Revelio Labs, the workforce intelligence company, today announced its Series A capital raise of $15 million. The round was led by Elephant Partners, with additional funding from Alumni Ventures, BDMI, K20 Ventures, Techstars, and Barclays. The capital will be used to expand Revelio Labs’ offerings for corporate HR and strategy, and comes less than a year after the … Read more
Automation Anywhere, Inc. , a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. The financing is intended to provide operational and strategic capital for the next several years. “We continue to be optimistic about the near-term opportunities for … Read more
Preimage, a cloud-based 3D reconstruction tool, has announced that it has raised USD 1.7 million in a seed round from eminent angel investors including pi Ventures, Better Capital, Java Capital, and others. Preimage’s AI-first technology builds lifelike 3D digital clones of settings and assets using pictures as input. Preimage, a company founded by IIT graduates … Read more
Lissun, a full-stack solution for mental and emotional healthcare, has announced the closing of their ~$ 1 Mn Pre SEED fundraise round. The round led by IvyCap Ventures witnessed participation from syndicates like We Founder Circle and Supermorpheous, along with marquee angel investors like Gaurav Munjal (Co-Founder and CEO at Unacademy), Harsh Jain (COO, Groww), … Read more
Mahindra Logistics Ltd. (MLL) and Rivigo Services Private Limited (RSPL) announced that they had reached agreement for purchase of RSPL’s B2B express business by MLL. Under the terms of the agreement, MLL will acquire the express business through a Business Transfer Agreement (BTA), including the customers, team and assets of RPSL’s B2B express business, RSPL’s … Read more
The Goa-based diagnostics chain Molbio Diagnostics Pvt. Ltd. has received an investment of $85 million (about 680 crore) from the Singaporean investment company Temasek. Truenat, a platform that uses PCR technology to detect at least 22 infectious diseases including tuberculosis, swine flu, dengue, and HIV, is developed and marketed by Molbio and subsidiary Bigtec Labs. … Read more
GoHealth, Inc., a leading health insurance marketplace and Medicare-focused digital health company, announced that it has closed a $50 million private investment. The funding strategically expands GoHealth’s shareholder base, enhances its already strong balance sheet as the Company focuses on driving strong cash flow in the near term, enables further investment in new technologies and … 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
Univest, a fintech startup making a sophisticated one resolution for inventory markets, secured funding from angel buyers in its pre-seed part. The fintech platform secured funding value ~3.8 crs, to be utilized in the direction of product launch and crew constructing. Univest – the brainchild of Pranit Arora and Avneet Dhamija, was began with the … Read more
Funds will be utilized to improve product automation and scale up revenue globally TurboHire, an AI-powered recruitment automation platform, has announced raising USD 2 Million in a Pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels; and participated by the Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with … Read more
Gurugram-based Awiros, a deep-tech startup that creates a computer vision platform based on AI mostly for video processing, has raised $7 million in investment. Vikram Gupta and Yatin Kavishwar co-founded Awiros in 2015. Vikram holds a PhD in computer engineering from Carnegie Mellon University. His main topic of study during his PhD was the design … Read more
The Founder of Asana, Dustin Moskovitz, a US-based entrepreneur-turned-investor, provided INR 6.15 Crore in equity capital to New Leaf Dynamic Technologies, a provider of cold chain solutions, for its Pre-Series A Round. Co-founded by Akash Agarwal, New Leaf’s refrigeration technology utilizes biomass and farm waste to facilitate the increase of income for micro-enterprises by prolonging the … Read more
Neem has raised $2.5 million in a Seed funding round from leading fintech global and local investors. This will enable Neem’s unique embedded finance platform and further its mission of bringing Financial Wellness to Pakistan’s underbanked communities – both individuals and businesses. “The embedded finance revolution that is taking place globally in financial services is … Read more
Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more
PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising USD 1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings … Read more
Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more
