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Juice brand Alienkind raises $1.2 Mn in Seed round
Entrackr
·
4m ago
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.
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Alienkind, Perkant Tech, DriverShaab net early-stage funding to drive growth
VCCircle
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4m ago
Medial
Alienkind, Perkant Tech, and DriverShaab have raised early-stage funding to foster growth. Alienkind secured $1.2 million in seed funding from investors including Prakash Sikaria and Ravi Iyer to expand operations in India. Perkant Tech, co-founded by Lokant Jain and Saniya Jeswani, raised Rs 6.6 crore to advance its AI-powered health platform and prepare for market launch. DriverShaab received Rs 2.82 crore to enhance its driver aggregation platform and technology infrastructure.
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Cautio raises $3 Mn in seed round led by Amal Parikh
Entrackr
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23d ago
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.
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SaaS startup Taqtics raises $1.2 Mn in seed round
Entrackr
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9m ago
Medial
SaaS platform Taqtics has raised $1.2 million in seed round led by Sprout Venture Partners and Capital-A, with additional participation from Java Capital. The proceeds will be used to expand its product capabilities, strengthen its presence in key markets, and incorporate AI-driven analytics. Founded by Yuyutsu Sharma, Taqtics offers a comprehensive suite of tools that help managers streamline store operations with ease. Its key features include real-time store audits for compliance and improvement tracking, employee training and SOP management for smooth onboarding and adherence to standards, and simplified visual merchandising to enforce brand guidelines. The platform also provides efficient asset management, ensuring optimal use and maintenance of store assets, along with an issue-tracking system to quickly resolve operational challenges and boost performance. Capital-A focuses on environmental sustainability and economic growth, and the firm’s second fund targets a corpus of Rs. 400 crore. It has already backed more than 20 innovative startups, including Jiraaf, Rooter, Bambrew, Riskcovry, and Tan90 among others.
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HealthCRED raises $1.2 Mn in seed round
Entrackr
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1y ago
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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Firefly Diamonds raises $3 Mn in seed round led by WestBridge Capital
Entrackr
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5m ago
Medial
Firefly Diamonds raises $3 Mn in seed round led by WestBridge Capital Indian lab-grown diamond jewellery brand Firefly Diamonds has raised $3 million in its seed round led by WestBridge Capital. The proceeds will be used to accelerate the brand’s retail expansion, and its digital presence, and fuel R&D for new and distinctive jewellery collections. Co-founded by Adit and Aayush Bhansali, Firefly utilizes advanced technology to create lab-grown diamonds which offer the same physical, optical, and chemical characteristics as mined diamonds, but their production has a dramatically lower impact on the environment. It offers fine jewellery set in 14K and 18K gold. The brand has stores across 4 cities currently - Mumbai, Pune, Bengaluru, and Hyderabad with a plan to expand to over 20 locations within the following two years. In the lab-grown diamond space, Firefly Diamonds will compete with a clutch of firms including COLUXE, Fiona Diamonds, Limelight Lab Grown Diamonds, and Jewelbox. Aditya Birla-backed GIVA also offers a lab-grown diamond jewellery line.
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abCoffee raises $3.4 Mn in Series A round
Entrackr
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1y ago
Medial
Specialty coffee QSR chain abCoffee has raised $3.4 million in its Series A round led by Nexus Venture Partners, with participation from existing investor Tanglin Venture Partners. Earlier to this round, the startup had raised $2 million in its seed round led by Tanglin Venture in September last year. The proceeds will be used to enable abCoffee to ramp up its supply chain and technology stack to bring on-demand coffee beverages at lower prices in quicker time, abCoffee said in a press release. Founded in 2022 by Abhijeet Anand, abCoffee offers a wide variety of freshly brewed coffees at affordable prices and provides all the traditional blends including Americano, Latte, Flat White, Iced Latte, and Irish Cold Coffee. The company boasts a customer loyalty rate of 61%, nearly double the industry average, reflecting its commitment to exceptional service with a turn around time (TAT) of 1.5 minutes. Recently, the brand opened 25 outlets across Mumbai and Delhi within a span of 20 months. The brand is targeting 150 stores by end of 2024. Its competitors include Third Wave Coffee, Blue Tokai, Rage Coffee, Slay Coffee, Sleepy Owl, and Seven Beans Co., among others.
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SkinInspired raises $1.5 Mn in seed round led by Unilever Ventures
Entrackr
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1y ago
Medial
Skincare brand SkinInspired has raised Rs 12.25 crore (approximately $1.5 million) in its seed round led by Unilever Ventures. Dr Vaidya’s co-founder Arjun Vaidya also participated in the round. The proceeds will be allocated towards research and development initiatives, strategic marketing efforts, and strengthening the brand’s go-to-market strategy. Founded in 2022 by FMCG veteran Piyush Jain and dermatologist Dr. Prashant Agrawal, SkinInspired offers a curated range of assorted products based on skin types in four categories – face wash, face serum, sunscreen, and moisturizer. The brand has also introduced a refillable skincare line, featuring airless jars and pumps designed to preserve product efficacy and promote sustainability. According to market research, the skincare industry in India reached a size of $3 billion in 2023, with demand anticipated to grow at a CAGR of 14.6% over the forecast period.
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KisaanSay raises $2 Mn in pre-seed round led by Jungle Ventures
Entrackr
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7m ago
Medial
KisaanSay, a cross-category direct-from-origin food brand, has raised $2 million in its pre-seed round led by Jungle Ventures through First Cheque@Jungle. The round also saw participation from senior leaders in the food industry. The proceeds will be used to strengthen KisaanSay’s marketing efforts, build team, and scale its operations, focusing on expanding the company’s product portfolio and distribution footprint. Founded by Nitin Puri, Manoj Karki, and Vaishali Mehta, KisaanSay bridges the gap between farmers and consumers by placing provenance. The brand partners with farmer collectives in natural farming clusters across mountain valleys, forests, tribal areas, and drylands, ensuring each product is grown, minimally processed, and packaged at its origin. With a portfolio of over 80 products spanning 12 categories, KisaanSay operates through a unique co-brand and co-profit partnership model with 20 farmer collectives representing more than 50,000 farmers. Its omnichannel distribution spans e-commerce platforms, its own direct-to-consumer channel, and retail stores in Delhi NCR.
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Women-focused fintech startup Lxme raises $1.2 million from Kalaari Capital, others
Economic Times
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1y ago
Medial
Lxme, a financial platform targeted at women, has raised $1.2 million in seed funding. The round was led by Kalaari Capital's CXXO initiative, which supports female-led startups. Other notable investors included Singularity Ventures, Amaya Ventures, Capri Holdings, and DSP Asset Managers. Lxme plans to utilize the funds for brand-building, user acquisition, and improving its technology and product stack. The platform offers tailored financial products and education to help women make better financial decisions and currently has a community of over 400,000 women. The funding comes at a time when funding for women-led startups in India has declined.
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Premium kidswear brand Includ raises $1.5 Mn led by Incubate Fund Asia
Entrackr
·
1y ago
Medial
Includ, a mass premium kidswear brand, has secured $1.5 million in its seed funding round led by Incubate Fund Asia with participation from Escape Velocity, Abhishek Goyal (Co-founder, Tracxn), and IIM Indore Alumni Angel Fund. Includ plans to use the funds to improve its supply chain, build in-house technology and create brand awareness, the company said in a press release. Furthermore, the company plans to invest in technology to vertically integrate with its suppliers, and build a robust supply chain to ensure timely deliver. The firm will also leverage the funds to implement effective marketing and brand strategies. Started in 2023 by Ashwin Rastogi, Includ aims to bridge the gap in the Indian kidswear market for high-quality yet affordable apparel. The brand caters to children aged 0 to 14 years old, offering a wide range of comfortable and stylish clothing options. The company added that it is committed to using sustainable materials and ethical manufacturing practices. In less than a year of launch, the Gurugram-based brand claims to have crossed monthly sales of more than Rs 2 crore.
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