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House of Zelena raises Rs 7 Cr in Seed round

EntrackrEntrackr · 26d ago
House of Zelena raises Rs 7 Cr in Seed round
Medial

House of Zelena raises Rs 7 Cr in Seed round Mom-wear brand House of Zelena has raised Rs 7 crore ($800K) in a seed funding round co-led by Sprout Venture Partners and M Venture Partners, with participation from GSF and other angels. This round follows the company’s earlier angel round bringing the total fund raise to $1.2 million. The proceeds will be deployed towards strengthening supply chain capabilities, driving innovation across their various maternity apparel offerings, and deepening the brand’s mom-first ecosystem through community-building and technology integrations, House of Zelena said in a press release. Co-founded in 2022 by Hina Priyadarshini and Mayank Kamal, House of Zelena aims to redefine maternity and postpartum wear by designing from the mother’s perspective. Unlike baby-first brands, it focuses on women’s bodies, comfort, and their emotional journey. The brand has already introduced first-of-its-kind products such as postpartum sculptwear leggings, bump-friendly loungewear, and leakproof innerwear. Over the last two years, House of Zelena has built a thriving mom community of more than 2.5 lakh mothers across India and generated over 45 million monthly organic impressions across the brand’s website. “House of Zelena was born from that gap: to create clothing that adapts to women’s real needs, and an ecosystem that makes them feel supported, inside and out,” said Hina Priyadarshini, co-founder of HOZ. The brand is also preparing to expand its offline engagement through community events and its upcoming SafeToFeed café campaign. In September 2025, it will unveil a refreshed brand identity designed to deepen its connection with India’s growing mom community.

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Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 3m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits

EntrackrEntrackr · 5m ago
Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits
Medial

Innovist, the parent company of Bare Anatomy, has raised Rs 136 crore (approximately $16 million) in a Series B funding round led by ICICI Venture. The round saw participation from Mirabilis Investment Trust, Niveshaay Investment, and existing backer Sauce. The funding round includes both primary and secondary components and will be directed toward product development, business growth, and team expansion, the company said in a media release. In the round, the company provided exit to Accel, which came in via their seed program (atoms). Rohit Chawla, founder and CEO, said that Innovist is one of the fastest-growing BPC (beauty and personal care) firms in the country and aims to cross Rs 300 crore in revenue by FY25. While the company has not yet filed its annual statements for FY24, it reported operational revenue of Rs 36.53 crore in FY23, along with a loss of Rs 16.87 crore. Innovist, previously known as Onesto Labs, was founded in 2018 by Chawla, Sifat Khurana, and Vimal Bhola. The company provides personal care products and currently manages three brands: Bare Anatomy, Chemist at Play, and Sunscoop. To date, Innovist has raised over $26 million, including a $7 million Series A round led by the Amazon Smbhav Venture Fund. According to startup data platform TheKredible, prior to this round, Sauce.VC was the largest external stakeholder, followed by 72 Ventures, Accel India, and the Amazon Smbhav Fund. It competes with D2C beauty brands like Minimalist, Mamaearth, Wow Skin Science, and Sugar Cosmetics.

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