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HealthCRED raises $1.2 Mn in seed round

EntrackrEntrackr · 1y ago
HealthCRED raises $1.2 Mn in seed round
Medial

B2B healthcare financing startup HealthCRED has raised $1.2 million in its seed round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India. The round also saw participation from angel investors including Dr. Subho Ray (President, IAMAI), Nitin Gupta (CEO, Uni Cards), Amit Lakhotia (CEO, ParkPlus) and founders of InsuranceDekho and SEA-based Docquity. The proceeds will be used to enhance customer relationships and expand operations to the Southern and Western parts of the country. The firm will also hire fresh talents and develop B2B loan onboarding and loan management systems. Founded in 2022 by Shrey Jain and Arpit Jangir, HealthCRED provides swift, comprehensive, and adaptable financing solutions tailored for the healthcare sector. Delhi-based HealthCRED partners with hospitals, specialised healthcare service providers (HSPs across nephrology, oncology, and diagnostics), insurers, and pharmaceutical and consumable supply chain partners to deliver financing solutions.

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Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round

EntrackrEntrackr · 2m ago
Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round
Medial

Snippets Space tech startup Akashalabdhi raises $1.2 Mn in pre-seed round The proceeds will be used to develop ANTARIKSHAB, an expandable space habitat designed for orbital logistics, microgravity experiments, space habitation, and defense applications. Akashalabdhi, a space tech startup developing expandable space habitats and dual-use defense technologies, has raised $1.2 million in a pre-seed funding round from Uday Chatterjee, Romesh Sobti, Suraj Nalin, LVX, 1Crowd, and Riceberg Ventures. "Our vision is clear. We want to put India at the forefront of orbital infrastructure and space habitation by innovating dual-use technologies. The successful close of our pre-seed funding round is a significant milestone that brings us closer to this goal. With the support of our investors, we are one step closer to making ANTARIKSHAB a global reality,” said Siddharth Jena, Founder of Akashalabdhi. Incubated at FSID, Indian Institute of Science (IISc), and TIDES, IIT Roorkee, and supported by KickSky Accelerator, the company leverages research and mentorship to transform visionary concepts into scalable solutions.

Juice brand Alienkind raises $1.2 Mn in Seed round

EntrackrEntrackr · 7m ago
Juice brand Alienkind raises $1.2 Mn in Seed round
Medial

Juice brand Alienkind raises $1.2 Mn in Seed round Juice brand Alienkind has raised $1.2 million in a Seed funding round at a valuation of $10 million led by notable industry veterans, including Super.money founder Prakash Sikaria, Ravi Iyer, Arpan Sheth, and others. The proceeds will be utilized for its expansion and scale footprint across key metropolitan cities in India as part of its first phase of growth, Alienkind said in a press release. Co-founded in 2024 by Vikram Kakkireni and Abhishek Kumar, Alienkind is a next-generation juice bar that aims to empower the juice ecosystem. The brand aspires to become an extension of its consumers’ personalities, fostering a community that values authenticity and innovation. Since its launch, Alienkind states that it has quickly gained nationwide attention by redefining the Indian Quick Service Restaurant (QSR) segment with its unique value proposition, competitive pricing, and strategic brand positioning.

Truva, 4baseCare, two others secure early-stage funds

VCCircleVCCircle · 1y ago
Truva, 4baseCare, two others secure early-stage funds
Medial

On Monday, early-stage funds were secured by several startups including 4baseCare, Infinyte.Club, Truva, HealthCRED, and Haldèn. 4baseCare, an oncology solutions startup, raised $6 million in a Series A funding round to enhance its product offerings and scale up operations across Asia. Infinyte.Club, a wealth management platform, raised $3.6 million in a seed round to provide its members access to private company stocks. Truva, a real estate technology platform, secured $3 million to expand its team, enhance products, and raise debt for working capital. HealthCRED, a healthcare financing startup, raised undisclosed funds to address the working capital gap in hospitals. Haldèn, a luxury men's brand, raised Rs 5 crore to expand its product range.

Cautio raises $3 Mn in seed round led by Amal Parikh

EntrackrEntrackr · 3m ago
Cautio raises $3 Mn in seed round led by Amal Parikh
Medial

Snippets Cautio raises $3 Mn in seed round led by Amal Parikh AI-powered video telematics startup Cautio has raised $1.8 million in a new funding round led by Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, Venture Catalysts. This brings its total seed round to $3 million. In April, the startup had raised $1.2 million as part of the same round. The proceeds will be used to enhance its R&D capabilities, scale its AI systems, and expand deployment and servicing infrastructure across India. Founded by Ankit Acharya and Pranjal, Cautio provides AI-powered dashcams for fleet operators that offer real-time safety alerts to prevent road accidents. The platform is used in public transport, school buses, and commercial fleets, helping operators detect and respond to risks instantly. Cautio is currently active in 46 cities and has over 60 customers. It aims to make Indian roads safer by using predictive technology to reduce accident risks.

Startup news and updates: Daily roundup (August 12, 2024)

YourStoryYourStory · 1y ago
Startup news and updates: Daily roundup (August 12, 2024)
Medial

Mumbai-based luxury men's brand, Haldèn has raised Rs 5 crore in a seed funding round led by Prajay Advisors. Infinyte.Club, an investment platform, raised $3.6 million in seed funding led by Elevation Capital. AI-driven travel tech startup Ziptrrip secured Rs 2 crore in pre-seed funding. HealthCRED, a healthcare finance platform, raised $1.2 million in a seed funding round. Real estate technology platform Truva raised $3 million in seed funding. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Gupshup, a conversational experience cloud company, hired 20% more employees to meet demand. Adukale, a domestic snacks brand, received funding from NuVentures. US grocery conglomerate Hy-Vee opened an office in Bengaluru. Standard Chartered Bank named Aditya Mandloi as Head of Wealth and Retail Banking in India and South Asia. Asset management firm Pace360 launched a new PMS strategy called Tresor Smart Alpha. KL Rahul invested in AI-powered mixed-reality publishing platform Flam. Karan Johar joined the Fashion Entrepreneur Fund as investor and promoter. CARS24 launched a super app offering various car-related services. T-Hub selected 20 startups for its sustainability cohort. Former India cricket captain Sourav Ganguly joined the board of consulting firm Blue Ocean Corporation as Non-Executive Director.

Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital

EntrackrEntrackr · 7d ago
Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital
Medial

Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital The funds will be used to enhance its healthcare communication platform and support expansion into the United States market. Pype AI, an AI front desk platform for hospitals and clinics, has raised $1.2 million in a pre-seed round led by Kalaari Capital with participation from Wyser Capital and Tenity. The funds will be used to enhance its healthcare communication platform and support expansion into the United States market. Founded in 2024 by Dhruv Mehra and Ashish Tripathy, Pype AI builds voice-based AI agents that automate tasks such as appointment scheduling, follow-ups, treatment preparation, and round-the-clock support. Trained on medical conversational datasets, the agents aim to deliver accurate and empathetic patient interactions. The company has also built Whispey, an open-source observability platform with more than 40 evaluations to ensure compliance and performance. Through integrations with hospital electronic medical records, Pype AI reduces missed appointments, lowers operational costs, and improves patient retention. Pype AI is live in several Indian healthcare facilities and claims to automate more than 85 percent of patient queries. It is integrating with Zocdoc, Epic, and Cerner while onboarding United States-based clinic networks. The startup plans to reach more than 50 hospitals and clinic chains by mid-2026 and is working with medical experts to publish research on AI-driven improvements in patient adherence.

Stackbox raises $4 Mn led by Enrission India Capital

EntrackrEntrackr · 20d ago
Stackbox raises $4 Mn led by Enrission India Capital
Medial

Logistics tech startup Stackbox has raised $4 million in a fresh funding round led by Enrission India Capital. The latest investment will help Stackbox accelerate its product innovation and expand across Southeast Asia while strengthening its footprint in India. The Mumbai-based startup, founded by IIT alumni Sabyasachi, Shanmukha, Venktesh, and Nitin, leverages deep-tech solutions including its AI-powered Warehouse Management System and Transportation Management System to streamline operations in sectors such as FMCG, manufacturing, and e-commerce. Backed by a team with proven expertise in supply chain management and enterprise software, Stackbox has attracted clients among leading FMCG and manufacturing companies seeking efficiency and scalability. Stackbox’s founders said that the funding enables them to “build the digital backbone of tomorrow’s logistics,” supporting intelligent processes from warehouse to last-mile delivery. According to startup data intelligence platform TheKredible, Stackbox has raised over $2 million, including a $1.2 million seed round led by Ecosystem Ventures in August 2021. For the fiscal year ended March 2024, the Bengaluru-based company posted a profit of Rs 6 crore on operating revenue of Rs 25.7 crore.

Zivy raises $1.2 Mn in pre seed round

EntrackrEntrackr · 1y ago
Zivy raises $1.2 Mn in pre seed round
Medial

Zivy, an AI tool for prioritizing workplace messages and tasks, has raised $1.2 million in a pre-seed funding round co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures. The round also saw participation from angel investors such as Ashwin Bhatnagar, Anand Balaji, Razorpay co-founder Harshil Mathur & Shashank Kumar and Kunal Shah. The proceeds will be allocated towards its product development and expanding its R&D team, Zivy said in a press release. Co-founded in 2023 by Prashanth YV and Vivek Karna, Zivy aims to build a personalized copilot for managers and leads, that helps them stay organized and manage their work more effectively. The platform weeds out the hassles of constant barrage of notifications that can be a significant drain on productivity. It envisions that the key to building high-performing teams lies in making managers more productive. According to Zivy, its initial release integrates directly with Slack, analyzing the context of conversations and tasks. It ensures that only the most urgent and relevant information rises to the top, helping managers stay focused and productive by intelligently categorizing and prioritizing messages.

Cancrie raises $1.2 Mn in seed funding round

EntrackrEntrackr · 10m ago
Cancrie raises $1.2 Mn in seed funding round
Medial

Cancrie, a startup focused on advanced nanocarbon materials for energy storage, has raised $1.2 million in a seed funding round co-led by Roots Ventures and IIMA Ventures. The fund will be used to scale production, accelerate research and development, and forge strategic partnerships to integrate its advanced nanocarbon materials into next-generation energy storage devices. Co-founded in 2020 by Akshay Jain and Mahi Singh, Cancrie specializes in developing advanced carbon materials for energy storage devices, focusing on sustainability and performance. Its patented technology produces high-quality carbons designed to enhance battery performance across various chemistries, including lead-acid, lithium-ion, sodium-ion, redox flow batteries, and supercapacitors. The Jaipur-based company aims to create superior energy storage solutions using renewable resources while maintaining affordability and achieving net-zero emissions. By optimizing material specifications, Cancrie enhances electrochemical reactions, reduces internal resistance, and increases the utilization of active material by up to 14%. This helps mitigate e-waste.

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