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Top Startup Investment Deals (May, 2022)

On POD, we present our patrons with startup investment deals in promising Indian startups every month. This month three startups – an emotional wellness app and community for teenagers, a healthcare startup redefining the diagnostic industry, and a new-age dating and matching app, are raising seed funds on POD.

Here’s a brief about the startups to get you started -

1. ThatMate

ThatMate is a mental wellness app that offers a safe space for teens to overcome mental health issues through –

  • Gamified learning from engaging & adaptive content,
  • Managing issues like - exam jitters, social anxiety, rejection, social media addiction, and so on with self-help activities,
  • Exclusive band of peers, experts, and psychologists to discuss pertinent issues.

Key Highlights -

  • 100K app downloads and 35K active users on platform in 3 months with 100% MoM.
  • Raised angel round of $140K from prominent angels & MeitY.
  • Backed by Ex CEO of Paytm Insurance, SVP of Paytm, Co-Founder of Sirion Labs.
  • Partnered with Jharkhand Govt. & UNICEF to help 6 lakh students.

Checkout Fundraising Campaign of ThatMate - https://www.podworld.in/startups/thatmate

 

2. Dectrocel

Dectrocel is an AI-based medical imaging diagnostic solution for respiratory abnormalities and genetic disorders. It aims to provide USD 7.5 billion diagnostic market with –

  • Automated end-to-end solution for personalized diagnostics through their PaaS products (DecX & GeneDec).
  • Using advanced AI-based technology to detect genetic disorders in children & 17 respiratory abnormalities.
  • Real-time patient diagnostics reports.
  • Unique clinical insights on individual patients’ health conditions to help facilitate personalized medicine.

Key Highlights -

  • Incubated at IIT Mandi Catalyst, MedTech, SPGI Hospital.
  • Recognized by Startup India under Seed Fund Grant.
  • PoC operational in 6 hospitals on 7000 individual patients with 98% accuracy.
  • Letter of Intent of revenue sharing signed with Government of India.

Checkout Fundraising Campaign of Dectrocel - https://www.podworld.in/startups/dectrocel

 

3. ChanceApp

ChanceApp is a personality first, pseudonymous dating and matchmaking app. It disrupts the way Gen Z looks at relationships by creating a pseudonymous dating app that will enable Gen Z to create meaningful bonds.

Chance aims to flip the script on the traditional matchmaking process where a user can swipe and exchange ideas, thoughts, and opinions before revealing the face (if both parties permit).

Key Highlights -

  • First mover advantage in pseudonymous dating with a prototype ready.
  • 2x founders along with strong domain expertise & connections.
  • Strong Advisors from OkCredit, Disney+, and India Accelerator.
  • Big market scope as India is the second-highest revenue generator from dating apps, after the US.

Checkout Fundraising Campaign of ChanceApp - https://www.podworld.in/startups/chance-app

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