DEAL TRACKER

Tracking pre-seed and seed rounds that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Investors
Founders
Wk 24 (9-15 Jun)

Microbiome-based life sciences company, with a customer facing solution to improve gut health. ₹4CR pre-seed round. Founders: CEO Bipin was co-founder at Gaia Smart Cities (IOT devices for trains and airports); the Chief of Science and Technology has been a Senior Research Scientist at The Systems Biology Institute in Japan for 17 years; and the CEO of SBX Technologies (Japan) for a decade; Hiroaki Kitano, the Chief of Research and Collaboration, is the Head of the The Systems Biology Institute.

June 12, 2025
Fundraise news
Investors
Founders
Jun 6
Wk 23 (2-8 Jun)

Preventive healthcare startup focused on wellness and longevity. The company provides personalised health services through in-house clinics, combining molecular diagnostics, high-resolution imaging and non-invasive testing. The first clinic opened in Bengaluru this March. It caters to two types of customers : those improving their overall health and performance; and those managing chronic or complex problems. "“We’re at a rare moment in time - where advances in molecular science, AI, and diagnostic precision now make it possible to understand the body like never before and take highly customised, timely actions to maximise your healthspan". $3.5M seed round led by Accel's Prashanth Prakash. Founders: CEO Rishi was the CEO of United Breweries for 3 years, was a VP at Avery Dennison (manufacturer of adhesive labels and other branding solutions for apparel retailers) for 9 years and was with Unilever for over 13 years. CTO Shiva has been the Chairman of Connect Ventures for 20 years, which "operates as a collaborative network of companies dedicated to advancing Health, Performance and Sustainability Initiatives".

June 6, 2025
Fundraise news
Investors
Founders
May 16
Wk 20 (12-18 May)

Medical devices company. It's first product, NoWound, is a negative pressure wound therapy (NPWT) device designed for controlled healing of complex wounds. NPWT is a treatment method that uses a device to create suction on a wound, promoting healing. ₹8.4CR pre-seed round towards expanding its product range and building distribution across hospitals, clinics and for home-care. Angels in the round: founders of Tata 1mg, NephroPlus, SafeExpress, Eye Q Hospital, Hexa Health, AstroTalk. Founders: The CEO comes from Tata 1mg, Pristyn Care and most recently, as CBO of Antara Senior Care; the COO is from Pristyn, Apollo Hospitals and E&Y.

May 16, 2025
Fundraise news
Investors
Founders
Wk 20 (12-18 May)

Platform focused on personalized lifestyle coaching to improve cancer-care outcomes for patients in the US. Dedicated coaches provide personalized daily guidance for lifestyle modification - focusing on physical activity, nutrition and mind-body practices. $16M seed round. Founders: CEO Karan Bajaj was the Founder & CEO of WhiteHat Jr. (acquired by Byju's); Co-Founder Trupti Mukker also served as CEO of WhiteHat Jr. after Karan stepped down.

May 14, 2025
Fundraise news
Investors
Founders
Wk 19 (5-11 May)

This is Policybazaar's healthcare venture, led by it's founder Yashish Dahiya. The company was incorporated on the 1st of January this year and aims to set up a 1,000 bed hospital network in Delhi NCR. The company will operate hospitals itself, with 4-5 locations (600-800 beds) to be set up over the next year. The idea is to integrate insurance and healthcare seamlessly - removing pre-authorizations, simplifying claims, reducing avoidable surgeries with preventative healthcare. This is a $218M seed round at a $243M valuation. It appears to be tranched. So far PB Fintech (Policybazaar's parent) has invested $62M for a 26% stake; General Catalyst has invested $50M for 20.57%; while Dahiya, co-founder Alok Bansal and other execs have invested ~$15M. PB Fintech itself made ₹1,292CR in Q3 FY25 with a ₹72CR profit. In a similar move coming from the opposite direction, Narayana Hrudalaya launched its insurance arm last year. Private hospital chains in India will add over 10K beds over the next three years - 3500 by Apollo, 3700 by Max, 2200 by Fortis and 1700 by Aster. Hospital chains are growing revenues 12-14% a year with ~22% operating margins, according to ICRA. 40M Indians buy health insurance annually - while premium's have been going up 15% a year, incomes haven't been keeping pace. As noted in the Financial Express, "a study by the Insurance Brokers Association of India (IBAI) study found that in FY23, insurers settled 86% of claims by count, but paid only 51% of the total claim value. While insurers blame over-treatment and inflated bills, hospitals argue that rising equipment costs are to blame."

May 9, 2025
Fundraise news
Investors
Founders
May 5
Wk 19 (5-11 May)

Gut-health D2C brand, as the name suggests. It offers at-home testing kits (a saliva-based pH test for acidity) along with clinically validated Ayurveda-inspired nutraceutical supplements. $360K raised in this extended seed round. It has previously raised $500K at seed. Founders: Mukul, ex-NestAway, was the Founder & COO of YoloBus. Mansi is ex-Honeywell and managed Customer Experience at YoloBus.

May 5, 2025
Fundraise news
Investors
Founders
Apr 21
Wk 17 (21-27 Apr)

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).

April 21, 2025
Fundraise news
Investors
Founders
Apr 17
Wk 16 (14-20 Apr)

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.

April 17, 2025
Fundraise news
Investors
Founders
Wk 14 (31 Mar-6 Apr)

AI-integrated medical device for early disease detection - scans a person's health in 60 seconds without the need for a doctor. 700 biomarkers are monitored with patents in India (US pending). ₹6.6CR (~$770K) seed round. Other investors in the round: Sanchi Connect. Both founders are engineers: Saniya started almost straight out of the Symbiosis University of Applied Sciences; Lokant out of IIM-Lucknow. (BTech at IET DAVV Indore). Comps: Prantae Solutions (IAN); Neuranics (IPV) - much more specific use cases.

April 4, 2025
Fundraise news
Investors
Founders
Wk 14 (31 Mar-6 Apr)

Musculoskeletal (MSK) care - in centre and online. First centre in HSR - 12K sessions in 8 months. Six more centres coming up in Bangalore this year, followed by another city next year. $1M pre-seed round, including angels: Sriharsha Majety + Nandan Reddy (Swiggy), Kulin Shah (Onsurity). Founders: Rohit is from Dukaan, Bounce; Ninad from Portea, Swiggy, Pine Labs. Comps: OSSO (Blume Founders Fund, funded last week); FlexifyMe (GSF/IvyCap/Flipkart Ventures); Nivaan Care (Endiya).

April 2, 2025
Fundraise news