Centricity, Trisu, GameEon and Dharaksha raise early-stage funding
Summary
The company plans to double its tech development team from 75 to over 150 specialists, focussing on innovations like generative AI led modules, insurtech and broking platforms.Previously, the company secured $4 million in funding at a $20 million valuation from family offices and angel investors, including the Burman Family Office, Shantanu Agarwal of BMD Renewal, Arun Jain of Intellect Design Arena, Ankush Nijhawan of TBO Tek and Devesh Sachdev of Fusion Microfinance.Founded in 2020 by Anand Bodh and Arpit Dhupar, Dharaksha Ecosolutions develops solutions aimed at replacing petroleum-driven products with sustainable alternatives that offer equal or better performance. It utilises agricultural waste as feedstock to develop Mycelium-based packaging materials that are fully biodegradable.The funding amount will be utilised to expand its production capabilities, intensify R&D practices and strengthen its market presence in the sustainable packaging industry, the company said in a statement.The fresh investment will accelerate the creation of AA and AAA games for PC and consoles, with select titles also being available on mobile platforms, the company said in a statement.The investment will enable Wundrsight to expand its network of hospital and clinic partnerships across India and accelerate the development of its innovative VR-based mental health solutions, the company said in a statement.Founded in 2022, Wundrsight focusses on digitising and standardising mental health therapy using the immersive nature of virtual reality (VR). It has been backed by Meta, DLabs at the Indian School of Business, IIT Mandi Catalyst, Nasscom and others.Offering more than six VR therapy products, the startup claims to have treated over 1,000 patients across various mental health conditions, including substance use disorders, OCD, anxiety, phobia and autism, with clinician-administered therapies.Trisu, an all-gold vermeil jewelry brand, has raised an undisclosed amount in its first pre-seed funding round, led by early-stage venture capital firm All In Capital. JK Tyres, Amaanta Group and angel investors Himanshu Aggarwal and Sumer Sethi also participated in the round.The company plans to use the funds to enhance customer acquisition, drive product innovation and support market expansion. The company aims to generate $1 million (Rs 8 crore) in monthly recurring revenue by 2025 and open ten shops and five exclusive outlets by December 2026, it said in a statement.