Two startups, Oncare and ClayCo Cosmetics, have raised a total of $3 million to grow their businesses. Oncare focuses on cancer care, while ClayCo offers luxury skincare products.
Oncare, founded in 2023 by Deepak Kumar and Amar Sneh, has raised $1 million in seed funding. The investment was led by Huddle Ventures, with other investors like TRTL Ventures, Cloud Capital, and DeVC also participating.
With the new funds, Oncare plans to open 10 more cancer treatment centers in Delhi NCR, Bangalore, and Jaipur over the next two years. They will also hire more staff and launch marketing efforts to promote their affordable cancer care services.
Oncare partners with hospitals to create special oncology wings, cutting treatment costs by up to 40%. Their aim is to make cancer care more affordable than the high costs in big corporate hospitals. Oncare also offers on-call nursing support, helping patients manage treatment side effects from home.
In the last 10 months, Oncare has served over 2,500 patients in South Delhi and completed more than 500 treatment sessions.
ClayCo Cosmetics, started by Niharika Jhunjhunwala in March 2024, has secured $2 million in a Series A funding round led by Unilever Ventures. This is the brand’s first external investment.
The funds will help ClayCo expand its product range, boost branding, hire more staff, and manage working capital. ClayCo blends natural ingredients with modern technology, offering skincare inspired by global beauty traditions. Its first product line, “Rituals of Japan,” includes cleansers, serums, and moisturizers made with rice, sake, and azuki beans.
ClayCo’s popular Rice and Sake Sleep Mask has become a bestseller on platforms like Amazon and Nykaa, with over 100,000 units sold. The brand plans to launch a Moroccan-inspired body care line soon.