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Kites Senior Care raises Rs 45 Cr in Series A round

EntrackrEntrackr · 1y ago
Kites Senior Care raises Rs 45 Cr in Series A round
Medial

Agetech startup Kites Senior Care has raised Rs 45 crore ($5.4 million) in its Series A round led by Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG) through his family office. Previously in January 2023, Kites had raised Rs 14 crore in a pre-series A round from Ranjan Pai. The proceeds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said in a press release. Founded in 2016 by Rajagopal and Reema, Kites Senior Care specialises in a range of geriatric services including post-operative and post-hospitalisation rehabilitative care, palliative care, dementia care, and respite care, both within care facilities and at the residences of senior citizens. Currently, the startup has a team of 400 care professionals, which is expected to grow to over 1,500. Further, the Bengaluru-based firm has plans to use the newly raised capital to augment its bed capacity to over 1,000 within the next six quarters, up from the current number of 340. Also, it aims to complete the pilot expansion of its tech platform ‘seniorshield,’ leveraging wearable technology from Titan Fastrack. Besides Kites Senior Care, Samarth Life, Age Care Labs, Goodfellows, KareWise, SeniorWorld, GetSetUp, 60Plus India, ElderAid Wellness and GenWise also operate in the agetech space.

Colossa WomenFirst Fund raises Rs 100 Cr in first close

EntrackrEntrackr · 1y ago
Colossa WomenFirst Fund raises Rs 100 Cr in first close
Medial

Colossa Ventures, a SEBI-registered independent venture capital management company, has announced the first close of its maiden fund – Colossa WomenFirst Fund at Rs 100 crore. The fund with a target corpus of Rs 500 crore will primarily focus on investing in the pre-Series A stage and beyond. Based on research Colossa aims to create a niche in healthcare & healthtech, fintech, climate & cleantech, deeptech and the consumer sectors. The fund’s strategy is to leverage gender-diversity to generate alpha, and has attracted institutions such as SIDBI and family offices like Dr. Ranjan Pai’s Family Office, and the Shriram Ownership Trust, among others to invest in the first close. Co-founded in 2022 by Ashu Suyansh and Vandana Rajadhyaksha, Colossa WomenFirst Fund is a sector-agnostic venture growth fund, that seeks to revolutionize the startup landscape by focusing exclusively on women-founded or co-founded, or where women are the main beneficiaries. A bunch of women-focused funds are currently active in India. For context, Kalaari Capital runs CXXO initiative for female founders. Gender-focused investment platform Achieving Women Equity (AWE) Funds also launched its maiden India fund amounting to Rs 350 crore. Search giant Google runs a program called Google for Startups Women Founders Fund and provides $100,000 in equity-free cash to female-founded startups. Saha Fund, She Capital, and StrongHer Ventures also focus on women founder-led startups.

Yuvrit Ayurveda raises $800K in seed round led by Incubate Fund Asia

EntrackrEntrackr · 11d ago
Yuvrit Ayurveda raises $800K in seed round led by Incubate Fund Asia
Medial

Snippets Yuvrit Ayurveda raises $800K in seed round led by Incubate Fund Asia Ayurvedic clinic chain Yuvrit Ayurveda has raised 800,000 dollars in a seed funding round led by Incubate Fund Asia. The funds will be used to expand its clinic network in Bengaluru, strengthen medical training and standardisation protocols, hire senior Ayurveda doctors, and drive public awareness around preventive health and evidence-based Ayurvedic practices, the company said in a press release. Co-founded in 2024 by Puroo Soni and Rahul Jhawar, Yuvrit Ayurveda offers modern and standardised Ayurvedic care for chronic lifestyle conditions. Its model combines classical Ayurvedic principles with modern diagnostics, herbal medications, Panchakarma therapies and lifestyle guidance, delivered through a patient-centric and omnichannel approach. The Bengaluru-based startup said it is building a scalable and trustworthy outpatient care system rooted in classical science but enhanced by modern diagnostics, digital tracking and protocol-led treatments developed by senior Ayurvedic experts. Its clinics aim to offer authentic, doctor-led, Kerala-style healing that is standardised and outcome-driven for urban consumers. Yuvrit claims to have seen strong early traction, including high repeat usage and healthy clinic-level unit economics. The startup currently has a 14-member team across clinical and central functions including senior doctors, Panchakarma therapists, care coordinators and operations staff, which is expected to grow to more than 30 as new clinics launch in early 2026. It competes with players such as Kerala Ayurveda, Jeena Sikho Lifecare, Jiva Ayurveda, and a range of independent doctor-led clinics.

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others

EntrackrEntrackr · 10m ago
Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others
Medial

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others Deconstruct, a D2C skincare brand, has secured Rs 65 crore ($7.7 million) in funding from L’Oréal’s VC fund BOLD, V3 Ventures, and DSG Consumer Partners, with participation from existing investors Kalaari Capital and Beenext. The funds will support product innovation, leadership in sunscreen and serums, the gentle actives space, and expansion into quick commerce and retail. Founded by Malini Adapureddy, Deconstruct offers skincare for all skin types, focusing on products tailored for India's climate. Deconstruct states it saw 1,000% growth in FY25, achieving annualized net revenue of Rs 200 crore, while reducing losses by 33% during FY24.

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