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Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 21d ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

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Quicklend raises Rs 6.75 Cr in pre-seed round

EntrackrEntrackr · 6m ago
Quicklend raises Rs 6.75 Cr in pre-seed round
Medial

Quicklend, a secured lending platform, has raised Rs 6.75 crore (around $774K) in its pre-seed round led by Inuka Capital, Eximius Ventures, Upsparks Capital, GrowX, and a group of strategic angel investors. The proceeds will be used to scale its operations, enhance its technological capabilities, and introduce innovative features that redefine the lending experience. The company is set to allocate significant resources towards research and development. Founded by Arunkumar Jadhav, Abhishek Uppala, and Raghuram Trikutam, Quicklend offers fast, transparent, and easy lending solutions for borrowers while equipping lenders with advanced portfolio management tools. The Bengaluru-based startup also launched its Loan Against Mutual Funds (LAMF) product in collaboration with Bajaj and a consortium of prominent NBFCs. LAMF is a loan that enables borrowing by pledging Mutual Fund units as collateral. Similar to other asset-backed loans, it offers financial flexibility with the added advantage of a fully digital process.

Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group

EntrackrEntrackr · 1m ago
Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group
Medial

Lamark Biotech raises Rs 6.5 Cr in pre-Series A round led by IAN Group Lamark's proprietary ProteoStrong platform enables the stabilization of fragile protein-based drugs, such as insulin, monoclonal antibodies, and enzymes, without altering their molecular structure. Biopharma startup Lamark Biotech has raised Rs 6.5 crore in a pre-Series A round led by IAN Group, including IAN Alpha Fund, powered by BioAngels, Vinayender Tulla, Nita Roy, and Venkataraman KNK. Domain experts from IAN’s angel investors led the round. The Ahmedabad-based company had previously raised $41.3K in a seed funding round led by VIT-TBI and others. The fresh funds will be utilized to accelerate the development of thermostable insulin and expand the biologics platform for global access, Lamark said in a press release. Founded in 2018 by Vaibhav Bhatia, Lamark Biotech aims to reimagine drug delivery for chronic and life-altering diseases. Its proprietary ProteoStrong platform enables the stabilization of fragile protein-based drugs, such as insulin, monoclonal antibodies, and enzymes, without altering their molecular structure. According to Lamark Biotech, it leverages the R&D base of Venture Center, NCL Innovation, and it is advancing a new class of temperature-resilient biologics that retain potency across extreme conditions—ideal for underserved regions where cold storage infrastructure is limited. With its lead program, InsulinStrong, Lamark is targeting the Rs 4,000 crore Indian insulin market and intends to expand across Southeast Asia and the UAE. In the next 24 months, it plans to file new international patents, begin early clinical trials, and build partnerships with pharma companies, CDMOs, and global health agencies.

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

EntrackrEntrackr · 1y ago
Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round
Medial

Sportstech startup Stupa Sports Analytics has raised Rs 28 crore in its pre-Series A round led by Centre Court Capital and PeerCapital. Earlier to this pre-Series A round, Stupa had raised Rs 7.5 crore in seed and pre-seed funding. The proceeds will be used to fuel its talent acquisition, global expansion, and product enhancement initiatives. The latest fund pool will also be deployed to attract top AI/ML and engineering talent to build advanced solutions. The fund will also power Stupa’s ambitions to expand globally into markets like the US, UK, Australia, and the Middle East while expanding its existing presence in regions like Europe and Asia. Founded by Megha Gambhir, Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions for advanced analytics of player performance data, broadcasting capabilities and sports digitization tools for athletes, sports federations, broadcasters and fan communities worldwide. Stupa claims to have established over 15 strategic partnerships with key governing bodies and sports federations, primarily in Europe.

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

EntrackrEntrackr · 2m 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.

Tractor Factory raises $500k in pre-seed round led by All In Capital

EntrackrEntrackr · 7m ago
Tractor Factory raises $500k in pre-seed round led by All In Capital
Medial

Tractor Factory raises $500k in pre-seed round led by All In Capital Tractor Factory, an electric tractor technology company, has raised Rs 4 crore (around $500,000) in its pre-seed round led by early-stage investment firm All In Capital. Several marquee investors, including Bharat Founders Fund, Devc, and family offices such as Dhingra Partners Prosperity Trust (associated with the Kirloskar Generators family office), participated in the round. Additionally, angel investors like Samir Sood (Founder of Venture Highway), Abhishek Goyal (Founder of Tracxn), Aayush Phumbra (Founder of Chegg), and Puneet Kumar (from Steadview Capital) also joined the fresh investment. The proceeds will be used to enhance its technology, expand its market reach, and improve customer experience. Founded by Shailesh Tiwari in 2024, Tractor Factory offers an omnichannel marketplace that caters to farmers’ mechanization needs by making buying and selling used tractors more accessible and affordable.

Business-payments platform Pazy raises pre-seed funding round

EntrackrEntrackr · 2m ago
Business-payments platform Pazy raises pre-seed funding round
Medial

Pazy, a Bengaluru-based integrated business-payments platform for finance teams, has raised Rs 6 crore (about $720K) in a pre-seed funding round led by Inuka Capital along with participation from Gemba Capital. The proceeds will be used to expand product capabilities, deepen ecosystem integrations, and scale the platform to Rs 10,000 crore in annual spend under management over the next year, Pazy said in a press release. Co-founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Pazy aims to transform how businesses manage their non-payroll payments, including vendor payouts, reimbursements, and tax-related transactions, on a unified platform. The platform integrates all three segments, helping finance teams process invoices faster, reclaim more input tax credit, and eliminate human-led errors that can derail financial operations. Trusted by leading enterprises across sectors, such as BFSI, media, retail, and manufacturing, Pazy facilitates payments worth hundreds of crores every month for clients, including Plum Insurance, WhiteGold, Keka, Fibe, and Sprinto, amongst others. “At Pazy, our vision is to develop a ‘gravity product’ that flawlessly unifies all business transactions. We’re working towards becoming the single operating system for our clients’ financial operations, enabling greater clarity, control, and efficiency while minimizing manual effort and errors. The pre-seed funding will fuel our efforts to scale annual spend under management to Rs 10,000 crore over the next 12 months,” said Pratik Chhajed, Co-Founder and CEO, Pazy. Pazy claims that finance teams using Pazy close books 10× faster, reclaim up to 7% extra input-tax credit, and gain real-time visibility into every rupee of spend.

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