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Eka.Care, Edvizo, Braingroom raise funding; Lexical Systems, others invest in Proxgy

Eka.Care, Edvizo, Braingroom raise funding; Lexical Systems, others invest in Proxgy
Photo Credit: VCCircle
19 Jul, 2021

Health-tech startup Eka.Care, owned and operated by Bengaluru-based Orbi Health Private Limited, has raised seed funding of $4.5 million (Rs 33.7 crore) from a clutch of leading angel and early-stage investors. 

Other angel investors who participated in the round include Deep Kalra (founder, MakeMyTrip),  Ashish Kashyap (founder, INDMoney), Rajesh Magow (co-founder, MakeMyTrip), Kunal Shah (founder, Cred),  Abhishek Begerhotta (founder, 314e Corporation), Sujeet Kumar (co-founder, Udaan),  Gaurav Munjal (co-founder, Unacademy), Shashank Kumar (co-founder, Razorpay),  Phanindra Sama (founder, redBus), Prakash Sangam (CEO, redBus), Anshuman Bapna (founder, Terra.do), Abhishek Goyal (CEO, Tracxn), Aakrit Vaish (CEO, Haptik), among others.

The round also witnessed participation from early-stage Venture Capital firms – 3one4Capital, Eximius Ventures and Speciale Invest, the company in a statement said.

The company plans to use the fresh funds for hiring, product development, marketing and assisting doctors in setting up their digital clinic.  

Eka.Care was founded by Vikalp Sahni and Deepak Tuli, former co-founders of Goibibo in December 2020.

The company aims to build a digitally-enabled and connected healthcare ecosystem between healthcare providers and patients for better health outcomes.

The platform which is available in 12 languages enables users to create multiple health profiles, store health records such as vaccination charts for children, developmental milestones, prescriptions, lab reports, scans and allows sharing of records with healthcare providers.

“The way health care is being delivered in the country is going through a change. Both healthcare providers and patients need technology support to adapt to the change. We are building solutions to adapt to their changing needs,” Tuli said.

Edvizo  

Edvizo Media, a Bengaluru-based company that owns and operates an eponymous online learning platform, has raised $1 million in a Pre-Series A led by Inflection Point Ventures. 

The funds raised will be used to enhance the technology stack, acquire more users, strengthening the tech & sales team and expansion to more cities, the company in a statement said. 

Prior to this round, the company had raised seed funding round of $150,000 from IPV in June 2020.

“The current fundraise comes at a crucial point in our journey as we are seeing significant traction - both on the students and courses’ providers side. The funds raised will help us grow our capabilities both from tech and business perspective and also enable us to scale exponentially,” Ravi Nishant, founder and CEO of Edvizo, said. 

Nishant, who is an alumnus of IIT Guwahati, founded the company in 2017. 

Edvizo works as a marketplace to connect coaching institutes and students with each other. The company claims to have tie-ups with 2,950 institutes. It currently has 57,500 plus enrolments and more than 1,20,000 registered users on its platform, it said in the statement.

Uvi Health

Bengaluru-based Curapy Health Pvt. Ltd which owns and operates health-tech startup Uvi Health has raised $330K (Rs 2.2 crore) in a pre-seed round of funding led by Titan Capital and other marquee groups of investors.

The funding round saw participation from 9Unicorns, AngelList, and a clutch of angels, including Ghazal Alagh, co-founder of Mamaearth, Aarti Gill, and Mihir Gadani, founders of Oziva.

The fresh funds will be utilised for building a mobile platform and further scale up the company’s PCOS programme, it said in a statement.

"Women form the backbone of any household and yet the only time their health is taken seriously in the family is when they are bearing a child. Outside of childbirth, every woman would face at least one reproductive health event in her life, which can manifest in the form of PCOS, endometriosis, sexual or pelvic health dysfunctions. 

The stigma associated with seeking care for these events is too high, and there are no affordable options that women can access discreetly without judgment. At Uvi Health, it's our mission to help women live a fulfilling life despite these disorders," Mehak Malik, founder and CEO of Uvi Health, said.  

Founded in 2020 by Malik, an alumnus of Harvard & ex-VC, Uvi Health claims to simplify the healthcare regime for women living with chronic sexual and reproductive health disorders by building science-backed programs.

The company helps its users with an end-to-end experience by providing them with diagnosis, specialist consults, and lifestyle modifications.

Currently, more than 4,000 women are part of Uvi Health's online community on Instagram and Facebook handles, the company said.  

Uvi Health was one of the 11 startups selected by Accel Partners for its SeedToScale programme called Founder Stack.

Proxgy   

Everywhere as a Service Pvt Ltd, which operates Gurugram-based service aggregation platform Proxgy, has raised $250,000 (Rs 1.8 crore) as part of its pre-seed investment round led by Lexical Systems.

Other angel investors including Michael Dias and associates, Suramya Choudhary and Inderjit Singh Makkar also participated in the round.

Proxgy plans to expand its services to provide solutions for inspections, media coverage, remote KYC, virtual travel, elderly care, real estate viewings among others in the coming months.

Founded in 2020 by Pulkit Ahuja, Proxgy enables its users to book a human proxy on demand in a ride hailing manner at any serviceable place and engage with the proxy’s surroundings in a live and interactive virtual reality manner using patented smart helmet solutions, it said in a statement.

The company has partnered with multiple showrooms and car dealerships to help existing sales executives at these showrooms and dealerships become Proxgies for users, helping drive up sales and inquiries. It enables users to shop, travel, recce, research, view real estate and live visit any physical location using virtual reality innovations.

“We are working towards clubbing humans with patented Smart IoT solutions and introducing on-demand, real world live VR experiences for end users. In our foray to expand our IPR quickly and globally, this investment would be a huge boost in providing dry powder to capture global markets more aggressively,” Ahuja said.

Braingroom  

Braingroom, a multilingual online learning platform has raised Rs 1.5 crore ($200,000) from Indian Angel Network (IAN).

Social Alpha and Startup Oasis also joined the round, the company said in a statement.

The Chennai-based startup will use the funding to develop new courses and content in different languages and new product features.

The company is also eyeing market expansion with a vision to train one million rural students and make them job-ready in the coming three years, it said.

Three engineering graduates, Madhula Sathyamoorthy, Naliene Ramasamy, and Kalaiarsi Periasamy founded Braingroom in 2017.  

Braingroom follows a hands-on learning approach with a focus on application-oriented learning. The s-platform uses AI Chatbots and Gamification to create a personalised learning experience.

The startup partners with various expert training providers across the globe to provide online learning solutions for both B2C and B2B markets with a multilingual flavour.  

“Through Braingroom, we are creating high-quality technical and skill training with the right combination of vernacular content, Bots and gamifications. 

These will help us make learning more hands-on, interactive, personalised, and engaging for millions of students from Tier-2 and Tier-3 cities, and most importantly for those from middle and lower-income families. In the next three years, we are aiming to train one million rural students and make them job-ready,” Satyamoorthy said.

Braingroom claims to have trained around 35,000 students across India. Going forward, the company is planning to build end-to-end training solutions for its B2B partners.

The company is also looking to add more components to the application-oriented learning approach for students and develop women-focused Micro-Entrepreneurship courses.

Droom’s Sandeep Aggarwal family office crosses over Rs 25 crore as an angel investor

Used cars marketplace Droom’s Sandeep Aggarwal family office has crossed the investment milestone of Rs 25 crore as an angel investor with the latest investments in various National and International companies such as the US-based Venture Capital firm - Lionbird, India based full-stack cloud garage startup - Fixcraft, India’s B2B ecommerce player in the aftermarket tyre vertical - Tyreplex, media and content company - TSB Media Ventures, and DNA-based data storage solution - Iridia.  

Sandeep Aggarwal family office was set up by Aggarwal in 2016 with a vision to give a boost to entrepreneurship and startups and provide support and guidance to the global online & e-commerce industry, a company statement said.

“When I came to India in 2011, India had less than 200 startups, a handful of VCs and angel investors, and value of all public and private companies was less than 3 billion. I believe India will create $500 billion in new wealth by 2025 and $1 trillion by 2030 from the startup revolution.

More than wealth creation, the amount of job creation, social transformation, and helping India to reclaim its old glory will be second to none. I feel happy and blessed to be a part of this great revolution as a two times founder and teaming up with dozens of exceptional young entrepreneurs,” Aggarwal said.  

The entire investments are through his personal wealth that he has accumulated over the course of his career abroad as a two times entrepreneur and investment professional.

In 2016, he invested close to Rs 4 crore in more than seven early-stage firms in India and overseas such as California based firms Giveclub and Dataguise, Malaysia based - Duriana, Indonesia based - Dekoruma, and India based - Wittyfeed, Clan Connect, Wydr, Curo healthcare, and Shopsity, among others.   

Read: The time has come to really focus on monetisation: Sandeep Aggarwal, Droom