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TECHNOLOGY

Razorpay Acquires Payments Tech Startup IZealiant Technologies

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Razorpay, a fintech unicorn, announced the purchase of IZealiant Technologies, a renowned Fintech business that provides payment technology solutions to banks, on Tuesday. IZealiant, a Pune-based business founded in 2015, delivers mobile-first, API-enabled, and cloud-ready payment processing technologies for banks and financial institutions. Commenting on the acquisition, Harshil Mathur, CEO & Co-founder of Razorpay said, … Read more

Health Benefits Firm Ekincare Bags $15 M In Series B Funding

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ekincare, an AI-powered health benefits firm, announced a $15 million Series B fundraising round headed by HealthQuad and Sabre Partners, with participation from previous investors Ventureast, Eight Roads Ventures, Siana Capital, and Endiya Partners on Thursday. ekincare is a customised, full-stack health benefits platform founded in 2015 by Kiran Kalakuntla, Srikanth Samudrala, and Dr Noel … Read more

Cooby Announces Us$2.9 Million Funding To Re-imagine Sales Engagement For Whatsapp And Line

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Taiwan-based conversation management tool Cooby today announced that they have raised US$2.9 million to date led by Sequoia India’s Surge and Pear VC. In a messaging-first world, the tool helps businesses streamline engagement and individuals to organise their customer conversations and boost inbox productivity. Cooby is Surge’s first startup founded and based in Taiwan. With … Read more

No-code automation startup Certa raises $15M in Series A

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Certa, a San Francisco-based no-code automation platform for procurement and compliance, received a $15 million Series A investment led by Point72 Ventures with participation from Twitch Founder Justin Kan, Dropbox Co-founder and CEO Drew Houston, Mantis VC, and others on Tuesday. Certa, which was founded in 2015, wants to make it easier and safer for … Read more

Contributing to Metaverse Revolution in India, Leading Extended Reality Innovator, AjnaLens, Raises Rs 12 Crore

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AjnaLens, Mumbai-based XR hardware and software company raised Rs. 12 crore from renowned investors like Lets Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A. The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay Shekhar … Read more

Vymo raises Series C funding to empower remote sales teams

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Vymo, an Intelligent Sales Engagement platform for Financial Institutions, has raised $22M in Series C funding round led by Bertelsmann India Investments with existing investors Emergence Capital and Sequoia Capital participating. As part of the financing, BII’s Rohit Sood, will be joining the company’s board. “2021 was a momentous year for us: 20%+ quarterly growth, 142% NRR, zero … Read more

Upekkha’s SaaS-focused UP Funds raises $9M In Funding

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UP Funds, which is launched in January 2021, will assist SaaS startups in overcoming early-stage constraints by providing founder-friendly capital that safeguards their future alternatives. UP Funds invested $100,000-$200,000 in ten firms in 2021 and also participated in a Series A financing of one of its high-growth startups. Upekkha, foundedby Prasanna Krishnamoorthy, Shekar Nair, and … Read more

GraphQL developer Hasura turns unicorn, raises $100M in Series C funding

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GraphQL innovation leader Hasura today announced that it has secured $100M in funding in a round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion. Hasura … Read more

AiDash acquires farming solutions company Neurafarms.ai

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Neurafarms.ai, a developer of geospatial and AI-powered farming solutions, has been purchased by AiDash, a leading provider of satellite- and AI-powered operations, maintenance, and sustainability solutions. AiDash will benefit from the purchase of Neurafarms.ai by strengthening its product line and adding key talent to its high-performing staff. Bhavesh Patidar, co-founder of Neurafarms.ai and leader of … Read more

Healthtech startup Proactive For Her raises $5.5M in Series A Funding

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Proactive For Her, a women’s healthcare firm, raised $5.5 million in a Series A fundraising round headed by Vertex Ventures SEA and India and previous investor Nexus Venture Partners on Wednesday. Achitha Jacob, an IIT-Bombay alumna, created Proactive For Her in 2020 with the goal of delivering judgement-free, progressive, body-positive, queer affirmative, and trauma-informed healthcare … Read more

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