ChefKart, Krishify, others raise funding; Meddo buys Doxper in cash and stock deal

Gurugram, Haryana-based kitchen supply startup ChefKart has raised $300,000 pre-seed round of funding from Titan Capital, Lead Angels and Pravega Ventures. 

The round also saw participations from Ravi Modi of Manyavar Family office and Kutumbh co-founder Vipul Allawadhi.  

ChefKart, founded in 2020 by Vaibhav Gupta, Arpit Gupta and Aman Gupta will utilise the funds to develop a product that will help users manage the end-to-end kitchen needs, upskilling and training of cooks to make them professionals, according to a statement.  

It will also use the funds to acquire more customers and scale up the business in the Delhi-NCR region.   

Krishify  

Gurugram, Haryana-based agri-tech platform Krishify has secured a $2.7 million pre-Series A funding round led by Omidyar Network India, Ankur Capital and existing investor Orios Ventures. 

Other participants in the round include co-founders of Country Delight, Nitin Kaushal and Chakradhar Gade.  

Krishify will use the funds to continue expanding its user base, which is currently at 3.5 million users, and is growing at 30% month-on-month, the company said.   

The agri-tech firm was founded in 2019 by Rajesh Ranjan, Manish Agarwal and Avinash Kumar as a networking platform for farmers.  

The platform provides information exchange and matches potential buyers and sellers, along with access to a large repository of information in local languages.   

Revery

Gamified wellness company Revery, which is looking to provide cognitive behavioural therapy (CBT) for insomnia with mobile gaming concepts has announced $2million in pre-seed funding led by Surge from Sequoia Captial.   

The platform is currently in beta stealth mode and plans to launch globally later this year, starting with the US market.   

Other participants in the round include Pascal Capital, GGV Capital, zVentures and Patron.  

Angel investors such as Kunal Shah, founder of CRED; Sai Srinivas, founder of Mobile Premier League (MPL); Juha Paananen; Carolin Krenzer and Albert Lee, were some of the key individual investors.   

MedPrime Technologies

Thane, Maharashtra-based healthtech startup MedPrime Technologies has raised an undisclosed seed round led by Social alpha and Mumbai Angels Network. 

Medprime Technologies provides digital solutions to the microscopy segment of medical diagnostics. Other participants in the round include SINE IIT Bombay, RiSo Capital (risocapital.com), Lavni Ventures, and Keiretsu Forum.  

The company said that it will utilise the funding to scale up its portable digital microscope, the Cilika product line, along with developing its AI component for MICALYS, another microscopic tool.   

The company was co-founded by Samrat, Greeshma Unnikrshnan, Binil Jacob, and Mahesh Kumar Rathor.  

QuickShift

Pune-based tech fulfilment startup Quickshift has raised $775k in a seed funding round led by Anicut Angel Fund and Axilor Ventures.  

The company will utilise the funds to step up its proprietary technology and expand its network of fulfilment centres.   

The company, founded by Anshul Goenka in 2014, also acts as an accelerator in the D2C, e-commerce, B2B and retail spaces.  

The company currently has 100 brands under its umbrella, with fulfilment centres in Mumbai, Bengaluru, Delhi, Pune and Kolkata.  

It provides multiple marketplace and courier integrations as well as solutions from the first to last mile fulfilment.   

StackBOX

Bengaluru-based logistics startup StackBox has raised $1.2 million in a funding round led by CMM Group and Ecosystem Ventures.    

StackBox was founded in 2018 by Sabyasachi Bhattacharjee and Shanmukha Boora and has its operations in Hyderabad, Chennai and Delhi. 

The company said that it orders over 50,000 deliveries per month and its revenues have quadrupled in the past 12 months of operations.   

StackBox also plans to utilise the funds to set up fulfilment centres across the country. This will include cross docks, dark stores and micro-fulfilment centres.  

Some of its customers include the likes of Flipkart, ITC, P&G, Dabur, Britannia and Udaan.  

Fabheads

Chennai-based Carbon-fibre focused 3D printer startup Fabheads announced that it has raised more funds as an extension of its pre-Series A funding round.   

The company said that it has raised an undisclosed sum from Rockstud Capital, FirstPort Captial and Bliss Flow Investments.  

Fabheads had recently raised Rs 8 crore from Inflection point ventures.   

The company, founded in 2015 by Dhinesh Kanagaraj and Abhijeet Rathore, develops automated manufacturing technologies specific to the carbon-fibre part of the manufacturing sector.  

The company said that it will utilise the funds towards marketing, supply chain enhancement and to scale up operations 

Meddo

Gurugram-based healthtech startup Meddo has acquired Mumbai-based Doxper in a cash and stock deal, the company said in a statement. 

Doxper provides a solution for digitisation of prescriptions. It was founded in 2015 by Shailesh Prithani, Randeep Singh and Pawan Jain.    

Doxper’s clients include the likes of Manipal hospitals, BLK Max, KIMS hospitals, Wockhardt and others.  

The company said that it has a client base of over 4,000 doctors.   

Meddo said that the acquisition will make it one of the largest healthtech players in India in the outpatient care space with more than one crore patients and 1.5 crore digitised prescriptions. 

The company also plans to scale up to more than 1,000 clinics in the next 12-15 months with the funding round.   

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