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.
Health-tech startup developing AI-powered diagnostic solutions for respiratory and hepato-pancreatico-biliary (HPB) diseases. Its main product bridges the gap caused by India's acute shortage of radiologists in tier 2 and smaller cities, where diagnosis is delayed by up to 10 days with error rates of up to 40%. “We're not just building AI diagnostic tools – we're saving lives by ensuring that a patient in a tier-3 city gets the same quality chest X-ray/CT/MRI/PET-CT Scan interpretation as someone in a metro hospital. Our 40.1% improvement in missed case detection, validated in Nature Scientific, proves that AI can be the great equalizer in healthcare access.” ₹4CR round from BioAngels (a part of IAN). IAN angels in this round: Nitin Zamre, Samir Kalia, Mitesh Shah. Founders: Ankit is a Professor in the Department of Nuclear Medicine, Dr Ram Manohar Lohia Institute of Medical Sciences, Lucknow; Saumya has a PhD in Public Health and was part of the Google Brain team for three years. Founded in 2020.
Platform offering digital twins for remote asset management and predictive maintenance. Little information available on the company's customers or current scale. Founded in 2016, originally as a provider of technical education using VR and AR. The current CEO, Vishnuvardhan, was the Director of Trend Instrumentation and Automation and is an instrumentation engineer by background; the former CEO and current director Karthik was briefly a product designer at Ather. ₹4CR round.
Provider of residential solar systems for residential complexes, with pilots in 13 housing societies in Mumbai, Pune and Delhi so far. The company combines AI-led energy profiling to reduce the planning stage for such projects from weeks to hours, and integrates IoT smart monitoring to track real time performance. $500K seed round. Angels in the round: Raghunandan G (Zolve), Amit Lakhotia (Park+), Ankit Gupta (Brookfield), Hari Krishnan Nair (Great Learning). Founders: Akshat has been the founder of Nessa Illumination Technologies (LED lighting solutions) for 15 years; Ankush is from Enerture Technologies and Lanco Solar Energy (both are solar EPCs). Comps: SolarSquare (Lightspeed, rooftop solar for residential complexes, homes and commercial). Companies like Fourth Partner Energy (last raise: $275M) started with residential and small commercial projects a decade ago, before graduating to large scale projects for industry.
Womens wear brand for pregnant women and new moms. Redesigning maternity wear keeping the mother in mind as much as the baby. It has an online community of 250K mothers across India. ₹7CR seed round. Founders: Hina was a manager for supply analytics at Reckitt for four years; Mayank is from Myntra, Trell and Tolexo. Founded in Nov 2021. Comps: Mamaearth, HunyHuny.
Pain care brand with a range of products (e.g. healing creams and oils) for joint pain, migraines, back pain and arthritis. Pain relief is a ₹16K CR (~$1.8B) market in India. The company has future plans to launch new products (muscle recovery), expand its AI-driven physiotherapy app and deliver at-home pain management sessions. ₹2.8CR seed round. Angels in the round: Pawan Gupta (Fashinza), Amit Baid (10X Growth Ventures), Nidhish Mundra (Oaktree). Founders: Anshul was an engineer at Coupa Software and TradeFin; Manu was an EIR at Times Internet and Smile Group. Founded in Dec 2022. Comps: FlexifyMe (Pre-A this week: IvyCap, Signal Ventures, GSF) offers online physiotherapy sessions (AI + in-person) as well as in centres.
Electronics manufacturer with its own brand of mini-UPS and multi-device chargers. The company has a 41% share of the mini-UPS market. ₹5CR round by Ramesh Kannan, founder of Kaynes Technology India Limited (electronics manufacturing services, $5B market cap). The CEO made interesting points on raising for hardware companies in India, over here: https://www.entrepreneur.com/en-in/news-and-trends/cuzor-bags-rs5-cr-seed-funding-from-kaynes-longer/496571. Founders: Sachin was SVP of Product Engineering at Ottomate International and managed product development at Lava; Saurabh co-founded Fydl (smart collars for pets) and is also from Lava. Founded in Nov 2020.
AI co-pilot for brands to manage growth marketing and related functions for their quick commerce operations. Helps with hyperlocal inventory management, improving brand visibility, optimizing pricing and ad campaign targeting. The differentiation is real-time analytics and automation. Pre-seed round of an undisclosed amount. Founders: Satwik (NSIT) is from Walmart (engineer working on omnichannel solutions); Ritvik (NSIT) is from Microsoft (engineer) - after which they co-founded SuperCrew, an agency which helped D2C brands with growth marketing and tech. Founded in Oct 2024.
Kitchenware brand that launched this year with a range of enamel cast iron products - pots and pans, tawas and kitchen tools. This is a premium brand, priced at ₹4,999 for a small pan. 7,000 customers till date. The product portfolio will expand to 80+ products by year end. $1.5M seed round. Founders: Niharika (ISB) was the Head of B2B Growth for Workplace at Meta and VP for B2B Sales at Noise; Udit (also ISB) is from Monitor Deloitte, EY-Parthenon, Zomato (Head of Growth and Partnerships) and Mastercard (Director - Growth). Comps: incumbents Le Creuset and KitchenAid.
Petcare services at home, in Mumbai. Currently provides grooming services, with 3,000 clients so far, at a ₹1,500-2,000 price point. It employs cat groomers, an under-addressed segment in the pet care market. $200K angel round with investors undisclosed. Founders: Aditi was with P&G for close to seven years; Anshika spent twelve years between P&G and Mondolez. Comps: IncrediPets (GSF), Sploot (InfoEdge).
D2C grocery brand with freshly processed kitchen staples (cold-pressed flours, wood-pressed oils, spices, dry fruits). Distribution is via its own omnichannel model with a store in Gurgaon and 90 minute delivery. Plans to open 10 outlets in Delhi NCR. $1.1M pre-seed round. Other investors in the round: Indigram Labs Foundation. Founders: Yatish (Manipal Tech.) was the Founder & CEO of Milkbasket for close to nine years; Shailendra founded Veggie India which was acquired by Milkbasket, which he then joined for six years. Founded in Sep 2024. Comps: India's market for staples is dominated by legacy brands - Aashirvaad, Fortune, Pillsbury.