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Lissun providing mental, emotional health solutions raises $1.3M led by IPV, Rainmatter, others

IndianStartupNewsIndianStartupNews · 1y ago
Lissun providing mental, emotional health solutions raises $1.3M led by IPV, Rainmatter, others
Medial

Gurgaon-based startup Lissun, specializing in mental and emotional health solutions, secured $1.3 million in seed funding, led by Inflection Point Ventures and Rainmatter Capital, a Zerodha subsidiary. Existing investors IvyCap Ventures, WFC, Growx Ventures, and angel investors also participated. Lissun will use the funds to enhance technology, expand services, and establish partnerships with healthcare institutions. Founded in 2021, Lissun offers tech-enabled mental health solutions, including therapy and guidance. They aim to address mental health challenges at scale, with over 15,000 paying customers and 30,000 therapy sessions conducted in 30 Indian cities.

Varco Leg Care raises $500K in Seed funding

EntrackrEntrackr · 1y ago
Varco Leg Care raises $500K in Seed funding
Medial

Delhi-based leg care brand Varco Leg Care has raised $500,000 (over Rs 4.5 crore) in Seed funding round led by Sunicon Maiden Fund, an early-stage venture fund curated by Sunicon Ventures. Prior to this, Varco Leg Care had raised a cumulative Rs 3.1 crore ($370,000) through its previous funding rounds. According to the company, its valuation has grown by 2x in the past 10 months. However, it did not disclose the numbers. Varco Leg Care will be utilizing the capital to strategically bolster capabilities across various fronts, which include enhancing offline touchpoints, advancing research and development (R&D) initiatives, and scaling and optimizing marketing efforts. Varco Leg Care aims to revolutionise leg health management by leveraging technology and clinical expertise. The firm has created a wide range of leg care products that address the end-to-end leg health needs of customers worldwide targeting health issues like varicose veins, diabetic foot, foot ulcer, and restless leg syndrome, among others. As per the company, it saw 110% increase in the brand’s revenue over the past year. Since its inception in 2022, Varco claims to have served more than 5 lakh customers, and expanded its presence to more than 3,000 medical stores across Mumbai, Bangalore, Delhi, and other Indian cities. Varco’s products are available at organised retail outlets such as Guardian Pharmacy, Noble Plus, Wellness Forever, and others. On the online front, it sells its products through its own website, as well as via marketplaces like Amazon, Flipkart, 1mg, and others.

Medial raises $500K in pre-Series A led by OG Capital

EntrackrEntrackr · 8m ago
Medial raises $500K in pre-Series A led by OG Capital
Medial

Professional social media platform Medial has raised $500K in a funding round led by Ortella Global Capital (OG Capital), a fund established by Rajvardhan Mohite and former IFC executive Sayan Ghosh. Medial is one of the few startups to have raised two funding rounds in 2024. The Bengaluru-based firm secured $120K in January during its pre-seed round, which was led by FirstCheque VC. The fresh proceeds will be used to create an integrated professional ecosystem focused on meaningful connections, career growth, and relevant content for the startup and tech community globally, Medial said in a press release. Founded and led by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, Medial is a content and community-driven platform with a vibrant community across diverse domains such as tech, product, and UI/UX. It serves as a hub of startup news, industry updates, banters, and advice in a non-clickbaity fashion to add value for its community, and enable transparent and inclusive workplace conversations. Medial started as an integrated platform for professionals in the startup sector and plans to grow into a job board and company profile with worldwide relevance. According to the company, the app is creating a community for product managers, UI/UX designers, product analysts, venture capitalists, business analysts, and aspiring entrepreneurs. It claims to have a community of 100,000 entrepreneurs, startup enthusiasts, techies, and investors and over 10,000 daily Active Users within a few months of its alpha launch. Medial is a professional network that incorporates real identities, similar to LinkedIn and GitHub, while also offering an anonymous feature as an additional layer to enhance the platform. It competes, directly or indirectly, with Grapevine, Hood (formerly Zorro), and, to some extent, with FishBowl, Blind, and Reddit.

Dubpro.ai raises $500K in seed round

EntrackrEntrackr · 1y ago
Dubpro.ai raises $500K in seed round
Medial

AI startup Dubpro.ai has raised $500k in its seed round from Venture Catalysts. Anicut Capital, 9Unicorns, and JJFO and FirstCheque also participated in the round. Founded by Ishan Sharma and Rishikesh, dubpro.ai enables creators and companies to localise their video content through advanced AI-driven dubbing solutions. Using a combination of Artificial Intelligence and human expertise, dubpro.ai offers high-quality vernacular content localisation that was previously inaccessible due to cost restrictions and time-consuming processes. “We are extremely excited to work with leading investors and a passionate team to build generative AI capabilities in Indic languages that could unlock a great potential for video content being available across all vernacular languages from Education to Entertainment content,” said Sharma, founder & CEO of dubpro.ai. The platform claims to deliver realistic dubbing experiences at a scalable cost point, ensuring efficiency and affordability. With an emphasis on quality assurance, Dubpro.ai’s human experts conduct over 10 quality checks. Venture Catalysts invests $250K – $2 million in early-stage startups. It has a presence across 55 cities in 9 countries. It recently led funding round in proptech startup Bandhoo.

Sportstech startup StepOut raises $500k in seed round

EntrackrEntrackr · 5m ago
Sportstech startup StepOut raises $500k in seed round
Medial

StepOut, an Indian sports performance analysis and ecosystem technology startup, has raised $500,000 in its seed round led by Rainmatter, founded by Nithin Kamath, CEO of Zerodha. The round also saw participation from IndigoEdge, Marwah Sports Group, and Misfits Capital. Founded by Jeet Karmakar and Sayak Ghosh, StepOut’s platform automates the tedious manual data collection process traditionally handled by coaches and analysts with a remote AI-powered SaaS setup requiring only uploading a video, saving 80% of time and effort. The platform assists in identifying players and tracks every event on the field to ensure 99% data accuracy. StepOut currently works with the likes of AFC Ajax from the Eredivisie and Rayo Vallecano from La Liga. The brand claims to have become the first Asian tech company to win the prestigious Reimagine Football competition, hosted by UEFA, AFC Ajax, The FA, KNVB, and City Football Group.

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