The Venture Codex

Participated · Series A · Jun 2026

Care.fi provides an AI-first healthcare operating system designed to automate hospital revenue cycle management tasks including documentation, coding, claims processing, and collections. The company also operates an NBFC to offer working capital solutions to its hospital partners. Care.fi plans to use recent funding to expand to more Indian cities and to enter the U.S. and Middle Eastern markets while continuing to invest in product development. Financially, the company has raised approximately $5 million previously and closed an $8 million Series A in 2026 consisting of equity and debt. Care.fi was founded in 2021 by Vikrant Agrawal and Sidak Singh and is headquartered in Gurugram.

Participated · Seed · Mar 2026

BackChannel operates a B2B platform that connects brands and retailers with buyers to monetize excess and idle inventory while maintaining control over channel, price, and distribution. The company leverages AI agents to automate processes and manage distribution controls. After validating its model in 2025 with BRL 25M in GMV, BackChannel projects BRL 150M in GMV for 2026. Its current network includes 18k retailers and over 100 large sellers, with a take rate of 12% and an average ticket of BRL 50k. The founders are Guillermo Freire and Guillermo Arslanian, formerly of Trocafone, and the new seed funding will be used to scale operations and expand the platform.

Participated · Seed · Mar 2026

Gangkhar offers an AI-native embedded protection infrastructure platform delivering modular, scalable solutions across onboarding, pricing, underwriting and claims. Its platform includes real-time AI optimization, advanced analytics and access to global reinsurance capacity, and it exposes functionality via a single API to enable partners to integrate and scale embedded protection offerings across multiple markets. The company positions its product to help partners create new revenue streams, accelerate growth, improve customer loyalty and increase operational efficiency. Gangkhar is led by CEO Federico Spagnoli and is based in Dover, DE. Following its $4.25M Seed raise, the company intends to use proceeds to accelerate product development, deepen AI-driven processes and optimization capabilities, and support continued international expansion. The article does not disclose revenue, users, or other operating metrics.

Participated · Series B · Mar 2026

AquaExchange builds hardware-enabled and software-driven products for shrimp and fish farmers, including PowerMon for power management and AquaBot for automated feed dispensing. Its platform monitors more than 80,000 acres of aquaculture ponds worldwide and is already automating over 25% of India’s shrimp-farming acreage. Beyond farm automation, the company connects growers to formal crop loans and working-capital facilities. AquaExchange operates across five Indian states and in international markets such as Ecuador, Saudi Arabia and Madagascar. For FY25, operating revenue grew 2.3× year-over-year to ₹240.51 crore, while losses widened to ₹12.71 crore; management expects to reach EBITDA profitability within the current fiscal year. Founders are Pavan Kosaraju, Hemasundar Dhavili, Kareem Mohammod and Kiran Bandi.

Participated · Seed · Mar 2026

Coral provides a platform to make energy-efficiency upgrades for homes more accessible and affordable by simplifying financing for homeowners. The company focuses on bridging the cost gap to enable climate-conscious home improvements. Following its 2026 $7.5M seed raise, Coral plans to expand its platform to reach more households and accelerate adoption of energy-efficient systems. The articles do not report revenue, user counts, founding year, location, or prior funding details. Coral positions itself at the intersection of green financing and home-improvement, responding to rising demand for sustainable, cost-effective upgrades.