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Foodtech startup Mealawe raises $1 Mn in new round

EntrackrEntrackr · 5m ago
Foodtech startup Mealawe raises $1 Mn in new round
Medial

Foodtech startup Mealawe has raised $1 million in funding from a mix of Foreign Direct Investment (FDI), a network of Shark Tank founders, and angel investors associated with companies such as Goldman Sachs and Oracle. The new capital will be used to scale operations by expanding women-led kitchens, strengthening corporate cafeteria solutions, and deepening partnerships for organic ingredient sourcing. Founded by Rupesh Kumar, along with co-founders Pratap Haldar and Nikhil Jain, Mealawe began as a platform connecting home chefs with customers, providing nutritious, homemade-style meals. As it scales, Mealawe is integrating home chefs and women from the workforce into a structured kitchen model, creating economic opportunities while maintaining the essence of homemade food. To ensure high-quality, nutritious meals, Mealawe directly sources organic kitchen essentials such as bilona ghee, wood-pressed oils, and organic masalas by partnering with farmers, ensuring both better food quality and sustainable agricultural practices. Beyond meal delivery, Mealawe has developed a corporate cafeteria management platform that allows businesses to provide high-quality meals without operational complexities. For smaller companies that lack physical cafeteria spaces, Mealawe offers a virtual cafeteria solution, ensuring seamless meal access for employees. Since its launch in October 2022, Mealawe claims to have grown rapidly, delivering over 30,000 meals monthly. Currently operational in Pune, Bengaluru, Mumbai, and Kota, Mealawe is steadily building a nationwide presence. The firm plans expansion into 14 cities over the next 10-12 months, with a target of delivering 1 million meals per month.

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JustDeliveries raises $1 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
JustDeliveries raises $1 Mn in pre-Series A round
Medial

Logistics solutions for perishables JustDeliveries has raised $1 million in its pre-Series A round led by Nabventures. Faad Network, Anay Ventures, Caret Capital and Mahansaria Family Office have also participated in the round. The proceeds will be used to deepen its logistics network across regions including Bengaluru, Mumbai, Pune and the national capital region, the company said in a press release. It will also launch operations in Hyderabad. Within the next 3-4 years, JustDeliveries plans to extend its presence to 8-10 cities across India. Founded in 2022 by Mahansaria, JustDeliveries solves the challenges of fragmented cold supply chain for perishables and works with leading QSRs, café chains, and brands with fresh and frozen products. Nabventures, a subsidiary of the Indian government’s National Bank for Agriculture and Rural Development (Nabard) invests in agritech, foodtech, rural fintech, healthtech and edtech startups. Its other investments include Unnati, Jai Kisan and TenderCuts in the food and agricultural space.

ClickPost raises $6 Mn in Series A round

EntrackrEntrackr · 1y ago
ClickPost raises $6 Mn in Series A round
Medial

Shipping intelligence platform ClickPost has raised $6 million in its Series A round led by Inflexor Ventures Partners and Athera Venture Partners. The round also saw participation from Riverwalk Holdings and an existing investor Rebright Partners. Previously, the startup had raised an undisclosed amount in seed round in April 2020. The funding will be used for launching new AI-driven modules, global growth and hiring, the company said in a press release. Initially launched as a developer tool to help engineers integrate with courier APIs, ClickPost pivoted to provide a post-purchase experience platform for brands. Founded by Naman Vijay, ClickPost is an all-in-one logistics management platform that provides everything from accurate delivery dates in the pre-purchase journey to multi-carrier integration, tracking visibility, returns and exchange management, and omnichannel enablement. The firm said that it has helped large fashion retailers convert more than 35% of their returns to exchanges, and has helped others improve shipping NPS by upto 40%. The startup claims to have tracked more than 1 million shipments daily, and is aiming to grow 5x in the next 2 years. Over 300 eterprises across India, North America, APAC, and the Middle East use ClickPost.

Metadome.ai raises $6.5 Mn led by Siana Capital and Chiratae

EntrackrEntrackr · 11m ago
Metadome.ai raises $6.5 Mn led by Siana Capital and Chiratae
Medial

Extended reality (XR) startup Metadome.ai (formerly Adloid) has raised $6.5 million in Series A funding in an equity and debt round led by Siana Capita and existing investor Chiratae Ventures. New investors Alteria Capital, 3to-1 Capital, and Manish Choksi’s family office also joined the new round. The company plans to use the investment to expand its business to new regions and develop capabilities to provide advanced XR technologies merged with advancements in AI, Metadome.ai said in a press release. With this backing, Metadome.ai aims to strengthen its presence in the US, SE Asia, and the Middle East regions. In December 2021, the Gurugram-based startup raised $4 million in its pre-Series A round led by Chiratae. Founded in 2016 by Kanav Singla and Shorya Mahajan, Metadome specializes in sales enablement using virtual reality (VR) and augmented reality (AR) solutions in home decor, e-commerce, and mobility. It works with Hewlett Packard (HP), Tata Motors, Hero MotoCorp, Asian Paints, and others. Since its inception in 2018, Metadome.ai has been growing organically and its customer base has more than doubled since last year, said the firm in the release. Recently, Metadome partnered with Hippo Homes to introduce a virtual reality experience at its new store in Greater Noida where customers can explore home improvement solutions. According to Statista, the XR industry has been managing significant interest from investors globally. As per the report, the space attracted an investment of $1.9 billion, outlining the importance of 3D, AR, and VR in improving the customer buying and post-sales cycle. The company is also part of NVIDIA’s Inception and Google Startup programs. SmartVizX, Liminal, Embright Infotech, Scapic, and GMetri are some of the emerging companies from the extended reality space in India.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

SaaS startup Infurnia raises $1.2 Mn in angel round

EntrackrEntrackr · 1y ago
SaaS startup Infurnia raises $1.2 Mn in angel round
Medial

Infurnia, cloud-native architecture design software startup, has raised $1.2 million in an angel round led by Yogesh Chaudhary, existing investor and owner of Jaipur Rugs. This brings Infurnia’s total angel fundraising to $4.9 million across multiple rounds since its inception. Back in September 2020, the Bengaluru-based startup had raised $240K funding from angel investors including Pallav Nadhani, founder of FusionCharts in. Founded in 2014 by Nikhil Kumar and Lovepreet Mann, Infurnia offers a cloud-based platform for professionals to design buildings, interiors, and modular kitchens. The startup claims to have significantly expanded its client base, adding over 600 clients and reaching $1 million in annual recurring revenue (ARR). Infurnia’s clients base includes LivSpace, Hometown, Purvankara, and Urban Ladder.

Sports-tech startup Spolto raises $1 Mn in seed round

EntrackrEntrackr · 10m ago
Sports-tech startup Spolto raises $1 Mn in seed round
Medial

Sports-tech startup Spolto has raised $1 million (nearly Rs 8.4 crore) in a seed round led by Andrew Johnston and others. The proceeds will be deployed towards scaling its services and reaching more urban communities, Spolto said in a press-release. Co-founded in 2021 by Safa Soltani and Divesh Nathani, Spolto aims to empower sports across urban India. The platform offers access to a wide array of sports, from tennis and swimming to badminton and gymnastics, it is also offering new-age games like pickleball. The startup aspires to foster grassroots sports development and recreational skill-building, making sports an integral part of everyday life for urban Indians. According to Spolto, it is about to enhance its digital presence, addressing the needs of the new-age Indian consumer. With a focus on accessibility and convenience, it intends to become the go-to platform for sports skill development in India’s urban centers. The Pune-based company claims that it has established partnerships with over 1,200 coaches and academies across 12 sports in Maharashtra since inception.

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