery performance and cost efficiency for last-mile delivery fleets. It aims to transform the electric vehicle (EV)-based logistics fleet management landscape in India. Flowatt says that it lowers the upfront EV battery purchase costs for fleet operators with a pay-per-use Battery-as-a-Service (BaaS) model, while simultaneously enabling them to reduce downtime and improve margins with a predictable, fuel-like subscription advantage. The startup is currently focused on powering commercial mobility fleets for the e-commerce and quick-commerce segments. Flowatt claims that it has gained early traction, scaling its flagship BaaS model to nearly 1,500 batteries across multiple Indian cities to date. The startup aims to deploy over 20,000 high-performance batteries under its BaaS offering, achieve over Rs 2.5 crore in monthly recurring revenue (MRR), and expand to over 15 cities across Tier 1 and Tier 2 India by the end of FY 2026–27. “As India accelerates towards large-scale electrification, Flowatt is solving one of the most pressing challenges in the nation’s EV ecosystem today — the economics of battery adoption. By shifting batteries from being a capital-heavy purchase to a flexible service offering, they are removing the biggest pain points in commercial EV adoption,” said Manas Pal and Aditya Darolia, co-founders, PedalStart.

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ApClub raises Rs 2 Cr in pre-seed round led by Curefit Healthcare and PedalStart

EntrackrEntrackr · 2m ago
ApClub raises Rs 2 Cr in pre-seed round led by Curefit Healthcare and PedalStart
Medial

Snippets ApClub raises Rs 2 Cr in pre-seed round led by Curefit Healthcare Bengaluru-based fitness startup ApClub has raised Rs 2 crore in its maiden pre-seed funding round led by Curefit Healthcare, with participation from startup accelerator PedalStart and select angel investors. The proceeds will be used to scale operations, expand its team, and diversify its doorstep fitness offerings. The capital will also support the firm to launch new wellness formats like group classes and sports coaching for children and adults. ApClub also aims to build long-term offerings such as managing apartment clubhouses and gyms. Founded in October 2023, ApClub offers personalised fitness and wellness services at users’ homes or within housing complexes, including strength training, yoga, weight loss programs, Pilates, and more. It currently operates in over 40 apartment communities across Bengaluru and has served nearly 500 customers to date. The startup runs through a web-based platform and plans to launch its mobile app by the second half of 2025. The startup is targeting $1 million in ARR by 2026 and intends to expand into other metro and tier-I cities beyond Bengaluru. ApClub competes in the broader urban wellness market where convenience, customisation, and offline reach are becoming core differentiators.

F&B startup Nuvie raises $450K in pre seed round led by PedalStart

EntrackrEntrackr · 4m ago
F&B startup Nuvie raises $450K in pre seed round led by PedalStart
Medial

Snippets F&B startup Nuvie raises $450K in pre seed round led by PedalStart F&B startup Nuvie has raised $450K (about Rs 3.8 crore) in its maiden pre seed funding round led by startup accelerator PedalStart, along with participation from Mukesh Bansal (founder of Myntra, Cult.fit, and Nurix), Ayyappan R, Chanakya Gupta, and Arun Sharma. The proceeds will be allocated towards new product development, brand building initiatives, content creation, expanding distribution, and unlocking growth opportunities. Co founded in May 2024 by Prashant Paliwal and Hem Narayan, Nuvie aims to redefine healthy eating in India with “better for you” products such as improved milkshakes and chocolates that make wellness enjoyable and accessible. Its approach is to break the stigma and seriousness often associated with health, making it feel effortless, enjoyable, and part of a natural lifestyle. Having launched its lactose free Ready to Drink Protein Shake in three flavours, it is now introducing five new shake variants. The product pipeline also includes innovative offerings like a protein chocolate bar, a healthier spin on traditional chocolates, and protein infused cold coffee, or “Proffee.” Nuvie says it has expanded its footprint and is now available in more than 100 premium retail stores across major metros like Delhi, Mumbai, Hyderabad, and Chennai. Its products are also present in over 200 gyms and are reaching customers nationwide through key quick commerce platforms such as Blinkit, Instamart, and BigBasket. The brand is focused on scaling its online presence via its own website and quick commerce channels. The Bengaluru based startup claims to have seen strong early traction, clocking over Rs 10 lakh in monthly revenue from its very first month of launch. It is now aiming to close CY 2025 at an ARR of Rs 10 crore.

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