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Alaan raises $48 million to drive AI-powered finance automation across the MENA region.

August 12, 2025

Illinois bans the use of AI in medical practices without input from healthcare professionals.

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Google enhances its financing platform with AI for real-time data.

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Home ยป From Fintech to well-being: Top Startup Funding Stories of the Week (February 01-07)
Startup News

From Fintech to well-being: Top Startup Funding Stories of the Week (February 01-07)

3 Mins Read
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The opinions expressed by entrepreneurs contributors are theirs.

You read Entrepreneur India, an international media entrepreneurs franchise.

Cash payments
Founded in 2015 by Akash Sinha and Reeju Datta, Cashfree Payments is a company for payments and API banking solutions based in Bengaluru. The platform supports more than 100 payment methods, allowing companies to manage the collections, payments and transfrontal transactions. Features such as payment in one click and abandoned basket recovery strengthen the user experience and conversions.
Financing amount: USD 53 million
Investors: Krafton, API Growth Fund II

Truefoundry
Truefoundry, founded in 2021 by Nikunj Bajaj and Abhishek Choudhary, simplifies automatic learning (ML) for companies. The startup based in Bengaluru and San Francisco offers a native cloud platform to deploy and manage ML applications on cloud or on-site infrastructure. By allowing faster scalability and an improvement in governance controls, Truefoundry helps companies reach a faster deployment of ML / LLM applications. Its innovative approach improves operational efficiency in AI projects.
Financing amount: USD 19 million
Investors: Intel Capital, Eniac Ventures, Peak XV’s Surge, Jump Capital, Gokul Rajaram, Mohit Aron, Cyan Banister

Vilcart
Vilcart, based in Bengaluru, founded in 2018 by Prasanna Kumar and friend S Mali, fills the gap between the stores and rural manufacturers of Kirana. The technical rural trade platform simplifies the management of the supply chain and guarantees access to essential products such as grocery, electronics and FMCG products for rural families. Vilcart also promotes local businesses, creating employment opportunities and empowering rural communities thanks to better logistics and inventory solutions.
Financing amount: USD 10 million
Investors: A-X BV, Spark Capital, Nabventures

Haheroriginals
Created in 2019 by Jitetra Sharma and Piyush Wadhwani, the hair based in Gurugram is specialized in high -end human hair extensions. Their products offer non -surgical solutions to improve the volume, length and color of the hair. Known for its ethical supply and an approach without chemicals, hairstyles are aimed at global consumers looking for DIY hair processing solutions.
Financing amount: USD 5 million
Investors: Anicut Growth Fund, 12 Consumer Holdings flags, Peyush Bansal

Nude
Founded in 2017 by Ravi Ramachandran, Nua, based in Mumbai, transforms the well-being of women with personalized and toxication products. Starting with sanitary pads, the brand has expanded its offers to include period pants, intimate hygiene products, cramp-relief solutions and postpartum care items. Nua also addresses skin care problems such as cyclic acne, offering holistic solutions adapted to the health needs of women.
Financing amount: USD 4.22 million
Investors: Mirabilis Investment Trust, Samir Singh and Shuchi Kothari

This week’s financing highlights the diversified landscape of innovation in India, Fintech and AI to rural trade and the well-being of women.

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Alaan raises $48 million to drive AI-powered finance automation across the MENA region.

August 12, 2025

Illinois bans the use of AI in medical practices without input from healthcare professionals.

August 12, 2025

Google enhances its financing platform with AI for real-time data.

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