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HeyoPhone raised $500K in angel funding round

Startup News FYIStartup News FYI ยท 1y ago
HeyoPhone raised $500K in angel funding round
Medial

Delhi-based smart communication app HeyoPhone has secured $500K in angel funding from notable investors, including Aakash Chaudhry from Aakash Educational Services, Amit Chaudhary of Lenskart, and Dinesh Gupta, co-founder of Busy Accounting. HeyoPhone offers a user-friendly solution for streamlined business communication, featuring a unified smart number for seamless interactions. The startup aligns with the ONDC framework, contributing to the digitization journey of small enterprises. Since its establishment in 2023, HeyoPhone has achieved rapid growth, surpassing 100,000 KYCs and acquiring over 10,000 paid users. It is strengthened by its association with MyOperator, a leading cloud communications provider in India.

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Gut wellness brand Lifechart raises $500K in seed round

EntrackrEntrackr ยท 9m ago
Gut wellness brand Lifechart raises $500K in seed round
Medial

Lifechart, a gut wellness brand, has successfully raised $500,000 in a seed funding round. Prajay Advisors LLP contributed $250,000, while the remaining amount came from Agility Ventures, Expert Dojo, and a group of angel investors, including Ahana Gautam, Nitish Mittersain, Sarath Sura, and Marwari Angels, through convertible instruments. Previously, Lifechart secured $200,000 in a pre-seed round in 2022 from Expert Dojo and Nazara Technologiesโ€™ Nitish Mittersain. The new funding will enhance Lifechartโ€™s AI capabilities, launch proprietary diagnostic solutions, and develop a brand focused on tier 1 cities, the company said in a press release. Co-founded in 2022 by Mukul Shah and Mansi Sharma, Lifechart aims to tackle the increasing gut health issues in India by offering AI-driven predictive technology and products created by BAMS and BHMS doctors. The brand plans to introduce plant-based microbiome-focused products and comprehensive wellness kits targeting common gut issues like constipation, fatty liver, piles, gas, and acidity. With market research indicating the global gut health market could reach $18 billion by 2025-26, Lifechartโ€™s initiatives position it to capture a significant share. Their predictive AI model aims to tailor services based on demographic and regional health patterns, having already impacted over 250,000 customers primarily in tier II, III, and IV cities.

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