Ending Soon! Save 33% on All Access

Smiles.ai Raises $23 Million in Series A The funds will be utilized to expand footprint nationally, strengthen the leadership team and build innovative tech-driven dental care solutions

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handle

Smiles.ai, a healthcare startup, has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI), which is backed by DisruptAD, ADQ's venture platform and managed by Falcon Edge Capital with strong participation from existing investors Sequoia Capital India and Chiratae Ventures. Other investors were MBX Capital, Wami Capital and angel investors.

Smiles.ai will deploy this funding towards expanding its footprint nationally, strengthening the leadership team and building innovative tech-driven dental care solutions.

"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 dentalcare, operations and technology expertise," said Hitesh Kakrani, co-founder, Smiles.ai.

The dental care industry in India is projected to be a $15 billion opportunity by 2023 and is growing at 20 per cent CAGR, said a statement.

"Technology adoption and digitization will lead the transformation of dental practice putting patient convenience and comfort at the centre in delivering products and services. We are excited to continue our support to the vision put forward by the team at Smiles.ai," said Ranjith Menon, managing director, Chiratae Ventures.

Smiles.ai is building India's largest and most trusted dental care brand by leveraging technology to provide easy credible access via digital interface and standardized delivery via a network of dental clinics. The platform offers cost-effective service delivery through mobile-enabled digital diagnosis, added the statement.

Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Making a Change

8 Mental Disciplines More Powerful Than Self-Doubt

Our actions alone have the power to change our beliefs.

News and Trends

Gurugram-based Wealth Management Firm Finvolve Closes Maiden INR 100 Cr Fund, Launches Two New Funds

Finvolve also announced the launch of two new funds, pre-seed Accelerator Fund and Scale Fund, including a GIFT city, with an investment capacity of around INR 500 crore to widen its investment spectrum: Accelerator, Seed, and Scale.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.