The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: Neuroscience-Founded Startup Ivory Rakes in $1 Million in Funding

Startup: Ivory

Founder: Rahul Krishnan

About us: Ivory transforms the ageing experience by promoting sharper minds and healthier living. The company focuses on the early detection of neurodegenerative risks and offers personalised brain health solutions.

It achieves this through neuroscience-backed assessments, interactive games, and tailored recommendations designed to support cognitive well-being.

Founded Year: 2022

Office: Mumbai, Mumbai

Sector: Consumer Services

Funding Round:  Seed Funding

Investors: IIM-A Ventures, Capital A

Ivory, a brain health startup, has raised $1 million in a funding round co-led by IIM-A Ventures and Capital A. The round also included participation from 1Crowd, Stanford Angels, and angel investors Dr. Sanjay Arora, Adarsh Narahari, and Juhi Bhatnagar.

Earlier this February 2024, the agetech startup raised another $500,000 in a round of funding led by early-stage venture capital firm Capital A. The funds raised will be utilized for scaling distribution in India and further developing its cognitive evaluation tech. The team plans to invest in research for setting cognitive health benchmarks for the Indian demographic, establishing AI capabilities for tailormade assessments, and venturing into new markets.

Website: https://www.liveivory.com/