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Lorazzo raises seed funding led by Sprout Venture and First Cheque

EntrackrEntrackr · 11d ago
Lorazzo raises seed funding led by Sprout Venture and First Cheque
Medial

Lorazzo raises seed funding led by Sprout Venture and First Cheque Home improvement startup Lorazzo has raised Rs 5 crore in a seed funding round led by Sprout Venture Partners and First Cheque by India Quotient. The round also saw participation from Chandigarh Angel Network and a group of angel investors. The proceeds will be used to accelerate product innovation, strengthen its design and technology stack, and scale its omnichannel presence across India. Founded in 2024 by Jatin Luthra and Saurabh Gupta, Lorazzo operates in the kitchen and bathroom fittings segment, offering products such as smart bidets, kitchen faucets, stainless steel and quartz sinks, and modular accessories. Its products are designed specifically for Indian household conditions, including varying water pressure and TDS levels. Lorazzo currently sells through its own website and is present on major online retail and quick commerce platforms.

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Health startup Newmi Care raises $1.5 million from Sprout Venture Partners, others

Economic TimesEconomic Times · 1y ago
Health startup Newmi Care raises $1.5 million from Sprout Venture Partners, others
Medial

Women's health and wellness startup Newmi Care has secured $1.5 million in seed funding led by Sprout Venture Partners. The funding round also saw participation from LetsVenture, Sarcha Advisors, Key Ventures Forum, and other angel investors. Newmi Care plans to use the funds to establish women's clinics in northern and western India, enhance its technology, drive product innovation, and expand its team. The startup offers a comprehensive platform for women's healthcare, covering consultations, diagnostics, procedures, medications, and health tracking. It aims to simplify outpatient care for women in India and has already served over 60,000 women across various cities.

Women health platform Newmi Care raises $1.5 Mn in Seed round

EntrackrEntrackr · 1y ago
Women health platform Newmi Care raises $1.5 Mn in Seed round
Medial

Newmi Care, a full stack outpatient care platform and clinics focused on women health & wellness, has raised $1.5 million in a Seed funding round led by Sprout Venture Partners. he round also saw participation from a leading family office, LetsVenture, Sarcha Advisors, Key Ventures Forum and a few angels investors. Newmi Care aims to build its women clinics in North & West India, enhance technology and product innovation and expand its team, the company said in a press release. Since its inception in May 2022, Newmi Care claims to have serviced more than 60,000 women across 400 cities in India covering health concerns ranging from menstrual, sexual and hormonal health, fertility & maternity, menopause and women reproductive organ cancers. Founded by Aditi Singh and Sanchit Agarwal, Newmi has launched women centric OPD insurance products along with leading insurers and the firm has 10 operational clinics in Delhi NCR. Early-stage VC fund Sprout is currently investing out of its Fund II. From its first fund, it has backed companies like Pixis, Ripplr, Fashor, Advantage Club, Goals101 and Fitso among others.

Startup news and updates: Daily roundup (September 13, 2024)

YourStoryYourStory · 1y ago
Startup news and updates: Daily roundup (September 13, 2024)
Medial

Futwork, a mobile app-based contact center solutions provider, has raised Rs 21 crore ($2.8 million) in a Series A funding round led by the Michael & Susan Dell Foundation and Artha Venture Fund. The funds will be used to scale the company's product and roll out AI solutions across voice, chat, email, and WhatsApp. Newmi Care, an outpatient care platform focused on women's health, has raised $1.5 million in a seed funding round led by Sprout Venture Partners. Agilitas Sports has partnered with Spring Marketing Capital to build global capabilities. CarDekho Group has appointed Sudarshan Sarma as chief business officer of its New Auto unit. People Matters has named Pushkaraj Bidwai as its new CEO.

Newmi Care, Futwork raise early-stage funding, eye expansion

VCCircleVCCircle · 1y ago
Newmi Care, Futwork raise early-stage funding, eye expansion
Medial

Women's health platform Newmi Care has raised $1.5m in seed funding led by Sprout Venture Partners, with participation from LetsVenture, Sarcha Advisors, Key Ventures Forum, and angel investors. The startup plans to use the funds to expand its women’s clinics, enhance technology and product innovation, and grow its team. Since its launch in May 2022, Newmi Care has served over 60,000 women across 400+ Indian cities, providing comprehensive care for health concerns ranging from menstrual and sexual health to fertility and women's reproductive organ cancers. Contact center solutions provider Futwork has secured INR 210m ($2.8m) in a Series A funding round led by the Michael & Susan Dell Foundation and Artha Venture Fund. The funds will be used to scale Futwork's product line and deploy AI solutions for customer communication across voice, chat, email, and WhatsApp channels. The startup also plans to expand to international markets and support sectors including e-commerce, BFSI, and edtech. Earlier, Futwork raised a seed round of $1m from Blume Ventures and Simile Venture Partners in 2022.

House of Zelena raises Rs 7 Cr in Seed round

EntrackrEntrackr · 5m ago
House of Zelena raises Rs 7 Cr in Seed round
Medial

House of Zelena raises Rs 7 Cr in Seed round Mom-wear brand House of Zelena has raised Rs 7 crore ($800K) in a seed funding round co-led by Sprout Venture Partners and M Venture Partners, with participation from GSF and other angels. This round follows the company’s earlier angel round bringing the total fund raise to $1.2 million. The proceeds will be deployed towards strengthening supply chain capabilities, driving innovation across their various maternity apparel offerings, and deepening the brand’s mom-first ecosystem through community-building and technology integrations, House of Zelena said in a press release. Co-founded in 2022 by Hina Priyadarshini and Mayank Kamal, House of Zelena aims to redefine maternity and postpartum wear by designing from the mother’s perspective. Unlike baby-first brands, it focuses on women’s bodies, comfort, and their emotional journey. The brand has already introduced first-of-its-kind products such as postpartum sculptwear leggings, bump-friendly loungewear, and leakproof innerwear. Over the last two years, House of Zelena has built a thriving mom community of more than 2.5 lakh mothers across India and generated over 45 million monthly organic impressions across the brand’s website. “House of Zelena was born from that gap: to create clothing that adapts to women’s real needs, and an ecosystem that makes them feel supported, inside and out,” said Hina Priyadarshini, co-founder of HOZ. The brand is also preparing to expand its offline engagement through community events and its upcoming SafeToFeed café campaign. In September 2025, it will unveil a refreshed brand identity designed to deepen its connection with India’s growing mom community.

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