GENLEAP, a DNA-based self-discovery and career life cycle management platform, has raised about $3.3 million in its pre-Series A funding round, per an announcement.
Investors in the current round include Mike Holland (former CEO of Embassy REIT), Sanjay Dutt (CEO and MD, Tata Realty and infrastructure), Neeraj Bansal (Co-Head and COO – India Global with a Big Four Consulting Firm), Karthikeyan Balasubramanian, Deepak Kaul, and Manish Dhawan (Olam Food International), among others.
The funds raised will be utilised by GENLEAP to extend its global footprint, including entry into the US, Middle-East, and European markets. It will also launch products providing DNA-led solutions for personal career growth and development, health and wellness, relationship compatibility, and disease susceptibility, the startup said in a statement.
This round follows the earlier Rs 60 crore ($7.4 million) seed round raised in 2021, the statement added.
INDIA DEAL MONITOR
Here are the prominent venture capital transactions in India announced from January 21-27, 2022.
| Startup | Headquarter | Investment Size (USD) | Investment Stage | Lead Investor(s) | Other Investor(s) | Industry | Verticals |
|---|---|---|---|---|---|---|---|
| Rigi | Bengaluru | 12,250,000 | Series A | Elevation Capital | Accel, Stellaris, Sequoia | Software | Social Media |
| Studio Sirah | Bengaluru | 2,600,000 | Pre-Series A | Kalaari Capital, Lumikai | – | Travel & Leisure | eSports |
| GENLEAP | Gurugram | 3,300,000 | Pre-Series A | Mike Holland, Sanjay Dutt, Neeraj Bansal, Karthikeyan Balasubramanian, Deepak Kaul, Manish Dhawan | Vikaash Khdloya, Sunil Bajaj, Yoguen Oukabay, Mandeep Mehta | Education/Training | HR Tech |
| PrivaSapien | Bengaluru | 1,000,000 | Seed | Omidyar Network India | – | Software | IT Security/Cybersecurity |
| D’chica | Delhi | 198,529 | – | Velocity | – | Retail | E-commerce |
| Landeed | Hyderabad | 8,300,000 | Seed | Draper Associates, Y Combinator, Bayhouse Capital | – | Real Estate Development & Operating Company | Real Estate Tech |
| Myelin Foundry | Bengaluru | 3,000,000 | Series A | Visteon Corporation | Endiya Partners, Beyond Next Ventures, Pratithi Investment Trust | Software | AI and Machine Learning |
| FuelBuddy | Delhi | 20,000,000 | – | Naveen Jindal Group, Ravi Jaipuria Group (RJ Corp), Nilesh Ved (Apparel Group, UAE) | – | Renewable Energy | E-commerce |
| Isprava Group | Mumbai | 19,600,000 | – | Symphony International Holdings Ltd | – | Real Estate Development & Operating Company | Real Estate Tech |
| Gullak | Bengaluru | 3,000,000 | Seed | YC, Rebel Partners, Better Capital | Good Water Capital, GMO Fintech Fund, TRTL Ventures, Kunal Shah(Cred), Akshay Mehrotra and Ashish Goyal (EarlySalary), Kevin Moore | Financial Services | Fintech |