Tag: Entrackr : Latest Posts

Consumer-focused early-stage venture capital firm Sauce VC has recently announced the final close of its Rs 750 crore Opportunities Fund. This fund is designed to support and back four to five companies from Sauce’s early-stage portfolio, with a focus on high-conviction bets like Hocco, The Whole Truth, Mokobara, Innovist, XYXX, and Supertails.

The Opportunities Fund strategy aims to bolster high-performing portfolio companies as they progress beyond early-stage rounds. Sauce VC typically targets seed and pre-Series A stages, utilizing such funds to engage in follow-on rounds. Noteworthy for its investments in consumer brands and technology platforms, Sauce VC is set to amplify its ownership in standout portfolio companies and provide support as they navigate subsequent growth phases.

Having previously supported startups such as The Whole Truth, Plum, Rage Coffee, Mokobara, Innovist, Supertails, and Mosaic Wellness, Sauce VC’s recent fund closure marks a significant milestone in its commitment to nurturing emerging businesses. Prior to this, Sauce VC had successfully concluded its third fund at Rs 365 crore in August 2024, following the launch of its initial fund in 2019 and the second fund in 2021.

Source: Entrackr : Latest Posts

Startup MeltPlan, a pre-construction AI platform, recently announced securing $10 million in a seed funding round led by Bessemer Venture Partners, with additional participation from noa. This investment round brings the total funding for the company to $14 million.

Founded in 2025 by Kanav Hasija and Tanmaya Kala, MeltPlan focuses on developing an AI system tailored for the construction sector. The platform aims to comprehend building codes, materials, sequencing, procurement, and construction methods. Notably, MeltPlan has demonstrated impressive performance, scoring 95% or higher on building inspector exams, showcasing its potential to enhance construction planning.

While conventional software tools in the construction industry concentrate on specific aspects like design or execution, MeltPlan introduces a comprehensive planning engine that emphasizes optimizing decisions and trade-offs early in the process to minimize late-stage adjustments and improve overall project efficiency.

MeltPlan’s Planning Engine comprises four interconnected systems: a code system that aids architects, engineers, and inspectors in compliance management; a cost system; a schedule system; and a value system that offers value-impact analysis and optimization recommendations for project owners and developers.

By streamlining planning processes and enhancing stakeholder alignment upfront, MeltPlan aims to make construction planning less complex and more efficient. The company’s collaboration with prominent contractors like DPR Construction and Innovo Group underscores its commitment to transforming pre-construction phases.

Source: Entrackr : Latest Posts

BRND.ME, formerly known as Mensa Brands, has finalized a cross-border merger, relocating its headquarters from Singapore to India in a span of 10 months.

The merger involved combining Mensa Singapore with the Indian holding company, incorporating seven Indian group entities into the same entity. This restructuring plan obtained approval from the High Court of Singapore and was sanctioned by the National Company Law Tribunal (NCLT), Chandigarh Bench, on February 20, 2026.

The company executed the restructuring as a single transaction, conducting offshore and onshore mergers concurrently. BRND.ME is now considering an initial public offering within the next 12 to 18 months. With reported revenue of approximately Rs 1,500 crore in FY25, the company aims for an FY26 revenue run rate of Rs 1,700–1,800 crore. Notably, BRND.ME has achieved adjusted EBITDA profitability and turned operating cash-flow positive in FY26.

BRND.ME’s brand portfolio includes MyFitness and several wellness and lifestyle labels operating in India, the US, Canada, the Middle East, and Europe. The company is exploring further expansion into Southeast Asia, with a presence in 16 international markets.

Several other companies, such as PhonePe, Zepto, Dream11, Decentro, and Groww, have also shifted their headquarters to India in recent years.

Source: Entrackr : Latest Posts

ZeroHarm Sciences, a player in the nutraceutical market, has raised Rs 65 crore ($7.15 million) in its Series A funding round, as reported by Entrackr : Latest Posts. The investment, led by Kotak Alternate Asset Managers Limited and Alkemi Growth Capital, aims to support the company’s growth initiatives.

Established in 2020 by Sachin and Shweta Darbarwar, ZeroHarm Sciences specializes in developing plant-based health supplements using nano formulation technology. This approach enhances bioavailability and facilitates controlled release at lower dosages.

By integrating ayurveda with advanced nano technology, the company aims to create India’s premier health platform. ZeroHarm Sciences focuses on substantiating supplement efficacy through measurable consumer health outcomes.

With an extensive network of over 10,000 farmers in Northeast India and the Himalayas, the company controls the entire value chain from sourcing medicinal plants to product delivery. ZeroHarm Sciences has also patented its nano formulations for various health compositions.

The company offers a diverse range of over 60 products catering to different health needs, including diabetes management, heart health, immunity, and women’s wellness. Its presence across multiple e-commerce platforms has enabled the brand to reach a wide customer base, serving over 300,000 individuals.

This funding round will support ZeroHarm Sciences’ expansion into international markets such as the USA, the UK, and the Middle East, as well as bolster its research and manufacturing capabilities.

Source: Entrackr : Latest Posts

The Delhi-based startup Wootz.work has successfully raised $6.6 million in a Series A funding round led by Z47, with continued support from Nexus Venture Partners, AdvantEdge Founders, and the addition of Stride Ventures. Founded in 2023 by Karan Anand and Himanshu Uniyal, the company focuses on advanced engineering and manufacturing solutions for OEMs across India and Southeast Asia.

The infusion of fresh capital will enable Wootz.work to expand its engineering capabilities, enhance manufacturing control systems, and facilitate larger, mission-critical OEM programs. By integrating engineering, precision manufacturing, and digitally governed quality systems, the company aims to deliver globally competitive manufacturing outcomes at scale.

Wootz.work’s approach involves operating as a single, accountable manufacturing partner for complex industrial programs, ensuring onshore manufacturing where needed. This model allows the company to orchestrate factories and take full responsibility for execution, streamlining processes and enhancing efficiency.

Wootz.work’s strategies have enabled it to compress timelines significantly, providing global enterprises with enhanced visibility from raw material sourcing to final product delivery. The company has a track record of delivering complex cross-border programs for numerous global enterprises, maintaining high standards of quality compliance and on-time delivery.

Source: Entrackr : Latest Posts

Cars24, a prominent player in the used car platform sector in India, faced a challenging fiscal year ending in March 2025. Despite a robust 25% year-on-year growth in the previous fiscal year, the company experienced a significant 10% decline in its operating scale, coupled with a 9% increase in net losses to Rs 543 crore.

The firm’s gross revenue dropped from Rs 6,910 crore in FY24 to Rs 6,233 crore in FY25, according to the company’s financial filings with the Registrar of Companies (RoC).

Notably, the majority of Cars24’s revenue, about 92%, came from the sale of cars through auctions and retail, amounting to Rs 5,733 crore in FY25. Additionally, income from financial services, particularly interest on loans, contributed around Rs 215 crore during the same period.

Procurement of cars remained the largest cost center for the company, representing 81% of total expenses, with costs declining to Rs 5,555 crore in FY25 in line with the reduced scale. On the other hand, employee benefits expenses rose by 15% to Rs 604 crore, including ESOP costs.

Moreover, Cars24 recorded non-operating income of Rs 125 crore from various sources, pushing its total income to Rs 6,358 crore for the fiscal year. Despite the challenging fiscal performance, the company reported an 18% year-on-year increase in adjusted net revenue to Rs 651 crore in the first half of FY26.

Source: Entrackr : Latest Posts

Unacademy, the prominent edtech company, has unveiled a Rs 50 crore Employee Stock Ownership Plan (ESOP) buyback initiative to provide liquidity to its employees. Co-founder Gaurav Munjal disclosed that eight employees are set to earn over Rs 1 crore each, with 17 employees receiving more than Rs 50 lakh and 38 employees expecting over Rs 10 lakh. Munjal stated that the company will contact eligible employees in the coming weeks to participate in the program.

Munjal recently clarified Unacademy’s ESOP exercise terms and valuation, emphasizing a one-time 30-day window for former employees to exercise vested stock options. The current valuation, lower than previous funding rounds, prioritizes preference shareholders over equity holders.

Amid challenges in the edtech sector following the pandemic boom, Unacademy is undergoing strategic adjustments. The company announced a shift from company-operated offline learning centers to a franchise model to enhance cost efficiency and unit economics. Exploring consolidation opportunities, Unacademy’s potential acquisition discussions with upGrad ended due to conflicting valuation terms.

Source: Entrackr : Latest Posts

Voice AI startup Origa has announced raising $450,000 in funding, with Antler Singapore leading the investment round. The funding also includes contributions from angel investors associated with prominent companies like Uber, SpaceX, and Salesforce.

This latest funding round brings Origa’s total funding to $1 million, marking a significant milestone for the company.

The newly acquired funds will be used to expand the engineering team, enhance product capabilities, and expand operations in India and the UAE.

Origa, co-founded by Himanshu Geed, Shubham Garg, and Sunil Jain, specializes in developing a voice AI platform tailored for complex pre-sales and qualification conversations in high-value B2C sectors such as real estate, education, and financial services.

The company has experienced remarkable growth, increasing its revenue by 12 times in the last nine months. Origa currently serves a diverse clientele of 33 customers across India, the UAE, Malaysia, and the US, with zero customer churn.

Origa’s platform is powered by a vast dataset of over a million business conversations. It excels in maintaining conversation context over 50 turns, integrating real-time CRM data, and operating with a latency of under 800 milliseconds. The platform is also versatile, being utilized as a white-label solution by enterprises and various SaaS platforms, including CRMs and lead management systems.

Source: Entrackr : Latest Posts

LAT Aerospace, the hybrid-electric regional aircraft manufacturer, has acquired Gurugram-based defense robotics startup Sharang Shakti. This strategic move aims to enhance LAT Aerospace’s capabilities in autonomous systems and aerospace-grade control technologies.

Highlighting the shared core technology stack between civil aviation and defense sectors, Deepinder Goyal, co-founder of LAT Aerospace, emphasized the commonalities in autonomy, perception, sensing, navigation, guidance, and control systems.

Founded in 2023, Sharang Shakti specializes in anti-drone and aerial threat mitigation systems, including cutting-edge drone detection radar and interceptor technologies. By integrating Sharang Shakti’s expertise, LAT Aerospace aims to fortify its position in developing advanced aerospace solutions.

LAT Aerospace’s vision encompasses the creation of hybrid-electric regional aircraft and vertical takeoff and landing (VTOL) platforms, with a focus on enhancing regional air mobility.

Source: Entrackr : Latest Posts