Announcing Rebalance Accelerator Cohort 07

Rebalance
5 min readAug 11, 2024

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Rebalance is India’s first, largest accelerator and angel community that invests in startups led by female and diverse founders. Co-founded by Aishwarya Malhi and Vikas Kumar in 2019, Rebalance is on a mission to accelerate diversity in founders and funders.

We’ve hosted 120 founders over 7 accelerator cohorts and typically invest up to $200K from Rebalance Angel Community (RAC) in select companies from the batch.

We’ve invested in over 25 companies since 2020 across fintech, biotech, climate, drones, Gen AI, consumer brands, energy, deep tech healthcare, and more. We’re now India’s first and only angel community that’s 58% female with 1 in 4 angels per cap-table being women.

We kickstarted Rebalance’s 7th accelerator cohort in April 2024 with 10 stellar startups across gen AI SaaS, productivity SaaS, consumer tech, D2C fashion, biotech, climate, ed-tech, healthcare, and more.

Introducing Rebalance Cohort 07!

If you’d like to contact any companies below, email us at invest@therebalance.com.

Cur8

Founded in 2022 by Ajay Pal Sethi and Hanit Awal, Cur8 is building the smartest sales enablement platform that leverages AI to revolutionize hyper-personalised customer experiences across channels.

They’ve had a stellar 65% QoQ growth in revenue with a current ARR of $300K. Before joining Rebalance, they raised $220K from executives and founders at Nykaa, Flipkart, Naspers and more.

BacAlt Biosciences

Co-founded by Shruti Kutmutia and Dr Pranav Nair, BacAlt Biosciences is developing green alternatives for harmful polymers and hidden microplastics in everyday use items that are accelerating climate change.

They use post-harvest losses to biotransform them into cutting-edge biopolymers (bacterial cellulose and poly gamma glutamic acid) for cosmetics, textile, wound care, and agricultural applications.

They’ve successfully achieved industrial validation with a global cosmetics company and a large chemical manufacturing player. They’re now raising $1.5M in pre-seed.

Pinky Promise

Founded by Divya Karmekar and joined by Akanksha Vyas in 2022, Pinky Promise is building a first-of-a-kind medical AI to instantly and reliably diagnose and manage women’s health issues.

92% of women prefer not to see a gynecologist for a sexual or reproductive health issue. AI can disrupt this space but today it is inaccurate in diagnosing women due to a severe gap in the availability of sex-segregated clinical data. Pinky Promise is building one of the world’s first instant AI clinics to instantly diagnose women’s sexual and reproductive health symptoms and is custom training its models to be more effective towards how medical conditions manifest in women. Their app has scaled to 10,000+ paying customers in 8 months with 100,000+ downloads with a CAC less than $0.2.

GoCodeo

Meghana Jagadeesh and Jatin Garg co-founded GoCodeo — an AI agent for white-box software testing.

They’ve raised $150,000 from 100x VC and have 16,000 developer users from 40 countries (150 companies) with 1 paid client recently onboarded.

NuttsOverMutts

Co-founded in 2022 by Aniruddha Banerjee, Manvi Gupta, Puneet Palaha, Shiv Bhaskar Dravid, and Mahima Pandey — Nuts Over Mutts is a fresh pet food brand providing healthy, all-natural food, treats, and supplements for dogs, with zero chemicals preservatives, or additives.

Since 2022, they’ve served 8000+ families with an MRR of $35000 and the largest selection of fresh food for dogs in the country.

LearnTube

Co-founded by Shronit Ladhani and Gargi Ruparellia, LearnTube is building the world’s smartest AI career companion, transforming the internet’s best content into live, 1:1 personalized courses to deliver life-changing outcomes.

They’re growing MoM with 1.4 million users acquired at $0.10 and $40,000 monthly run-rate. They have a 7x higher course completion rate (48%) than larger players in the industry. They previously raised $700K from top founders and executives from Udemy, Maven, Upgrad, Brainly, PayU, and more. They’re now raising $1M in pre-seed.

Powersutra

Pooja Malhotra founded PowerSutra, a modern formal wear brand for women on a mission to make evergreen, shape-inclusive, global fashion accessible. They’re India’s first brand to offer sizes from XXS up to 15XL.

Launched in 2022, Powersutra has grown 4x in the last year with approx. $600K in annual run-rate. They are currently available on Nykaa and Myntra apart from their website.

Shram

Co-founded by Jay Gadekar and Ojasvika Sahu, Shram is a gamified and conversational work management tool that connects daily work with performance.

Since they became the #2 product of the day on Product Hunt in Aug 2024 they’ve achieved over 3,000 unique website visitors, 400+ new app sign-ups, and 100+ active users. Shram has hit their first $1000 in revenue, secured 3 SMBs on their annual plan, and established a design partnership with an enterprise. Their oldest customers have shown 8 months of engagement and retention.

AICA Health

Co-founded by Manisha Soin and Anisha Soin, AICA Health is a digital care assistant leveraging AI to manage chronic conditions and enable coordinated senior care at home.

Myplan8

Co-founded by Nidhi Mehra and Koushik Sur, Myplan8 is a sustainability-as-a-service platform to help organizations effectively reduce carbon emissions.

Please feel free to write to invest@therebalance.com if you’d like to connect with any of the founders or recommend a founder for cohort 08: www.therebalance.com

We bring together seasoned and aspiring angel investors who understand the importance of backing diverse founding teams, early on.

You can sign up here to become a member at Rebalance and invest with us.

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Rebalance

Rebalance shapes and invests in early-stage companies with diverse founders through Rebalance Accelerator Program & Rebalance Angel Community.