
Wellness and longevity startup Biopeak raises $3 million from Ranjan Pai's Claypond Capital, Accel's Prashanth Prakash, others
Wellness startup Biopeak has raised $3 million in seed funding from Claypond Capital—the family office of Manipal Group chairman Ranjan Pai—Accel's Prashanth Prakash, and Zerodha's Rainmatter.The Bengaluru-based startup has launched its first longevity clinic and plans to expand to other metro cities in the coming year. Biopeak offers a personalised preventive healthcare service, combining diagnostics, AI, and concierge-style care to predict health risks and craft tailored intervention plans.'We offer solutions that are predictive, not reactive,' cofounder and CEO Rishi Pardal told ET. The service includes lab tests, imaging such as MRIs and CT scans, and non-invasive diagnostics to assess organ system health and recommend long-term regimens. 'The funding will go towards building our scientific capabilities, expanding the AI platform, and scaling operations,' Pardal said.Targeted at athletes, health-conscious individuals, and people with unresolved chronic issues like IBS, Biopeak's approach integrates traditional diagnostics with AI insights. The startup has partnered with IISc and Longevity India—a scientific forum backed by Prakash—to tailor interventions for South Asian genetics.'There are breakthroughs in cellular tech and AI-led diagnostics, but they're not widely accessible,' said Prakash. 'Medicine 4.0 is about predictive, proactive care using personalised data. Clinics like Biopeak can deliver this new model of healthcare.'Each Biopeak client undergoes over six hours of multidisciplinary consultation, with specialised modules for gut health, women's health, ageing, skin, and musculoskeletal function.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
33 minutes ago
- Business Standard
Aadhaar authentication hits 2.29 bn-mark in June; face authentications rise
Aadhaar card holders carried out 2.29 billion authentication transactions in June 2025, a rise of 7.8 per cent from June 2024. There's steady growth seen reflecting the wide use of Aadhaar in India's expanding digital economy. Since the launch of Aadhaar, more than 154.52 billion authentication transactions have been recorded, showed government data. The Aadhaar-based authentication is being used to deliver welfare services and enable people to access services from various providers. This is one of the main reasons behind the constant growth in Aadhaar transactions over the years. The face authentication feature, developed by UIDAI using artificial intelligence (AI) and machine learning, also saw a sharp rise. In June 2025, 158.7 million face authentication transactions took place, compared to 46.1 million in June 2024. So far, nearly 1.75 billion face authentication transactions have been completed. The AI-based face verification system works on both Android and iOS devices allowing users to confirm their identity with just a face scan, combining ease of use with strong security measures. Over 100 organisations including government bodies, banks, oil companies, and telecom providers are currently using face authentication to deliver services and benefits more smoothly. In June 2025, Aadhaar was also used for more than 394.7 million e-KYC transactions. This service is mainly used to improve customer onboarding in order to help businesses, especially in the financial sector.


Mint
an hour ago
- Mint
Sonata Software stares at revenue dent as Microsoft eyes direct licence sales
A global technology giant's attempts to sell its software licences directly to clients might lead to an unexpected casualty in Sonata Software Ltd, which counts that tech company as one of its five largest customers. Sonata Software, which entered Indian IT's $1-billion annual revenue club last year, is expected to get less business selling Microsoft licences, according to at least three people with knowledge of the matter. According to experts, the IT services company gets more than $500 million from selling Microsoft product licences, making it one of the only large IT outsourcers to sell such licences. This translates to almost half of its $1.2 billion revenue in FY25. 'Microsoft has talked about, or they're considering at least, going directly to a few large customers," said Samir Dhir, managing director and chief executive of Sonata Software, in an interview with Mint on 26 June. He said that the Bengaluru-based company considers this possible move as a threat. 'Is that a threat we see? The answer is, yes. Is that giving us sleepless nights? Perhaps not. It's something that we're watching cautiously. It might have a one or two quarter bump here and there," said Dhir. Analysts said Microsoft's move is aimed at cutting costs. 'Microsoft is saying that for large clients who require more than 10,000-plus licences, they will go for direct billing because it is one way of cutting costs and they probably do not want the IT outsourcers to keep the extra cut that comes from selling these licences," said Amit Chandra, IT analyst at HDFC Securities. 'This will be a gradual decision but Sonata is also de-risking it and focusing on selling more licences of other partners," said Chandra. Microsoft did not respond to Mint's queries. This move by Microsoft comes on the back of the tech company giving fewer tech services work to Indian outsourcers, including LTIMindtree Ltd, because of its own AI capabilities, according to Mint's report on 4 May. In a rare instance, Dhir called out lower revenue from one of its top clients, in a 16 April stock exchange, which Mint's report revealed to be Microsoft. He added that this is not the first time that Microsoft is trying to deal with clients directly. 'They have tried this model in the past as well. Okay, it hasn't worked. So they're trying again. It might work this time, it might not go this time," said Dhir. Sonata Software gets about 30% of its business managing back-end IT infrastructure for international businesses and the remaining 70% from selling software product licences to companies. Microsoft's licence reselling business makes up most of that business followed by Google, Oracle and other such licences. Sonata has about 7,000 employees, according to the company's management. This translates to each employee fetching around $171,428 for the company, which is the highest amongst the country's largest IT outsourcers. If indeed there is a hit in Microsoft's licensing business, it will likely dent Sonata's revenue per employee as three-fourths of the company's business comes from selling software licences that need fewer people. A second analyst attributed Microsoft's move to client sensitivity. 'Microsoft is dealing with large clients directly because these are sensitive customers and Microsoft wants to keep its own dedicated sales and support staff for such accounts," said a Mumbai-based analyst on the condition of anonymity. For now, Sonata is not perturbed and is looking to widen its client base. 'We have anticipated this. We have been working on de-risking the business in multiple ways," said Dhir. 'So we're not the top 10 Indian companies' reseller. We are a top, I would say, probably about 400 to 500 companies' reseller in India. And also, we have broadened the pyramid where we were selling (licences)," said Dhir. He added that the company is also selling software licences of other companies including AWS, Oracle and Google. Sonata has counted Microsoft as its client for more than 30 years and is among the top 1% of Microsoft's partners, according to its FY24 annual report. Microsoft, which follows a July-June financial year, ended its previous financial year with $245 billion in revenue. In other words, Microsoft is almost four times the size of Accenture Plc., the world's largest IT services company, by revenue. Lower business from Microsoft serves as a wake-up call for Sonata, which is now expected to lose business from its IT outsourcing unit to the licence reselling unit. Homegrown IT services companies work with Microsoft in two ways. One, as system integrators for Microsoft's software products. If a burger chain wants to use Microsoft's software to manage its sales and billing infrastructure, it can purchase the software from IT outsourcers like Sonata Software. Sonata will not just give the burger chain access to Microsoft's software, but will also fit the software in its computers and earn extra money. Secondly, IT service providers send engineers to Microsoft to manage its software products. These engineers ensure the functioning and backend requirements of Microsoft's software sold to companies such as the ice cream chain. For Sonata, both businesses from Microsoft are now under pressure.


Mint
an hour ago
- Mint
Soham Parekh, accused of ‘scamming' multiple companies, gets new job offer; recruiter say ‘he deserves a second chance'
Soham Parekh, an Indian techie who is at the centre of controversy on social media after a US-based startup founder accused him of working at different firms simultaneously - has received a job offer from an AI startup founder. Conor Brennan-Burke, the founder of the AI company HyperSpell, said that he believes in second chances and wrote: "He's definitely learned his lesson now and is going to work insanely hard to prove everyone wrong. Massive opportunity to bring on top talent with a chip on their shoulder." Burke also revealed the email he sent to Parekh, offering him an engineering position at his company. "Hi Soham, Saw that you've worked with quite a few successful startups and heard you might be on the market. We're hiring engineers right now. Let me know if you're open to a casual chat next week," the email read. Sharing the email, Burke remarked: "Be greedy when others are fearful." However, the AI founder faced warnings against hiring the Indian techie, with one user cautioning him about 'low-integrity people.' In response, he said, 'Everybody deserves a second chance. Let's be part of his redemption arc.' Viral post. Parekh has been accused by a US-based AI founder of holding jobs at several startups at the same time, allegedly under false claims. In a series of posts on X, Suhail Doshi, co-founder and former CEO of Mixpanel, labelled Soham Parekh a "scammer," claiming he misled multiple companies. Doshi said Parekh was briefly employed at one of his firms last year but was dismissed within the first week after his "scam" was discovered. He also mentioned that he had tried to warn Parekh about moonlighting, but the warning "clearly didn't work," as Parekh allegedly continued to work for several startups simultaneously. 'PSA: there's a guy named Soham Parekh (in India) who works at 3-4 startups at the same time. He's been preying on YC companies and more. Beware. I fired this guy in his first week and told him to stop lying/scamming people. He hasn't stopped a year later. No more excuses, 'Doshi, who also founded Playground AI, wrote. Several tech CEOs have alleged that Soham Parekh misled multiple US startups by accepting roles while continuing to work remotely from India. So far, over six company heads have shared their experiences, stating they had to terminate Parekh's employment after realising he was 'moonlighting.' According to the CV shared by Doshi, Soham Parekh holds a bachelor's degree from the University of Mumbai and a master's from the Georgia Institute of Technology. His résumé lists stints at several tech firms, including Dynamo AI, Union AI, Synthesia, and Alan AI — mostly in engineering and technical roles.