News on Medial

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

VCCircle · 3m

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.