Diabetes reversal company Breathe Well-being has raised about $6.1 million in its pre-Series B funding round; Podeum has closed its pre-seed round at $1 million; while SocialBoat has raised an angel round of $200,000 from Plan B Capital. Separately, MProfit has raised $2 million.
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3One4 Capital backs Breathe Well-being
Breathe Well-being has raised about $6.1 million (Rs 50 crores) in its pre-Series B funding round co-led by 3One4 Capital, Accel, and General Catalyst.
The round also saw participation from FounderBank Capital and Supermorpheus. The company will use the funds to strengthen its coaching academy, expand the core team, and scale up the technology platform to enhance customer experience, it said in a statement.
Founded by Rohan Verma (ex-McKinsey) and Aditya Kaicker (ex-Accenture) in 2020, Breathe Well-being claims to offer a simple and effective alternative to medicines to prevent, manage, and reverse type 2 diabetes.
Podeum closes pre-seed round
Sports creators-fan engagement platform Podeum has closed its pre-seed round of $1 million from a host of investors, including Titan Capital, RTP Global, Point One Capital, Bharat Founders Fund, along with prominent angel investors like Sujeet Kumar (Co-founder, udaan), Ganesh Krishnan, and Srini (Co-founder, Growthstory), Harsh (Fynd), among others.
The corpus raised will be used to further grow the sports creator ecosystem and invest in products to grow fan offerings.
Founded in 2022 by Ayush Prashant, Dhananjay Mishra, Mayank Sharma, and Parthsarthi, Podeum is building an online community space, where fans can play live fantasy and prediction games, chat with other fans, and get live expert analysis from sports experts and celebrities.
SocialBoat raises angel round
Other angel investors who participated in the round include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness), Prateek Sharma (Managing Partner, AheadVC), and Neeraj Gupta (Angel Investor), among others.
The funds will help SocialBoat scale its technology platform, strengthen its tech team, invest in brand building, and partner with health coaches at scale.
MProfit raises $2m
Fintech firm MProfit has raised $2 million in its first-ever funding round. The round saw participation of Zerodha’s Rainmatter, Enam Holdings, Gruhas Proptech, Auxano Capital, and Samarthya Investment Advisors.
The fintech company allows users to aggregate investment portfolios across different asset classes and brokers. Its proprietary tech capabilities reduce manual effort in portfolio management for investors, family offices, financial advisors, and chartered accountants.