Vetic, Gamerji, ClassMonitor and Burma Burma raise early-stage funding
YourStory presents daily funding roundups from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, November 30, 2022.
Pet care startup Vetic raises $3.7M in a seed round
, a tech-enabled chain of clinics focussing on pet healthcare, has raised $3.7 million in a seed round led by Lachy Groom.
The round also saw participation from angel investors such as Utsav Somani (Partner, AngelList India), Nitin Saluja (Founder ), Ritesh Agarwal (CEO, ), Abhinav Sinha (COO OYO), Shiva Singh Sangwan (Founder, 1947 Rise), Maninder Gulati (CSO OYO), Revant Bhate (CEO, ), Anuj Tejpal (CBO OYO), Revant Bhate (CEO, Mosaic Wellness), Abhishek Gupta (CFO OYO) and Manu Gupta (Founder, Blue Lion VC), among others.
Started in August 2022 by Gaurav Ajmera (former COO of OYO and former CBO of ), Vetic aims to provide medical care for pets.
The startup will use the fresh capital to bolster its technology, and establish state-of-the-art medical infrastructure, as well as to expand Vetic’s clinic network across Delhi NCR and Bengaluru regions. It currently has four clinics in Gurugram and plans to scale to 15 clinics across Delhi NCR and Bengaluru regions by June 2023.
Gamerji raises $3M in pre-Series A from GVFL and Unicorn India Ventures
E-sports tournament platform has raised $3 million in a pre-Series A round from GVFL (formerly Gujarat Venture Finance Limited) and existing investor Unicorn India Ventures
The startup will use the funds to grow its platform in the MENA region, along with supporting its plans for SEA starting with Indonesia and the Philippines.
The company also plans to use these funds towards developing tech solutions and EaaS (E-sports-as-a-service) to enhance the online gaming experience.
Founded in 2019, by gaming expert and serial entrepreneur, Soham Thacker, Ahmedabad-based Gamerji aims to bridge the gap between amateur and professional gamers through tournaments. The company allows gamers to compete, host matches, communicate, and get recognised for their gaming skills.
ClassMonitor raises Rs 10 Cr in pre-Series A round
Edtech startup has raised Rs 10 crore in a pre-Series A round from lead investor Frontline Strategy Funds, Khimji Family (Muscat), and participation from existing investors Sarvann & Calega Family Office.
The startup intends to use the capital to leverage AI-ML-based technology to enhance learning experiences for young children. This unique hybrid offering will combine its high-quality learning kits with a Metaverse-based on experiential learning for children, allowing them a deeper, more immersive learning experience.
The company also plans on further strengthening its dominance in the early education sector by establishing a large network of franchised after-school learning centres. Additionally, it plans to diversify and build on its distribution by adding more channels including offline stores and schools while building organic traction from international markets with a focus on the UAE markets.
Burma Burma raises over $2M in debut fundraise led by Negen Capital AIF
Restaurant and Tea Room, a Burmese vegan restaurant chain, has raised upwards of $2 million in a seed round, led by Negen Capital. The fundraising round also saw participation from Bbigplas Poly Private Ltd as well as other angels.
The restaurant chain offers Burmese cuisine, combining the authentic taste and cooking of Myanmar while providing a window into the culture. A brainchild of Ankit Gupta and Chirag Chhajer, Burma Burma was started with the intention of making Burmese cuisine accessible to all.
Launched in 2014 in Mumbai, the restaurant chain operates in five metros—Delhi, Noida, Gurugram, Bengaluru, and Kolkata.
Suraasa, a teacher growth platform, raises $1.2M in Seed round
has raised $1.2 million from notable investors led by Inflection Point Ventures.
The round saw participation from NB Ventures from the UAE, SuperMorpheus from Singapore, Vinners and SucSEED Innovation from India, as well as angel investors including Manan Khurma (Founder and CEO, Cuemath), Kunal Shah (Founder, CRED), Kiran Karunakaran (Partner, Bain & Co), and Anuj Saraiwala (Partner, Elluminate Ventures).
Founded by Rishabh Khanna, Ankit Khanna, and Sahil Makker, Suraasa is a skill-tech startup focused on preparing teachers for national and international career opportunities by upskilling them.
It is on a mission to bring teaching into mainstream career choices by developing skilled new educators and enabling existing teachers to achieve their personal and professional goals.
Hoovu Fresh raises $790K in a pre-Series A led by Sauce.vc
, a fresh puja flower startup, has raised $790,000 in a pre-Series A funding round led by Sauce.VC and joined by multiple angels such as: Sangeet Agrawal (Founder of Mokobara), Akshay Dujodwala (CSO at Mangalam Organics), Nikhil Bhandarkar (Founder of Panthera Peak Capital), Mylktree Family Office, Cafe Coffee Day’s family office etc.
Started by sisters Yeshoda Karuturi and Rhea Karuturi in February 2019, Hoovu’s mission is all about making fresh flowers available every day at affordable prices. The startup delivers fresh flowers by shortening the supply chain and leveraging on technology in packaging and innovation.
By partnering with local farms, packaging and multiple distribution channels, Hoovuu claims to have been able to reduce this turnaround time to 12-24 hours enabling the extension of the flower shelf life by two to five times.
“With our developed processing and packaging technology our flowers stay fresh for 15 days when compared to the average of 2-3 days, something that is unheard of in the industry. This way we have been able to create value both for the farmer as well as the end customer,” said Yeshoda and Rhea.
In the past year Hoovu has expanded its offerings to temples as well. It has operations in Bengaluru, Hyderabad and Mumbai. Flowers can be ordered via Big Basket, Zepto, Milk Basket and other grocery apps. Hoovu Fresh also offers agarbatti made out of recycled temple flowers and other puja samagri that can be purchased from its website.
(The copy will be updated throughout the day with the latest news.)
