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	<title>Inflection Point Ventures - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Tech-First Laundry Startup Revivo Raises undisclosed amount in PreSeed Series A Round Led by Inflection Point Ventures</title>
		<link>https://newsmantra.in/tech-first-laundry-startup-revivo-raises-undisclosed-amount-in-preseed-series-a-round-led-by-inflection-point-ventures/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 09 Jan 2025 09:11:24 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[PreSeed Series A Round]]></category>
		<category><![CDATA[Revivo Raises]]></category>
		<category><![CDATA[Tech-First Laundry]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=53791</guid>

					<description><![CDATA[<p>Revivo is revolutionizing India’s $47.9 billion laundry and dry-cleaning industry through a tech-first, asset-light D2C model, ensuring convenience, transparency, and sustainable practices. The funds will be utilized for technology upgrades, branding, and team building to drive operational efficiency and scale market reach. So far, Inflection Point Ventures (IPV) has invested...</p>
<p>The post <a href="https://newsmantra.in/tech-first-laundry-startup-revivo-raises-undisclosed-amount-in-preseed-series-a-round-led-by-inflection-point-ventures/">Tech-First Laundry Startup Revivo Raises undisclosed amount in PreSeed Series A Round Led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;">Revivo is revolutionizing India’s $47.9 billion laundry and dry-cleaning industry through a tech-first, asset-light D2C model, ensuring convenience, transparency, and sustainable practices.</li>
<li style="font-weight: 400;">The funds will be utilized for technology upgrades, branding, and team building to drive operational efficiency and scale market reach.</li>
<li style="font-weight: 400;">So far, Inflection Point Ventures (IPV) has invested over INR 800 Cr across 210+ startups.</li>
</ul>
<p style="font-weight: 400;"><strong>Gurugram, 9th January 2025</strong> – Revivo, tech-first laundry and dry-cleaning startup has successfully raised undisclosed amount in a PreSeed Series A Round led by Inflection Point Ventures (IPV). The funds will drive technology enhancements, strategic branding efforts, and talent acquisition to accelerate growth and strengthen market positioning.</p>
<p style="font-weight: 400;">Revivo is disrupting the fragmented laundry industry with its D2C model, leveraging advanced technology and strategic partnerships with local service providers. With operations across Gurgaon and Delhi, Revivo processes over 5,000 orders monthly and manages 3 lakh garments every month, all while prioritizing sustainability with eco-friendly packaging and reusable delivery boxes.</p>
<p style="font-weight: 400;">REVIVO is co-founded by Khushboo Gupta, an FMS alumna with expertise in research, analytics, and people management, and Vikas Agarwal, an IIT-IIM graduate with over a decade of experience in marketing and business development. Their combined vision drives REVIVO’s strategic growth and operational excellence.</p>
<p style="font-weight: 400;"><strong>Mitesh Shah, Co-Founder, Inflection Point Ventures, says:</strong> “Laundry and dry-cleaning industry has always been an important part of urban culture. Families are busy taking care of kids, elders, partners, and demanding careers; this often leaves limited time for household chores. Recognising this, Revivo assists hundreds of urbanites manage their laundry, dry cleaning, premium laundry, ironing, carpet and upholstery cleaning, etc, right from pick-up to delivery at a highly competitive price. We believe this idea has a lot of potential for growing India where people want to prioritise productivity more than ever.”</p>
<p style="font-weight: 400;">Revivo stands out with its technology-driven, asset-light, and highly scalable business model. Supported by 15+ trusted processing partners and a dedicated logistics fleet, Revivo ensures seamless and reliable garment care services.</p>
<p style="font-weight: 400;"><strong>Khushboo &amp; Vikas, Co-Founders, Revivo, say:</strong> “At REVIVO, we are revolutionizing the laundry industry by combining convenience, quality, and eco-conscious practices. As pioneers in introducing quick commerce ironing services to meet daily needs, we’ve set a new benchmark with our 6-hour turnaround time. Leveraging unorganized players while ensuring consistent quality and timely delivery, we are committed to simplifying everyday chores with trusted, innovative solutions. REVIVO is not just a service—it’s a promise to make life easier, one perfectly laundered piece at a time.”</p>
<p style="font-weight: 400;">The startup has achieved significant milestones, including being selected for the prestigious Gurukul Accelerator Program, introducing an innovative 6-hour ironing service, and earning recognition in Entrepreneur Today’s 35 Under 35 list.</p>
<p style="font-weight: 400;">India’s laundry and dry-cleaning market, valued at $47.9 billion, remains largely unorganized, with 95% of players operating independently. Revivo aims to capture $1 billion in market share over the next decade.</p>
<p>The post <a href="https://newsmantra.in/tech-first-laundry-startup-revivo-raises-undisclosed-amount-in-preseed-series-a-round-led-by-inflection-point-ventures/">Tech-First Laundry Startup Revivo Raises undisclosed amount in PreSeed Series A Round Led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler</title>
		<link>https://newsmantra.in/sustainable-investment-platform-sustvest-raises-1-7-million-in-pre-series-a-round-led-by-inflection-point-ventures-and-antler/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 10:24:27 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[Antler]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[SustVest]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=53057</guid>

					<description><![CDATA[<p>SustVest is India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&#38;I consumers to access zero-cost solar projects, reducing electricity costs by up to 50%. The funds will be allocated toward acquiring solar projects, covering marketing expenses...</p>
<p>The post <a href="https://newsmantra.in/sustainable-investment-platform-sustvest-raises-1-7-million-in-pre-series-a-round-led-by-inflection-point-ventures-and-antler/">Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;">SustVest is India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&amp;I consumers to access zero-cost solar projects, reducing electricity costs by up to 50%.</li>
<li style="font-weight: 400;">The funds will be allocated toward acquiring solar projects, covering marketing expenses with the launch of the regulated platform, managing operations and legal expenses.</li>
<li style="font-weight: 400;">So  far, Inflection Point Ventures has invested over INR 800 Cr across 260+ startups.</li>
</ul>
<p style="font-weight: 400;"><strong>Gurugram, 23rd December 2024</strong> : Sustainable Investment Platform SustVest Raised $1.7 Million in Pre-Series A Round in mix of equity and debt Led by Inflection Point Ventures and Antler along with participation from WEH ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will drive key business growth initiatives, including acquiring solar projects, scaling marketing with the regulated platform launch, strengthening operations, and covering legal expenses.</p>
<p style="font-weight: 400;">SustVest specializes in sustainable investments in renewable energy. The platform has achieved over ₹43 Cr in Assets Under Management (AUM) with 9.3 MW of solar installations, distributing over ₹5.7 Cr in energy income and saving over 94 lakh kgs of carbon emissions.</p>
<p style="font-weight: 400;">Co-founders Hardik Bhatia (CEO) and Devansh Shah (CTO) bring deep industry expertise. Hardik, a B.E. in Computer Science from BITS Pilani, had a family background in the solar business and extensive fintech experience. Devansh, also a BITS Pilani graduate in Finance and Computer Science, is a tech innovator.</p>
<p style="font-weight: 400;"><strong>Mr. Ankur Mittal, Co-Founder, Inflection Point Ventures, says: </strong>“Many smaller investors find it difficult to invest in renewable energy due to high entry barriers. SustVest solves this by offering fractional ownership in renewable energy projects for investing. By doing so, SustVest is making sustainable investments more accessible to a broader audience and democratizing the renewable energy projects. In turn, helping investors earn passive income and promote the growth of clean energy initiatives.”</p>
<p style="font-weight: 400;">SustVest offers investors fixed-income opportunities with environmental impact while enabling C&amp;I consumers to access zero-cost solar projects at up to 50% lower tariffs. Their portfolio includes renowned clients such as Lodha Group, Hitachi, Mahle Group, Subros Ltd, CISF, NSG, CRPF, and others.</p>
<p>SustVest serves investors across the globe with seamless KYC processes via its regulated platform. Its projects span key locations, including Maharashtra, Himachal Pradesh, and more.</p>
<p style="font-weight: 400;"><strong>Hardik Bhatia, Co-Founder and CEO, Sustvest, says</strong>,” The investment opportunities once reserved for the ultra-wealthy are now accessible to all through SustVest, democratizing renewable energy investments. We’re building a gateway for EPCs to access finance for the OPEX model, bridging critical gaps in the ecosystem. IPV has been exceptional in understanding our vision and supporting us on this journey with their expertise, enabling us to scale our impact and bring clean energy closer to everyone.”</p>
<p style="font-weight: 400;">India’s rooftop solar market presents a $405.63 billion opportunity, with 7.6 million MSMEs fit for solar integration. The alternative investment market in India is expected to reach $11.8 billion, driven by 99 million individuals earning over ₹15 lakh annually.</p>
<p>The post <a href="https://newsmantra.in/sustainable-investment-platform-sustvest-raises-1-7-million-in-pre-series-a-round-led-by-inflection-point-ventures-and-antler/">Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures</title>
		<link>https://newsmantra.in/healthcare-diagnostics-startup-neuranics-raises-700k-us-funding-in-seed-round-led-by-inflection-point-ventures/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 05 Dec 2024 07:09:54 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[Neuranics]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=51400</guid>

					<description><![CDATA[<p>Neuranics develops a breakthrough point-of-care blood analyzer capable of delivering complete blood count (CBC) results under 10 minutes using just a finger-prick sample, requiring no liquid reagent and additional maintenance. The funds will be utilized for technology development and clinical validation, enabling the company to progress towards commercial production post-CDSCO...</p>
<p>The post <a href="https://newsmantra.in/healthcare-diagnostics-startup-neuranics-raises-700k-us-funding-in-seed-round-led-by-inflection-point-ventures/">Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;">Neuranics develops a breakthrough point-of-care blood analyzer capable of delivering complete blood count (CBC) results under 10 minutes using just a finger-prick sample, requiring no liquid reagent and additional maintenance.</li>
<li style="font-weight: 400;">The funds will be utilized for technology development and clinical validation, enabling the company to progress towards commercial production post-CDSCO licensing.</li>
<li style="font-weight: 400;">Neuranics has achieved key milestones, including a patent granted, receiving the CDSCO Test License, Ethical Approval from AIIMS Delhi, and advancing through clinical trials to decentralize routine diagnostics for faster, more accessible healthcare solutions.</li>
<li style="font-weight: 400;">So far, Inflection Point Ventures has invested over INR 790 Cr across 210+ startups</li>
</ul>
<p style="font-weight: 400;"><strong>Gurugram, 5th December 2024</strong>– Neuranics, a healthcare diagnostics startup, has successfully raised $700K USD funding in a seed round led by Inflection Point Ventures (IPV). The funds will be utilized for technology development and clinical validation, enabling the company to accelerate its mission to revolutionize blood diagnostics.</p>
<p style="font-weight: 400;">Neuranics is developing a point-of-care blood analyzer capable of delivering complete blood count (CBC) results in less than 10 minutes using just a finger-prick sample. The device, designed for primary and emergency settings, offers low maintenance and high efficiency, making it a game-changer for the healthcare industry.</p>
<p style="font-weight: 400;">Having accurate CBC results available immediately at the point of care, while the physician is still with the patient, allows for better-informed decisions regarding triage, additional testing, and treatment as delays are no longer caused by transport and preparation of clinical samples.This approach benefits not only the patient, who experiences improved outcomes, but also the physician, who can diagnose, triage, and treat with greater confidence. Society also reaps the rewards through reduced healthcare costs and enhanced quality care. Unnecessary, costly, and potentially harmful medications, such as inappropriate antibiotics, can be avoided. At the same time, life-saving treatments for critical conditions like sepsis, severe anemia, and thrombocytopenia, especially in dengue patients, can be initiated promptly, ensuring timely and effective care.</p>
<p style="font-weight: 400;">With their compact dry haematology design and efficiency in delivering results directly at the point of care, Neuranics is ideally suited to address this need effectively.</p>
<p style="font-weight: 400;">Founded in 2021 by Praveen Kumar (Co-founder &amp; CEO) and Ashutosh Patra (Co-founder &amp; CTO), Neuranics addresses critical gaps in diagnostics, particularly in primary screening. Praveen, an <strong>IIT Delhi graduate</strong>, brings extensive experience in healthcare technology, having previously worked with the government on projects like Corona Kavach and<strong> Aarogya Setu</strong>. Ashutosh, an alumnus of the <strong>SiB(Previously Stanford India Biodesign)  Program at AIIMS</strong>, leads product innovation at Neuranics with expertise in optical sensing technologies and mechanical engineering.</p>
<p style="font-weight: 400;"><strong>Mitesh Shah, Co-founder of IPV, says</strong>, “Neuranics is tackling the problem of lengthy and complex blood testing processes with their point-of-care blood analyzer that makes complete blood count diagnosis faster and easier. This significantly improves patient care, especially in urgent cases. IPV believes in the startups innovative technology and envisions a future where the startups bring out more such necessary tools”.</p>
<p style="font-weight: 400;"><strong>Dr Megha Sharma, MD Pathologist and Chief Medical Evangelist at Neuranics says, “</strong>Our point-of-care CBC analyzer represents a significant leap forward in diagnostic convenience and accessibility. By utilizing a simple finger-prick capillary blood sample. We have effectively eliminated the need for traditional venipuncture, making blood testing faster, less invasive, and more patient-friendly. This technology empowers healthcare providers to deliver immediate, actionable insights, even in resource-limited settings, ultimately improving patient outcomes especially in Primary health care centres for screening and at emergency setups for triage<strong>. ”</strong></p>
<p style="font-weight: 400;">The company has achieved significant milestones, including a patent granted, receiving the CDSCO Test License, Ethical Approval from AIIMS Delhi, and progressing through clinical trials. Neuranics also gained recognition at Yourstory Tech30, Amazon-Sambhav and India-Sweden Innovation Challenge for its potential to decentralize routine diagnostics, offering quicker and more accessible screening for conditions such as anemia, thalassemia, malaria, and leukemia.</p>
<p style="font-weight: 400;"><strong>Praveen Kumar, Co-founder &amp; CEO of Neuranics, says</strong>, “We are re-imagining how we approach diagnostics by bringing instant, accurate blood analysis closer to the patient without compromising on the quality. Our technology empowers clinicians with real-time data, transforming care delivery and elevating patient outcomes.</p>
<p style="font-weight: 400;">By leveraging AI on de-identified pathological imaging data generated by our analyzer, we aim to set a new gold standard for national screening programs. This innovative technology will elevate healthcare quality in India and establish the country as a global leader in point of care blood analyser.</p>
<p style="font-weight: 400;">We thank IPV for being with us in this journey. Working with IPV has been a streamlined and transformative experience. Their investment and guidance have empowered us to scale faster, innovate further, and bring our vision to life. IPV&#8217;s efficient processes and industry connections have been instrumental in our journey.”</p>
<p style="font-weight: 400;">Neuranics operates in the fast-growing diagnostics industry, with the global CBC market projected to reach $50 billion, expanding at a CAGR of 8-10%. The company&#8217;s focus and expertise in precision robotics, machine vision, and microfluidics positions it as a leader in the next generation of diagnostic technologies.</p>
<p>The post <a href="https://newsmantra.in/healthcare-diagnostics-startup-neuranics-raises-700k-us-funding-in-seed-round-led-by-inflection-point-ventures/">Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Samantha Prabhu Joins Secret Alchemist as Co-Founder After $500K Seed Round from IPV</title>
		<link>https://newsmantra.in/samantha-prabhu-joins-secret-alchemist-as-co-founder-after-500k-seed-round-from-ipv/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 03 Oct 2024 05:33:43 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[Samantha Prabhu]]></category>
		<category><![CDATA[Secret Alchemist]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=47146</guid>

					<description><![CDATA[<p>●        Secret Alchemist is an aromatherapy-based, wellness-driven personal care brand focused on simplifying wellness and making it accessible for everyone across all walks of life. ●        The Round also saw participation from Siddharth Shah, founder, Pharmeasy and Rishubh Satiya, founder, Plix ●        Funds raised will be used for scaling up operations, building inventory...</p>
<p>The post <a href="https://newsmantra.in/samantha-prabhu-joins-secret-alchemist-as-co-founder-after-500k-seed-round-from-ipv/">Samantha Prabhu Joins Secret Alchemist as Co-Founder After $500K Seed Round from IPV</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><span lang="EN-US">●        </span><i><span lang="EN-US">Secret Alchemist is an aromatherapy-based, wellness-driven personal care brand focused on simplifying wellness and making it accessible for everyone across all walks of life.</span></i></p>
<p><span lang="EN-US">●        </span><i><span lang="EN-US">The Round also saw participation from Siddharth Shah, founder, Pharmeasy and Rishubh Satiya, founder, Plix</span></i></p>
<p><span lang="EN-US">●        </span><i><span lang="EN-US">Funds raised will be used for scaling up operations, building inventory ahead of the festive season, team expansion and marketing</span></i></p>
<p><span lang="EN-US">●        </span><i><span lang="EN-US">With actor Samantha Prabhu joining as the third partner, she brings her strong connection and affiliation to wellness, further expanding the brand&#8217;s reach.</span></i><i><span lang="EN-US"> </span></i></p>
<p><b><span lang="EN-US">Mumbai, 3rd October 2024</span></b><span lang="EN-US"> — Secret Alchemist, a holistic aromatherapy-based wellness brand, announces the joining of versatile actress Samantha Prabhu as a co-founder. Secret Alchemist has also raised $500,000 in a seed round led by Inflection Point Ventures (IPV).</span></p>
<p><span lang="EN-US">With a keen focus on personal care and making aromatherapy accessible to a diverse audience, Secret Alchemist plans to use the funding strategically for growth. The funding will allow Secret Alchemist to ramp up their marketing efforts while increasing brand presence, customer reach and awareness. The product portfolio also sees expansion with pure-grade essential oils for a holistic wellness experience in the form of creams, mists and shower gels.</span></p>
<p><span lang="EN-US">Commenting on the fund raise, <b>Vinay Bansal, Founder CEO, Inflection Point Ventures</b>, said, “The beauty segment in India saw a surge in the &#8217;90s, which unfortunately brought unrealistic standards. Secret Alchemist is redefining this by promoting mindful, affordable products that encourage well-being and relaxation. IPV believes in the team&#8217;s strong foundation and is committed to supporting their sustainable growth.&#8221;</span></p>
<p><span lang="EN-US">Co-founded by Ankita Thadani and Akash Valia, Secret Alchemist boasts a 30-year legacy in aromatherapy. With a mission to transform personal care through wellness, the brand offers natural, premium ingredients, focusing on aromatherapy and essential oil-based solutions that are natural, sustainable, and non-toxic.</span></p>
<p><span lang="EN-US">Samantha’s presence is also a seamless fit into the brand ethos with her deep connection to wellness. In addition to her widespread popularity, Samantha’s reach &amp; influence in in the South Indian markets, add a vital dimension to the team, alongside Ankita and Akash.</span></p>
<p><span lang="EN-US">“At Secret Alchemist, our vision is to make aromatherapy an essential part of everyday wellness” says <b>Ankita Thadani, Co-founder at Secret Alchemist</b> “We aim to educate and inspire more people about the transformative healing properties of essential oils through purpose-driven personal care products.  Samantha’s personal journey with aromatherapy perfectly aligns with our philosophy of addressing wellness at its roots, and together we plan to utilize the new funds to expand our product line, invest in brand building, and enhance our customer reach while deepening our impact in the personal care industry,” she adds.</span></p>
<p><b><span lang="EN-US">Samantha Prabhu, Co-founder, Secret Alchemist</span></b><span lang="EN-US">, further adds, “When I was on my healing journey and went for treatment abroad, aromatherapy became an unexpected source of comfort and healing for me. I realized just how much the healers in the West were making use of the power of essential oils to bring well-being. It made a big difference to my health that when I returned, I started searching for a brand that I could trust. And that’s when I found Secret Alchemist. After trying their oils and feeling their impact firsthand, I knew this wasn&#8217;t something I wanted to keep a secret. I wanted to share it with the world. It’s not just about investing in a brand—it’s about believing in the power of natural remedies to bring true well-being. I’m proud to be a part of this journey.<b> “</b></span><b></b></p>
<p><span lang="EN-US">The beauty and personal care market in India is valued at $31.5 billion, with a robust 30% year-on-year growth. The direct-to-consumer (D2C) body care segment, valued at $2.6 billion, is rapidly expanding. Secret Alchemist is well-positioned to tap into this high-growth niche, targeting consumers who seek sustainable, natural, and wellness-focused products.</span></p>
<p>The post <a href="https://newsmantra.in/samantha-prabhu-joins-secret-alchemist-as-co-founder-after-500k-seed-round-from-ipv/">Samantha Prabhu Joins Secret Alchemist as Co-Founder After $500K Seed Round from IPV</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Wundrsight raises USD 400K in a Seed Round led by Inflection Point Ventures</title>
		<link>https://newsmantra.in/wundrsight-raises-usd-400k-in-a-seed-round-led-by-inflection-point-ventures/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 12 Sep 2024 08:17:05 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[Wundrsight]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=45625</guid>

					<description><![CDATA[<p>Wundrsight is revolutionizing therapy by digitizing therapeutic protocols for specific mental health conditions using Virtual Reality. Funds will be utilized to deepen partnerships with hospitals, clinics, and rehab centers across India,while enhancing platform development, obtaining regulatory approvals, and scaling operations in major cities. So far, Inflection Point Ventures has invested...</p>
<p>The post <a href="https://newsmantra.in/wundrsight-raises-usd-400k-in-a-seed-round-led-by-inflection-point-ventures/">Wundrsight raises USD 400K in a Seed Round led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;"><em>Wundrsight is revolutionizing therapy by digitizing therapeutic protocols for specific mental health conditions using Virtual Reality.</em></li>
<li style="font-weight: 400;"><em>Funds will be utilized to deepen partnerships with hospitals, clinics, and rehab centers across India,</em><em>while enhancing platform development, obtaining regulatory approvals, and scaling operations in major cities.</em></li>
<li style="font-weight: 400;"><em>So far, Inflection Point Ventures has invested over INR 720 Cr across 200+ startups</em></li>
</ul>
<p style="font-weight: 400;"><strong>Bangalore, 12th September 2024</strong> – Wundrsight, a Digital Therapeutics startup has secured $400K in seed round led by Inflection Point Ventures. Social Alpha has also joined the round along with other angel investors. This investment will enable Wundrsight to expand its network of hospital and clinic partnerships across India and accelerate the development of its innovative VR-based mental health solutions.</p>
<p style="font-weight: 400;">Wundrsight is first in India to build Virtual Reality and AI based therapy platform for mental healthcare management Established in 2022, the company focuses on digitising and standardising mental health therapy using the immersive nature of Virtual Reality (VR). Their mission is to deliver accessible, effective, and personalized care for various mental, behavioral and neurocognitive health conditions, including Substance Use Disorders, OCD, Anxiety, Phobia, Autism, Dementia and more. They have also been backed by Meta (Facebook parent), DLabs at Indian School of Business, IIT Mandi Catalyst, NASSCOM and others.</p>
<p style="font-weight: 400;">Raunak Swarnkar, Co-founder &amp; CEO, an IIT GN-Alumni, brings over 5 years of experience leading product development across AI/ML, B2B SaaS, and R&amp;D in Neuroscience and medical devices, with previous roles at TCS R&amp;D, IBM, and RedSeer Consulting. Nishtha Budhiraja, Co-founder &amp; Chief Medical Officer, a psychologist with 10+ years of experience, has worked with over 5000 patients and holds a degree from the University of Essex, with prior clinical leadership roles at Loop Health, Cult.Fit. Together, they are on a mission to build technology to solve for the current inefficiencies in delivering quality mental healthcare treatment to patients.</p>
<p style="font-weight: 400;"><strong>Vikram Ramasubramanian, Partner, Inflection Point Ventures</strong> <strong>says</strong>, “The mental health crisis is more alarming than ever; solving it with just traditional methods is often limited to accessibility, personalized treatment, and engagement. Many people start therapy but frequently drop off due to ineffective retention and engagement strategies. Wundrsight is at the forefront of addressing these issues by bringing in digital therapeutic and mixed reality technology like Virtual Reality to create personalized, immersive, and effective mental health care experiences. VR augments current solutions, helping to retain and engage users more effectively, ensuring they achieve their results. At IPV, we believe in Wundrsight’s vision to make mental wellness accessible to all through technological innovation.”</p>
<p style="font-weight: 400;">Wundrsight stands out with its passionate team, boasting decades of experience in mental healthcare and cutting-edge product development. Wundrsight’s VR solutions have already proven successful in reducing therapy session times by up to 30%, saving time and money while delivering superior patient outcomes. With a focus on evidence-based practices, they&#8217;re pioneering VR therapy in India, backed by CDSCO Registration, ISO certifications and CTRI-registered clinical trials.</p>
<p style="font-weight: 400;">Currently operating in 3 metro cities, they have already secured contracts with over 5 hospitals, with additional partnerships with leading private and government hospitals underway. Offering more than 6 VR therapy products, the startup has successfully treated over 1000 patients across various mental health conditions, including Substance Use Disorders, OCD, Anxiety, Phobia, and Autism, with clinician-administered therapies.<strong> </strong></p>
<p style="font-weight: 400;">“We’re at a pivotal moment in mental health care, especially now as innovative software-based medical devices are getting regulatory approvals for prescriptions,” said <strong>Raunak Swarnkar, Co-Founder &amp; CEO of Wundrsight.</strong> “Hospitals and clinics globally face immense pressure to provide high-quality, scalable mental health services despite a shortage of clinicians. Our VR-based solutions not only reduce the need for medication but also enhance clinician efficiency, allowing for safe, standardized and effective treatments. This funding will help us expand our reach and impact in India and APAC. We look forward to entering the US market next where VR therapy has received CPT codes for reimbursement from insurance providers.”</p>
<p style="font-weight: 400;">India Mental Health Market Valuation is projected to reach approximately USD 62.86 billion by 2032, up from USD 6.89 billion in 2023, with a compound annual growth rate (CAGR) of 28.16%1.</p>
<p>The post <a href="https://newsmantra.in/wundrsight-raises-usd-400k-in-a-seed-round-led-by-inflection-point-ventures/">Wundrsight raises USD 400K in a Seed Round led by Inflection Point Ventures</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Inflection Point Ventures Launches accelerator program &#8211; IPV Ideaschool batch 1 for early-stage startups </title>
		<link>https://newsmantra.in/inflection-point-ventures-launches-accelerator-program-ipv-ideaschool-batch-1-for-early-stage-startups/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 11 Jan 2024 07:24:48 +0000</pubDate>
				<category><![CDATA[Research and Education]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=34669</guid>

					<description><![CDATA[<p>Launches first ever 6-week pan-India cohort Applications to join the program are now open Applications will see multi-level shortlisting and the Elite 40 will make it to the final program Startups get access to masterclasses on various topics helmed by industry experts Top 15 startups from the 40 shortlisted will...</p>
<p>The post <a href="https://newsmantra.in/inflection-point-ventures-launches-accelerator-program-ipv-ideaschool-batch-1-for-early-stage-startups/">Inflection Point Ventures Launches accelerator program &#8211; IPV Ideaschool batch 1 for early-stage startups </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;">Launches first ever 6-week pan-India cohort</li>
<li style="font-weight: 400;">Applications to join the program are now open</li>
<li style="font-weight: 400;">Applications will see multi-level shortlisting and the Elite 40 will make it to the final program</li>
<li style="font-weight: 400;">Startups get access to masterclasses on various topics helmed by industry experts</li>
<li style="font-weight: 400;">Top 15 startups from the 40 shortlisted will present their ideas to a jury at a grand event</li>
<li style="font-weight: 400;">Final 5 startups stand to get Rs 80 lakhs each as seed funding from IPV</li>
<li style="font-weight: 400;">The Final 5 also get a chance to unlock access to IPV’s ecosystem for follow-on funding, VC Connects, Infrastructure, Partnerships, Expert Mentorship &amp; much more</li>
</ul>
<p style="font-weight: 400;"><strong>January 11, 2024, Delhi:</strong> Inflection Point Ventures today announced the launch of its accelerator programme, IPV Ideaschool batch 1. The 6-week nationwide program has been designed for entrepreneurs who are seeking to take their business from the idea stage to MVP.</p>
<p style="font-weight: 400;">Out of 2000 expected applicants, 100 will be shortlisted for the program initially and 40 of them will then proceed to be an active part of the discussion in the accelerator program. The startups will be evaluated through several rounds across multiple parameters.</p>
<p style="font-weight: 400;">At the final stage, the program will culminate in an on-ground event, where the top 15 startups will get a chance to showcase their respective business idea to an esteemed jury. The final 5 startups emerging from this set stand to bag Rs 80 lakhs as investment and a once-in-a-lifetime opportunity to become part of the IPV portfolio. Applications for this opportunity remain open until January 20th, 2024.</p>
<p style="font-weight: 400;"><strong>Speaking on the initiative Mr. Mitesh Shah, Co-Founder, Inflection Point Ventures says, “</strong><a href="https://ipventures.in/" data-saferedirecturl="https://www.google.com/url?q=https://ipventures.in/&amp;source=gmail&amp;ust=1705043713115000&amp;usg=AOvVaw3flW2eHgXPGjofsmaT2YzT">IPV Ideaschool</a>&#8211; the highly curated program aims to give an edge to the startups as they will not only secure early-stage funding but also get an opportunity to grow and scale their business rapidly with strategic guidance and IPV’s rich network. At IPV, we are looking for startups that add value to our economy and have sustainable ideas. By strategically nurturing and empowering innovative ideas, our commitment to building a strong early-stage startup pipeline ensures a foundation of quality and potential, shaping the future of groundbreaking ventures and contributing to India’s economy”.</p>
<p style="font-weight: 400;">As part of this program, IPV experts will help startups fine-tune their business plans, suggest pivots if needed to make a commercially viable business idea ready to be funded. IPV will also leverage its own investors’ network, ecosystem partners and other VCs to help the startups get access to the required infrastructure and raise additional capital.</p>
<p style="font-weight: 400;">The startups will have access to bootcamps, and masterclasses on various subjects helmed by experts on matters related to different areas of businesses that founders should learn about. This program promises to offer a holistic experience and high degree of exposure on how to start building their business for the real world. The startups will be nurtured for growth with a strong backing from IPV, Firstport Capital and Physis Capital.</p>
<p>The post <a href="https://newsmantra.in/inflection-point-ventures-launches-accelerator-program-ipv-ideaschool-batch-1-for-early-stage-startups/">Inflection Point Ventures Launches accelerator program &#8211; IPV Ideaschool batch 1 for early-stage startups </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Social Edutainment platform Maidaan raises Undisclosed Amount in Pre-Seed Round led by Inflection Point Ventures and EvolveX</title>
		<link>https://newsmantra.in/social-edutainment-platform-maidaan-raises-undisclosed-amount-in-pre-seed-round-led-by-inflection-point-ventures-and-evolvex/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 04 Jan 2024 05:23:15 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[EvolveX]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[Maidaan]]></category>
		<category><![CDATA[Pre-Seed Round]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=34358</guid>

					<description><![CDATA[<p>Maidaan is a peer-to-peer edutainment platform hosting LIVE, bite-sized Olympiads &#38; Tournaments for school children. The funds will be utilised primarily for driving product development and innovating on content, games, and tournament formats. Maidaan’s pilot version successfully engaged with students from over 100 schools spanning across 25+ cities in India Inflection Point...</p>
<p>The post <a href="https://newsmantra.in/social-edutainment-platform-maidaan-raises-undisclosed-amount-in-pre-seed-round-led-by-inflection-point-ventures-and-evolvex/">Social Edutainment platform Maidaan raises Undisclosed Amount in Pre-Seed Round led by Inflection Point Ventures and EvolveX</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;"><em>Maidaan is a peer-to-peer edutainment platform hosting LIVE, bite-sized Olympiads &amp; Tournaments for school children.</em></li>
<li style="font-weight: 400;"><em>The funds will be </em><em>utilised primarily for driving product development and innovating on content, games, and tournament formats.</em></li>
<li style="font-weight: 400;"><em>Maidaan’s pilot version successfully engaged with students from over 100 schools spanning across 25+ cities in India</em></li>
<li style="font-weight: 400;"><em>Inflection Point Ventures (IPV) has so far invested over INR 650 Cr across 200+ deals</em></li>
</ul>
<p style="font-weight: 400;"><strong>January 04, 2024, Bangalore: </strong>Maidaan, a social edutainment platform raised an undisclosed amount in a Pre-Seed Round led by Inflection Point Ventures and EvolveX. We Founder Circle also participated in the round. The funds will be utilised primarily for driving product development, innovating on content, games, and tournament formats.</p>
<p style="font-weight: 400;">Maidaan stands as an innovative peer-to-peer edutainment platform, redefining the educational landscape for school children in India. Through its live, bite-sized Olympiads and tournaments, Maidaan aims to let everyone explore education and a peer group beyond regular school. With a vision to make interaction with peers beyond school affordable and accessible, it aspires to empower over 100 million Indian students from an early age. Maidaan&#8217;s mission not only broadens horizons but also fosters an environment where learning and growth transcend classroom boundaries, shaping a brighter future for K-12 education in India.</p>
<p style="font-weight: 400;">Both founders, raised in Indian Army households, underwent schooling in over 10+ cities across India, instilling in them an early appreciation for diverse exposure. Co-Founder, Judhajit Bal, a management graduate from MDI, Gurgaon, previously successful with myHQ and with experience from Coca-Cola, shapes Maidaan&#8217;s vision. Co-Founder, Shashank Awasthi, an ISB graduate, brings over a decade of tech expertise from HSBC, Jivox, and Publicis Sapient, driving Maidaan&#8217;s product and platform growth.</p>
<p style="font-weight: 400;"><strong><img fetchpriority="high" decoding="async" class=" wp-image-34360 alignright" src="https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-300x188.webp" alt="Social Edutainment platform Maidaan raises Undisclosed Amount in Pre-Seed Round led by Inflection Point Ventures and EvolveX" width="284" height="178" srcset="https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-300x188.webp 300w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-1024x640.webp 1024w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-768x480.webp 768w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-1536x960.webp 1536w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-960x600.webp 960w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-640x400.webp 640w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-585x366.webp 585w, https://newsmantra.in/wp-content/uploads/2024/01/L-R_Judhajit-Bal_Co-FounderShashank-Awasthi_Co-Founder-Maidaan-jpeg.webp 1600w" sizes="(max-width: 284px) 100vw, 284px" />Rahul Wagh, Managing Director, Inflection Point Ventures, says, </strong>“Today when everything is digital, our education still relies on outdated methods and uninspiring textbooks. Maidaan addresses this by integrating learning into interactive games and quizzes, challenging the conventional notion that education is limited to the classroom. By breaking down the boundaries between learning and gaming, With Maidaan, children can seamlessly blend education with play. It shows a bright and promising future not just to kids but to investors as well.”</p>
<p style="font-weight: 400;"><strong>Commenting on Maidaan’s potential, Bhawna Bhatnagar, Co-Founder of EvolveX, expressed,</strong> “For most of the students, the first taste of competition beyond school walls occurs at a national level. Being unprepared for this reality results in an unpleasant shock, fostering self-doubt and a lifelong fear of competition, which hinders progress in a competitive life thereafter. Parents are well aware of this challenge but lack easily accessible means to alleviate this fear. Maidaan seeks to transform this narrative by providing every aspiring individual a stage to discover themselves. At EvolveX, we are committed to supporting Maidaan in this mission through continuous assistance, mentorship, and guidance.”</p>
<p style="font-weight: 400;">Maidaan&#8217;s strengths lie in its gaming-centric approach to skill-building, its unwavering commitment to student engagement, and its focus on fostering peer-to-peer interactions through skill-enhancing gaming experiences.</p>
<p style="font-weight: 400;">The pilot version of Maidaan has successfully engaged students from over 100 schools spanning across 25+ cities in India. The platform has initiated strategic annual and quarterly collaboration plans with schools, with Pune as its initial focal city for expansion.</p>
<p style="font-weight: 400;"><strong>Judhajit Bal Co-Founder &amp; CEO, Maidaan, says,</strong> “Beyond the top 5% elite in India, millions of students don’t get a chance to experience a world beyond the walls of their schools before Class 12, reducing the potential of social mobility. The only way to solve this is to make exposure-beyond-school truly accessible and affordable in a language &amp; format that students understand and speak themselves. We’re thrilled to have IPV &amp; EvolveX onboard and backing us to solve this.”</p>
<p style="font-weight: 400;">In just 9 months, Maidaan achieved remarkable milestones, growing its user base tenfold to over 2000 users. The platform has secured pivotal strategic collaborations with schools on annual and quarterly levels, all while maintaining exceptional engagement and robust user retention rates on the platform.</p>
<p style="font-weight: 400;">In Middle-India households, the age group of 5-15 is projected to exceed 100 million children by 2030, indicating a substantial market. Additionally, the supplemental learning segment, encompassing education beyond schooling, is forecasted to reach a significant USD 5 billion market value in India alone by 2030.</p>
<p>The post <a href="https://newsmantra.in/social-edutainment-platform-maidaan-raises-undisclosed-amount-in-pre-seed-round-led-by-inflection-point-ventures-and-evolvex/">Social Edutainment platform Maidaan raises Undisclosed Amount in Pre-Seed Round led by Inflection Point Ventures and EvolveX</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Healthcare logistics platform AllTrak raises INR 4.2Cr in Pre-Series A round led by Inflection Point Ventures    </title>
		<link>https://newsmantra.in/healthcare-logistics-platform-alltrak-raises-inr-4-2cr-in-pre-series-a-round-led-by-inflection-point-ventures/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 07 Dec 2023 06:11:42 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[AllTrak]]></category>
		<category><![CDATA[B2B HealthTech company]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=33322</guid>

					<description><![CDATA[<p>The funds will be utilised towards team expansion, technology enhancement, and logistics network AllTrak Offers a single point patient data entry and integration across platforms via SaaS to reduce turnaround time of diagnostics It operates in 50+ cities, engages with 3000+ healthcare professionals, with over 200,000 monthly visits, at 10,500+...</p>
<p>The post <a href="https://newsmantra.in/healthcare-logistics-platform-alltrak-raises-inr-4-2cr-in-pre-series-a-round-led-by-inflection-point-ventures/">Healthcare logistics platform AllTrak raises INR 4.2Cr in Pre-Series A round led by Inflection Point Ventures    </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;"><em>The funds will be utilised towards team expansion, technology enhancement, and logistics network</em></li>
<li style="font-weight: 400;"><em>AllTrak Offers a single point patient data entry and integration across platforms via SaaS to reduce turnaround time of diagnostics</em></li>
<li style="font-weight: 400;"><em>It operates in 50+ cities, engages with 3000+ healthcare professionals, with over 200,000 monthly visits, at 10,500+ pickup locations collecting   over 3,50,000 + patient samples per month</em></li>
<li style="font-weight: 400;"><em>Inflection Point Ventures (IPV) has so far invested over INR 650 Cr across 200+ deals</em></li>
</ul>
<p style="font-weight: 400;"><strong>December 7, 2023, Delhi: </strong>AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics operations expansion across multiple cities in India.</p>
<p style="font-weight: 400;">AllTrak, B2B HealthTech company, offers end-to-end solution to diagnostic companies. AllTrak solutions include Technology SaaS platform, pan India shared logistics network and phlebotomist network to healthcare companies to serve their patients. Their ecosystem helps healthcare companies to grow at faster pace and creates a seamless solution for accelerated patient report turnaround. Their ecosystem empowers healthcare organizations, enhancing profitability, service quality, and client satisfaction.</p>
<p style="font-weight: 400;"><a href="https://newsmantra.in/healthcare-logistics-platform-alltrak-raises-inr-4-2cr-in-pre-series-a-round-led-by-inflection-point-ventures/l-r_amit-gupta_co-founder-ceo-tarun-sharma_co-founder-coo-alltrak/" rel="attachment wp-att-33324"><img decoding="async" class=" wp-image-33324 alignright" src="https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-jpg.webp" alt="Healthcare logistics platform AllTrak raises INR 4.2Cr in Pre-Series A round led by Inflection Point Ventures    " width="303" height="227" srcset="https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-jpg.webp 2500w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-300x225.webp 300w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-1024x768.webp 1024w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-768x576.webp 768w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-1536x1152.webp 1536w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-2048x1536.webp 2048w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-760x570.webp 760w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-1920x1440.webp 1920w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-960x720.webp 960w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-533x400.webp 533w, https://newsmantra.in/wp-content/uploads/2023/12/L-R_Amit-Gupta_Co-Founder-CEO-Tarun-Sharma_Co-Founder-COO-Alltrak-585x439.webp 585w" sizes="(max-width: 303px) 100vw, 303px" /></a>AllTrak was established in 2021 by Amit Gupta and Tarun Sharma. The founders bring deep domain expertise in the healthcare industry. Amit Gupta, an industry veteran with 20+ years of experience in building technology platforms, holds a B. Tech in Electronics and Telecommunication. He has worked in companies like General Motors, EDS, Computer Associates, ABN Amro, Capgemini etc., and Co-founder Tarun Sharma with a degree in BCom from Delhi University holds 15+ years of work experience in healthcare operations. Tarun has managed healthcare operations on a large scale at pan India level with a 3000+ fleet.</p>
<p style="font-weight: 400;"><strong>Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, </strong>“Following the challenges posed by the Covid pandemic, we have collectively recognized the vital significance of timely delivery of diagnostic healthcare samples that are essential for optimal patient care and effective treatment planning. The integrated approach designed by AllTrak helps overcome logistical bottlenecks, contributing to more effective and streamlined transportation and tracking for healthcare providers, ultimately contributing to the betterment of the industry. With its timely delivery, AllTrak is a category creator and leader, showing a promising future in the diagnostics healthcare market.”</p>
<p>AllTrak technologies platform tracks and monitors 7 Lac patient samples per month. The tech-enabled logistics network facilitates seamless healthcare operations in 50+ cities including Delhi NCR, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kolkata and many tier 2 and tier 3 cities. The platform has 5000+ registered healthcare professionals, tracks 5,00,000+ visits per month, 10,500+ networked pickup locations/centres.</p>
<p style="font-weight: 400;">AllTrak’s unique technology offering is used by healthcare companies that are among India’s top 10 companies.</p>
<p style="font-weight: 400;"><strong>Amit Gupta, Founder &amp; CEO, AllTrak</strong>, <strong>says,</strong> “India GDP is all set to reach at $5T by Y2027 and $10 by Y2035. Healthcare is going to be one of the important sectors for India to grow. We want to grab this opportunity and build and offer a robust ecosystem for healthcare companies to grow. The support from IPV investors has helped us in the journey and our vision to revolutionize healthcare Industry. We appreciate the overall process for seamless deal flow.”</p>
<p style="font-weight: 400;">The Indian diagnostic services market was valued at USD 14.57 billion in 2022 and USD 16.23 billion in 2023 and is forecasted to reach USD 43.57 billion by FY32 (as per a report published by Polaris Market Research in March 2023).</p>
<p>The post <a href="https://newsmantra.in/healthcare-logistics-platform-alltrak-raises-inr-4-2cr-in-pre-series-a-round-led-by-inflection-point-ventures/">Healthcare logistics platform AllTrak raises INR 4.2Cr in Pre-Series A round led by Inflection Point Ventures    </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Welcome Cure raises Half a million $ in Pre-series A Round led by Inflection Point Ventures in its on-going Funding Round</title>
		<link>https://newsmantra.in/welcome-cure-raises-half-a-million-in-pre-series-a-round-led-by-inflection-point-ventures-in-its-on-going-funding-round/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 19 Oct 2023 11:46:26 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Inflection Point Ventures]]></category>
		<category><![CDATA[Welcome Cure]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=31053</guid>

					<description><![CDATA[<p>Welcome Cure is a fully integrated Homeopathy Technology company that offers Assisted intelligence (AI)-powered solutions for doctors and patients, ensuring both effective prescriptions and convenient access to healthcare regardless of location The funds will be utilized for growth, including talent acquisition, technology enhancement and marketing initiatives. Inflection Point Ventures (IPV)...</p>
<p>The post <a href="https://newsmantra.in/welcome-cure-raises-half-a-million-in-pre-series-a-round-led-by-inflection-point-ventures-in-its-on-going-funding-round/">Welcome Cure raises Half a million $ in Pre-series A Round led by Inflection Point Ventures in its on-going Funding Round</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li style="font-weight: 400;"><em>Welcome Cure is a fully integrated Homeopathy Technology company that offers Assisted intelligence (AI)-powered solutions for doctors and patients, ensuring both effective prescriptions and convenient access to healthcare regardless of location</em></li>
<li style="font-weight: 400;"><em>The funds will be utilized for growth, including talent acquisition, technology enhancement and marketing initiatives.</em></li>
<li style="font-weight: 400;"><em>Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals.</em></li>
</ul>
<p style="font-weight: 400;"><strong>Mumbai</strong><strong>,October 19, 2023 :</strong> Welcome Cure has raised over 4 Crores in Pre-series A Round led by Inflection Point Ventures (IPV). The funds will be utilized for growth, including talent acquisition, technology enhancement, and marketing initiatives. IPV has led the round and Welcome Cure is looking at raising over 16 crores in this on-going funding round.</p>
<p style="font-weight: 400;">Welcome Cure addresses the growing demand for sustainable and holistic healthcare by providing a comprehensive one-stop solution in the fragmented homeopathy market, offering convenient online and offline services for diagnosis, treatment, and monitoring, with a focus on prevention and overall well-being.</p>
<p style="font-weight: 400;">Welcome Cure is led by a team of experienced and accomplished individuals. Dr. Jawahar Shah, the Founder, brings 45 years of clinical practice as an MD in Homeopathy and holds a post-graduate degree from London. Punit Desai, the Co-founder, and CEO, contributes his expertise with an MBA and over 10 years of entrepreneurship experience. Nidhi Desai, the Co-founder, and COO, also brings an MBA and over 10 years of entrepreneurship experience to the team. Together, they form a strong leadership that drives Welcome Cure&#8217;s mission to provide holistic healthcare solutions through their innovative platform.</p>
<p style="font-weight: 400;"><strong>Vikram Ramasubramanian, Partner, Inflection Point Ventures, says</strong>, “While Homeopathy treatment is well recognised across the globe, the number of people opting for such treatment is also growing exponentially. The main reason for such acceptance is the ability to provide treatment to the root cause, especially chronic disease which is recurring and needs utmost attention. Welcomecure with its unique healthcare solution has been able to offer its patients the much-needed treatment regardless of location. The brand itself has grown multifolds with its ability to offer seamless interaction between its patients and doctors, onboard best   caregivers and experts in homeopathic medicine and providing a holistic solution all under a roof. We at IPV look forward to scaling their new age business with strategic guidance and enable the brand to benefit more and more individuals”.</p>
<p style="font-weight: 400;">Welcome Cure operates at an impressive scale, with 2.5 million platform users and 1.5 million+ registered patients in 36+ countries. Their software business serves over 1 lakh doctors in 140+ countries.</p>
<p style="font-weight: 400;">Welcome Cure stands out in the healthcare industry with its modernized homeopathy and holistic care solutions, catering to patients&#8217; needs in a comprehensive manner. Their unique proposition lies in the integration of proprietary Assisted Intelligence (AI) solutions, which serve as a valuable decision support system for physicians. This AI-powered technology enhances diagnostic accuracy, treatment selection, and monitoring, ensuring optimal patient care. Welcome Cure&#8217;s commitment to an integrated and 360-degree technology-powered solution further solidifies their position as leaders in the homeopathy domain.</p>
<p style="font-weight: 400;"><strong>Dr. Jawahar Shah, Founder, Welcome Cure says</strong>, “Homeopathy has been around for more than 200 years, grown consistently and served humanity. It enjoys acceptance from all socio-economic classes and has a wide presence across the world. As per WHO it is the 2nd largest system of medicine and used in over 100 countries. In a $9 Billion+ market there is immense potential as it&#8217;s growing at over 18% CAGR and there is a missing brand which is a name synonym to Homeopathy. Welcome Cure desires to do that and be that. Emerge as the 1st choice when anyone thinks of Homeopathy Care. With IPVs participation in Welcome Cure as an equity and growth investor we are poised to make this vision come to light.”</p>
<p style="font-weight: 400;">Welcome Cure has achieved remarkable organic growth since its inception, with a positive return for the past two years. Within the last couple of years alone, the company has achieved a cumulative business of over 45+ crores, demonstrating its strong presence in the Alternative Medicine space. The startup and its founders have also received recognition and accolades from esteemed institutions and bodies, including testimonials and awards from Prime Minister Narendra Modi, the Ministry of Electronics &amp; IT, and other prestigious organizations.</p>
<p style="font-weight: 400;">The Homeopathy industry is currently valued at over 7 billion USD and is experiencing a growth rate of 18% CAGR (Compound Annual Growth Rate). Projections indicate that the industry is expected to surpass 21 billion USD within the next 5 to 7 years, indicating significant growth potential in the near future.</p>
<p style="font-weight: 400;"><strong>About Welcome Cure</strong></p>
<p style="font-weight: 400;">Welcome Cure is a fully integrated Homeopathy Technology company with a proprietary Assisted Intelligence (AI) powered solution for doctors. The brand also serves patients across the globe with holistic care solutions via its Tele-medicine Platform. The start-up has served 2.5 million + Patients in 36+ countries via its proprietary Tele-medicine platform. The software business division has catered to over 100K+ doctors in 140+ countries with mobile applications and decision support system software.</p>
<p style="font-weight: 400;"><strong>About Inflection Point Ventures &amp; Physis Capital</strong></p>
<p style="font-weight: 400;">Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary &amp; experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.</p>
<p>The post <a href="https://newsmantra.in/welcome-cure-raises-half-a-million-in-pre-series-a-round-led-by-inflection-point-ventures-in-its-on-going-funding-round/">Welcome Cure raises Half a million $ in Pre-series A Round led by Inflection Point Ventures in its on-going Funding Round</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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