Edtech startup ConveGenius has bagged $7 million, Amaha Health has raised an extended Series A funding round, while The Baker’s Dozen has snagged around $3.9 million.
Edtech firm ConveGenius bags $7m
Edtech startup ConveGenius has raised $7 million in a funding round led by UBS Optimus Foundation and Mount Judi Ventures.
Existing investors, including Michael & Susan Dell Foundation, Bace Capital, Heritas Capital, and Gray Matters Capital, participated in the funding round, according to a release.
The round is part of a more extensive fundraising initiative focused on advancing the generative AI capabilities of SwiftChat and expanding into international markets.
“ConveGenius has implemented at a massive scale educational solutions serving students, teachers, institutions, and government administrators. It is successfully transforming public education systems, one of the toughest frontiers in the K-12 space,” said Ali Shariff, partner at Mount Judi Ventures.
Founded in 2013, ConveGenius operates SwiftChat, a conversational platform that enables the creation, deployment, and management of omnichannel bots. The platform has around 143 million registered user profiles and widespread adoption in more than 577,000 schools in India.
Amaha Health raises Series A+ funding
Mental health startup Amaha Health, formerly known as InnerHour, raised about $6 million in an extended Series A funding round, according to a LinkedIn post shared by the company’s founder Amit Malik.
Fireside Ventures, an early-stage consumer brands investor, led the funding round with an investment of around Rs 36 crore, while angel investors and family offices invested Rs 15 crore, reported The Economic Times.
The company had raised $5.2 million from venture capital firm Lightbox in 2021, in what was one of the largest fundraises in the Indian mental health ecosystem back then. Lightbox led the funding with an investment of $4.5 million.
Amaha’s services include self-care, peer support, therapy, psychiatric care, and much more, available both in-person and online through call or video.
The Baker’s Dozen secures around $4m
India-based artisan bakery The Baker’s Dozen has raised around $3.9 million in a funding round led by Wipro Consumer Care Ventures, reported The Economic Times.
Mirabilis Investment Trust and She Capital, along with existing investor Fireside Ventures, participated in the funding round, added the report.
Founded in 2012, The Baker’s Dozen offers international baked goods, including authentic European breads and bakery products, at about 50 other offline and online partner stores. The company also runs a chain of branded retail stores in Mumbai.