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Laiqa raises Rs 15 Cr in seed round from IvyCap Ventures

EntrackrEntrackr · 1y ago
Laiqa raises Rs 15 Cr in seed round from IvyCap Ventures
Medial

Gurugram-based femtech startup Laiqa Wellness has raised Rs 15 crore in its seed round from IvyCap Ventures. The proceeds will be used to drive the expansion and development of the company’s tech-based solutions, which focus on personalized hormonal health tracking, point-of-care assessments, and AI-driven recommendations that integrate both modern science and Ayurveda. Founded in August 2023 by Monica Bindra, Harmeet Bindra, and Meenakshi Singh, LAIQA offers a unique approach to women’s wellness by addressing hormonal imbalances through cycle-synced, personalized care. Its offerings cater to a wide range of hormonal imbalance-driven conditions, such as PCOS, thyroid disorders, insulin resistance, sleep disturbances, and other lifestyle-related issues. The app’s proprietary algorithm objectively scores health parameters and provides cycle-synced actionable insights, helping users manage these changes for enhanced productivity, improved energy levels, and overall wellness. IvCap has backed startups across categories such as Purplle, Bluestone, Bewakoof, Convosight, Lissun, Elucidata, Deep Rooted, Wagr, YellowSkye, and Biryani By Kilo.

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Exclusive: Eggoz to raise Rs 125 Cr led by Gaja Capital

EntrackrEntrackr · 7m ago
Exclusive: Eggoz to raise Rs 125 Cr led by Gaja Capital
Medial

Eggoz, a consumer brand for eggs, is raising Rs 125 crore, approximately ($14.7 million) in its Series C round led by Gaja Capital with the participation of existing investors IvyCap Ventures and Redbright Partners. The board at Eggoz has passed a special resolution to issue 1 equity and 15,334 Series C preference shares at an issue price of Rs 81,511 each to raise Rs 125 crore or $14.7 million, its regulatory filing accessed from the Registrar of Companies (RoC) shows. Gaja Capital will spearhead the round with Rs 100 crore, while IvyCap Ventures and Redbright Partners will inject Rs 20.95 crore and Rs 4.05 crore, respectively. According to Entrackr’s estimates, the company will be valued at around Rs 480-500 crore or $55-58 million post-money. This marks a 60% increase in the valuation when compared to its last round. Founded in 2017 in Bihar by Abhishek Negi, Aditya Singh, and Uttam Kumar, Eggoz operates an asset-light, farmer-led model that ensures fresh eggs reach retailers within 24 hours. The brand has scaled its presence across Delhi-NCR, Bengaluru, Kolkata, Jaipur, Lucknow, and several non-metro cities. In a bid to diversify, Eggoz has also forayed into ready-to-cook offerings such as momos, burger patties, nuggets, and more. Eggoz has raised over $27 million in total funding so far. This includes an $8.8 million Series B round led by IvyCap Ventures. Before this, the company had secured $3.5 million in its Series A round and Rs 3.7 crore during its seed stage. The company has yet to file its FY25 numbers. Eggoz has recorded a 33.6% year-on-year increase in its revenue to Rs 73.1 crore in FY24, while the losses of the firm reduced by 24% to Rs 25 crore in the same period.

Exclusive: Deeptech IoT startup Datoms to raise Rs 25 Cr in Series A

EntrackrEntrackr · 9d ago
Exclusive: Deeptech IoT startup Datoms to raise Rs 25 Cr in Series A
Medial

Snippets Exclusive: Deeptech IoT startup Datoms to raise Rs 25 Cr in Series A Datoms is raising $2.77 million (approximately Rs 25 crore) in a Series A funding round led by BIG Global Investments JSC, with participation from existing investors YourNest Innovative Products VC Fund and IvyCap Ventures. Datoms has passed a special resolution to issue 58,349 Series A compulsorily convertible preference shares (CCPS) and two equity shares at an issue price of Rs 4,274 per share, aggregating to a total fundraise of Rs 25 crore, according to regulatory filings accessed from the Registrar of Companies (RoC). BIG Global Investments JSC will lead the round with an investment of Rs 15 crore, followed by YourNest Innovative Products VC Fund with Rs 6 crore and IvyCap Ventures with Rs 4 crore, taking the total round size to Rs 25 crore. As per Entrackr’s estimates, the company will be valued at around Rs 110 crore ($12.18 million) on a post-money basis. The fresh capital will be used to support growth and expansion, meet operational requirements, and fund general corporate purposes. Previously, the startup had raised $1.2 million led by Yournest VC in October 2023. Co-founded by Amiya Samantaray, Nataraj Sahoo, Amrit Biswal, and Asish Sahoo, Datoms is a Bhubaneswar-based deeptech startup building a connected operations cloud that unifies people, processes, and machines on a single platform. Its industrial IoT solutions help sectors such as construction, warehousing, agriculture, mining, and ports improve efficiency, automate workflows, and optimise asset management. Following the Series A round, BIG Global Investments JSC will hold a 12.00% stake in Datoms, while YourNest Innovative Products VC Fund and IvyCap Ventures will hold 14.74% and 3.20% stakes, respectively. For the fiscal year ended March 2025 (FY25), Datoms reported operating revenue of Rs 5.57 crore, up from Rs 3.09 crore in FY24. The company’s losses widened to Rs 5.82 crore in FY25 from Rs 4.38 crore in the previous fiscal year.

FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures

EntrackrEntrackr · 5m ago
FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures
Medial

FlexifyMe raises 20 Cr in pre-Series A round led by IvyCap Ventures Health-tech company FlexifyMe has raised Rs 20 crore ($2.4 million) in pre-Series A funding led by IvyCap Ventures with participation from Signal Ventures and existing investors. Previously, the company raised $1 million in a seed funding round led by Flipkart Ventures and featured on Shark Tank India Season 3, where it secured investment from Namita Thapar (Emcure). The fresh funds will be utilized to accelerate its hybrid care expansion (online and offline centers), the launch of advanced posture and gait analysis labs, and the strengthening of clinical research partnerships, FlexifyMe said in a press release. Co-founded in 2021 by Manjeet Singh and Amit Bhayani, FlexifyMe combines AI-driven posture and motion analysis with expert physiotherapy to identify the root causes of chronic musculoskeletal pain. By moving away from subjective, symptom-based care to data-driven, trackable interventions, the company helps reduce unnecessary procedures and improve long-term patient outcomes. “By combining technology, licensed physiotherapists and rigorous progress tracking, we are making the journey to a pain-free life scientific, objective and measurable. This funding allows us to scale these capabilities so millions can avoid unnecessary surgeries, return to the activities they love, and regain meaningful quality of life,” said Manjeet Singh, co-founder, FlexifyMe. The Pune-based platform provides live one-on-one sessions with certified instructors, personalized programs, and guided video sessions, drawing on a blend of traditional wisdom and cutting-edge technology. FlexifyMe says that it is already trusted by thousands of users across India and global markets. It works with enterprises, insurers, and healthcare ecosystems to deliver clinically validated outcomes.

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