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[Funding Alert] Prath Ventures secures INR 225 Cr in Funding

By Team VS
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The second close of Prath Ventures' INR 225 Cr fund was reached with a sum of INR 120 Cr raised. SIDBI Funds of Funds, along with a number of other angel investors and family offices, supported the second closing.

Prath, which was founded in 2022 by Piyush Goenka and Harmanpreet Singh, provides seed and Series A funding to companies. Jimmy's Cocktails is one of the three investments it claims to have made since its founding; the other two are currently a secret.

Read also - SIDBI Raises $24.5 Mn in Funding

Goenka said, “Our investment philosophy is rooted in our deep understanding of the consumer sector and our unwavering commitment to value creation. By providing early-stage companies with not just capital but also strategic guidance and operational support, we aim to catalyse their growth trajectory and unlock their full potential.”

With the raising of INR 50 Cr, the fund's first close was announced in January of last year. It was stated back then that this fund would invest between INR 5 Cr and INR 6 Cr in roughly 20 businesses.

Read also - Cureskin Secures USD 20 Million in Series B Funding led by HealthQuad

The government-backed fund of funds Avaana Sustainability Fund (ASF), which is focused on climate change, raised $24.5 million from the Green Climate Fund (GCF) for its inaugural anchored sustainability fund. SIDBI is now a part of this fund.

About Prath Ventures

Prath Ventures are early-stage venture firm that invests in Digital Consumer Businesses and their Enablers. As institutional investors, rigor and deep engagement is core to their style of investing.

Read the Next Article

Pathway has Secured $10 Million in Seed Funding

The funds will support Pathway’s mission to build advanced live AI systems capable of complex reasoning. This effort is led by co-founders Adrian Kosowski and Jan Chorowski, who have previously worked with physics Nobel laureate Geoff Hinton.

By Ayushi Jain
New Update
Pathway has Secured $10 Million in Seed Funding

Pathway, a company developing live AI has raised $10 million in seed round led by TQ Ventures, with support from Kadmos and Id4 Menlo Park.

In November last year, Pathway raised $5 million in another seed round led by Yamaha Motor Ventures, along with Verge HealthTech Fund and others.

Funding Utilisation

The funds will support Pathway’s mission to build advanced live AI systems capable of complex reasoning. This effort is led by co-founders Adrian Kosowski and Jan Chorowski, who have previously worked with physics Nobel laureate Geoff Hinton.

Pathway’s platform collects clinical guidelines from millions of evidence-based sources into a searchable database for healthcare professionals.

Read also - Tata to Scale Starbucks to 1,000 Locations in India by 2028

The platform has 370,000 clinicians from 200 countries registered and provides over 70,000 recommendations across 30,000 medical topics.

Pathway’s technology powers live AI systems by processing structured and unstructured data, enabling real-time, accurate decision-making.

Its customers include organizations in regulated industries with complex data needs, such as NATO and La Poste.

About Pathway

Pathway is developing live AI systems that think and learn in real time, similar to humans. Powered by a fast data processing engine and advanced AI framework, it supports organizations in their AI transformation without requiring system changes. Trusted by clients like NATO, La Poste, and Formula 1 racing teams, Pathway delivers cutting-edge solutions.

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