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Colossa WomenFirst Fund raises Rs 100 Cr in first close

EntrackrEntrackr ยท 1y ago
Colossa WomenFirst Fund raises Rs 100 Cr in first close
Medial

Colossa Ventures, a SEBI-registered independent venture capital management company, has announced the first close of its maiden fund โ€“ Colossa WomenFirst Fund at Rs 100 crore. The fund with a target corpus of Rs 500 crore will primarily focus on investing in the pre-Series A stage and beyond. Based on research Colossa aims to create a niche in healthcare & healthtech, fintech, climate & cleantech, deeptech and the consumer sectors. The fundโ€™s strategy is to leverage gender-diversity to generate alpha, and has attracted institutions such as SIDBI and family offices like Dr. Ranjan Paiโ€™s Family Office, and the Shriram Ownership Trust, among others to invest in the first close. Co-founded in 2022 by Ashu Suyansh and Vandana Rajadhyaksha, Colossa WomenFirst Fund is a sector-agnostic venture growth fund, that seeks to revolutionize the startup landscape by focusing exclusively on women-founded or co-founded, or where women are the main beneficiaries. A bunch of women-focused funds are currently active in India. For context, Kalaari Capital runs CXXO initiative for female founders. Gender-focused investment platform Achieving Women Equity (AWE) Funds also launched its maiden India fund amounting to Rs 350 crore. Search giant Google runs a program called Google for Startups Women Founders Fund and provides $100,000 in equity-free cash to female-founded startups. Saha Fund, She Capital, and StrongHer Ventures also focus on women founder-led startups.

Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital

EntrackrEntrackr ยท 14d ago
Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital
Medial

Pype AI raises $1.2 Mn in pre-seed round led by Kalaari Capital The funds will be used to enhance its healthcare communication platform and support expansion into the United States market. Pype AI, an AI front desk platform for hospitals and clinics, has raised $1.2 million in a pre-seed round led by Kalaari Capital with participation from Wyser Capital and Tenity. The funds will be used to enhance its healthcare communication platform and support expansion into the United States market. Founded in 2024 by Dhruv Mehra and Ashish Tripathy, Pype AI builds voice-based AI agents that automate tasks such as appointment scheduling, follow-ups, treatment preparation, and round-the-clock support. Trained on medical conversational datasets, the agents aim to deliver accurate and empathetic patient interactions. The company has also built Whispey, an open-source observability platform with more than 40 evaluations to ensure compliance and performance. Through integrations with hospital electronic medical records, Pype AI reduces missed appointments, lowers operational costs, and improves patient retention. Pype AI is live in several Indian healthcare facilities and claims to automate more than 85 percent of patient queries. It is integrating with Zocdoc, Epic, and Cerner while onboarding United States-based clinic networks. The startup plans to reach more than 50 hospitals and clinic chains by mid-2026 and is working with medical experts to publish research on AI-driven improvements in patient adherence.

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