MoEVing, India’s largest commercial electric mobility tech platform, raised $2.5 million from JSW Ventures. The funds raised by the Company will be primarily used to further strengthen its electric mobility platform for driver partners across India. It will also use a portion of the capital raised to support its expansion across multiple cities in India … Read more
PhonePe, India’s leading fintech platform, today announced the launch of its first Green Data Center in India, leveraging technologies and solutions from Dell Technologies and NTT. The Green Data Center is set to open up new opportunities in data management for PhonePe, with efficient data security, power efficiency, ease of operations, and cloud solutions. The … Read more
EV charger manufacturing company Tirex Transmission, announced the infusion of another $1 million from an ultra-HNI investor to help fund its growth. Assisted by their able financial investment firm GETFIVE, Tirex Transmission Private Limited was able to secure the additional funding, in under four months, to power their aggressive expansion plans in response to the … Read more
The Water Well Trust, a national nonprofit helping rural Americans get access to a clean, safe water supply, has received a $1.5 million grant from the U.S. Department of Agriculture’s Decentralized Water Systems (DWS) program for water well and wastewater projects to increase potable water system availability and access to wastewater systems to rural households throughout the U.S. … Read more
Supernova, a startup that makes Live quizzes & interactive gamified formats on CBSE math topics, announced its pre-seed funding of $1.1 Million. The pre-seed round is led by Lumikai, India’s most active gaming & interactive media VC, with participation from Kae Capital, All In Capital, Goodwater Capital & strategic angel investors. Targeted toward kids aged … Read more
Doubling down on its commitment to India, Cisco announced that it has invested in a dedicated India Webex infrastructure and necessary regulatory licenses to accelerate Webex adoption across the country. The India Webex infrastructure, the first-of-its-kind dedicated to collaboration solutions in the country, includes a dedicated data center and is backed by Cisco Secure products … Read more
Legal tech platform Oddr has raised $2 million in a seed round led by Saama Capital and Twin Ventures. The round also saw participation from angels in the US, Singapore and Germany. The Company which is based in Silicon Valley and India is gearing to launch its services in North America, the UK and Australian … Read more
Savart, a tech based investment advisory, has announced that it has raised around $1.5 million in a pre-Series A funding round led by 9Unicorns and Venture Catalysts’ Angel Fund. Other investors that participated in the ride included existing investor Beenext Asia Fund and several other angel investors. The Hyderabad-based start-up aims to simplify investing in … Read more
SaaS platform DINGG has raised Rs 3.5 crore, with BIG Sun Ventures as the lead investor. Santosh Patidar and Aksay Poorey established DINGG, which offers SaaS solutions for managing operations. The operators of salons and beauty parlours can manage booking, billing, personnel management, marketing, and other tasks using a similar platform to Posist. Among many … Read more
Unstoppable Domains, the leading platform for Web3 digital identity with more than 2.5 million registered NFT domains, today announced it has closed $65 million in Series A funding at a $1 billion valuation. The round was led by new investor Pantera Capital with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 … Read more
LoanTap, one of India’s fastest-growing lending tech start-ups, announced the strengthening of its senior management by appointing Ashish Jain as the Chief Financial Officer and Rajeev Das as the Chief Risk Officer. Their primary responsibilities will include implementing strategic initiatives that will be transformative and influential to the future of hyper-growing fintech. The appointment of these two … Read more
The Global eCommerce Market is Segmented by Type (Buyer-oriented E-commerce, Supplier-oriented E-commerce, Intermediary-oriented E-commerce), by Application (SMEs, Large Enterprises). Due to the COVID-19 pandemic, the global E-Commerce market size is estimated to be worth USD 7750530 Million in 2022 and is forecast to a readjusted size of USD 20313450 Million by 2028 with a CAGR … Read more
MoEngage, the insights-led customer engagement platform, today announced that it has raised USD $77M in Series E funding. This round was led by Goldman Sachs Asset Management and B Capital, with participation from the company’s existing investors; Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures, and Matrix Partners India. This is the third fundraising undertaken by … Read more
SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, is pleased to announce the acquisition of Philadelphia-based Old City Innovations (formerly Geospoc LLC, USA) in a cash plus stock deal, marking its entry into the U.S. market. Old City Innovations (OCI) was … Read more
Inflection Point Ventures led a $1.1 million Pre-Series A financing for Bengaluru-based relocation platform HappyLocate. The round was also attended by VM Ventures and RMZ Management. The money raised will go toward improving operational efficiency and expanding the company’s reach. HappyLocate has become the most sought-after solution for more than 50 enterprise clients, including Fortune … Read more
Contact centres are an important aspect of how a company interacts with customers, accounting for a $400 billion market worldwide. Today, a startup that hopes artificial intelligence might improve how agents work within them announced a large round of funding. Observe.ai, a company that uses natural language tools to track voice and text conversations, provide … Read more
