Several Indian startups have raised funds across various categories from Oct 21 to Oct 25, Health and fitness platform, wellness brand, Managed care provider and more. We will highlight five such transactions, including how these startups plan to use the raised capital.

Healthify | Health and fitness platform

Healthify (formerly HealthifyMe) has raised $20 million in fresh capital as part of a $45 million equity round.

As per the startup, the funding will fuel Healthify’s expansion into the US market and enhance its AI-driven nutrition and fitness coaching capabilities.

Launched by Tushar Vashisht, Sachin Shenoy, and Mathew Cherian, Healthify uses a combination of software, wearable devices, and fitness trainers to help people reach their fitness goals. It claims to have served over 40 million users and is expanding its presence across 300 cities in India.

WishNew Wellness | A wellness brand

WishNew Wellness, a wellness brand co-founded by Karan Khurana and Pranshu Singh, has raised $250,000 in its angel funding round, achieving a valuation of $5.65 million.

As per the startup, the funding will primarily be directed towards enhancing research and development, broadening the product range, and making premium wellness solutions more accessible to customers. 

Based in Delhi, WishNew Wellness has announced its role as the official wellness partner for FC Goa in the upcoming season. The company is focused on optimizing its supply chain, improving digital platforms, and strengthening retail partnerships to enhance customer interactions.

Even Healthcare | Managed care provider

Even Healthcare has raised $30 million in a Series A funding round led by Khosla Ventures, with participation from Founders Fund, 8VC, and Lachy Groom, among others.

The new funding will be used to launch hospital operations and scale patient care and resource processes.

Founded in 2020 by Mayank Banerjee, Matilde Giglio, and Alessandro Ialongo, Even Healthcare offers its members free consultations, diagnostic tests, and cashless hospitalization through its in-house clinical team, and insurance partners. According to the company, it only partners with hospitals that guarantee the care of its members in exchange for a recurring payment.

Zouk | A direct-to-consumer bags and luggage brand

Zouk, has raised $10 million in its Series B funding round, led by Aavishkaar Group. 

As per the startup, the funding will be used to focus on expanding its network of exclusive brand outlets, aiming for a total of 75 stores. 

Founded in 2015 by Disha Singh and Pradeep Krishnakumar, Zouk specializes in handmade products, including laptop bags, tote handbags, sling bags, and wallets, all crafted from 100% vegan leather sourced in India. With over 700,000 customers served, the startup is also venturing into the luggage segment with new backpacks and trolley bags, anticipating strong growth in this area.

Neysa | Generative AI startup

Neysa, a generative AI startup, has successfully raised $30 million in Series A funding, co-led by NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. 

As per the startup, funding will help Neysa scale its AI infrastructure, enhance research and development, and prepare for the launch of its Gen AI acceleration cloud service.

Founded by Sharad Sanghi and Anindya Das, Neysa focuses on assisting clients in the discovery, planning, deployment, and management of generative AI projects in a cost-effective manner, while also securing their AI environments in the cloud and at the edge through a consumption-based model.

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