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Healthtech startup CURAPOD raises Rs 20 Cr in pre-Series A round

EntrackrEntrackr · 10h ago
Healthtech startup CURAPOD raises Rs 20 Cr in pre-Series A round
Medial

Healthtech startup CURAPOD has raised Rs 20 crore (around $2.2 million) in a pre-Series A round led by V3 Ventures, 3i Partners, and Ideaspring Capital. CURAPOD is backed by Litemed. The fresh capital will be used to accelerate research and development, enhance its device and companion app, scale manufacturing, and expand go-to-market efforts. It also plans to strengthen its direct-to-consumer presence, expand partnerships with gyms, physiotherapy centres, and sports medicine networks, and improve operational efficiencies. Founded in 2022 by Sri Velliyur and Surya Maguluri, CURAPOD develops wearable, non-invasive pain management devices focused on musculoskeletal conditions. The brand’s device uses photobiomodulation therapy and is designed to address conditions such as back pain, neck pain, knee pain, joint disorders, muscle stiffness, and sports-related injuries. The device is FDA-registered and supports more than 30 musculoskeletal conditions, offering a drug-free alternative to conventional pain management methods. The firm follows a clinician-led adoption model and is expanding its footprint across India.

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ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia

EntrackrEntrackr · 1y ago
ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia
Medial

ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia Healthtech startup ErlySign has raised Rs 16 crore ($1.8 million) in its pre-Series A round from Ashish Kacholia. The proceeds will be used in clinical trials, securing CDSCO (Central Drugs Standard Control Organisation) approvals, and bringing ErlySign’s oral cancer detection kit to market. Founded in 2019 by Shubhendra Singh Thakur and Deovrat Begde, ErlySign develops solutions for early detection of oral cancer. The startup also claims to offer India’s first salivary biomarker-based test which can identify pre-cancerous conditions much before visible symptoms emerge. Looking ahead, ErlySign plans to use CRISPR miRNA-based testing technology to detect multiple types of cancer using the same saliva sample within 15–20 minutes.

Healthtech startup Docplix raises Rs 1.2 Cr in bridge round

EntrackrEntrackr · 1y ago
Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
Medial

Healthtech startup Docplix has raised Rs 1.2 crore in its bridge round led by Inflection Point Ventures. Earlier in March this year, DocPlix had raised Rs 5 crore in its pre-Series A round led by Eris Lifesciences with the participation of other angel investors. In February 2022, it raised Rs 1.2 crore in seed round. The fresh proceeds will be used for product development, AI integration, and market expansion, Docplix said in a press release. This will involve enhancing its EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding its market reach. Founded by Varun Garg, Aayush Garg, DocPlix’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics. Additionally, innovative visualization tools make patient data easy to understand, enhancing patient care and clinic efficiency. The startup claims to serve over 2,000 doctors, extending its reach through programs and remote clinics in tier-II and tier-III cities to address healthcare needs in underserved areas.

ProcMart raises Rs 25 Cr in pre-Series B round

EntrackrEntrackr · 1y ago
ProcMart raises Rs 25 Cr in pre-Series B round
Medial

Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India. The board at ProcMart has issued 5,933 pre-series B CCPS at an issue price of Rs 42,127 each to raise Rs 25 crore, its regulatory filing soured from the RoC shows. Previously, the startup had raised $10 million in its Series A round led by Sixth Sense Ventures in November 2022. Following the fresh proceeds, Sixth Sense became the largest external stakeholder with 30% stake in ProcMart while its founder and chief executive officer Anish Popli will command 41.76% of the company. As per the startup data intelligence platform TheKredible, the latest capital injection has been done at a valuation, which is Rs 275 crore. Founded in 2015 by Anish Popli, the IndiaMART-backed startup provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalogue management and market intelligence. ProcMart’s clients include Colgate, Mondelez, Harman, and Vedanta. It has 13 offices in India and one in Malaysia. The company also launched white-label in 2022 to provide construction equipment. The Noida-based company recently announced a strategic collaboration with local vendors in the biomass briquettes and pellets manufacturing sector. It competes with Lightspeed Ventures-backed Udaan in the B2B supply chain space.

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

EntrackrEntrackr · 1y ago
Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round
Medial

Sportstech startup Stupa Sports Analytics has raised Rs 28 crore in its pre-Series A round led by Centre Court Capital and PeerCapital. Earlier to this pre-Series A round, Stupa had raised Rs 7.5 crore in seed and pre-seed funding. The proceeds will be used to fuel its talent acquisition, global expansion, and product enhancement initiatives. The latest fund pool will also be deployed to attract top AI/ML and engineering talent to build advanced solutions. The fund will also power Stupa’s ambitions to expand globally into markets like the US, UK, Australia, and the Middle East while expanding its existing presence in regions like Europe and Asia. Founded by Megha Gambhir, Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions for advanced analytics of player performance data, broadcasting capabilities and sports digitization tools for athletes, sports federations, broadcasters and fan communities worldwide. Stupa claims to have established over 15 strategic partnerships with key governing bodies and sports federations, primarily in Europe.

Feline Spirits raises Rs 5.2 Cr in pre-Series A round led by IPV

EntrackrEntrackr · 9m ago
Feline Spirits raises Rs 5.2 Cr in pre-Series A round led by IPV
Medial

Feline Spirits raises Rs 5.2 Cr in pre-Series A round led by IPV Craft alcoholic beverage startup Feline Spirits has raised Rs 5.2 crore in a pre-Series A funding round led by Inflection Point Ventures (IPV). The proceeds will be used to expand the company’s portfolio and enter new markets. Founded by Prabhat Sharma and Rohit Saxena, Feline Spirits focuses on handcrafted vodka, whisky, and brandy in the premium and mass-premium segments, using authentic ingredients and transparent distilling practices. Feline Spirits is currently operational across eight states and union territories, with a customer base of over 20 lakh. In FY25, the brand claims to sell more than 4.1 lakh bottles (19,751 cases), generating Rs 25 crore in sales revenue. It has secured operating licenses in eight markets, including five government-owned and operated ones. With a gross profit margin of 55% in the premium segment, the platform aims to bridge the gap between low-quality mass-market products and high-priced international brands by offering affordable, premium spirits. According to market research, India’s spirits market is projected to reach $31 billion in 2024, growing at a CAGR of 6.51% through 2028. Globally, the market is expected to grow from $1.4 trillion in 2022 to $2 trillion by 2027.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 6m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

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