Beyobo, a B2B commerce enabler that provides comprehensive solutions for cross-border procurement, has raised $5.5 million in Pre-Series A funding led by Inflection Point Ventures. SAN Angels, Indian Angel Network, and Hyderabad 6Angels also participated in the round, along with several other individual angels. The funding round was initiated by CENSIE Capital Partners, who acted … Read more
Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more
ZYBER 365, a promising Web3 startup, has achieved a major milestone by raising $100 million in its Series A funding round, led by UK-based SRAM & MRAM Group. This significant investment has valued the startup at an impressive $1.2 billion, earning it the prestigious unicorn status, as reported by multiple media outlets. Founded in May … Read more
EvolveX accelerator, a startup accelerator led by the esteemed We Founder Circle (WFC), a global community of successful founders and strategic angels, has recently disclosed its investment in a Pre-Seed round of EVINDIA. EVINDIA is a groundbreaking influencer-driven social commerce platform catering to EV two-wheeler buyers. Having emerged as a standout startup from EvolveX’s Cohort … Read more
Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more
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
