The round also saw participation from Ashish Gupta, former managing director of Helion Ventures and an investor in platforms like Flipkart, MakeMyTrip, and naukri.com; Anjali Bansal, founder of Avaana Capital; Suhail Sameer, Group President of BharatPe; and Stanford Angels & Entrepreneurs India (SAE India).
Founded in 2020 by Rohan Verma (ex-McKinsey) and Aditya Kaicker (ex-Accenture), Breathe Well-being uses a personalised coach-driven, community-first approach through interactive gamification to help people with type 2 Diabetes reduce HbA1c, lose weight, and stop diabetes medication eventually.
Funds raised will be used to scale up the tech platform, strengthen the coaching academy, and for team expansion, the startup said in a statement.
The company claims to have achieved a 30% m-o-m growth rate since its inception in 2020 and has seen a 22X increase in its membership base.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India from May 30-June 1, 2021.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Industry||Verticals|
|Breathe Well-being||Gurugram||1 million||Pre-Series A||3one4 Capital||Ashish Gupta, Anjali Bansal, Suhail Sameer||Healthcare Specialist||HealthTech|
|MOPP Foods||Gurugram||-||Seed||India Accelerator’s iAngel Network||-||Food||FoodTech|
|Avishkaar||Delhi||684,931||Pre-Series A||-||Auxano, Mumbai Angels, Alok Mittal, Varun Aggarwal||Education/Training||EdTech|
|Almo||Gurugram||-||Seed||Angelist India||Arjun Vaidya, Piyush Shah, Muralikrishnan, Nitin Gupta, Rohit Chanana, Umang Kumar, Darshan Deora, Pranay Jain||Retail||E-commerce|
|Mensa Brands||Bengaluru||50 million||Series A||Accel Partners, Falcon Edge Capital, Norwest Venture Partners||Kunal Shah, Mukesh Bansal, Rahul Mehta, Scott Shleifer||Retail||E-commerce|
|Accio Robotics||Bengaluru||-||-||Uday Sodhi||Jignesh Kenia, UtpalDoshi, Girish Jain, Pankaj Bhargava||Industrial Machinery||Robotics & Drones|
|Convin||Bengaluru||342,465||Pre-Seed||Titan capital, 9Unicorns||Kunal Shah, Abhishek Goyal, Ramakant Sharma, Sunder Nookala, Rajesh Razdan||Software||AI and Machine Learning|
|Klassroom Edutech||Mumbai||200,000||Pre-Series A||ah! Ventures||Startup Angels Network, Growth Sense, Meteor Ventures||Education/Training||EdTech|
|ThatMate||Pune||140,000||Angel||Rebalance Angel Community||Premanshu Singh, Devendra Rane, Kanti Prabha, Devadatta Sahoo, Vivek Lodha, Shruti Lakkaraju, Ashish Tickoo, Yash Gupta, Aditya Singh, AIC Banasthali, Krishna Mehra, Supriya Kumari, and Mamta Nehra||Healthcare Services||Fitness & Wellness|
|Plum||Bengaluru||15.6 million||Series A||Tiger Global||Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, Gemba Capital, Kunal Shah, Gaurav Munjal, Roman Saini, Hemesh Singh, Lalit Keshre, Harsh Jain, Ishan Bansal, Ramakant Sharma, Anuj Srivastava||Insurance||Insuretech|
|Jai Kisan||Mumbai||30 million||Series A||Mirae Asset||Syngenta Ventures, Blume, Arkam Ventures, NAB Ventures (NABARD), Prophetic Ventures, Better, Blacksoil, Stride Ventures, Trifecta Capital||Financial Services||Fintech|
|Delhivery||Gurugram||277 million||-||Fidelity||GIC's Gamnat, Chimera Investments, Pacific Horizon Trust||Logistics/Distribution||E-commerce|
|Disruptium||Ahemdabad||200,000||Pre-Seed||Pravesh Mehta, Chokhani Ventures||-||Outsourcing||-|
|Jobsgaar||Delhi||140,000||Seed||SucSEED Indovation Fund||Rohit Chanana, Jasminder Singh Gulati, Poonam Kaul, Sunil Kamath, Mandeep Singh, Gunjan Paharia||Internet||HR Tech|