Ethereal Machines, a Bengaluru-based company specializing in the manufacturing of 5-Axis CNC machines, has successfully raised $7.3 million in a Pre-Series A funding round. The funding was backed by prominent investors such as Peak XV’s Surge, Blume Ventures, Ganapathy Subramaniam, Mathew Cyriac, Lip-Bu Tan, Finvolve, 9Unicorns, Venture Catalysts, and T2D3 Capital, as reported by TechinAsia. … Read more
In a significant boost to the Proptech industry, Altre, a Gurugram-based startup, has successfully raised $1 million in a pre-series A funding round from institutional investors, as reported by Economic Times. Altre is dedicated to leveraging technology to solve real-world challenges in the Commercial Real Estate (CRE) sector. By automating and streamlining CRE processes with … Read more
Gushwork.ai, a platform that combines AI technology with a remote workforce, has successfully raised $2.1 million in a pre-seed funding round. This funding was led by Lightspeed Ventures, with participation from other investors like B Capital, Sparrow Capital, Seaborne Capital, and Beenext. The startup, based in New York and founded by Nayrhit Bhattacharya (from IIT … Read more
New investor Athera Venture Partners and existing investors Blume Ventures, Exfinity Venture Partners, and MFV Partners also participate BENGALURU, India and DETROIT, July 21, 2023 /PRNewswire/ — Ati Motors, maker of autonomous industrial robots, today announced the close of its Series A funding round in the amount of US$10.85 million. The investment, occurring alongside the company’s product … Read more
PingSafe, the cybersecurity startup co-founded by ethical hackers Anand Prakash and Nishant Mittal, has successfully raised $3.3 million in seed funding. The funding round was led by Peak XV Partners (formerly Sequoia India) and attracted participation from several other investors, according to various media reports. Among the investors who participated in this funding round were … Read more
During the first half of 2023, the Indian Startup Ecosystem faced a significant setback in venture capital (VC) funding activity, resulting in a noticeable impact on the overall value, as per GlobalData, a prominent data and analytics company. The report highlights that a total of 568 VC funding deals worth $3.7 billion were announced in … Read more
Dusminute, a hyperlocal grocery-store and managed services startup, has successfully raised Rs 11.5 Crores in a bridge round led by Inflection Point Ventures. The funds will be utilized to fuel Dusminute’s expansion in Bangalore. This funding round also saw participation from multiple existing investors and industry veteran angel investors syndicated by Bandana Kankani, an angel … Read more
Blitz (previously known as Grow Simplee), a same-day delivery startup catering to omnichannel sellers, has successfully raised $3 million in a seed funding round from investors such as India Quotient, Better Capital, First Cheque, and Titan Capital. Notably, this funding round also saw participation from prominent angel investors including Farid Ahsan, Abhinav Jain, Rahul Dash, … Read more
Bengaluru-based B2B analytics software startup Factors.ai has successfully raised $3.6 million in a pre-Series A funding round. The funding was led by Stellaris Venture Partners, with participation from Elevation Capital, Emergent Ventures, and notable angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix. The recently secured … Read more
The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 here today. The event is aimed at unlocking potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB). … Read more
Simplilearn, the top online bootcamp for digital skills training worldwide, has taken a big step forward today by bringing in three accomplished senior leaders for important roles. Priyam Sachan is now the Vice President – Marketing in India, Kevin Adams takes on the role of Vice President – Commercial Sales in America, and Todd Schuster … Read more
In the vibrant city of Chandigarh, a local pizza brand called La Pinoz Pizza emerged. Despite its name and appearance suggesting otherwise, this brand had its origins right in the heart of the city. It all began in January 2011, when La Pinoz Pizza opened its doors in Sector-9, Chandigarh. This small establishment, known as … Read more
Popular Bollywood actor Suniel Shetty has recently made an investment in Regrip, a startup based in Gurugram that focuses on recycling and re-engineering old/used tires. During an announcement event, Shetty expressed his excitement about joining Regrip and highlighted the importance of recycling and reducing waste to create a greener future. Suniel Shetty has been actively … Read more
Online youth fashion brand Styched has acquired Flatheads, a direct-to-customer (D2C) online casual sneaker startup that gained fame on Shark Tank India season 2. The all-equity transaction marks Styched’s foray into the footwear segment. Founded in 2018 by Ganesh Balakrishnan and Utkarsh Biradar, Flatheads is a Bengaluru-based brand that designs all-day-wear casual sneakers for the … Read more
Nutrizoe, a women’s nourishment brand, has raised INR 3 crore in a bridge round led by Inflection Point Ventures. The funds will be used to expand and enhance Nutrizoe’s Lactobite portfolio following the completion of clinical trials. The focus will be on further developing the product line to cater to a wider range of needs … Read more
OneStack, a prominent technology company dedicated to empowering cooperative banks and credit societies in India, has successfully raised $2 million in its latest funding round. This substantial investment will fuel the company’s growth, facilitate team expansion, drive innovation, and establish nationwide offices, propelling it to unparalleled success. With the infusion of this new funding, OneStack … Read more
