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LISSUN, Zintlr, Conscious Chemist raise early-stage funding

VCCircle

VCCircle · 10m ago

LISSUN, Zintlr, Conscious Chemist raise early-stage funding

LISSUN, a mental health platform, has secured $2.5 million in pre-Series A funding, bringing its total capital raise to $5 million. The funding, led by RPSG Capital Ventures, will enable the startup to develop AI-driven solutions to address mental health challenges. Meanwhile, Zintlr, a B2B SaaS platform specializing in sales intelligence, has raised INR 7.5 crore in seed funding. The AI-powered buyer intelligence platform plans to use the funds to scale its team, expand its market presence, and develop new product verticals. Lastly, Conscious Chemist, a skincare brand, has raised INR 12 crore in funding from Atomic Capital, aiming to enhance product development and expand its digital footprint.

Related News

Beauty brand conscious chemist raises bridge round from Inflection Point Ventures

Startup News FYI

Startup News FYI · 1y ago

Beauty brand Conscious Chemist has secured an undisclosed amount in funding from Inflection Point Ventures. The funds will be used to expand product categories, enhance brand presence through marketing efforts, and establish offline retail locations. Founded in 2019, Conscious Chemist offers evidence-based skincare solutions with a focus on transparency and clinically proven activities. The company sells over 25,000 units per month and has a strong online and offline presence in India. The partnership with Inflection Point Ventures will support the brand's growth plans and amplify its brand voice.

Nexus Venture, Gruhas invest early-stage funds in two startups

VCCircle

VCCircle · 1y ago

Nexus Venture, Gruhas invest early-stage funds in two startups

Specialty coffee chain abCoffee and innerwear brand Bummer have secured early-stage funding from Nexus Venture Partners and Gruhas Collective Consumer Fund, respectively. abCoffee raised $3.4 million in a Series A funding round, which will be used to enhance its supply chain and technology. Bummer raised $1.1 million in a pre-Series A funding round, which will aid its expansion into tier II and III cities and hiring talent. AbCoffee offers affordable brewed coffees sourced from Chikkamagaluru farms, while Bummer specializes in eco-conscious innerwear made from micromodal fiber.

Bare Anatomy's parent Innovist eyes $15 mn in a new funding round

Livemint

Livemint · 6m ago

Bare Anatomy's parent Innovist eyes $15 mn in a new funding round

Innovist, owner of the hair care brand Bare Anatomy, is in discussions to raise over $15 million in a primarily new investor-led funding round. The funds will support its expansion plans, including product innovation. Innovist, which also owns brands like Chemist at Play, reported FY23 revenue of ₹39.3 crore but increased losses. The beauty and personal care sector is seeing consolidation amidst challenges in securing follow-up funding. However, some mid-market firms continue closing successful funding rounds.

Unicorn sightings become rare as VCs shun that leap of faith

Economic Times

Economic Times · 1y ago

Unicorn sightings become rare as VCs shun that leap of faith

Early-stage startups are struggling to attract "leap of faith capital" as investors focus on late-stage companies. While early-stage deals are happening, big investors like SoftBank and Tiger Global are more inclined towards established startups and potential IPOs. Only two startups have become unicorns this year, compared to the previous year's total of two. The investment process for new firms is still lengthy, and funding is primarily limited to fast-growing and profitable companies. However, there is optimism that ventures fixing their economics will be able to raise significant capital in the future.

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

TechCrunch · 1y ago

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

Wing Venture Capital's Sara Choi, a former founder turned investor, will be sharing her expertise on how to pitch to venture capitalists at TechCrunch Early Stage 2024. As venture capital expectations and market dynamics continuously evolve, it's crucial for early-stage founders to effectively communicate their strengths and momentum. The session will provide valuable insights and advice for founders looking to raise capital in the current challenging funding landscape. The deadline to apply for the So You Think You Can Pitch? program at the event is tomorrow, March 22. Early Stage 2024 is just a few weeks away, so secure your pass soon and save $200.

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

IndianStartupNews

IndianStartupNews · 1y ago

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

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.

Juice Startup The Fresh Press Nets Funding From Gruhas Collective Consumer Fund For Expansion

Inc42 · 1y ago

Juice Startup The Fresh Press Nets Funding From Gruhas Collective Consumer Fund For Expansion

Cold-pressed juice startup The Fresh Press has raised an undisclosed amount of funding in its pre-Series A round from Gruhas Collective Consumer Fund (GCCF). The Mumbai-based startup plans to expand into Hyderabad, Bangalore, and Chennai, as well as target key regions like Gujarat, Rajasthan, and Delhi. The funding will also allow the startup to participate in Gruhas Gusto, a six-month accelerator program for early-stage foodtech startups. The Fresh Press offers four fruit juices and aims to establish 1,000 quick-service restaurants across India. The investment adds to GCCF's portfolio, which aims to support health-conscious consumer brands.

Funding freeze bites into the early stage businesses

Money Control

Money Control · 1y ago

Funding freeze bites into the early stage businesses

In Q3CY2023, venture capital firms showed a preference for investing in newer startups. Late stage startups, including Unicorns, have been more affected by the funding freeze, while early stage investment activity has remained relatively unaffected. However, the funding winter is now impacting the early stage funding segment as well.

Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

TechCrunch · 1y ago

Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

Rebecca Lee Whiting, an expert in early-stage fundraising and startup legal matters, will be speaking at TechCrunch's Early Stage event on April 25. Whiting, who works with early-stage companies as they raise capital, will provide insights on the complexities and different methods of fundraising, such as priced rounds, convertible notes, and SAFE agreements. The event also features other speakers from the venture capital and startup community.

Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch

TechCrunch · 7m ago

Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch

Jenny Fielding, co-founder of Everywhere Ventures and former Techstars managing director, sparked a conversation about the appropriateness of early-stage founders having executive assistants (EAs) to help them schedule. Some suggested using AI executive assistants, while others defended the need for human assistance. Fielding's point was that founders should focus on building a product rather than excessive spending. Seed investors, like Fielding, believe founders should spend their cash as they see fit, but early-stage VCs will still evaluate their cash management when it's time to raise the next round. Fielding also mentioned that certain titles and high salaries at early-stage startups can raise red flags for VCs.

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