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Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 3m ago
Perkant Tech raises Rs 6.6 Cr in seed round
Medial

Perkant Tech raises Rs 6.6 Cr in seed round Indore-based health tech startup Perkant Tech has raised Rs 6.6 crore ($771K) in its seed round led by YourNest Venture Capital. The funding also saw support from the Government of India’s Atal New India Challenge (Rs 1 crore), Villgro Foundation (Rs 35 lakh), and Sanchi Connect (Rs 25 lakh). The proceeds will be used to help Perkant Tech improve its technology, grow its team, and prepare for a wider launch after successful tests. The firm also plans to add more features for detecting diseases early and helping in recovery tracking. Founded in 2020 by engineers Lokant Jain and Saniya Jeswani, Perkant Tech has created a smart AI-powered medical device that gives quick and clear health checks. Its main product, “Abhay Parimiti,” can scan a person’s health in under 60 seconds and works even in areas with limited doctors. Perkant’s technology is already patented in India and has a pending patent in the U.S. It is also aligned with India’s National Digital Health Mission. Its system can track over 700 body signals, helping people stay ahead of serious illnesses. The device is easy to use, making it helpful for both doctors and non-medical users in rural or remote places.

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Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 1m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 15d ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round

EntrackrEntrackr · 16d ago
Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round
Medial

Snippets Automotive spare parts aggregator Garaaz raises Rs 4.55 Cr in seed round Automotive spare parts aggregator Garaaz has raised Rs 4.55 crore (around $530K) in its seed round from GVFL. The Jaipur-based startup plans to expand across states, improve R&D and tech infrastructure, and build a scalable support and logistics network. Founded in 2019 by Shaleen Agarwal, the SaaS-enabled platform connects workshops with spare parts suppliers, offering over 8 million parts across 25 car brands. Its tech-led platform allows easy access to inventory lookups, order management, workshop tracking, and analytics, thereby solving pain points around product availability, pricing opacity, and delivery delays in the aftermarket space. The firm generates revenue through a combination of SaaS subscriptions, margins on transactions, and value-added logistics and data services. Garaaz claims to have seen 3X growth in the past two years, with sales doubling in FY24–25 over the previous year. Garaaz competes with several Indian startups operating in the auto aftermarket and B2B spare parts space. The list includes boodmo, SpareIt, Koovers, and Automovill. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

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