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Frex raises Rs 9.5 Cr led by Zeropearl VC and White Venture Capital

EntrackrEntrackr · 10d ago
Frex raises Rs 9.5 Cr led by Zeropearl VC and White Venture Capital
Medial

Peer-to-peer payments platform Frex has raised Rs 9.5 crore in a pre-seed funding round co-led by Zeropearl VC and White Venture Capital, with participation from a group of strategic angels including Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra of Urban Company, Pradeep Parameswaran, CRED founder Kunal Shah, and Rishabh Goel. The proceeds will be used to expand its on- and off-ramp infrastructure across North America and India, strengthen the compliance and regulatory stack across key corridors, scale engineering and ledger systems, and accelerate go-to-market efforts within NRI and migrant worker communities, Frex said in a press release. Co-founded this year by Aditya Varma, Himanshu Arora and Nikhil Shanker, Frex is a peer-to-peer money transfer platform that offers instant, low-cost cross-border payments. The platform delivers better-than-mid-market rates with near-instant settlement across key corridors and transparent pricing. It combines modern blockchain infrastructure with strict compliance and local banking integrations to make global money movement simple, fast and affordable. Frex aims to make cross-border money movement as seamless and affordable as domestic digital payments. It enables immigrants and global workers to send money home instantly and at ultra-low cost. The Gurugram-based startup addresses bottlenecks such as transfers that take days to process, a lack of pricing transparency, and fees along with forex mark-ups ranging from one to five percent. The platform intends to position itself as a modern alternative to traditional remittance channels, which are often slow, expensive and opaque. Since its launch in November, Frex claims it has seen rising transaction volumes and rapid adoption among immigrant communities, and the company expects to cross $1 million in monthly transfers within the next two to three months. It may directly or indirectly compete with other startups in this space, such as Wise, Remitly and Xoom.

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

EntrackrEntrackr · 6m 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 — 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 — 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.

ONYA raises pre-seed round led by Zeropearl VC

EntrackrEntrackr · 22d ago
ONYA raises pre-seed round led by Zeropearl VC
Medial

ONYA raises pre-seed round led by Zeropearl VC Lab-grown diamond jewellery brand ONYA has raised Rs 5.5 crore in a pre-seed funding round led by Zeropearl VC along with participation from angel investors including MyGate founders Vijay Arishetty, Abhishek Kumar, Shreyans Daga, Rohit Jindal, Amal Mishra, and Alkendra Pratap Singh. The fresh capital will be used to accelerate its offline retail expansion across major Indian cities, ONYA said in a press release. Co-founded in 2024 by Himani Yadav and Gaurav Choudhary, ONYA operates as a retailer of lab-grown diamond jewellery that aims to make sustainable, high-quality diamond jewellery accessible and to promote "everyday elegance" with its contemporary designs. The brand focuses on lab-grown diamonds, offering customization and a knowledge hub, and is positioned as a modern, conscious luxury brand. According to the Bengaluru-based startup, it is committed to redefining value in fine jewellery by providing higher brilliance at approximately 20% of the cost of natural diamonds, backed by a Lifetime Exchange and Buyback promise. “ONYA didn’t begin as a business idea — it began with a personal moment. My engagement ring was a lab-grown diamond long before the category became mainstream, and that experience made me realize how many people felt priced out of meaningful jewellery,” said Himani Yadav, co-founder of ONYA. Within 11 months, ONYA claims to have expanded to four profitable high-street stores in Bengaluru, achieving a monthly revenue run rate of Rs 2 crore. It plans to expand its product lines, open more customer-first experience stores, and deepen its connection with India’s growing base of conscious luxury consumers.

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC

EntrackrEntrackr · 3m ago
Supply6 raises $1.1 Mn in seed round led by Zeropearl VC
Medial

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC Supply6, a direct-to-consumer nutrition brand focused on filling daily nutrient gaps, has raised $1.1 million (Rs 9.1 crore) in a seed round led by Zeropearl VC, with participation from entrepreneurs including Kunal Shah, Ashutosh Valani, Priyank Shah (Co-founders, Renee Cosmetics), and Yogesh Kabra (Founder, XYXX). The fresh funds will be used to expand the product pipeline, conduct clinical studies, launch new formats, and scale selectively in GCC and English-speaking markets. Supply6 also plans to strengthen leadership roles across growth, strategy, and product. Founded in 2020 by Vaibhav Bhandari and Rahul Jacob, Supply6 develops science-backed products built on the six fundamentals of balanced nutrition—protein, carbs, fats, fibre, vitamins, and minerals. Its flagship Supply6 360 sachet combines over 63 nutrients, probiotics, and plant-based superfoods to address hidden deficiencies common in Indian diets. The company recently launched Supply6 Salts, a zero-sugar hydration mix. Supply6 sells its nutrition solutions directly to consumers through its website, leading marketplaces like Amazon and Flipkart, and quick-commerce platforms such as Blinkit, Zepto, and Instamart. With over 2 lakh customers and ex-cricketer AB de Villiers as brand ambassador, the firm is building a strong repeat-purchase base (45%) while expanding reach into preventive health markets abroad. The startup has previously raised Rs 10 crore in funding and received a Rs 25 lakh grant from the Karnataka government.

Cura Care Raises Rs 5 Cr in pre-Seed round led by Zeropearl VC

EntrackrEntrackr · 8m ago
Cura Care Raises Rs 5 Cr in pre-Seed round led by Zeropearl VC
Medial

At-home wellness services brand Cura Care has raised Rs 5 crore in a pre-seed funding round led by Zeropearl VC, with participation from friends, family, and notable angel investors, including Shripad Nadkarni and the late Rohan Mirchandani. The fresh funds will be used to validate its product-market fit and enhance its customer promise by delivering exceptional at-home wellness experiences, Cura Care said in a press release. Co-founded in January 2025 by Abhinav Kumar, Chinmay Mittal, and Paminder Singh, Cura Care aims to empower oral hygiene in India. The company aims to address the pressing issues surrounding oral health in India, where over 120 crore people are affected by poor oral hygiene. Cura Care aspires to integrate oral wellness into the daily self-care routines of Indians, providing a booking experience and service quality. The company offers premium at-home services like teeth cleaning, scaling, polishing, and whitening, delivered by DCI-certified dentists using customized portable dental units. This model prioritizes hygiene, safety, and convenience for customers. Since its launch, Cura Care claims that it has already served over 1,000 customers through at-home visits and oral wellness camps. The startup boasts an impressive Net Promoter Score (NPS) of over 90% and an average customer rating of 4.87.

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