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Lifechart’s Guttify secures $360K from Unichem Labs’ Family Office

EntrackrEntrackr · 5m ago
Lifechart’s Guttify secures $360K from Unichem Labs’ Family Office
Medial

Lifechart’s Guttify secures $360K from Unichem Labs’ Family Office Lifechart, a health-tech startup focused on gut wellness, has raised $360,000 in an extended seed round for its gut health brand Guttify, led by Prajay Advisors, the family office of the founders of Unichem Labs, Prakash Mody and Jayendra Shah. This $360K raise follows a $500K seed round in October 2024, backed by Expert Dojo, Agility Ventures, Sunn91 Ventures, government seed schemes, and angels like Nitish Mittersain and Ahana Gautam—bringing Lifechart’s total funding to over $1 million. Co-founded in 2022 by Mukul Shah and Mansi Sharma, Guttify is a gut health brand designed for India’s urban population (tier I and III cities), and it adopts a diagnosis-first approach. It offers DIY at-home gut testing kits and clinically validated solutions that combine modern science with herbal methods. Its first product, a pH saliva testing kit for acidity, is already live, with more kits priced as low as Rs 99 set to launch in the coming months. Guttify aims to empower every Indian with accessible, accurate, and personalized gut health solutions—grounded in science, enabled by technology, and inspired by Ayurveda. Lifechart and Guttify aspire to build a full-stack science-backed gut wellness ecosystem to address the urgent and widespread gut health crisis in India. According to market research, the Indian gut wellness market is projected at $18 billion and over 60% of the Indian population suffers from digestive issues.

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InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation

EntrackrEntrackr · 16d ago
InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation
Medial

InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation InCred Money, the wealth and asset management arm of InCred Group, has raised Rs 250 crore ($30M) from investors including Ranjan Pai, Ram Nayak, Mankind Family Office, MMG Family Office, Ravi Pillai Family Office, and Raj Vattikutti Foundation. According to Entrackr sources, the fresh capital values InCred Money at around Rs 1,650 crore (roughly $200 million). Founded by Bhupinder Singh, InCred Group runs three key businesses: InCred Finance (a retail and MSME-focused NBFC), InCred Capital (wealth and asset management, M&A advisory, capital markets, and broking), and InCred Money. The group positions itself as a tech-driven financial services firm leveraging data science and proprietary risk models. InCred Money offers investment options across unlisted shares, fixed deposits, gold, silver, and more. According to the company’s website, the platform is used by over 1.5 lakh investors. The fresh fundraising comes as InCred Holdings gears up for a public market debut. The parent is preparing for an IPO with a total issue size pegged at $460–560 million, including a Rs 1,500 crore fresh issue and a Rs 300 crore pre-IPO placement. On the financial front, InCred Finance, the group’s lending arm, recorded a 47% year-on-year jump in revenue to Rs 1,872 crore in FY25, while profits rose 18% to Rs 374 crore. InCred Capital had earlier secured $50 million from family offices to expand its wealth and capital markets operations. With this funding, InCred Money becomes part of the growing wave of wealth management startups getting strong investor interest, as more Indians turn to digital platforms to manage their money.

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