Inito raises $29 Mn in Series B round led by Bertelsmann India

Fertility startup Inito has raised $29 million in a Series B funding round led by Bertelsmann India Investments, with participation from existing investor Fireside Ventures.

This brings the company’s total funding to about $45 million.

The capital will help scale its at-home diagnostics platform globally. More importantly, it will support a major technology initiative: Inito is investing heavily in AI-engineered antibodies to develop a new generation of home tests.

Read also- BYT Capital launches maiden Rs 180 Cr deep-tech focused fund

“We forecast how proteins fold in three-dimensional space, design synthetic antibodies using AI, and test millions of variants virtually before creating even one in the lab.”

“A true vision goes beyond adding new tests,” said Inito’s co-founder and CTO Varkun A. Venkateshan in correspondence. “The ultimate goal is to completely rethink diagnostics. If you want to understand what’s happening inside your body at every life stage and health needs, you shouldn’t be limited to clinical visits, lab schedules, or rigid testing systems. You should have the ability to measure, track, and gain insights about your body at home with laboratory confidence.”

The comments come on the same day rival Swiggy launched its qualified institutional placement (QIP) to raise about ₹10,000 crore. This also comes at a time when another competitor, Zepto, has become a public company and is preparing to raise funds through an initial public offering (IPO) next year.

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