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Enterprise SaaS platform Actyv.ai raises $5M in pre-Series A Funding

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Actyv.ai, an enterprise Software-as-a-Service (SaaS) platform, has raised $5 million in a pre-Series A investment from 1Digi Investment Management, the Dubai-based family office of Raghunath Subramanian, the company’s global Chief Executive Officer (CEO). Raghunath Subramanian, Raghu Venkat, and Ramkumar Thirumurthi formed the Bangalore-based firm in April 2019. “We have pioneered the B2B BNPL space in … Read more

Agtech Startup Semaai Raises Us$1.25m In Funding

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Semaai, an AgTech startup based in Indonesia, has announced US$1.25 million in pre-seed funding led by Surge, Sequoia Capital India’s rapid scale-up program for startups in India and Southeast Asia, and Beenext. Angel investors Nipun Mehra, Founder & CEO of e-commerce startup Ula; Harshet Lunani, founder and CEO of Qoala; and Prashant Pawar, Technology Investment Banker … Read more

Jio Platforms to invest US$200 million in Glance

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Glance, a leading AI-driven lock-screen platform, announced today that it has agreed to raise US$200 million from Jio Platforms Limited (“Jio”) in its Series D round of funding. The transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The proposed investment by Jio is aimed at accelerating Glance’s launch in several … Read more

Saas Platform Bitespeed Announces Us$1.9 Million Seed Funding Led By Sequoia India’s Surge

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SaaS platform BiteSpeed today announced that they have raised US$1.9 million in seed funding led by Sequoia India’s Surge, with participation from First Cheque, Whiteboard Capital and Angels including CRED founder Kunal Shah and Teachable founder Ankur Nagpal. BiteSpeed provides e-commerce brands with the tools to help them embrace conversational commerce as the future of … Read more

Compliance automation startup Sprinto raises $10M led by Elevation Capital

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Sprinto, a Bengaluru-based software-as-a-service (SaaS) compliance automation platform, revealed on Wednesday that it had raised $10 million in Series A funding headed by Elevation Capital with participation from Accel and Blume Ventures. Sprinto, which went public in mid-2021, assists SaaS companies in obtaining compliances like SOC 2, ISO27001, GDPR, HIPAA, and others in a quick … Read more

Gaming app Quizy raises seed funding

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We Founder Circle led a $270,000 seed round for Quizy, a real money gaming platform. Multiple institutional investors, including FAAD Network, Anchorage Capital Partners, Capital A, and Dholakia Ventures, participated in the investment round lead by We Founder Circle. The funds will be used to hire extraordinary talent and attract new users, according to the … Read more

AI startup CellStrat raises Rs 1.05 Cr In Angel Funding

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CellStrat, a US-based Artificial Intelligence (AI) firm, reported on Thursday that it had secured close to $1,40,000 (Rs 1.05 crore) in an angel round from a group of investors from India, Japan, and the United States. CellStrat, co-founded by brothers Vivek and Vishal Singhal, has established a Cloud-based AI research and development platform called CellStrat … Read more

Semrush Acquires Backlinko.com, Adds 500K in Monthly Traffic

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Semrush, a leading online visibility management SaaS platform, today announces the acquisition of Marketing and Search Engine Optimization (SEO) training platform Backlinko. With more than 500,000 visits a month (non-paid traffic, as of December, 2021), Backlinko.com is widely acknowledged as one of the most respected resources for training, strategies, and advice for today’s digital marketers. … Read more

Employee growth enablement platform Courseplay raises INR 3 crore in Seed round

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Courseplay, an employee development platform, has raised INR 3 CR in a seed round headed by Inflection Point Ventures. The cash raised will be put towards acquiring new customers and bringing new AI-powered capabilities to market. Courseplay offers complete training delivery, employee engagement, workflow automation, and impact measurement solutions. By 2020, the startup will have … Read more

SaaS Labs Raises USD 42 Mn Led By Sequoia Capital

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SaaS Labs, a company that creates business automation tools for sales and support teams all around the world, has secured USD 42 million (about Rs 312 crore) in a round headed by Sequoia Capital India. Existing investors Base 10 Partners and Eight Roads Ventures also participated in the Series B fundraising round, according to the … Read more

Consumer electronics brand Mivi raises fresh funding from N+1 Capital

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Mivi, a leading domestic consumer electronics brand, has raised an undisclosed amount from N+1 Capital in a debt financing round. N+1 Capital, India’s largest revenue-based growth capital fund, has been affiliated with the previously bootstrapped company as its first financial partner. Mivi is a one-of-a-kind firm based in Hyderabad that specialises in audio gadgets, with … Read more

AI infra firm Pixis raises $100M in Series C funding

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Pixis, formerly Pyxis One, announced today that it has raised $100 million in Series C funding. Pixis is a company that provides contextual AI infrastructure with no code for total marketing optimization. The new funding will be used to help the company quickly scale its AI platforms and plugins, as well as expand across North … Read more

Foodtech Platform Pluckk Raises $ 5M In Seed Funding

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Pluckk

Exponentia Ventures, a fund focused on new company ideas in both the B2C and B2B space, has invested USD 5 million in PLUCKK (A brand owned by Fruveggiie Tech Pvt limited), a fresh produce food-tech firm. Pluckk, founded by Pratik Gupta in 2021, intends to become India’s first digital commerce company, serving the growing demand … Read more

L&T Technology Services Wins USD45 Million EV Deal from U.S. Auto Tier 1

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L&T Technology Services Limited, a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio. Under the terms of the 5-year agreement, LTTS … Read more

Pioneering Refurbished Electronics Startup, Qarmatek, Raises USD 3 Mn

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Qarmatek, an electronics renewal and refurbishment firm backed by GVFL (Gujarat Venture Finance Limited) and Caspian Debt, has acquired $3 million in Series A funding. The funds will be used to expand its newly launched B2C refurbished and rejuvenated electronics marketplace, MOBEX. Qarmatek began as a B2B electronics repair and refurbishment partner for major device … Read more

nCORE Games Raises A $10M Series A Funding

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nCORE Games announces a Series A funding round of $10 million to expand their gaming properties into the Metaverse and NFT space. Global leaders in interactive media and blockchain, Galaxy Interactive and Animoca Brands, co-led the round, with Polygon and HyperEdge also participating. Vishal Gondal and Dayanidhi M G, both veterans of the game industry, … Read more