§ 00  ·  Investor relations · Doc CLVX-IR-2026-Q2

This isn’t a raise.
It’s a mandate.

A focused Seed round to accelerate the software layer of Indian medicine and commerce — two operating companies, one holding structure, dual-stream revenue architecture, twenty-four month runway.

§ 01  ·  Round facts

The terms, on one page.

A single closing. Founder-friendly instrument. Priced for partners who intend to stay on the cap table for a decade.

Round
Seed
Currently open
Raise target
₹2 Cr
INR
Pre-money
₹20 Cr
INR
Instrument
SAFE / CCPS
Founder-friendly
Runway
24 mo
Post-close
Use of funds
60 / 25 / 15
Product · GTM · Ops
§ 02  ·  Use of proceeds

Allocation of the ₹2 Cr raise.

Sequenced to defend the physician-first moat, deepen operating software, and extend runway to institutional Series A.

Product & engineering
60%
Aethex catalogue depth, Zyphix ops software, clinical review
Go-to-market & growth
25%
Physician acquisition, kirana onboarding, retention
Operations & compliance
15%
Regulatory, finance, governance runway
§ 03  ·  Thesis

A dual-stream architecture.

Marketplace GMV commissions from Aethex and Zyphix compound with retention. India’s 1.2 million doctors and dense urban consumer base form a chronic-purchase economy with high repeat frequency.

High-margin operating software layered on top creates defensible moats and strong gross retention.

Together, the two streams create a compounding, capital-efficient group that improves with every physician and kirana onboarded.

§ 04  ·  Traction · Q2 2026

Numbers, verified.

A ledger of what has actually shipped — not projections.

  1. Verified physicians on Aethex
    40,000+
  2. Active monthly subscribers
    12,000+
  3. Partner kiranas on Zyphix
    200+
  4. Pan-India delivery SLA (Aethex)
    2 days
  5. Quick-commerce median (Zyphix)
    30 min
  6. Regulatory posture
    NMC · CDSCO · DPDP
§ 05  ·  Category context

The parent groups we study.

The world’s most durable healthcare businesses are diversified operating groups. Clavix is architected the same way — starting India-first.

01
Johnson & Johnson
USA
Diversified pharma, medtech, consumer
$85.2B
02
UnitedHealth Group
USA
Insurance · Optum health services
$371.6B
03
Roche Holding AG
Switzerland
Pharma · Diagnostics
$63.3B
04
Merck & Co.
USA
Pharma · Vaccines · Oncology
$60.1B
05
Pfizer Inc.
USA
Pharma · Biosimilars
$58.5B
06
AbbVie Inc.
USA
Immunology · Neuroscience
$54.3B
07
Novartis AG
Switzerland
Innovative medicines
$50.3B
08
Sanofi
France
Pharma · Vaccines
$47.2B
09
AstraZeneca
UK
Oncology · Cardiovascular
$45.8B
10
GSK plc
UK
Pharma · Vaccines · Consumer
$38.4B

Source · Public filings, FY23–FY24 · Illustrative benchmarks only.

§ 06  ·  Governance

Founder-operated. Institutionally scaffolded.

Board
Founder-led
Clinical council
Practising MDs
Audit
Big-4 aligned
Reporting
Quarterly IR
§ 07  ·  Next step

A conversation with the founding office.