Tracking pre-seed and seed rounds that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
Brain health - assessments, neuro-science backed games and clinician advised cognitive health recommendations. $1M round, including Stanford Angels, Dr. Sanjay Arora, Adarsh Narahari (Primus), Juhi Bhatnagar (Forj Capital). Founders: Issac is from marketing (Discovery, Puma); Rahul, an Antler India Resident, co-founded YAYSHOP (conversational commerce for MSMEs, acquired by Infra.Market).
Soon to launch NBFC that got its license on 11 April. It will provide microloans against property to small businesses, starting with 15 branches in MP. $2.5M seed round, apparently at a $5.9M post-money valuation. The three founders spent between 13 and 20 years each at ICICI - as Zonal Head, MFI Head, Product Head (Business Banking).
Korean/Korea-inspired lifestyle brand, retailing across four stores (BLR, HYD, Pune, Nashik) and online. Caters all things K - beauty, toys, home and more. Expanding via franchisees. ₹5CR seed round, including Arun Venkatachalam (Murugappa Group), Sangeet Agrawal and Navin Parwal (Mokobara), Yogesh Kabra (XYXX). Mohit is from sales (Lentra, Vedantu, Bjyu's); Gaurav was a Master Distributor for Revlon for a decade. Comps: Seela Mart (more grocery focused), Korikart (online) - neither seem funded. Japan inspired MINISO now has 300+ stores in India. As Forbes notes, India has seen "6.2 million posts in the last two years discussing K-drama, K-pop, and K-beauty trends, predominantly among the 19 to 24 age group." Read here: https://www.forbesindia.com/article/leadership/not-just-kpop-indians-are-in-love-with-korean-selfcare-too/94970/1
Designs and manufactures EV charging solutions including chargers for OEMs as well as public charging stations. This covers the full suite - EV chargers, connectors, vehicle charging inlets and the Charging Management System (CMS) - for 2 wheelers, 3W and 4W. The company is a key supplier to OEMs including Ather, Bajaj Auto, Greaves (Ampere). Started in 2017. $3M raise in what appears to be the company's first external round. JV between MEHER Group, Deki Electronics and Sungho Electronics.
Sets up carbon neutral Edge Data Centers (EDCs). Claims 15 centers have been set up so far, in about two years. Limited information available on this company and its clients. $500K pre-seed round. Founder Shishir is the founder of Kurativz Technologies, an IT services firm.
Sexual wellness products for women. 50K customers till date. Sold through D2C, Q-Com and selective offline retail. ₹6CR (~$700K) seed round. Angels in the round: Bala Sarda (Vahdam Teas), Saurabh Munjal (Lahori Zeera), Kirti Jangra (Animall). Founders: Sachee was a brand strategist at The Brewhouse, Himanshu has been running Creativa, his own agency, since 2010. Comps: MyMuse (Trifecta, Sauce, Saama), Bold Care (Rainmatter).
Solving prior authorization delays in cancer care using AI agents. "At a leading US cancer center, BOSS (RISA's platform) has reduced prior authorization times from 30 minutes to under five. In just a few months, it processed over $1 million in medications, freed up 80 percent of staff time, and cut administrative costs by 66 percent." $3.5M seed round. Other investors in the round: z21 Ventures, ODD BIRD VC, Ashish Gupta. Founders Kshitij, Rishabh and Kumar were at IIT Kanpur together and co-founded urbanhealth.ai - a self care AI coach funded by 3one4 and Venture Highway, amongst others.
Smart lockers and smart door locks, with mobile notifications every time these devices are used. Manufactured in-house. ₹2.25CR ($300K) seed round. Thanjavur (TN) based. Viknesh, BITS Pilani, was an engineer at GlobalFoundries and Orbit Technologies (semiconductor manufacturers). Comps: OPEN/Openapp (Unicorn India Ventures, Axilor), Atomberg (Temasek, Steadview). Mygate (Tiger Global, Prime) has also launched a product line.
Dental care at home, currently in Bengaluru. Dental cleaning starts at ₹1299. Best summed up by Bipin (Zeropearl): "Reality yeh hai ki daant sabke paas hain, dental problem almost sabke paas hai, INR 1500/session bhi sabke paas hai… par time kisi ke paas nahi. That's exactly where Cura Care comes in—bringing expert dental care to your doorstep, saving time without compromising on quality." ₹5CR pre-seed round. Angels in the round include Shripad Nadkarni (Hector) and the late Rohan Mirchandani. Founders: Abhinav comes from 82°E (Deepika Padukone), Purplle, Urban Company; Chinmay is ex Anar, Hero Electronix, Deloitte; Dr. Parminder Singh is a surgeon at Maulana Azad Institute Of Dental Sciences.
Enables athletes and coaches to upload and analyze videos for goal setting, skill improvement and progress tracking. Expanding internationally while opening an offline training centre. Undisclosed pre-seed round. Founders: Abhinav was ranked 285 worldwide (2015) by the PSA (Squash Association) and is a coach, Chetan founded Grand Slam Sports.