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Premium kidswear brand Includ raises $1.5 Mn led by Incubate Fund Asia

EntrackrEntrackr · 1y ago
Premium kidswear brand Includ raises $1.5 Mn led by Incubate Fund Asia
Medial

Includ, a mass premium kidswear brand, has secured $1.5 million in its seed funding round led by Incubate Fund Asia with participation from Escape Velocity, Abhishek Goyal (Co-founder, Tracxn), and IIM Indore Alumni Angel Fund. Includ plans to use the funds to improve its supply chain, build in-house technology and create brand awareness, the company said in a press release. Furthermore, the company plans to invest in technology to vertically integrate with its suppliers, and build a robust supply chain to ensure timely deliver. The firm will also leverage the funds to implement effective marketing and brand strategies. Started in 2023 by Ashwin Rastogi, Includ aims to bridge the gap in the Indian kidswear market for high-quality yet affordable apparel. The brand caters to children aged 0 to 14 years old, offering a wide range of comfortable and stylish clothing options. The company added that it is committed to using sustainable materials and ethical manufacturing practices. In less than a year of launch, the Gurugram-based brand claims to have crossed monthly sales of more than Rs 2 crore.

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GreenFortune secures $4.5 Mn in pre Series A round

EntrackrEntrackr · 9m ago
GreenFortune secures $4.5 Mn in pre Series A round
Medial

GreenFortune, a windows and doors brand, has raised $4.5 million in a pre-Series A round led by Foundamental. Titan Capital Winners Fund and existing investors Incubate Fund Asia & others participated. The proceeds will be used for national expansion, growing volumes, and building PartnerGate, its tech platform. GreenFortune aims to enhance its R&D and technical services for new products and become a complete solution provider for fenestration products. Founded in May 2022 by Dilip Kumar and Pratyusha Kosaraju, the brand offers affordable uPVC products across 100 locations in India. Products are manufactured in India, Germany, and Japan. In July 2023, GreenFortune raised $1 million led by Incubate Fund Asia.

Saswat Finance raises $2.6 Mn led by Ankur Capital

EntrackrEntrackr · 7m ago
Saswat Finance raises $2.6 Mn led by Ankur Capital
Medial

Saswat Finance raises $2.6 Mn led by Ankur Capital Saswat Finance, a Mumbai-based fintech platform, has raised $2.6 million in its pre-Series A funding round led by Ankur Capital. Incubate Fund Asia, an existing investor, also doubled its investment in this round. The startup previously raised seed funding from investors like Seedstars VC, Sparrow VC, and Incubate Fund Asia. The proceeds will help Saswat expand its technology capabilities, introduce new financial products, and scale operations across Maharashtra, Karnataka, and Uttar Pradesh. The funding will also be used to enhance its data and analytics infrastructure and broaden its product portfolio. Founded in 2022 by Arun Tiwari, Indrajyoti Bhattacharjee, and Ravi Ranjan Chaudhary, Saswat Finance uses proprietary technology and alternative data, such as milk production and geographic trends, to enable efficient delivery of credit, insurance, and advisory services to underserved segments. “India’s rural segments — over 65% of the population — are underserved by traditional financial services. At Saswat, we blend technology and trust to bring financial services directly to their doorstep. This funding will help us deepen our reach and scale operations,” said Arun Tiwari, CEO of Saswat Finance. Saswat claims to have onboarded over 6,000 customers and disbursed more than Rs 55 crore in asset-backed loans.

Proptech startup Flent raises $2.5 Mn in pre-Series A round

EntrackrEntrackr · 10d ago
Proptech startup Flent raises $2.5 Mn in pre-Series A round
Medial

Proptech startup Flent raises $2.5 Mn in pre-Series A round Bengaluru-based proptech startup Flent has raised Rs 21 crore (about $2.5 million) in a Pre-Series A round, including Rs 17 crore in equity and Rs 4 crore in debt. The round was led by Incubate Fund Asia, with participation from WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, and a group of angel investors, including BlackBuck co-founder Rajesh Yabaji. In addition, over 40 landlords and tenants using Flent’s platform collectively invested Rs 1 crore as part of the round. The proceeds will be used to expand beyond Bengaluru, with Mumbai and Gurugram identified as the next markets. Flent also plans to roll out new offerings across the rental journey, including flatmate discovery, vacancy protection for landlords, and AI-led location and budget discovery tools. Founded in October 2023 by Mayank Lalwani, Rishabh Agnihotri, and Shail Daswani, Flent operates a full-stack rental platform offering fully furnished, move-in-ready homes with flexible lease terms. It manages the entire lifecycle, design, onboarding, tenant screening, maintenance, and rent assurance while removing brokerage and large security deposits. Flent currently manages 350 rooms across 140 premium homes in Bengaluru, with reported occupancy levels of 90–95%. The average customer stay is around 14 months, according to the company. On the supply side, the brand is targeting high-value residential properties, particularly those owned by investors and NRIs, where professional property management remains fragmented.

Fairdeal raises $3 Mn led by Incubate Fund Asia and Waterbridge

EntrackrEntrackr · 5m ago
Fairdeal raises $3 Mn led by Incubate Fund Asia and Waterbridge
Medial

Fairdeal.Market, a B2B quick commerce platform, has raised $3 million (about Rs 25 crore) in a pre-Series A round led by Incubate Fund Asia and Waterbridge Ventures, with participation from angel investors. The funds will be used to expand operations in new zones across Delhi-NCR, strengthen technology capabilities, and onboard more direct-to-consumer and regional brands. Co-founded by brothers Prateek and Yash Bansal, Fairdeal focuses on empowering micro-retailers to transition into the digital retail economy. It operates with a low-burn, capital-efficient model supported by data-driven operations. Within its first year, it claims to have reached an annual recurring revenue (ARR) of nearly $10 million. Fairdeal provides cloud inventory of over 1,000 stock-keeping units (SKUs) and facilitates brand discovery for retailers, offering better margins. It aims to build a network of 100,000 loyal retailers in the next three years and target $150 million ARR. It also collects data on SKU performance, marketing effectiveness, and potential market gaps, which is used by multinational, regional, and D2C brands.

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