Zealthix and Grest Secure Major Funding Rounds

Two Indian startups have announced significant funding milestones this week, showcasing investor confidence in the country’s healthcare technology and circular economy sectors. The funding rounds highlight growing interest in sustainable business models and digital healthcare solutions.

Zealthix Expands Healthcare Platform with $1.1 Million Investment

SaaS-based healthcare platform Zealthix has successfully raised $1.1 million in seed funding, led by Unicorn India Ventures with participation from AlphaGen Venture Capital. The Gurugram-based startup, co-founded by Abhishek Kumar and Avinash Gupta in 2023, provides cloud-based middleware solutions for insurers and payers offering OPD and comprehensive healthcare plans.

The fresh capital will fuel expansion efforts, revenue growth, and technology development. Zealthix has demonstrated strong market traction by onboarding 20 paying customers, including insurers, brokers, and care plan companies, while rolling out its OPD stack across multiple partners.

Grest Strengthens Circular Economy Focus with ₹16 Crore Round

Consumer electronics re-commerce company Grest has secured ₹16 crore in funding, with Equentis leading the investment with ₹7 crore. The Chennai Angels, Lead Invest, and India Accelerator also participated in the round, which included both equity and debt components.

Founded in 2018 by Shrey Sardana and Nitin Goyal, Grest specializes in sourcing, refurbishing, and reselling electronic devices. The company reported impressive growth, with revenue jumping from ₹2.9 crore in FY23 to ₹26 crore in FY25, representing ninefold growth.

The funding will support retail expansion beyond 60 current stores, upgrade refurbishment facilities, and strengthen e-commerce platforms, positioning both companies for accelerated growth.