Health-Tech Startup Fastest.Health Raises Rs 1.2 Cr in Pre-seed Round Led by Inflection Point Ventures

• The funds will be utilized for strengthening sales and marketing, geographical expansion, technological enhancement, and on boarding of key resources.
• Fastest.Health has conducted hundreds of tests and has partnered with NABL accredited laboratories to provide fast and accurate test reports.
• So far, Inflection Point Ventures has invested over INR 800 Cr across 250+ startups.

India’s first Quick Service Diagnostics platform (QSD), Fastest.Health has raised Rs 1.2 Crore in Pre-seed funding round led by Inflection Point Ventures. The funding will be utilized to scale marketing initiatives, improve sales, invest in technological advancement and onboard key resources to streamline operations. Currently, Fastest.Health is operational in the regions of Navi Mumbai and Mumbai's suburban areas and plans to expand in new markets to meet India's growing demand for quick, reliable, and convenient diagnostic solutions.

Fastest.Health is co-founded by a team of industry veterans who specialize in Diagnostics, Logistics, Ecommerce and technology. The leadership team includes Jayesh Kamat, CEO, Sandeep Krishna, CBO, Mazhar Faruqi, COO, Dr. Santosh Wakchaure, CMO and Mohit Lala, CTO. Together, they bring a holistic mix of leadership, business insight, healthcare and technology experience to the company.

Vinay Bansal, Founder IPV, says, “The healthcare sector has undergone a paradigm shift post the covid crisis. Now, the emphasis is not only on accuracy but also on speed, convenience and reliability. Tech plays a major role in making healthcare accessible. Fastest.Health exemplifies this evolution by delivering faster diagnostic results without compromising credibility thereby eliminating delay in starting the treatment which is one of the most important factors in healthcare especially during crucial moments.”

Sandeep Krishna, Co-founder and CBO Fastest. Health says, “Our journey with IPV has been seamless, their support has helped Fastest accelerate its vision of redefining diagnostics in India. At Fastest.Health, everything revolves around one core belief: healthcare should move at the speed of need. With our 15-minute doorstep collection and 90-minute report delivery, we’re not just delivering reports faster, we’re building India’s first true quick-commerce diagnostics network. Our goal is to make Fastest.Health the first and fastest responder for any medical need, ensuring care reaches people exactly when it matters most.”

The Mumbai-based health-tech startup has been offering its services since Jan 2025, and provides on-demand diagnostic services, that is redefining the standards of swiftness and precision in the healthcare industry. All Fastest partner labs are NABL (National Accreditation Board for Testing and Calibration for Laboratories) accredited and only offer certified lab reports, thus ensuring the highest quality and accuracy for its customers. Furthermore, Fastest.Health is working towards establishing a 24x7 on-demand service that will empower customers to access diagnostics services anytime.

The firm has developed and launched its proprietary app, which is available to both IOS and Android users, and has successfully conducted hundreds of tests, marking significant strides made in establishing its base and launching operations. The company's strength lies in its experienced founding team, home-grown custom technology and optimized blood transportation system enabling rapid sample collection within 15 minutes and report issuance in 90 minutes for most routine tests.

The Indian diagnostics market in 2023 was approximately worth USD 14 billion and is projected to increase to nearly USD 20 billion in 2026, showcasing the increasing demand for testing services. Fastest.Health stands apart with its capability supported by speed and accessibility to tackle the diagnostics markets in the ever-evolving healthcare industry and contribute to making patient care more accessible and efficient.

About Fastest. Health: Fastest.Health is the New Age leader in "On-Demand, Quick Service Diagnostics". It is India’s first health-tech platform that offers on-demand diagnostics testing, with sample collection at your doorstep within 15 minutes and report delivery to the patients mobile App for most routine tests within just 90 minutes*. These samples are tested in registered NABL accredited labs thereby offering accurate reports.

About IPV: Inflection Point Ventures (IPV) is an angel investing platform with over 24,000+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of pipeline.

Jabalpur, MP-based MBG Card Raises ₹2.72 Cr Led by IPV to Empower Digital Transformation for SMEs

• MBG Card is a SaaS company offering affordable digital transformation solutions, helping SMEs create an online presence, manage reviews, and automate marketing and operations.
• The funds will be used to enhance marketing efforts, expand product development, and build a strong team.
• MBG Card serves over 10,000 clients nationally and internationally.
• MBG Card was awarded Seed Funding under the Startup India Seed Fund Scheme in 2023.
• So far, Inflection Point Ventures has invested over INR 790 Cr across 210+ startups

MBG Card, a Jabalpur, Madhya Pradesh-based SaaS company providing digital transformation solutions for businesses, has successfully raised ₹2.72 Crore in a funding round led by Inflection Point Ventures. The round saw participation from Velocity Revenue Based Financing and Klub Revenue Based Financing. This funding will be used to enhance marketing efforts, product development, and team building.

MBG Card is a SaaS company focused on providing affordable and comprehensive digital transformation solutions for SMEs. The platform enables non-tech-savvy businesses to easily build an online presence, manage review ratings, and automate marketing and operations, all at a fraction of the cost of traditional solutions. With a mission to empower businesses to thrive in the digital space, MBG Card streamlines processes, enhances customer engagement, and drives growth through accessible and efficient tools.

Founded by Abhinavv Dubeyy, an experienced entrepreneur with over 15 years in tech startups, MBG Card has been delivering affordable digital transformation solutions, helping SMEs create an online presence, manage reviews, and automate marketing and chat operations. At just 1/10th the price of traditional solutions, MBG Card caters to businesses that are not tech-savvy, making digital tools accessible to all.

Mitesh Shah, Co-Founder, Inflection Point Ventures, says “SMEs often enjoy the loyalty of regular local customers, however it is limited to that locality. It is a challenge to establish a presence beyond that. MBG card addresses this gap by bringing the businesses online, transforming them into a brand, and providing tools to help them grow. IPV has confidence in MGB’s expertise to empower businesses in today’s competitive landscape”.

Based in Jabalpur, Madhya Pradesh, MBG Card serves over 10,000 clients across India and internationally. The company continues to grow at a rapid pace, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of 70+ employees, MBG Card aims to maintain its threefold annual growth trajectory.

MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. With its affordable pricing, just 1/10th of traditional alternatives, MBG Card simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions.

Abhinavv Dubeyy, Founder & CEO, says, "Our experience with IPV shaped the vision for MBG Card. Our goal is to help SMEs embrace the digital world, drive marketing and sales, and streamline operations to foster growth and customer engagement."

The global digital transformation market is expected to reach $1.5 trillion by 2025, with India’s SaaS market growing at a rapid pace due to increasing adoption by SMEs. With over 63 million SMEs in India, there is a huge demand for affordable digital solutions like MBG Card.

About MBG Card

Founded in 2021 by Abhinavv Dubeyy, MBG Card is a SaaS company specializing in digital transformation solutions for SMEs. The platform provides affordable tools to help businesses enhance customer engagement, boost revenue, and automate operations.

About Inflection Point Ventures (IPV)

Inflection Point Ventures (IPV) is an angel investing platform that brings together over 23,500 CXOs, HNIs, and professionals to invest in startups. IPV has deployed significant capital in early-stage startups, providing both financial and experiential support to help entrepreneurs scale their businesses.

Fintech Startup Navanc Raises $1 Mn Seed Funding to Revolutionize Secured Lending with AI-Powered Property Score

• Navanc, India’s first AI-powered property score and stack for secured lending and insurance, integrates advanced AI, IoT, and Blockchain for secure transactions
• The funds will support expansion across Tier 1–4 cities and enhance its AI capabilities with Generative AI and Computer Vision models.
• So far, Inflection Point Ventures has invested over INR 790 Cr across 210+ startups.

Navanc, a pioneering FinTech startup building India’s first AI-powered property score and stack for secured lending and insurance practices, has successfully raised $1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors.

The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster its AI FinTech capabilities by incorporating Generative AI and Computer Vision models to further its vision of becoming India’s first Property Credit Score and Stack provider.

Navanc was founded by Nagachethan S M, CEO, and Byomkesh Jha, CTO and Data Officer, in 2021. With a strong background in technology and finance, Nagachethan leads Navanc’s vision and strategy, driving innovation in the BFSI segment. A seasoned data science professional , Byomkesh oversees Navanc’s Technology and Data Science, ensuring seamless execution of its AI and Tech goals.

Mr Mitesh Shah, Co-Founder, Inflection Point Ventures, says, ”Banks, NBFCs, HFCs all face the same challenges in mortgage and property assessment: inconsistent and time-consuming property valuations, lacking both transparency and data to build trust. By providing precise & scalable property valuation, transparency and reliability, Navanc helps every player in the industry make informed decisions based on real-time assessment, data and knowledge of legal and technical aspects. Thus reducing risks for both lenders and buyers. As investors, we are confident in Navanc’s potential to make property valuation efficient, trustworthy and data-driven.”

Mr Sreenivas Ramarao, from Prarambh Venture opines, “We believe Navanc is the pioneer in delivering AI and Digital services in making the real estate transactions faster, cheaper, reliable and more accurate. We also have great confidence in the team and are fully confident of their ability to deliver user friendly products in the space.”

“Brigade REAP has played a key role in refining and accelerating growth for Navanc, who have shown immense potential in revolutionizing property assessment through their innovative solutions. Navanc's strengths lie in its ability to streamline financial access for properties by integrating AI, IoT and Blockchain for secure, transparent transactions, making it a transformative player in the PropTech sector. Our association with Navanc is testament to our commitment to fostering innovation in the PropTech sector” commented Abhay Garg, the Head of Brigade REAP.

Navanc stands out as India’s first FinTech startup to introduce an AI-powered property score and stack, specifically designed for secured lending and insurance practices. By integrating advanced technologies like AI, IoT, and Blockchain, the company ensures secure, transparent, and reliable transactions, setting a new benchmark in the PropTech sector. Its comprehensive collateral reporting, powered by cutting-edge AI and ML models, significantly enhances credit decision-making and portfolio management for the BFSI industry.

Nagachethan S M, CEO, Navanc, says, “We’re grateful for the support of our investors and excited to further our mission of revolutionizing secured lending and insurance practices in India. Our AI-powered solutions are set to make property transactions faster, more transparent, and accessible to all.”

Currently operating across Tiers of cities in about 6 states, Navanc is focused on expanding its reach to all statesunder its Bharat Vision. This strategic move aims to foster financial inclusion across India, transforming property lending and insurance practices nationwide.

Since its inception in 2021, Navanc has developed a cutting-edge technology stack that streamlines secured lending, insurance, and property aggregation practices in the BFSI sector. Its innovative solutions significantly reduce turnaround time, enhance transparency, and facilitate improved credit decision-making and portfolio management. The Indian property lending market is poised for exponential growth, with a rapidly increasing demand for digital and AI-enabled solutions to facilitate secured transactions.

About Navanc

Navanc, founded in 2021 by Nagachethan S M and Byomkesh Jha, is a FinTech innovator developing AI-driven solutions for secured lending and property aggregation in the BFSI sector. With a focus on building India’s first property credit score and stack, Navanc is transforming the way financial institutions assess and manage collateral.

Digital Therapeutics Startup Wundrsight Secures $400K in Seed Round Led by Inflection Point Ventures

• Wundrsight is revolutionizing therapy by digitizing therapeutic protocols for specific mental health conditions using Virtual Reality.
• Funds will be utilized to deepen partnerships with hospitals, clinics, and rehab centers across India, while enhancing platform development, obtaining regulatory approvals, and scaling operations in major cities.
• So far, Inflection Point Ventures has invested over INR 720 Cr across 200+ startups

Wundrsight, a Digital Therapeutics startup has secured $400K in seed round led by Inflection Point Ventures. Social Alpha has also joined the round along with other angel investors. This investment will enable Wundrsight to expand its network of hospital and clinic partnerships across India and accelerate the development of its innovative VR-based mental health solutions.

Wundrsight is first in India to build Virtual Reality and AI based therapy platform for mental healthcare management Established in 2022, the company focuses on digitising and standardising mental health therapy using the immersive nature of Virtual Reality (VR). Their mission is to deliver accessible, effective, and personalized care for various mental, behavioral and neurocognitive health conditions, including Substance Use Disorders, OCD, Anxiety, Phobia, Autism, Dementia and more. They have also been backed by Meta (Facebook parent), DLabs at Indian School of Business, IIT Mandi Catalyst, NASSCOM and others.

Raunak Swarnkar, Co-founder & CEO, an IIT GN-Alumni, brings over 5 years of experience leading product development across AI/ML, B2B SaaS, and R&D in Neuroscience and medical devices, with previous roles at TCS R&D, IBM, and RedSeer Consulting. Nishtha Budhiraja, Co-founder & Chief Medical Officer, a psychologist with 10+ years of experience, has worked with over 5000 patients and holds a degree from the University of Essex, with prior clinical leadership roles at Loop Health, Cult.Fit. Together, they are on a mission to build technology to solve for the current inefficiencies in delivering quality mental healthcare treatment to patients.

Vikram Ramasubramanian, Partner, Inflection Point Ventures says, “The mental health crisis is more alarming than ever; solving it with just traditional methods is often limited to accessibility, personalized treatment, and engagement. Many people start therapy but frequently drop off due to ineffective retention and engagement strategies. Wundrsight is at the forefront of addressing these issues by bringing in digital therapeutic and mixed reality technology like Virtual Reality to create personalized, immersive, and effective mental health care experiences. VR augments current solutions, helping to retain and engage users more effectively, ensuring they achieve their results. At IPV, we believe in Wundrsight’s vision to make mental wellness accessible to all through technological innovation.”

Wundrsight stands out with its passionate team, boasting decades of experience in mental healthcare and cutting-edge product development. Wundrsight’s VR solutions have already proven successful in reducing therapy session times by up to 30%, saving time and money while delivering superior patient outcomes. With a focus on evidence-based practices, they're pioneering VR therapy in India, backed by CDSCO Registration, ISO certifications and CTRI-registered clinical trials.

Currently operating in 3 metro cities, they have already secured contracts with over 5 hospitals, with additional partnerships with leading private and government hospitals underway. Offering more than 6 VR therapy products, the startup has successfully treated over 1000 patients across various mental health conditions, including Substance Use Disorders, OCD, Anxiety, Phobia, and Autism, with clinician-administered therapies.

“We’re at a pivotal moment in mental health care, especially now as innovative software-based medical devices are getting regulatory approvals for prescriptions,” said Raunak Swarnkar, Co-Founder & CEO of Wundrsight. “Hospitals and clinics globally face immense pressure to provide high-quality, scalable mental health services despite a shortage of clinicians. Our VR-based solutions not only reduce the need for medication but also enhance clinician efficiency, allowing for safe, standardized and effective treatments. This funding will help us expand our reach and impact in India and APAC. We look forward to entering the US market next where VR therapy has received CPT codes for reimbursement from insurance providers.”

India Mental Health Market Valuation is projected to reach approximately USD 62.86 billion by 2032, up from USD 6.89 billion in 2023, with a compound annual growth rate (CAGR) of 28.16%. 

Wundrsight is a mental health startup building VR-based Digital Therapeutics solutions for improving patient treatment outcomes and augmenting clinician workflow. Founded in 2022 by Raunak Swarnkar and Nishtha Budhiraja, the startup aims to revolutionise how therapy is delivered by digitising therapeutic protocols for specific mental health conditions using Virtual Reality.

Inflection Point Ventures (IPV) is an angel investing platform with over 14,000+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors.

With the launch of Physis Capital, a $50 million fund, IPV is committed to backing growth-stage startups from pre-Series A to Series B.

Dermocosmetics Startup Led by Renowned Dermatologist Dr. Chytra Anand Secures Seed Round Investment Led by Inflection Point Ventures

(L-R)  Meera Iyer, Co-Founder & CEO, Dr. Chytra Anand, Founder & Chief Formulator

• SkinQ offers dermatologically tested solutions tailored specifically for melanin-rich skin to enhance confidence and well-being for millions worldwide.
• The funds will be utilised towards new product launches, research and development, team expansion, and brand enhancement.
• SkinQ secured a finalist spot at the esteemed Beauty & You awards by Estee Lauder & Nykaa in November '23.
• Inflection Point Ventures (IPV) has so far invested over INR 650 Cr across 200+ deals.

In a significant boost to the burgeoning personalized skincare market, SkinQ Dermo cosmetics has secured a seed investment led by Inflection Point Ventures with participation from Venture catalysts and Super Angels. This funding round marks a milestone in SkinQ's journey to bring cutting-edge dermo cosmetics solutions to the market.

Founded by the globally acclaimed dermatologist Dr. Chytra V Anand, SkinQ is not just a pioneering brand but a movement towards redefining skincare standards. The company's ethos is rooted in empowering individuals with melanin-rich skin, enhancing their confidence and well-being. With its mission to elevate the Skin Quotient of 10 million customers in the next three years, SkinQ is setting a new precedent in the industry with Clinically tested and proven solutions for Skin of Colour. SkinQ is bringing dermatologist expertise to the homes of the consumers with solutions for common skin concerns. 

The seed capital from IPV is pivotal for SkinQ's aggressive expansion plans. The funds will be strategically channelled towards launching innovative products, ramping up research and development, expanding the team, and enhancing the brand’s market presence. This investment signifies a transformative phase for SkinQ, poised to disrupt the traditional skincare market with its unique focus on melanin-rich skin.

SkinQ is spearheaded by 2 Women of renown in their fields. Founder & Chief formulator, Dr. Chytra Anand, a globally renowned Dermatologist and a leading skin influencer is the visionary force behind SkinQ, leveraging her expertise as a skin of colour expert and acclaimed award winning dermatologist.

Co-Founder & CEO, Meera Iyer, equipped with a B.Sc in Chemistry and Biotechnology, and an MMS in Marketing, complements the venture with her strategic acumen, serving as an instrumental co-founder shaping SkinQ's growth trajectory leveraging her expertise from Unilever, Big basket and Medlife CMO & CBO roles.

Ivy Chin, Partner, Inflection Point Ventures, says, “By embracing the melanin-rich skin of Indians, SkinQ aims to revolutionise skincare by recognizing the unique needs of Indians . By addressing the distinct requirements of the melanin-rich skin, SkinQ has the potential to captivate the hearts of millions, who can truly appreciate the difference in its products.”

SkinQ achieved a significant operational milestone, growing MOM in their revenues, marking substantial growth and success in its endeavours with a discerning customer base and new channels of distribution. SkinQ is the first Indian Origin Dermo Cosmetics brand retailing in Dermatology offices & MedSpas in USA.

It boasts a unique array of strengths and USPs, including clinically proven functional Dermo Cosmetic solutions known for their efficacy. As the brainchild of a dermatologist, the brand stands out as the first to specifically formulate and test products addressing concerns of skin of colour, setting a pioneering standard in the industry.

Dr. Chytra Anand, Founder, SkinQ, says, “Everyone deserves to have healthy glowing skin and access to best in the class solutions celebrating the diversity and uniqueness of Indian skin and melanin rich skin. With over 2/3 of the world’s population being Melanin rich there is an under representation with only 8% of skin solutions solving for them globally.

“The alliance with IPV & our investors is a strategic enabler in our quest to redefine the skincare paradigm through a fusion of scientific ingenuity and technological innovation. This capital infusion is pivotal in augmenting our research and development bandwidth, enriching our bespoke product portfolio, and amplifying our outreach to a discerning customer base.”

We are building a multi-dimensional approach to be present at various touch points of our customers skin health journey in the fasting growing segment today.”

SkinQ garnered notable recognition in the beauty industry, securing finalist positions at esteemed events like Estee Lauder & Nykaa's Beauty & You awards and the D2C Innovation Awards underscoring its innovative approach. Additionally, its sunscreens have received accolades, ranking as the top choices—voted as the top 5 by Vogue Beauty Awards and top 4 by Elle Beauty awards—solidifying SkinQ's commitment to quality and effectiveness in skincare.

The Dermo Cosmetics market in India showed substantial growth, rising from $188 million in 2021 to an anticipated $450 million by 2030, indicating a significant upward trajectory. Globally, the industry was valued at $51 billion in 2021, forecasted to reach an impressive $130 billion by 2030, showcasing substantial expansion and potential for the coming years.

About SkinQ: Founded by Dr. Chytra V Anand, an internationally recognized dermatologist, SkinQ focuses on delivering skincare solutions based on individual skin needs for Skin of Colour concerns.

Combining scientific research with innovative technology, SkinQ aims to set new standards in the skincare industry with proprietary novel formulations.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 9600 CXOs, HNIs, and Professionals who together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF, Physis Capital, to invest in pre-Series A to Series B growth-stage start-ups.

Logistics Tech Co. OORJAA Secures ₹5.35 Cr in Pre-Series A Round-II Led by Inflection Point Ventures

[L-R Standing] Prashant Mohite COO, Sandeep Patil CEO, [L-R Sitting] , Umesh Singh (CIO) , Yogesh Parab CTO, Oorjaa

• Funds will be utilized for scaling the PiE KART platform, technology development, and expanding the team.
• OORJAA is a cutting-edge logistics technology company specializing in sustainable last-mile and mid-mile delivery solutions.
• Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals.

OORJAA, a leading logistics solutions company, has successfully raised INR 5.35 Crore in its Pre-Series A Round 2 from Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures and HEM Angels. The funds will be dedicated to scaling the PiE KART platform, advancing technology, and expanding the team.

OORJAA focuses on utilizing cutting-edge technology to drive efficiency, visibility, and sustainability in last-mile and mid-mile deliveries. Their recently launched app-based product, PiE KART, offers affordable, reliable, and eco-friendly intra-city delivery solutions. It accomplishes this by employing shared trucks for same-day delivery, catering specifically to the needs of small and medium-sized enterprises (SMEs).

Mitesh Shah, Co-Founder of Inflection Point Ventures, emphasized the significance of reshaping the logistics landscape. He stated, "The logistics industry plays a pivotal role in virtually every business. However, it remains largely unorganized due to its multifaceted and uncontrolled factors. OORJAA has embarked on a transformative journey to address these challenges, providing end-to-end automation solutions for diverse delivery requirements."

Sandeep Patil, CEO & Co-founder of OORJAA, highlighted the company's impressive 5.0x growth since Round 1, led by IPV. "With this Round 2 funding and the recent launch of PiE KART, we are entering the next phase of our expansion. Our commitment is to revolutionize last-mile and mid-mile logistics through advanced technology. Our investors, led by IPV, have been instrumental in our journey towards greater heights," he said.

OORJAA operates in more than 40 cities across India, managing a monthly delivery volume of 22 million tonnes. In recognition of their significant contributions to the logistics industry, OORJAA was named one of the Top 10 Logistics Startups in 2021 by Industry Outlook. Last year in March, 
Oorjaa had raised around Rs 9 Crores in a funding round, which was also led by Inflection Point Ventures and joined with participation from a clutch of HNIs as well as through Vinners angel investing platform.

With proprietary technology tools designed to optimize operations and PiE KART, a pioneering shared cargo delivery platform, OORJAA is a key player in the industry, driving innovation and efficiency in their service offerings.

The Indian intra-city logistics market, estimated at USD 4 billion, exhibits a projected compound annual growth rate (CAGR) of 12% year-over-year. This indicates substantial growth potential and opportunities in the Indian logistics industry.

OORJAA is on a mission to reshape the logistics landscape, empowered by experienced industry experts and strategic advisors. The company is committed to helping businesses thrive in today's rapidly evolving market.

About OORJAA:

OORJAA is a dynamic and innovative logistics technology company that is transforming the way businesses manage their last-mile and mid-mile deliveries. With a strong emphasis on technology, efficiency, and sustainability, OORJAA offers a comprehensive suite of solutions designed to optimize logistics operations, reduce costs, and enhance customer experiences. Our flagship product, PiE KART, is a revolutionary shared mobility platform that redefines intra-city deliveries, providing businesses with affordable, reliable, and eco-friendly transportation solutions. Backed by a team of industry experts and strategic advisors, OORJAA is on a mission to reshape the logistics landscape and empower businesses to thrive in today's rapidly evolving market.

About Inflection Point Ventures & Physis Capital:

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

Data-driven Healthcare Startup Answer Genomics Raises $500K from Inflection Point Ventures

(L-R) Rahul Ranganathan – CEO, Dr Balamurli AR – CTO

• Answer Genomics is a healthcare company that uses genome-based data to help individuals maintain better physical and mental health
• The funds will be utilized for growth, Sales & Marketing expenses along with talent hiring
• Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals

Hyper-personalized & data driven wellness platform, Answer Genomics has raised $500K in a pre-series A Round from Inflection Point Ventures. The funds will be utilized for supporting Sales & Marketing efforts and expanding the talent pool through strategic hiring initiatives. Additionally, these investments will enable Answer Genomics to continue pioneering advances in genomics and ultimately enhance the well-being of individuals through personalized health insights by sequencing 10K genomes in the next 12 months.

Answer Genomics is a data driven precision health company dedicated to harnessing the power of multi-ominc data to assist individuals in making informed decisions about their health. Their approach involves delving directly into the genetic blueprint, microbiome and physiological parameters decoding both physical and mental health factors. Founded in 2019, Answer Genomics is led by Rahul Ranganathan as CEO, a Molecular Biologist from Delhi University, and an MBA from XLRI Jamshedpur with experience across organizations like PepsiCo and Flipkart. Dr. Balamurali AR serves as the CTO and is a Ph.D. in AI/ML from IITB and Monash University, along with a Post Doc in AI/ML from CNRS France. He has worked for over 20 years in reputed companies like IBM and Samsung, with additional contributions as a Visiting Faculty at IIM Vizag.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “Research and development in healthcare has always been of critical importance, with Genomics being at the cutting edge. Data science lends itself very well to Genomics, allowing healthcare companies to provide deep insights, and bio hacks to improve one’s lifestyle quality. As an early mover, Answer Genomics not only addresses an individual’s need for better health, but also provides data for large organizations to create better products.”

India, with one of the largest and diverse populations in the world, is not represented well globally when it comes to genetic information. Most of the data used for reference comes from Western countries. This can lead to incorrect results in the tests, which would prove harmful. Answer Genomics plans to unlock the power of genetics to provide potential know-how for dealing with several health and lifestyle ailments.

The company is collecting samples from people with their consent to create a database of genetic information. They take a small amount of blood and analyze more than 5 million data points from it. This helps them give personalized advice for staying healthy. They look at various parameters including genes, medical history, microbiome, and lifestyle to give you advice on how to be healthy now and in the future. Based on the data collected, they give advice suggesting food habits, lifestyle choices, supplements, and medications. Answer Genomics is already working with large companies to help their employees understand health issues with the help of Genomics.

The company has also filed for 2 patents and holds publications papers in important peer reviewed journals.

Rahul Ranganathan, CEO, Answer Genomics, says, “The advent of AI is changing the landscape of healthcare. We now possess the technology capable of understanding the human body for the masterpiece that it is. Multi-omnic data collected over a course of time forms a picture of current and future health allowing accurate prognosis, early diagnosis, and precision treatment. We believe precision health would reduce the burden on our healthcare infrastructure by allowing for accurate predictions, remote interventions, and faster recoveries.”

Answer Genomics is the only company in genomics that is covered under insurance. The company has a pan India presence. The Indian healthcare market in 2022 was estimated to be valued at $372 billion, according to Niti Ayog. The Indian preventive healthcare market is poised for substantial growth, projected to expand at an impressive compound annual growth rate (CAGR) of 22%. By 2025, this sector is expected to reach a substantial market size of $197 billion, as indicated by a collaborative report from Redseer, Chirate, and AWS. This anticipated growth underscores the increasing emphasis on preventive healthcare and its significance in the Indian healthcare landscape. The genetic testing market in the Asia-Pacific region is expected to grow at a CAGR of 7.65% to $15.33 billion by 2027. Geographically, the Indian genetic testing market is the fastest growing in the APAC region.

About Answer Genomics

Solving the healthcare data problem for the Indian population, Answer Genomics is a data driven precision health organization providing prognosis, diagnosis, and rehabilitation for a range of lifestyle disorders through its consumer brand NuGenomics.

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

 

Inflection Point Ventures announces full exit from Koovers with 47% IRR

• IPV has recorded 2.1X MoM in just 22 months of investing in Koovers
• Koovers is a B2B e-commerce platform providing genuine spare parts to independent auto-workshops and the aftermarket with doorstep delivery.
• IPV has successfully delivered 22 Partial Exits, 12 Full Exits to their investors with promising returns so far.
• Recently, IPV announced exits from 2022 registering 160% IRR

Inflection Point Ventures, one of the most active angel platforms with over Rs 600 crore invested across 175+ startups, has announced a full exit from Koovers with 47% IRR. IPV has achieved 2.1X MoM from this exit within 22 months of investing in the Company. This success underscores IPV's strategic expertise in nurturing and guiding its portfolio companies to thrive in the competitive startup landscape. The exit comes at the back of Koovers acquisition by German automotive giant Schaeffler India for over Rs 142 crore.

Koovers, a B2B e-commerce platform, streamlines genuine auto part supply to independent workshops and the aftermarket. With a focus on convenience and efficiency, it aims to expand its offerings and improve the automotive aftermarket supply chain. The company is known for its diverse range of authentic parts, user-friendly ordering, and prompt doorstep delivery thus reducing workshop downtime, and enhancing efficiency. Koovers is dedicated to innovation, ensuring its customers have timely access to the right parts.

Koovers owes its success to a strong founding team, whose dedication to innovation and industry expertise has been pivotal in reshaping the automotive supply landscape.

Commenting on the exit, Mitesh Shah, Co-Founder, Inflection Point Ventures, says, “At IPV, we're dedicated to working closely with founders to create lasting value. With Koovers, we went beyond the business aspect to enhance their overall market perception in a rapidly evolving sector. We're not just advisers; we're connectors and active partners in every business decision. We work with the founders closely to actively influence outcomes by being fully engaged throughout the journey as opposed to signing a cheque and playing a passive role.”

IPV recognized Koovers' unique strengths and opportunities. The collaboration was designed to go beyond traditional investment relationships. IPV worked closely with Koovers to refine their strategies, shape their business model, and craft a strong fundraising and exit plan.

IPV's commitment extended to connecting Koovers with key industry professionals helping the company build a network of right professionals to guide them through a planned growth and exit map.

Sandeep Begur, CEO, Koovers, says, “IPV was a pillar for us during our fund raise and M&A stage - with Mitesh playing a pivotal role in the whole process.”

As of 2023, IPV has achieved remarkable milestones. The early stage focused angel platform has delivered 22 partial exits and 12 full exits to their investors with promising returns so far. In 2022, IPV continued its trend of success with 12 exits, delivering a commendable 160% IRR to investors. This followed an exceptional 2021, during which IPV achieved 13 exits with a remarkable 190% IRR, solidifying its commitment to generating substantial returns and fostering the growth of promising startups

About Koovers

Koovers is a prominent B2B e-commerce platform specializing in supplying genuine auto parts to independent workshops and the aftermarket sector. Focusing on convenience, Koovers offers doorstep delivery. The company's constant goal is to improve its product range and enhance the efficiency of the automotive aftermarket supply chain, ensuring customers have access to quality parts with ease.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

SaaS-based Logistics Provider ShipEase Raises $1 Mn in Pre-Series A, Round Led By Inflection Point Ventures

(L-R) Ajay K (MD & CTO) , Pawan Kumar (CEO) , Lalit Singh (CRO) — Shipease

• ShipEase is a SAAS based logistics provider helping D2C brands and SME e-tailers in making their supply chain efficient.
• The funds raised will be utilized in team expansion, tech improvisation, new product development, Marketing and Brand building.
• Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals.

ShipEase, India's most efficient logistics company has raised $1 M in a Pre-Series A Round led by Inflection Point Ventures. The funds raised will be utilized in expanding the team, improving the technology, developing new efficient products and brand building.

ShipEase is a SAAS based logistics provider helping D2C brands and SME e-tailers to make their supply chain efficient. The company offers the best-in-class automated shipping services and seamlessly ships to 28000+ pincodes with smart courier allocation.

ShipEase was founded by a trio of accomplished professionals. Pawan Kumar, the CEO, brings expertise from Xpressbees, Ecom Express, and Delhivery Ltd. Lalit Singh, the CRO, has worked at well reputed companies like FedEx, Delhivery, and Reliance Industries. Ajay K, MD & CTO comes with tech experience working with RBS, Iris Inc, and Aricent. Their collective experience in logistics, e-commerce, and technology drives Shipease's mission to innovate the shipping industry.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “Logistics play a pivotal role specially for D2C brands as managing supply chain is one of the biggest cost heads. For new and emerging brands, to build their own supply chain pan India, is a multi-crore commitment. However, ShipEase’s platform and their tech approach can help brands reach their customers faster while keeping logistics costs low.”

While timely and safe goods movement for high value products is a high priority for companies, what makes the shipments more secure is tech solution features including tracking the products, NDR Management and so on. ShipEase has successfully designed a technology-enabled logistics solution which provides end-to-end automation for varied delivery requirements. ShipEase with a domain expert founding team, cost-effective methods and robust technology positions the company as one of the most preferred partners for brands and SMEs.

Pawan Kumar, Founder, ShipEase, says, “We would like to project ourselves as tech savvy organization for D2C community and offline brands right from managing the production, inventory control, supply chain followed by logistics. It has been a phenomenal experience so far with IPV for putting faith in us and believing in our team & vision.”

ShipEase is serving a wide seller base of 2000+ clients with the business quantum of 3.5 Lakhs+ shipments per month. Also, the company operates on a double-digit positive EBITDA as per Jul’23 trends. The company has accomplished this exceptional growth with a very lean team size and in a very short span of time.

The Supply Chain Management Market was valued at approximately US$ 26.8 billion in 2022. It is anticipated to achieve a valuation of around US$ 62.20 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030.

About ShipEase

Founded in 2020 by Pawan Kumar, Ajay K, and Lalit Singh, the SAAS-based logistics provider stands as a pivotal solution in the realm of Direct-to-Consumer (D2C) brands and Small and Medium-sized Enterprise (SME) e-tailers. With a clear mission, this innovative platform aims to optimize and streamline supply chains, propelling operational efficiency for businesses operating in the digital landscape. By harnessing the power of software-as-a-service (SAAS), the company empowers D2C brands and SME e-tailers to navigate the complexities of modern logistics with ease. With an intimate understanding of the unique challenges these businesses face, the platform stands as a dynamic enabler of growth, facilitating smoother processes and driving a more seamless connection between these enterprises and their customers.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

Schaeffler India Acquires Koovers, A B2B Automotive Spares E-Commerce Startup

Addition of B-to-B e-commerce platform to act as a key enabler for the aftermarket ecosystem, including distribution partners

Koovers is a brand of KRSV Innovative Auto Solutions Private Limited

Acquisition of 100 percent of the shares via a share purchase agreement

Schaeffler India Limited today announced that the Board of Directors has approved the acquisition of 100 percent of the shares of KRSV Innovative Auto Solutions Private Limited (in the following “Koovers”), a Bengaluru-based private limited company offering spare parts solutions to Indian aftermarket workshops via a B-to-B e-commerce platform. This acquisition presents an ideal synergy for Schaeffler’s future aftersales activities in India. It will be a key enabler for the aftermarket ecosystem, including distribution partners and help to play an important role in the fast growing and evolving aftermarket digital landscape.

 

Koovers founders

Schaeffler’s Automotive Aftermarket division supplies components and holistic repair solutions for the automobile spare parts business worldwide and sees itself as an enabler of garages. With an overarching understanding of systems and comprehensive services, Schaeffler supports garages in complex repairs and at the same time contributes to extending the operating life of vehicles.

Founded in 2015, Koovers has established a B-to-B e-commerce platform offering spare parts solutions to aftermarket workshops in India. With revenues of INR 777 million in the financial year 2022-23, the company has a compelling growth story and is one of the fast-growing players in the Indian B-to-B e-commerce market.

Koovers had raised a total of $2.5 million in funding over two rounds. Their latest funding was raised on June 2022 from a Seed Round. Koovers' largest round was in year 2021 when it raised $1.5 million led by Inflection Point Ventures. Other investors in that round include JPIN-VCats and Venture Catalysts.

Koovers supplies to over 7,000 plus workshops and has a portfolio of around 1.8 million parts from various manufacturers. The platform will continue to operate under Koovers brand name.

“We are happy to announce the acquisition of Koovers, a milestone moment for Schaeffler in India. This will be a strategic step to maximize value creation through our repair solutions for all customers. Schaeffler Automotive Aftermarket’s ambition has always been to simplify workshop operations with plug and play products and solutions, while building consumer connect. Koovers strongly supports this ambition with its innovative digital offering,” said Mr. Harsha Kadam, Managing Director and Chief Executive Officer at Schaeffler India.

Under the share purchase agreement, Schaeffler India Limited will acquire 100 percent shares of KRSV Innovative Auto Solutions Private Limited for a consideration of approximately INR 1,424 million. The transaction would be completed in third quarter of CY 2023, subject to customary closing conditions. This acquisition will be fully funded by own cash generation.

“This acquisition is in line with Schaeffler India’s strategic initiatives for growth and provides a compelling synergy potential. With its digital offering, the Koovers B-to-B e-commerce platform enables workshops to easily order spare parts solutions. We welcome the Koovers team to the Schaeffler Group,“ commented Mr. Debasish Satpathy, President Automotive Aftermarket Schaeffler India.

Mr. Sandeep Begur Sheshadri, Chief Executive Officer and Co-founder at Koovers said: “Since our foundation eight years ago, we have scaled our business through innovative solutions and offerings. Koovers will expand its market coverage and depth, as well as extend product portfolio across the automotive aftermarket under the ownership of Schaeffler India. We are delighted to be an integral part of Schaeffler India and are committed to create value for all stakeholders.”

The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. The motion technology company manufactures high-precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The Schaeffler Group generated sales of EUR 15.8 billion in 2022. With around 84,000 employees, the Schaeffler Group is one of the world’s largest family-owned companies. With more than 1,250 patent applications in 2022, Schaeffler is Germany’s fourth most innovative company according to the DPMA (German Patent and Trademark Office).

About Schaeffler India Limited

Established for more than 60 years, Schaeffler India is a leading motion technology company with 4 manufacturing sites in Pune, Vadodara, Maneja, and Savli, 3 R&D centres, and 8 sales offices. In 2022, the company reported sales of INR 68,674 million, supported by a team of 3,190 employees. The company is well represented in India with its three divisions – Industrial, Automotive and Automotive Aftermarket, offering comprehensive range of products and services under the brands of FAG, INA, LuK and TruPower. Schaeffler caters a to a large and diverse customer base with efficient engine & transmission solutions, chassis and E-mobility solutions on the automotive division and reliable range of bearings and accessories with award winning Industry 4.0 and Lifetime Solutions for the industry division. Both the divisions are backed by a strong network of aftermarket footprint bringing products and solutions closer to customers. The strategic roadmap is driven by a well-defined ESG (Environment, Social, Governance) program, and Schaeffler India is committed to contribute to the global sustainability targets. Committed to quality, innovation, sustainability with a passionate team Schaeffler India strives to pioneer motion to advance the industrial and automotive technology in India. Explore more - www.schaeffler.co.in

13SQFT.com Raises $1 Mn in Pre-series A Round Led by Inflection Point Ventures

• 13SQFT.com is India’s first and largest B2B Digital Platform built especially for warehousing, logistics and cold chain industries. It is a one stop shop for all space, infrastructure, automation, and technology needs.
• The funds will be utilized for Strengthening the Commercial and Technical Team, Platform Technology, Brand Building
• Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals.

13SQFT.com, India's first B2B platform for warehousing, logistics and industrial sector has raised $1Million in a Pre-Series Round led by Inflection Point Ventures. The funds will be utilized to expand the commercial and technical teams, bolster the platform's technology, and elevate its brand presence, underscoring 13SQFT.com's commitment to shaping the future of these industries in India.

L-R_Alok bansal, CEO_Payal Chaudhary, Co-Founder and CHO 13SQFT.com 

13SQFT.com is India's first and largest B2B digital platform dedicated to warehousing, logistics, and cold chain sectors. Serving as a comprehensive solution hub, it caters to diverse needs including space, infrastructure, automation, and technology.

13Sqft is organizing an unorganized and fragmented base of building materials, equipment and fittings for warehousing, aggregating demand for specialized warehousing needs. It is also building tech-driven designs for optimal space planning and estimation of costs to set up warehouses.

With the platform launched in 2021 by Alok Bansal and Payal Chaudhary, Founders bring deep domain expertise in the warehousing and logistics industry. Mr. Bansal is an industry veteran with an MBA from SPJIMR and executive education from IIM Ahmedabad in Warehouse Design, and Mrs. Chaudhary, a skilled professional holding a Gold Medal in MSc (Biotech) and an M-Tech in Supply Chain. With Mr. Bansal's extensive leadership experience as the former CEO of notable companies like DTDC Supply Chain, Delhivery, Mercedes Benz, and Infosys, coupled with Mrs. Chaudhary's prior experience in running an infra company along with academic excellence and passion for driving change, 13Sqft has quickly risen as a major player in India's warehousing, logistics, and cold chain sectors.

Ankur Mittal, Co-Founder, Inflection Point Ventures, says, “13sqft is an innovative B2B platform which will streamline operations and provide end-to-end solutions for the logistics industry. This B2B digital platform ensures faster turnaround time and helps clients to validate expenditure and select the best solution for optimal results. We are excited to support 13Sqft's journey as they reshape the future of warehousing and logistics, offering a tech-driven solution that addresses the industry's challenges and transforms them into opportunities for success."

Mr. Alok Bansal, Founder, 13sqft, says, “We're thrilled with the amazing response from the market and clients. We've worked hard to understand and fix industry challenges. Now, we're the go-to for companies needing land, warehouses, and facility setups in logistics, retail, and more. Our platform is buzzing with companies listing their spaces and products, attracting buyers and investors. We're excited to partner with the government, supporting national growth by creating the right facilities. Our goal is to help small businesses, startups, and Make-in-India companies succeed on our platform.”

The startup's remarkable accomplishments have been recognized through numerous awards, including the prestigious ASSOCHAM Excellence Award for being the Best Emerging Player in logistics and warehousing in 2023. Notably, 13SQFT.com has not only achieved EBDITA positivity but also showcased its prowess through projects spanning the entire expanse of India.

13Sqft is the first Platform focused on warehouses, logistics, cold chain, and manufacturing giving them end-to-end solutions on space leasing, design and build Infrastructure + procurement services. The Company has achieved this on the back of a strong team focused on building one-stop platform designing and set up complete facilities with AI based digital modules of asset search, asset building, asset buying and asset management.

The demand for both general and specialized warehousing infrastructure in India is experiencing a robust growth trajectory, with a Compound Annual Growth Rate (CAGR) of 19%. Simultaneously, the B2B e-commerce sector is on the brink of significant expansion, with projections indicating a staggering increase from $20 billion in CY22 to $125 billion in CY27, translating to an impressive CAGR of 44%. These promising figures underscore the evolving landscape of warehousing and commerce in the country, reflecting a dynamic and rapidly evolving market.

About 13SQFT.com

13Sqft is building India’s first B2B Digital Platform for Warehouses, logistics, Dark Stores, Cold chain & industries focused on organizing an unorganized and fragmented base of building materials, equipment and fittings for warehousing, aggregating demand for specialized warehousing needs through its digitized platform. With end-to-end solution including searching for the right facility, developing right layouts, building external + internal Infra and procurement including Racking & storage, Mezzanine floors, MHEs, automation, EV vehicles and other all categories. We are helping companies to use tech in managing their Infra and with the help of AI in future we will help clients to take the right decision in finalization of facility and the infra.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

Prepaid Card Solution BizPay Raises Undisclosed Amount in a Seed Round led by Inflection Point Ventures

• The funds will be utilized as follows: 20% for product development, 60% for marketing, and 20% for other purposes.
• Inflection Point Ventures (IPV) has so far invested over INR 550 Cr across 170+ deals

Bizpay has raised undisclosed amount in a Seed Round led by Inflection Point Ventures. The company plans to use 20% of the funds for product development, 60% for marketing, and 20% for other purposes.

Bizpay offers a prepaid card solution integrated with advanced SaaS software, enabling corporates to streamline expense management, gain insights through analytics, and enforce policy compliance.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “We are thrilled to be part of BizPay's journey towards reshaping the corporate expense management landscape in India. The innovative integration of prepaid cards and advanced SaaS software presents a transformative solution for businesses to streamline expenses, gain actionable insights, and ensure compliance. Inflection Point Ventures is excited to support BizPay as they look to unlock efficient and insightful corporate expense management.”

Currently operating across India, Bizpay has established a robust presence and has plans to enter Middle East and North Africa markets. The company is poised to broaden its reach and extend its innovative expense management solutions to a global audience.

Mikdad Saleem Merchant, Founder, Bizpay says, "Over my 13+ years in auditing and accounting, I repeatedly observed that employee expenses outside the office were a significant source of errors and losses. Delayed or missing reimbursements caused frustration for employees, while lack of visibility and control led to overspending. To address these pains and empower businesses, we founded BizPay. By integrating a comprehensive software suite with corporate cards, digital wallets, and Travel Management Solution, BizPay emerged as the solution to track spends, curb wastage, and drive substantial savings for businesses of all sizes."

Bizpay stands out in the market with its highly experienced team, strong tech understanding, and a differentiated product offering. Beyond travel and expense management, Bizpay's versatile platform enables corporate financial planning and can be used for various expense types, making it a comprehensive and innovative solution for businesses seeking efficient expense management.

About Bizpay

BizPay is an automated, bank-integrated, and mobile-first expense management software suite of corporate prepaid cards, apps, and services founded on 11th September 2021 by Mr, Mikdad Merchant.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

Gaming Startup MetaShot Secures $400K in Funding Round with Participation from Inflection Point Ventures

(L–R) Founders – Ajith Sunny (CFO) , Prince Jacob Thomas (CEO), Ranjit Behera (COO) - Metashot

Gaming startup MetaShot secures $400K in Pre-Seed Round with Participation from Inflection Point Ventures

• MetaShot developed a smart metaphysical gaming device with advanced sensors and proprietary technologies which now enables console like game experience at mass affordable pricing.
• Funds to be used for growing the tech team, scaling operations, investing in marketing and R&D
• Inflection Point Ventures (IPV) has so far invested over INR 600 Cr across 190+ deals.

MetaShot, a Bangalore-based gaming startup, secures $400K in a Pre-seed Round with participation from Inflection Point Ventures. The round also saw participation from an early-stage gaming focussed fund and prominent angels, including founders of Dineout - Ankit Mehrotra, Sahil Jain and Khalid Qazi, among others. The funds will be used to expand the team, invest toward growth & marketing, and for R&D efforts.

MetaShot, with its vision to bring the joy of sports to every living room, aims to democratize the console gaming industry with its innovative technologies that will now make metaphysical gaming devices accessible to millions of households.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “MetaShot is bringing a near real life cricketing experience to the gamers. Cricket is loved in India in all seasons and for all reasons. We see that with the right marketing and business strategy, that Metashot has demonstrated, they can tap into billions of cricket lovers in the country and explore strategic partnership to drive their brand recall. The potential is immense, and we believe IPV can help MetaShot with this Moon shot of an opportunity.”

MetaShot's revolutionary platform offers users an immersive cricket experience from the comfort of their living rooms. No more waiting for the right season or fancy stadiums – one can play cricket and connect with friends from all over the world. MetaShot platform allows users to play with their friends or strangers from around the world, making the game social. MetaShot is one of the few companies from India uniquely positioned to disrupt the growing global console market. The company aims to carve a new audience segment with its unique metaphysical gaming experience.

MetaShot is backed by a dynamic founding team of three individuals, each bringing diverse expertise and extensive experience. Prince Jacob Thomas, the CEO, brings over 13 years of experience in product and brand-building, having previously held a management position at BankBazaar.com. Ranjit Behera, the COO, is an alumnus of IIM Bangalore and NIT Rourkela, with a rich background in growth and marketing strategy, he has worked at MyGate, Aditya Birla, and BankBazaar, among others, and holds two patents. Ajith Sunny, the CFO, comes with a solid sales and operations background and has experience in senior management roles in various industries, including logistics and real estate.

Prince Thomas, Co-founder, MetaShot says, "MetaShot aims to revolutionise the $72bn global gaming console market by introducing accessible metaphysical gaming, which is currently in its early stages globally and in India. Our mission is to bring the joy of physical sports to every living room. With our first product, we aim to bring the fun & excitement of real cricket into every living room of a cricket-crazy nation. Interestingly, we dreamed, designed & built MetaShot completely out of India. We thank our investors for believing in our journey and backing our mission."

In a cricket-obsessed nation, MetaShot is reshaping the game itself. The pricing, set at a mere fraction of console costs, opens the door for every cricket enthusiast to indulge in an enticing and accessible experience. MetaShot achieved a remarkable feat by selling its pre-booking spots for Bangalorei in 24 hours!

Currently, MetaShot is operating in the Bangalore market and plans to expand its operations to other cities in the second quarter of the current financial year, with further aspirations to venture into other cricket-playing nations soon.

The Indian gaming gadget market, currently valued at $1.2 billion, is projected to experience a significant CAGR of 14.1%, reaching an estimated worth of over $6.3 billion by 2032. Globally, the gaming gadget industry stands at $71.2 billion today and is anticipated to grow substantially to $157 billion by 2032.

Earlier in June, metaverse gaming platform AvatarLife raised $1.5 million in seed funding round led by Info Edge Ventures and Temasek. In January, Bengaluru-based casual gaming startup Giga Fun Studios had raised $2.4 million in Seed round led by Lumikai and Fireside Ventures

About Metashot

MetaShot is a startup on a mission to bring the joy of physical sports to every living room. Founded by Prince Thomas, Ranjit Behera, and Ajith Sunny, the founding team has extensive experience in senior leadership positions across Soonicorns and Unicorns. Through their immersive gameplay, MetaShot aims to revolutionise the world of interactive entertainment.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups. 

Space-Saving Furniture Brand Wallter Systems Raises Undisclosed Amount in a Seed Round led by Inflection Point Ventures

• Wallter Systems specializes in creating innovative and functional space-saving furniture that help homeowners make the most of their limited home space.
• The funds will be utilized for brand building and scaling up the operations of Wallter Systems.
• Inflection Point Ventures (IPV) has so far invested over INR 550 Cr across 170+ deals

The space saving furniture brand ‘Wallter Systems’ has raised undisclosed amount in a seed round led by Inflection Point Ventures. The funds will be utilized for brand building and scaling up the operations of Wallter Systems.

Wallter System is a pioneering space-saving furniture brand that addresses the growing need for innovative solutions in the face of shrinking living spaces caused by urbanization and population growth. Recognizing the demand for multifunctional furniture that combines practicality with style, Wallter Systems offers a diverse range of versatile, durable and aesthetically pleasing furniture options.

Bhanushree Natekar, the founder, and CEO of Wallter Systems, brings a strong engineering background and a deep understanding of the challenges associated with limited living space. With prior experience at Shapoorji, she cultivated her skills and a passion for creating functional and stylish furniture.

Ivy Chin, Partner, Inflection Point Ventures, says, “Owning a beautiful space with optimum functionality and space utilization is every person's dream living in urban areas where homes are small in size. Having a well-designed home with multi-functional furniture eliminates the clutter and makes the house looks spacious and visually appealing. This is exactly what Wallter Systems offers, its innovative furniture solutions will enable homemakers to achieve their beautiful homes”.

Wallter Systems is based out of bangalore but caters to customers across India.

Bhanushree Natekar, Founder & CEO, Wallter Systems

Bhanushree Natekar, Founder and CEO of Wallter Systems, “We are driven by a deep passion to empower people, enabling them to create more space in their homes and experience genuine freedom. With unwavering dedication to excellence, we endeavor to establish a world-class product brand that redefines space-saving furniture and fundamentally transforms the way people live their lives. IPV has not just helped us raised funds but has been a guiding force that has impacted not just the company, but customers and employees positively.”

Wallter Systems has achieved significant milestones by adding over 50,000 net usable square feet to homes at a cost that is only 1/10th of the typical expenses. This accomplishment showcases the company's ability to provide cost-effective solutions for expanding living spaces and maximizing the utilization of limited home areas. Along with its USP of creating space saving furniture it also offers offering up to 10 years of warranty on products. 

About Wallter Systems

Wallter Systems specializes in creating innovative and functional space-saving furniture that can help homeowners make the most of their limited square footage.

One of the main benefits of Wallter Systems’ furniture is its versatility. Many of furniture pieces can be transformed into multiple forms, such as a sofa that can be converted into a bed or a dining table that can be folded down into a compact console. This means that homeowners can have multiple pieces of furniture in one, saving them both space and money.

The sleek lines and minimalist aesthetic of their pieces will complement any decor, from contemporary to traditional.

Wallter Systems’ furniture is also durable and well-made. Company uses high-quality materials and construction techniques, ensuring that their pieces will last for many years.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

B2B Commerce Enabler Beyobo Raises ~Rs 5.5 Cr in Pre-Series A Round Led by Inflection Point Ventures

• Beyobo revolutionizes cross-border B2B procurement by providing comprehensive solutions, empowering businesses to thrive internationally
• 25% of the funds will be dedicated to technology enhancement, 35% towards supply enhancement, and remaining 45% will be utilized for demand generation.
• Inflection Point Ventures (IPV) has so far invested over INR 550 Cr across 170+ deals

B2B commerce enabler Beyobo has raised Rs 5.5 Crores in a Pre-Series A Round led by Inflection Point Ventures. SAN Angels, Indian Angel Network and Hyderabad 6Angels also participated in this round, along with several other individual angels. The funding round was initiated by CENSIE Capital Partners, who acted as the investment bank for the transaction.

Anil Agrawal, CEO, Beyobo

The company plans to use 25% of the funds towards technology enhancement, 35% to supply enhancement, and the remaining 45% will be utilized for demand generation.

Beyobo addresses the challenges of product discovery and sourcing in the offline retail market by providing efficient solutions for discovering imported products. The B2B cross-border market is valued at a massive $730 billion. With a focus on beauty & personal care, consumer electronics, and fashion accessories, BEYOBO has gained significant traction, serving over 35,000+ retailers, and generating ~INR 95 crore in revenue in FY23. The company plans to expand into additional categories and incorporate predictive analysis and personalized cataloguing features to enhance the customer experience.

Beyobo's founders include Anil Agrawal (Co-founder & CEO), a second-generation entrepreneur with over 18 years of cross-border business experience. Anil specializes in offline B2B markets, successfully launching the private label brand Whitecherry and achieving remarkable e-commerce success as the largest seller at Paytm Mall for cross-border products. Shikha Agarwal (Co-founder) brings extensive experience in traveling to interior regions of major Asian countries and working with international trade organizations. Kunal Jain (Co-founder) has over 18 years of experience in sales and distribution, having held managerial positions in organizations like Just Buy Live, Videocon, and ICON group.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says “The market for international Brands has seen a sharp rise due to deeper penetration of social media which has removed proverbial boundaries between large metros and tier 2 and 3 cities. The consumers are on a look out for premium and genuine international brands and Beyobo is helping such brands making inroads and opening new markets for them. We believe B2B online commerce is just beginning to unfold in India and it will see many new and disruptive models with Beyobo taking the lead.”

BEYOBO operates at a significant scale with an impressive traction of Rs 11 Cr MRR and maintains a positive contribution margin. Additionally, they are catering to large enterprises and e-commerce players to help in sourcing international products for them.

BEYOBO, fuelled by 20 years of domain experience, driven by seasoned entrepreneurs. With a successful PMF achieved, the company has established deep integration with suppliers. In a fragmented import market worth $720 billion with a CAGR of 12%, BEYOBO's business model is replicable in over 100 countries. Their product features patent-applied technology for small import automation, a supplier panel for convenient catalogue uploads, and a retailer mobile app. Operating on a 10% margin, which can be increased twofold, BEYOBO follows a zero-inventory model and generates revenue through subscriptions and services.

Anil Agarwal, Co-founder & CEO, Beyobo says, “As CEO of BEYOBO, I've seen B2C businesses dominate the last decade, but now we focus on digitalizing B2B operations. Cross-border transactions pose challenges, so we've developed three engines for non-linear growth. Our deep understanding of major Asian countries empowers us, and we're ready to embrace the promising road ahead. The IPV team and their investors prove to be not just valuable in terms of providing funds, but also offer indispensable support in terms of ideating & brainstorming, providing real time feedback and sharing business connects. Moreover, Anil confidently asserts that BEYOBO has already laid out a blueprint for building a multibillion-dollar company.”

BEYOBO exhibits an impressive array of achievements, from securing two patents for cutting-edge smart technology solutions to assembling a formidable team with vast cross-border trade experience. Their compelling USPs, including no minimum order limit and customer-friendly return policies, have garnered significant attention. With a remarkable annual run-rate revenue of over $13 million and positive CM-2 margins, BEYOBO is firmly on the path to success. Moreover, the company is poised to seize a vast market opportunity, collaborating with millions of offline and digital sellers and numerous large enterprises for transactions worth over $150 billion.

About Beyobo-

Beyobo, founded by Anil Agrawal, Kunal Jain, and Shikha Agarwal, is a cutting-edge company in the cross-border B2B procurement industry. With its deep integration into major Asian markets, enhanced patent-applied products, and a highly experienced team, Beyobo is reshaping international trade. The company's USP lies in its comprehensive solutions that address critical pain points, empowering businesses to thrive in the cross-border B2B arena and tap into the vibrant Indian consumer market.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage start-ups.

Hyperlocal Services Startup Dusminute Raises Rs 11.5 Crore Led by Inflection Point Ventures

• Dusminute revolutionizes grocery ordering in gated communities by partnering with developers and RWAs. They provide a superstore within the community and a dedicated super app for home deliveries and other value added services offering residents a convenient and comprehensive solution.
• The funds will be utilized to drive Dusminute's growth in Bangalore.
• Inflection Point Ventures (IPV) has so far invested over INR 550 Cr across 170+ deals.

Hyperlocal grocery-store and managed services company Dusminute has raised Rs 11.5 Crores in a bridge Round led by Inflection Point Ventures. The funds will be utilized to drive Dusminute’s growth in Bangalore.

(L-R) — Apoorva Mishra- CEO, Ankita Asai- CPO, Nikhil Gupta- COO, Dusminute

The round has seen participation from multiple existing investors and industry veteran angel investors syndicated by an angel investor and banker Bandana Kankani.

Dusminute is building a brand catering to the grocery needs of affluent and elite residents in gated communities. While existing quick commerce and traditional e-commerce players have their limitations, such as product quality, delivery time issues and unit economics, Dusminute aims to fill this gap as a crucial third layer. With its hyperlocal omnichannel platform, Dusminute provides a convenient and timely solution for daily essentials and groceries specifically tailored to the needs of these communities.

Dusminute was founded by Apoorva Mishra, Ankita Asai, and Nikhil Gupta, who bring with them a strong academic background with B. Tech degrees from prestigious institutions like IIT Kanpur and IIT Delhi. Apoorva Mishra, CEO, Dusminute is an expert in key operation areas like finance, business operations and strategy, honed through his experience as the founder of Gapoon and previous roles at EXL and Fractal. Ankita Asai, the CPO, specializes in product development, processes and growth, having also founded Gapoon and worked at Schlumberger. Nikhil Gupta, the COO, focuses on efficient operations, with prior entrepreneurial experience at Gapoon and a background at Fractal.

Madhukar Bhardwaj, Sr. Vice President, Inflection Point Ventures, says, “DusMinute is aiming to take quick commerce a notch higher by leveraging an omni channel approach. It blends the best of both worlds, of a quick-commerce operator as a quick delivery provider and the convenience and healthy unit economics of a neighbourhood kirana store. In-society stores make customers more comfortable in buying and exchanging products and the home delivery provided adds convenience with a familiar touch of kirana stores. We believe such a hybrid model has the potential to emerge as a good alternative to users and will establish itself as a recognizable brand in coming times.”

Dusminute plans to expand its operations to the top 7-8 cities in India, leveraging its successful foundation and meeting the growing demand for convenient grocery solutions within apartment complexes.

Its niche focus on apartment complexes and its innovative omni-channel model combining a superstore and superapp sets it apart, offering convenience, high-quality products, and addressing concerns of product quality and delivery time. With a low CAC and a captive audience, Dusminute's profitable business model positions it as a leading player in serving the grocery needs of affluent residents.

Apoorva Mishra, CEO, Dusminute says, “Omni channel is the future of retail and it's here already. Dusminute redefines both the offline and online experience for its consumers. This investment will help us to scale up in Bangalore and turn operationally profitable within the coming months. We want to capture a key market like Bangalore, build a profitable business and then enter newer markets in India.”

Dusminute has achieved remarkable success as Karnataka's leading convenience store chain exclusively serving apartment complexes. With operations currently running in 35 apartment communities and a pipeline of a dozen more, Dusminute has solidified its position as the go-to destination for convenient shopping within these communities.

Dusminute stands to benefit from substantial growth potential as the number of residents in gated communities is projected to more than double by 2030.

About Dusminute

Founded by Apoorva Mishra, Ankita Asai, and Nikhil Gupta, Dusminute is transforming the grocery ordering experience for residents in gated communities. Their innovative approach leverages relationships, data, and proximity commerce. Dusminute adopts a unique omnichannel strategy by partnering with developers and Resident Welfare Associations (RWAs), offering a superstore within the community premises that provides a wide range of products including vegetables, groceries, bakery items, snacks, and even a pharmacy. In addition, their dedicated superapp facilitates home deliveries and offers numerous value-added services like painting, deep cleaning, pest control etc, creating a comprehensive 360° solution for residents' needs.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 8600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF Physis Capital to invest in pre-Series A to Series B growth-stage