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Oncare bags $1 Mn in seed round led by Huddle Ventures

EntrackrEntrackr · 1y ago
Oncare bags $1 Mn in seed round led by Huddle Ventures
Medial

Oncare, a cancer care startup, has raised $1 million in its seed round led by Huddle Ventures. The round also saw participation from marquee institutional VCs such as TRTL Ventures, Cloud Capital, and DeVC. The proceeds will be used to expand its operations to 10 new centres across Delhi NCR, Bangalore, and Jaipur over the next two years. The funds will also be channelled towards team expansion and marketing efforts to raise awareness about the brand’s affordable cancer care solutions. Founded in 2023 by Deepak Kumar and Amar Sneh, Oncare is partnering with 50-100 bedded hospitals to create dedicated oncology wings. Through these partnerships, Oncare is reducing treatment costs by up to 40%. The brand claims to offer an affordable yet high-quality alternative to the expensive cancer treatment—often exceeding Rs 10 lakh in corporate hospitals. It also offers on-call nursing support to help patients manage side effects and anxiety associated with cancer therapies, without having to make unnecessary hospital visits. The startup is operational in South Delhi for the past 10 months and it has provided over 2,500 patients with guidance on treatment plans and claims to have completed over 500 treatment sessions. According to the annual Health of Nation report by Apollo Hospitals, the cancer burden in India is staggering, with yearly cases expected to rise from 1.39 million in 2020 to 1.57 million by 2025. However, high treatment costs, limited availability of oncology centres, and a shortage of specialised professionals are making cancer care inaccessible to millions.

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True Diamond raises $3 Mn led by India Quotient

EntrackrEntrackr · 8m ago
True Diamond raises $3 Mn led by India Quotient
Medial

True Diamond raises $3 Mn led by India Quotient Lab-grown diamond jewelry brand True Diamond has raised Rs 26 crore ($3 million) in a pre-Series A funding round led by India Quotient along with participation from existing investors Titan Capital, Winners Fund, and Huddle Ventures. Prior to this, it had raised $1 million in a seed funding round led by Titan Capital, along with participation from Huddle Ventures, Zeropearl Ventures, and personal investments from Ashutosh Valani, Priyank Shah, Aashka Goradia Goble, Mamaearth founder Ghazal Alagh, Abhishek Goyal, and Anmol Jain. The proceeds will be used to accelerate its omnichannel strategy and focus on offline expansion, True Diamond said in a press release. Co-founded in 2024 by Darayus Mehta and Parin Shah, True Diamond aims to modernise the jewelry experience for contemporary Indian consumers. The brand focuses on design and material innovation, bold content, and accessible luxury. It has launched retail outlets in Mumbai, Hyderabad, and Noida, with more stores planned across metro cities. The Mumbai-based company offers a variety of products, including rings, earrings, pendants, necklaces, mangalsutras, bracelets, and tennis bracelets, among others. The startup also provides customized jewellery and men’s collections. True Diamond claims to have built a catalog of over 5,000 designs and achieved a 1.7x customer repeat rate. The brand offers innovative products with unique launches like over the 160 facet Portuguese diamonds, black diamonds, and many more.

Valyx bags $800K in pre-seed round

EntrackrEntrackr · 1y ago
Valyx bags $800K in pre-seed round
Medial

B2B financial management platform Valyx has raised $800K in its pre-seed funding round co-led by Huddle Ventures and Waveform Ventures. The round also saw participation from notable investors including Bharat Founders Fund and Propell Fund (LetsVenture’s in-house VC fund led by Shanti Mohan). The proceeds will be used towards attracting and onboarding new talent for its sales team, as well as expanding its engineering team to accelerate its product roadmap. Founded in late 2023, Valyx automates billing and receivables thus accelerating payments, expediting financial close, and improving cash flow for businesses. Its offerings include rate card management, usage-based billing, collections, cash application, reconciliation, dispute management and collaborative receivables tracking. Valyx helps finance and sales teams to concentrate on strengthening their relationships with buyers by automating these crucial but repetitive revenue and receivables operations. The startup claims to have processed more than Rs 200 crore in accounts receivable. Over the next two years, Valyx plans to build a full-stack AI-powered revenue management platform that includes B2B payments and financing.

Contrails AI raises $1 Mn in pre-seed round from Huddle Ventures and IAN Group

EntrackrEntrackr · 3m ago
Contrails AI raises $1 Mn in pre-seed round from Huddle Ventures and IAN Group
Medial

Contrails AI raises $1 million in pre-seed round from Huddle Ventures and IAN Group. Trust and safety-tech AI startup Contrails AI has raised $1 million in a pre-seed funding round co-led by Huddle Ventures and IAN Group. The fresh funds will be used to fuel the US and EU pilots running across industries such as marketplaces, media houses, financial firms, and leading digital platforms, Contrails said in a press release. Co-founded by Digvijay Singh and Amitabh Kumar, Contrails AI aims to safeguard internet companies in the age of GenAI. The company delivers solutions trusted by marketplaces, media houses, financial services, and global digital platforms. According to the Bengaluru-based startup, it combines deep-tech innovation with multimodal AI expertise to engineer a compliance-ready safety infrastructure that safeguards digital ecosystems globally. By partnering with the companies in services and technology, the startup aspires to drive adoption of trust & safety solutions while building an interconnected, secure digital ecosystem. Contrails’s proprietary forensics and manipulation detection AI delivers real-time analysis with layered explainability, enabling platform review teams to detect, assess, and act on threats proactively. The platform tackles the threat of cyber crimes with a multimodal approach across video, image, audio, and text, merging fraud detection with forensic DNA analysis and global data expertise. As per market research, from 500,000 in 2023 to 8 million in 2025, deepfake files have grown 16-fold and due to phishing attacks resulted in losses of $17,700 every minute.

Beauty brand Asaya raises $1.5 Mn from OTP Ventures and others

EntrackrEntrackr · 1y ago
Beauty brand Asaya raises $1.5 Mn from OTP Ventures and others
Medial

Premium skincare brand Asaya has raised Rs 12 crore ($ 1.5 million) in Seed funding round led by OTP Ventures and Huddle Ventures, with additional investments from Eternal Capital. The funds will be allocated towards melanin-centric research and developing more products that cater to melanin-specific needs, the company said in a press release. Part of the funding will also be utilised to enhance market reach. Launched in September 2023 by Neeraj Biyani (former Co-founder of Paper Boat), Mandeep Bhatia, and Eeti Sharma, Asaya has rapidly expanded its sales and customer base, retailing through its website and online retail platforms like Nykaa, Amazon, Flipkart, and Myntra. Currently, it claims to have more than 11 products and 23 SKUs. According to Biyani, this funding will help us go from 20,000 to over 250,000 consumers in the next 12 months. Suhail Sameer, who is the former CEO of BharatPe, is serving venture capital firm OTP Venture as managing partner. As per a media report, OTP Ventures is also looking to close its debut fund at Rs 400 crore by June. The firm recently led $1 million round in CirclePe.

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures

EntrackrEntrackr · 10d ago
Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures
Medial

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures Gurugram-based kitchenware startup Cumin Co. has raised $5 million (around Rs 41 crore) in a pre-Series A funding round led by Fireside Ventures. Existing investors Huddle Ventures and Alteria Capital also participated, along with several angel investors. Earlier in August last year, Cumin Co. had raised its first institutional funding of $1.5 million (about Rs 13.16 crore) led by Fireside Ventures along with participation from Huddle Ventures. The proceeds will be used to expand the product portfolio across cookware and kitchen essentials. It also plans to strengthen its supply chain, increase investments in R&D, and improve manufacturing and product innovation capabilities. Founded by Niharika Joshi and Udit Lekhi, Cumin Co. operates in the premium kitchenware segment and focuses on research-led product development. The brand sells cookware and kitchen essentials directly to consumers through online channels. Cumin Co. builds its products around proprietary material and coating technology under its Enviromax platform. It holds three granted patents and has five more pending, covering material science, surface coatings, and product design. Going ahead, Cumin Co. will continue to focus on controlled expansion, selective channel rollout, and improving unit economics as it scales its operations. It competes with other notable startups in this space such as Indus Valley and Palette Brand’s Ember. Indus Valley secured Rs 23.1 crore in a pre-Series A round led by DSG Ventures, while Palette Brands raised nearly Rs 17 crore in a pre-Series A round led by Rockstud Capital.

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