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Lumikai leads $1.5 Mn seed round in NPrep

EntrackrEntrackr · 1d ago
Lumikai leads $1.5 Mn seed round in NPrep
Medial

NPrep, a placement-focused company building an AI-powered skilling platform for nursing students and professionals, has raised $1.5 million in a seed funding round led by Lumikai. The round also saw participation from existing investor All In Capital, along with Velo Partners, DSP Group Family Office, and angel investors including Viren Shetty. The Jodhpur-based startup had previously raised an undisclosed amount in a pre-seed funding round led by All In Capital, with participation from IIMA Ventures, Chegg founder Aayush Phumbhra, and several family offices and angel investors. The fresh funds will be utilised to ramp up its AI-powered learning platform, expand exam-focused content, and reach more nursing candidates across India preparing for government and global healthcare roles, NPrep said in a press release. Co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, and Gourav Khurana, the startup aims to address the barriers faced by students from tier II and tier III cities by offering an AI-powered skilling and placement platform tailored to the specific needs of nursing students and professionals. According to NPrep, it addresses the systemic gap in nursing education by delivering over 1,400 hours of exam-aligned original video content along with personalised study plans. An AI mentor, curated questions from historical exam data, and individual performance tracking are designed to improve exam outcomes and help candidates access government jobs and global roles. Within 10 months, NPrep says that over 1,00,000 nurses in India are already using its platform, with more than 6 million minutes of video content consumed and 31 million questions answered.

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Placement-focused startup NPrep raises pre-seed round led by All In Capital

EntrackrEntrackr · 7m ago
Placement-focused startup NPrep raises pre-seed round led by All In Capital
Medial

Placement-focused startup NPrep raises pre-seed round led by All In Capital NPrep, a placement-focused company which is building an AI-powered skilling platform for nursing students and professionals, has raised an undisclosed amount in a pre-seed funding round led by All In Capital along with participation from IIMA Ventures, Chegg’s founder Aayush Phumbhra, and several family offices and angel investors. The proceeds will be utilized to expand its course offerings, strengthen and build AI-driven learning platforms, and deepen its placement partnerships with hospitals and healthcare institutions across India, NPrep said in a press release. Co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, Gourav, and Shrey Gupta, the startup aims to address the barriers of students from tier II and tier III cities by offering an AI-powered skilling and placement platform tailored to the specific needs of nursing students and professionals. According to NPrep, it will also support students through mock interviews, resume building, and automated assessment tools that help improve their job readiness. The platform claims to have more than 2 million learners every month and growing its user base to 40,000 students in the last six months alone. The company plans to expand its placement services domestically in FY26 and internationally by FY27, building on its foundation of medical and technological expertise.

VC Lumikai eyes 10-12 deals via India Fund-II

Economic TimesEconomic Times · 1y ago
VC Lumikai eyes 10-12 deals via India Fund-II
Medial

Lumikai, a gaming and interactive media venture capital firm, plans to make 10-12 investments in pre-seed and Series A companies from its $50 million India fund II. The firm currently has $58 million in assets under management from 15 portfolio companies, with over 70% of them generating revenue. Lumikai is focused on interactive media sub-sectors, including content, platforms, tools and technology infrastructure, and systems of play. The Indian gaming industry has seen increased interest from various investors, leading to a surge in game development studios and the return of experienced talent. However, Lumikai sees limited potential in real money gaming and has adjusted its growth forecast for the sector.

Piston closes $7.5 Mn seed round led by Spark Capital

EntrackrEntrackr · 9m ago
Piston closes $7.5 Mn seed round led by Spark Capital
Medial

Piston closes $7.5 Mn seed round led by Spark Capital Fintech startup Piston has closed its seed round at $7.5 million. The latest $6.1 million round was led by Spark Capital, with participation from Pear VC and BOND. It follows a $1.4 million pre-seed raised via the PearX accelerator. The proceeds will be used to expand go-to-market efforts and continue building its network across the US. Shivam Shah leads the India presence, with all engineering and parts of operations and customer success based there. Founded by former fleet operators Vikram Sekhon and Shivam Shah, Piston replaces card-based systems with a direct payment infrastructure that connects fleet drivers and fuel stations. The platform uses a QR-code-based system to link payments to vehicle, time, location, and fuel data, while stations connect directly to Piston’s network without hardware upgrades or intermediaries. Piston currently works with over 120 fleets and 800 gas stations, processing more than $20 million in annualized volume with a 50% monthly growth rate. Its headquarters is in Cupertino, with additional operations in Lehi and a 25-member engineering and operations hub in Kolkata, which is expected to double in size over the next year.

Lumikai leads $1.2 Mn seed round in AskMyGuru

EntrackrEntrackr · 11m ago
Lumikai leads $1.2 Mn seed round in AskMyGuru
Medial

Interactive spiritual-tech platform AskMyGuru has raised $1.2 million in a seed funding round led by interactive media and gaming VC fund Lumikai, which invested $800K, along with participation from MPL and select angels, including ex-Match Group Americas CEO Amarnath Thombre. The proceeds will be utilized to enhance the product roadmap, advance its proprietary Ved Vyas AI engine, and expand language support beyond English, Hindi, Kannada, Tamil, and Telugu, AskMyGuru said in a press release. Co-founded in 2025 by Krishna Mohan Vedula and Vivek Sadamate, AskMyGuru is rooted in the teachings of the Vedic Shastras and aims to reimagine spirituality and astrological guidance through new-age interactive experiences. The platform blends AI, gamification, and deeply researched Indic knowledge systems to shape a new genre of spiritual tech that is both culturally resonant and globally relevant. AskMyGuru aims to redefine the spiritual industry for the digital age while empowering gurus with sustainable income through the platform. It reimagines spiritual guidance as an immersive digital journey, creating meaningful connections through thoughtfully designed interactions. The startup embodies “Systems of Play,” i.e., products disrupting legacy industries with lean-forward, interactive, and gamified experiences. AskMyGuru also plans to deepen its domain expertise across financial, relationship, and career guidance. It may compete directly or indirectly with other platforms in this space, such as Astrosage and Astrotalk. Lumikai is an interactive media and gaming VC that invests in companies at the intersection of technology, culture, and new media. It has backed some of India’s leading interactive media companies, including Elo Elo, Bombay Play, All Star Games, Studio Sirah, Supernova, Autovrse, Vobble, and Mayhem Studios, amongst others.

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