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MeltPlan raises $10 Mn in seed round led by Bessemer

EntrackrEntrackr · 4d ago
MeltPlan raises $10 Mn in seed round led by Bessemer
Medial

MeltPlan raises $10 Mn in seed round led by Bessemer Pre-construction AI platform MeltPlan has raised $10 million in a seed funding round led by Bessemer Venture Partners, with participation from noa. This round brings the company’s total funding to $14 million. The proceeds will be used to develop a “planning engine” for the construction industry and accelerate product development across code, cost, schedule, and value decision systems, MeltPlan said in a press release. Co-founded in 2025 by Kanav Hasija and Tanmaya Kala, MeltPlan aims to build a construction-native AI system designed to understand building codes, materials, sequencing, procurement, and construction methods. The system has already scored 95% or higher on building inspector exams, and the company is working to expand its expertise across all trades and disciplines involved in construction planning. While design software optimizes use and aesthetics, and construction software focuses on execution and control, MeltPlan is building the missing layer, software that optimizes decisions and trade-offs upstream, before scope is locked, procurement begins, and change orders become inevitable. According to MeltPlan, the Planning Engine will consist of four integrated systems: a code system that provides context-aware compliance pathways for architects, engineers, and inspectors; a cost system; a schedule system; and a value system, which delivers value-impact analysis and optimization recommendations for owners and developers. MeltPlan said it aims to make construction “boring” by making planning more rigorous, surfacing constraints and trade-offs early, aligning stakeholders before plans are finalized, and reducing the need for late-stage redlines, rework, and change orders. The company added that it is working with leading enterprise contractors such as DPR Construction in California and Innovo Group in the UAE to support their planning and pre-construction phases.

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Haircare startup Moxie Beauty raises $15 Mn in Series A led by Bessemer

EntrackrEntrackr · 2m ago
Haircare startup Moxie Beauty raises $15 Mn in Series A led by Bessemer
Medial

Haircare brand Moxie Beauty has raised $15 million in a Series A funding round led by Bessemer Venture Partners. Existing backer Fireside Ventures also participated in the round, along with angel investors including Navin Parwal, Sangeet Agarwal, and Arjun Purkayastha. The firm did not disclose its valuation. Earlier in July last year, the Gurugram-based brand had raised Rs 17.3 crore ($2.1 million) in a new round led by Fireside Ventures. Back in April 2023, Moxie had raised $669K in its seed round from Amplify Partners, OTP Venture Partners, and others. The new proceeds will be used to expand its product development and research efforts, hire across key functions, and scale distribution channels. Moxie Beauty said it is working on new product formats and formulations, with a focus on styling and scalp health categories. Founded in 2023 by Nikita Khanna and Anmol Ahlawat, Moxie Beauty focuses on haircare products designed for Indian hair textures and climate conditions. The firm currently has a portfolio of 19 products spanning shampoos, conditioners, styling formats, and scalp care. Its products are sold across online platforms such as Nykaa and Amazon. According to Moxie, it has crossed Rs 100 crore in annual recurring revenue within two years of launch and reported a four-fold increase in monthly revenue over the past year. It also claims that several of its products rank among top-selling items in their respective categories on major marketplaces, with an overall customer retention rate of over 40%. Moxie sources a portion of its raw materials globally and develops formulations in-house. Some products are positioned as category-first offerings in the Indian market. The lead investor Bessemer Venture Partners had closed a $350 million in capital for its second dedicated India fund in March this year. Its recent investments include Graph AI, Seekho, and TransBnk.

10 min food delivery startup Swish raises $14 Mn

EntrackrEntrackr · 12m ago
10 min food delivery startup Swish raises $14 Mn
Medial

Exclusive: 10 min food delivery startup Swish raises $14 Mn Swish, a 10-minute food delivery startup, has secured Rs 122.32 crore in its Series A funding round, led by Hara Global Capital and existing investor Accel India. This follows just three months after its $2 million seed round. The board at Swish has passed a special resolution to issue 4,762 Series A compulsory convertible preference shares at an issue price of Rs 2,56,334 each to raise Rs 112.3 crore or $14 million, its regulatory filing accessed from the Registrar of Companies shows. Hara Global Capital led the round with Rs 69.56 crore while Accel India invested Rs 52.18 crore. Kunal Shah-led QED innovation, and Gaurav Munjal (CEO of Unacademy) and Sumer Juneja, investment advisor at SoftBank, participated with Rs 20.5 lakhs, Rs 5 and Rs 30.7 lakh respectively. According to Entrackr's estimates, the company has been valued at around Rs 522 crore or $60 million post-allotment. After the new funding round, Hara Global Capital will own 13.33%, while Accel India will hold a 27.24% stake in the company. Co-founders Aniket Sunil Shah, Sureshkumar Sarana, and Ujjwal Sukheja will each retain a 16.38% share following the Series A round. Founded in 2024, Swish’s 10-minute delivery model operates within a 1.5–2 km radius using cloud kitchens called ‘delight centers,’ ensuring fresh and hygienic food is delivered swiftly through its optimized full-stack approach. Swish is competing in the fast-expanding instant food delivery market, where Zomato, Swiggy, and Zepto are leading the charge. Zomato-owned Blinkit has also launched Bistro, a standalone app for instant food delivery. In December, Bhavish Aggarwal-led Ola entered the segment, while emerging players like Magicpin and Zing are gaining traction. The latest entrant to the space is cloud kitchen unicorn Rebel Foods, which has introduced a new app called QuickiES.

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