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Skin care startup CHOSEN raises $1.2 Mn in seed round

EntrackrEntrackr · 1y ago
Skin care startup CHOSEN raises $1.2 Mn in seed round
Medial

Chennai-based skincare startup CHOSEN has raised $1.2 million in its seed round from friends and family. This funding follows an equity-free grant of $100,000 from Peak XV Partners as part of the SPARK program for women entrepreneurs. The proceeds will be used to to grow its headcount and enhance its supply chain capabilities. Founded by cosmetic dermatologist Dr. Renita Rajan, CHOSEN focuses on developing innovative skincare products through patents and technology formulations while expanding into IoT-led skincare solutions. Earlier this year, CHOSEN was featured in Peak XV’s cohort of women-led startups, with the $100,000 grant. Over the past four years, CHOSEN claims to have developed a multi-channel ecosystem of highly active cosmetic products tailored for Indian skin types. It currently offers 34 SKUs, with 12 more in the pipeline and additional products slated for launch within the next 18 months. CHOSEN projects a two-fold increase in its scale this fiscal year.

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Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round

EntrackrEntrackr · 6m ago
Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round
Medial

Medtech startup MedVital raises Rs 8.4 Cr in pre-seed round MedVital, a medtech startup focused on skin repair and wound care, has raised Rs 8.4 crore in its pre-seed round led by Nihar Parikh’s 4point0 Health Ventures. The round saw participation from founders of Tata 1mg, NephroPlus, SafeExpress, Eye Q Hospital, Hexa Health, and AstroTalk. The proceeds will be used to expand MedVital’s product portfolio, strengthen its supply chain, and broaden its distribution network to cover hospitals, clinics, and home-care settings. Co-founded by Varun Gupta and Tarun Bansal, MedVital is a full-stack platform for wound care and minimally invasive aesthetics, integrating monitoring and next-generation biomaterials. MedVital’s flagship product, NoWound, is a negative pressure wound therapy (NPWT) device designed for controlled healing of complex wounds. The device is compact, digitally enabled, and locally manufactured. The startup plans to introduce liquid chitosan-based dressings and expand into dermal and hair regeneration solutions.

Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round

EntrackrEntrackr · 2m ago
Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round
Medial

Snippets Space tech startup Akashalabdhi raises $1.2 Mn in pre-seed round The proceeds will be used to develop ANTARIKSHAB, an expandable space habitat designed for orbital logistics, microgravity experiments, space habitation, and defense applications. Akashalabdhi, a space tech startup developing expandable space habitats and dual-use defense technologies, has raised $1.2 million in a pre-seed funding round from Uday Chatterjee, Romesh Sobti, Suraj Nalin, LVX, 1Crowd, and Riceberg Ventures. "Our vision is clear. We want to put India at the forefront of orbital infrastructure and space habitation by innovating dual-use technologies. The successful close of our pre-seed funding round is a significant milestone that brings us closer to this goal. With the support of our investors, we are one step closer to making ANTARIKSHAB a global reality,” said Siddharth Jena, Founder of Akashalabdhi. Incubated at FSID, Indian Institute of Science (IISc), and TIDES, IIT Roorkee, and supported by KickSky Accelerator, the company leverages research and mentorship to transform visionary concepts into scalable solutions.

Healthtech startup Docplix raises Rs 1.2 Cr in bridge round

EntrackrEntrackr · 1y ago
Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
Medial

Healthtech startup Docplix has raised Rs 1.2 crore in its bridge round led by Inflection Point Ventures. Earlier in March this year, DocPlix had raised Rs 5 crore in its pre-Series A round led by Eris Lifesciences with the participation of other angel investors. In February 2022, it raised Rs 1.2 crore in seed round. The fresh proceeds will be used for product development, AI integration, and market expansion, Docplix said in a press release. This will involve enhancing its EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding its market reach. Founded by Varun Garg, Aayush Garg, DocPlix’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics. Additionally, innovative visualization tools make patient data easy to understand, enhancing patient care and clinic efficiency. The startup claims to serve over 2,000 doctors, extending its reach through programs and remote clinics in tier-II and tier-III cities to address healthcare needs in underserved areas.

Fintech startup POP raises $2.4 Mn led by India Quotient

EntrackrEntrackr · 1y ago
Fintech startup POP raises $2.4 Mn led by India Quotient
Medial

Fintech startup POP has raised $2.4 million in seed funding round led by India Quotient and a few prominent angel investors. The Bengaluru-based startup also announced that it had received approval as a Third-Party Application Provider (TPAP) from the National Payments Corporation of India (NPCI) to offer UPI payments via its POPclub app. POP also joins prominent players like Google Pay, PhonePe, WhatsApp, CRED, and Paytm as a third-party app authorised to provide UPI payments. It has partnered with financial firms such as Yes Bank and Juspay to build its UPI stack. The funding will help expedite the implementation of various initiatives, including the POP UPI service that will enable users to earn POPcoins with every UPI transaction made through the app. Launched in May 2023 by Bhargav Errangi, POP intends to create a network of e-commerce users which constitutes genZ and late millennials on the back of POPcoins. These POPcoins can be used to buy a wide range of products from all major direct-to-consumer (D2C) brands in categories such as beauty, personal care, electronics, fashion, and home goods within the app. POP has added over 200 brands to its network, including mCaffeine, HUL-owned Simple Skin Care, Adil Qadri, Anveshan, Two Brothers Organic Farms, and Epigamia.

Kids personal care brand Tuco Intelligent raises $2 Mn in seed round

EntrackrEntrackr · 1y ago
Kids personal care brand Tuco Intelligent raises $2 Mn in seed round
Medial

Tuco Intelligent, a kids’ personal care brand, has raised $2 million in its seed round led by Fireside Ventures and Whiteboard Capital. The round also saw the participation of the Ashish Goenka-led Suashish Group and angel investors such as Vijay Nehra, and Arjun Purkayastha, and early backers of brands like Mamaearth, Sugar, Pilgrim, Whole Truth, and Mokobara. Founded by Aishvarya Murali in 2023, Tuco Intelligent offers a range of natural and sustainable personal care products only for kids. The range includes soaps, lotions, creams, makeup and deodorants. All products claim to be packaged in 100% landfill and ocean-reclaimed plastic to create a greener planet for children. Tuco targets the unique personal care needs of kids aged 4-12, a demographic with growing needs at every stage. Tuco Intelligent skin products are available on the website and marketplaces like Amazon, Flipkart, Myntra, Nykaa, and Firstcry. Fireside Ventures, which has invested in brands like Mamaearth, boAt Lifestyle, Yogabar, and The Sleep Company, is known for backing high-growth consumer brands. Whiteboard Capital’s portfolio includes innovative companies such as Atomberg, Cred, Jupiter, and Daily Ninja.

Cautio raises $3 Mn in seed round led by Amal Parikh

EntrackrEntrackr · 4m ago
Cautio raises $3 Mn in seed round led by Amal Parikh
Medial

Snippets Cautio raises $3 Mn in seed round led by Amal Parikh AI-powered video telematics startup Cautio has raised $1.8 million in a new funding round led by Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, Venture Catalysts. This brings its total seed round to $3 million. In April, the startup had raised $1.2 million as part of the same round. The proceeds will be used to enhance its R&D capabilities, scale its AI systems, and expand deployment and servicing infrastructure across India. Founded by Ankit Acharya and Pranjal, Cautio provides AI-powered dashcams for fleet operators that offer real-time safety alerts to prevent road accidents. The platform is used in public transport, school buses, and commercial fleets, helping operators detect and respond to risks instantly. Cautio is currently active in 46 cities and has over 60 customers. It aims to make Indian roads safer by using predictive technology to reduce accident risks.

Orthopedic recovery product startup Lumov raises $1.2 Mn led by Incubate Fund

EntrackrEntrackr · 6h ago
Orthopedic recovery product startup Lumov raises $1.2 Mn led by Incubate Fund
Medial

Bengaluru-based orthopedic recovery product startup Lumov has raised $1.2 million (Rs 10 crore) in a seed funding round led by Incubate Fund Asia. The round also saw participation from QRG Investments & Holdings (Havells Family Office), IIMA Ventures, SIDBI, and a group of angel investors, including Ashish Gupta, Saket Narang, Abhishek Goyal, and Arjun Vaidya, among others. The proceeds will be used to expand operations, deepen surgeon partnerships, and accelerate the development of new products. It also plans to scale its presence across Delhi NCR, Hyderabad, and Mumbai, while strengthening its manufacturing and sales teams. Founded by Saumaric Dangwal and Ankit Gupta, Lumov designs and manufactures orthopedic recovery and rehabilitation products for post-surgical care, pain management, and long-term mobility support. The brand works with orthopedic specialists across hospital chains such as Manipal, Apollo, Sakra, and AIG to develop clinically validated products tailored for Indian patients. Lumov currently operates with a core team of 15 members and expects to expand hiring across product development, sales, and operations. The startup is focused on addressing gaps in India’s musculoskeletal care market, where rehabilitation and post-surgical recovery solutions remain fragmented. The founders bring prior experience in healthcare investing, having worked with firms such as Bain Capital, Brookfield Private Equity, and Steinberg Asset Management.

Nivaan Care raises $4.25 Mn led by Endiya Partners

EntrackrEntrackr · 9m ago
Nivaan Care raises $4.25 Mn led by Endiya Partners
Medial

Nivaan Care, a multidisciplinary chronic pain management clinic chain, has secured $4.25 million in its seed round led by Endiya Partners. The round also saw participation from existing investor W Health Ventures. The proceeds will be used to enable Nivaan Care to expand its reach to 10 new clinics across two cities. Founded in 2023 by Nivesh Khandelwal and Vishwas Singh, Nivaan focuses on providing multidisciplinary care through a biopsychosocial approach, which has proven to be over nine times more effective than traditional methods. Nivaan offers comprehensive care plans and minimally invasive procedures to its patients through its seven clinics. At Nivaan Care, patients get a team of pain management specialists, physiotherapists, psychologists, nutritionists, and care managers who create a comprehensive and personalized treatment plan. Nivaan Care claims to be treating over 10,000 patients and performing 1,400 procedures in just one and a half years.

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