[Indian Startup Funding Weekly Roundup Dec 2 to Dec 6] Enterpret, The Money Club, and Two Others Raise Funding
Several Indian startups have raised funds across various categories from Dec 2 to Dec 6, customer feedback intelligence platform, On-demand liquidity platform, Healthcare startup and more. We will highlight four such transactions, including how these startups plan to use the raised capital.
Enterpret | AI-enabled customer feedback intelligence platform
Enterpret, an AI-enabled customer feedback intelligence platform for product development and CX teams, has raised $20.8 million in its Series A round led by Canaan Partners.
As per the startup, the funding will be used to continue scaling and to deploy no-code AI agents to help customers bridge divides between product, marketing, and sales teams, and even collect rich feedback.
Founded by brothers Varun and Arnav Sharma, Enterpret builds adaptive artificial intelligence models to unify and analyze large volumes of unstructured feedback across all channels to extract key themes, sentiments, underlying issues, and topics, helping teams quickly identify patterns and improve customer satisfaction.
The Money Club | On-demand liquidity platform
The Money Club has raised $2.5 million in a Series A funding round led by Prudent Investment Managers.
As per the startup, the funding will be deployed toward developing financial inclusion solutions, expanding technological capabilities, and providing financial empowerment to underserved populations.
Launched in 2018 by Manuraj Jain, The Money Club provides a fully digital platform that offers its new-to-credit users on-demand liquidity without any physical paperwork. The platform is designed to cater to the unmet financial needs of low-income populations, particularly the 400 million lower middle-class Indians who face significant barriers in accessing traditional financial products.
Neuranics | Healthcare diagnostics startup
Neuranics, a healthcare diagnostics startup, has raised $700K in its seed round led by Inflection Point Ventures (IPV).
As per the startup, the funding will be used for technology development and clinical validation, enabling the company to progress toward commercial production post-CDSCO licensing.
Founded in 2021 by Praveen Kumar and Ashutosh Patra, 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.
Atmosphere – The Store Makers
Atmosphere–The Store Makers, a Mumbai-based innovator in retail and workspace fit-outs, has raised Rs 5 crore in a seed round co-led by Artha Venture Fund and PIL Italica Lifestyle Limited.
As per the startup, the funding will be used to expand its offerings in the premium retail, hospitality, and workplace ‘Design & Build’ segments, led by its innovative design solutions researched in its factories.
Founded by Nilesh Rathod, Atmosphere delivers bespoke solutions that align with the evolving demands of affluent consumers and luxury brands.
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