Early-stage financing secured by InPrime Finserv, WiseLife, and Divine Hindu
# Recent Funding Boost for InPrime Finserv, WiseLife, and Divine Hindu
In the dynamic world of startups, three companies – InPrime Finserv, WiseLife, and Divine Hindu – have recently attracted significant investments. Here's a closer look at the recent funding rounds and their plans for growth.
## InPrime Finserv
InPrime Finserv, a fintech platform focused on serving micro and nano entrepreneurs, self-employed professionals, small retailers, and individuals engaged in agriculture and allied sectors, has successfully raised ₹50 crore ($6.02 million) in a Series A1 funding round. The round was led by Pravega Ventures, with existing investors Z47, InfoEdge Ventures, and Kettleborough VC also participating.
The funds will be utilised for geographical expansion across India, targeting underserved regions and enhancing access to structured credit for the emerging middle class.
Founded in 2021 by Sneh Thakur, Manish Kumar Raj, and Rajat Singh, InPrime Finserv aims to become a leading player in the fintech sector.
## WiseLife
WiseLife, a company offering a comprehensive range of yoga and home fitness essentials, including biodegradable yoga mats, fitness gear, and lifestyle accessories, has raised ₹8 crore in a pre-Series A round. The funding round was led by Rukam Capital.
The funds will be used to scale manufacturing capabilities for yoga mats and other wellness products. Founder Prateek Kedia stated that the current funding round will help the company scale to become India's number one yoga brand.
While details about WiseLife's early days were not provided, the company's commitment to eco-friendly products and wellness solutions is clear.
## Divine Hindu
Divine Hindu, a spiritual lifestyle startup, has secured early-stage funding, although the exact amount and investors remain undisclosed. The startup offers certified devotional and spiritual products and aims to expand in India and overseas, broaden its spiritual product offerings, and build a strong online community centered around Hindu traditions.
Founded by brothers Aniruddha Singhai and Anurodh Singhai, Divine Hindu's focus on preserving and promoting Hindu traditions sets it apart in the market.
These updates underscore the ongoing investment in innovative companies across various sectors, from fintech to wellness and spirituality. As these companies grow and scale, they are poised to make a significant impact in their respective industries.
Investing in technology is a key focus for InPrime Finserv as they plan to utilize the funds from their Series A1 round to develop advanced financial services for their target market. WiseLife, a company in the fitness and wellness sector, aims to leverage technology to scale its manufacturing capabilities and become a leader in the yoga market.
