Biotech Startup Prantae Solutions Raises Rs 5 cr In seed round

Prantae Solutions, a biotech startup has raised Rs 5 crore in a seed funding round led by the IAN Group.

The round also saw participation from such as IAN Alpha Fund, Samir Kalia, Deepank Kumar and Nitin Zamre.

Funding Utilisation

The startup plans to use the funds to launch new diagnostic solutions for kidney health and diabetes care, expand its product range and invest in research and development.

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About Prantae Solutions

The Bhubaneswar-based Prantae Solutions was founded in 2015 by Sumona Karjee Mishra and Aseem Mishra, it focuses on deep-tech, with strong intellectual property and unique products. 

The startup aims to make healthcare more inclusive and empowering through advanced diagnostic innovations.

The company works to improve medical accessibility by creating cutting-edge, point-of-care solutions that provide accurate and timely insights. It is known for its commitment to innovation, helping with the early detection and management of chronic conditions.

Prantae’s main product, Proflo-U, helps assess kidney health with an unmatched ability to detect microalbumin and proteinuria levels. Using its unique nanosensors, IoT, and AI technology, it provides calibration-free, affordable, and easy-to-use testing solutions that improve patient outcomes and reduce healthcare costs.

Prantae plans to strengthen its presence in India before expanding internationally. It also aims to create highly unique point-of-care products and improve healthcare diagnostics to make them accessible to millions around the world.

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