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.
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.
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."
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.
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).
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.
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.
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).
Wearable device for mental health. The device sends calming signals in 10 minute sessions to the brain’s "relaxation centres", helping users reduce stress and anxiety. How does it do that? - it stimulates the vagus nerve (our longest cranial nerve that stretches from our brain to abdomen) with electrical signals. Tested on a thousand users and endorsed by 100 specialists. ₹12K+ price, pre-orders at ₹8k. ₹4.5CR (~$525K) pre-seed round. Angels in the round: Arjun Vaidya (V3), Sharan Hegde (finfluencer), Ritesh Agarwal (OYO)l, Aman Gupta (BoAt). The startup had earlier raised ₹2CR (~$230K) in the first tranche of this round from government bodies - SISFS, MeitY Startup Scheme, NGIS, (BIRAC). Mental health comps: many, but they're not device-centric. Founders: Siddhant ran a startup delivering keto-meals; Shalmali ran a climatetech startup.
OSSO = One Stop Solution for Orthopaedics. Omnichannel orthopaedics platform, with it's first centre in Gurgaon. $250K pre-seed round by Blume Founders Fund and angels including Sahil Jindal (DS Jindal Group), Akash Gupta (Zypp Electric), Varun Sheth / Zaheer Adenwala (Ketto), Brijraj Bhuptani (SPRY), Umesh Agarwal (Haldiram’s Family Office). Kunal was the founder of Navia Life Care (healthcare CRM), ex-Dr Reddy's, Fresenius. Avani is also a former founder with degrees in Molecular Biology. Comps: GSF/IvyCap funded FlexifyMe; Endiya funded Nivaan Care. Everyone is going omnichannel.
Digital speech therapy for stuttering and other communication disorders. Eloquent, it's first app, has resulted in a 53% reduction in stuttering severity and a 34% improvement in communication confidence. $500K pre-seed round. The founder was most recently Chief Data Scientist at DeepTek (AI in Radiology), while the CTO was also a data scientist at the same firm.