Gurucool, an ed-tech firm, has acquired $150k in pre-seed funding from Parvez Jasani, an angel investor, and FreeFlow Venture Builders. The funds will be used to establish a strong team, strengthen the company’s technical platform, and expand the company’s operations both in India and beyond. Gurucool, founded by Adil Meraj and Khansa Fahad in 2019, … Read more
Router Protocol, a Web 3.0 cross-chain infrastructure project, has raised $4.1 million in a token sale led by Coinbase Ventures, Woodstock Fund, QCP Capital, Alameda Research, Polygon, Wintermute, Shima Capital, TeraSurge Capital, Maple Block, Wami Capital, and Bison Fund, among others. Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg established Router Protocol in 2020. … Read more
Zorro, a fictitious social networking platform, has secured $3.2 million in a seed round headed by 16 unicorn and soonicorn creators. Vijay Shekhar Sharma, Paytm’s founder and CEO; Ritesh Agarwal, OYO Rooms’ founder and CEO; Ankiti Bose, Zilingo’s founder and CEO; Kunal Shah, Founder and CEO, CRED; Ashish Hemrajani, Founder and CEO, BookMyShow; Ashneer Grover, … Read more
Exponent Energy, a technology firm focused on making energy for electric cars (EVs) easier to understand, revealed on Wednesday that it had raised $5 million in a pre-Series A round of funding. YourNest VC, an existing investor, led the round. The funds raised will be used to start commercial operations and scale them across multiple … Read more
Discovery, Inc., the world’s leading provider of live entertainment, announced today that it has acquired the assets, technology, and intellectual property of ZEDO, an advertising technology firm with offices in the United States and India. The acquisition will bring ZEDO’s technology in-house, allowing Discovery’s ad solutions to innovate more quickly. This acquisition adds significant ad … Read more
Simplified, the AI-powered content creation, and marketing platform announced its $8.5 million seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital participation. The round included notable investors like Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (Corporate Vice President, Microsoft) Ankur Nagpal (Founder of Teachable, Vibe … Read more
Suki, the leader in voice artificial intelligence (AI) technology for health care, announced today that it has closed a Series C funding round of $55 million, led by March Capital, with additional support from Philips Ventures, and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures. The round is also comprised of … Read more
RateGain, a travel and hospitality software-as-a-service (SaaS) startup, launched an Initial Public Offering (IPO) today to collect Rs 1,336 crore. The price range for each share has been set at Rs 405 to Rs 425. The company announced that it has raised Rs 598.83 crore from 34 high-profile investors ahead of the public subscription opening. … Read more
CometChat, a CpaaS firm based in Denver and Mumbai, revealed on Tuesday that it had raised $10 million in a Series A fundraising round. CometChat, founded in 2010 by brothers Anuj and Anant Garg, is a communications platform for businesses that offers plug-and-play text, chat, video, and audio communications solutions that can be connected into … Read more
Moengage, a Bengaluru-based insights-led consumer engagement platform, announced on Tuesday that it had raised $30 million in Series D funding, more than doubling its previous Series C1 investment of $32.5 million in July. Steadview Capital led the investment, with existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participating. … Read more
OpsLyft, a San Francisco and Noida-based DevOps startup, has raised $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels from Freshworks, Oyo, Innovaccer, other angel investors based in India and the US. The list of angel investors includes Anand Chandrasekaran, former Executive VP, Five9 and former CPO @ Snapdeal, Shailendra Singh, board … Read more
NDTV Convergence’s position as India’s leading platform for online news stands reaffirmed with a very substantial 10-year deal with Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover content they may like. The decade-long deal is based on mutually-determined projections, including growth in traffic, and cumulatively can enable revenue of Rs. 750 … Read more
Infosys, a global leader in next-generation digital services and consulting, today announced that its flagship global internship program, InStep, was ranked as the ‘Best Overall Internship Program’ in the 2021 Vault Internship Rankings. The rankings published by Vault.com—a career intelligence organization, distinguished Infosys as the only global organization to have received this ranking four times … Read more
With the aim to transform the customer service experience of the businesses, Bangalore, Mumbai and US based software company, Wolken Software today announced the launch of its self-service SaaS customer service solution – Wolken Care. Designed for small and medium businesses, Wolken Care is self-serviceable, can be set-up with a single click and enables businesses to provide superior … Read more
Mogi IO, a B2B Media-Tech SaaS start-up that leverages Artificial intelligence (AI) in building cutting-edge IPs has partnered with Lemma to offer Ad-based revenues on Mogi’s white-label OTT solution to its clients, thereby offering all possible monetisation opportunities to Mogi’s clients. Mogi’s white-label OTT/video app solution is creating disruption in the content industry by offering … Read more
Inflection Point Ventures, one of India’s leading angel investment platforms, led a $ 1 million Pre-Series A round for Parablu. Parablu creates enterprise-class data management systems that are safe and secure. The start-up has developed a solution stack with built-in Data Privacy, as well as an innovative and unique interaction with Microsoft 365 and Google … Read more
