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100X.VC Team
Written by various collaborators within Team 100X.VC
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Jan 23, 2022
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The funding round was led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures. Other investors in the round include MBX Capital, Wami Capital, and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, Lenskart, Aakrit Vaish, Co-founder and CEO, Haptik, Revant Bhate, Co-founder, Mosaic Wellness, Miten Sampat, CRED, and Sambhav Rakhyan, MD, WTW. 

Mumbai, Jan 23, 2022

:Smiles.ai, a Bangalore-based startup has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures. Other investors in the round include MBX Capital, Wami Capital, and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, Lenskart; Aakrit Vaish, Co-founder and CEO, Haptik; Revant Bhate, Co-founder, Mosaic Wellness; Miten Sampat of CRED; and Sambhav Rakhyan, MD, WTW.

The Bangalore-based startup was founded in 2019 by Hitesh Kakrani and Jatin Kakrani and is a 100X.VC Portfolio company. Smiles.ai is a rapidly growing dental health-tech chain with an impeccable digital presence.

Talking about the funding Hitesh Kakrani, Co-founder of smiles.ai said, “India’s dental care market has remained highly fragmented and without any significant technological disruption for decades. However, now with increasing awareness, increasing disposable income, and rising millennial aspirations, the industry is going through a transition and we are leading this change in India by combining dental care, operations, and technology expertise, ”

Ninad Karpe

, Partner, 100X.VC said “As the first investor in Smiles.ai, 100X is delighted to back the founders and the startup to become a global leader of a dental health-tech chain”

The dental health tech chain had raised a cheque from 100X.VC as part of the fund’s Class 01 portfolio earlier in 2019.

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