Entreprenuernewsnetwork

Observe.ai raises $125M, adding Zoom as an investor

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

Performance management SaaS startup Mesh raises $11M in Series A Funding

Mesh, a performance management firm, announced on Wednesday that it had raised $11 million in Series A funding from RTP Global. According to the official release, the new funds will be used to help Mesh focus on establishing a global team in order to expand further in the US and APAC regions. Since its inception … Read more

PhableCare Raises INR 187 Cr (USD 25 M) in Series B Funding

Bengaluru headquartered, PhableCare, India’s largest chronic disease management company, has raised Series B funding of INR 187 crores (USD 25 Million) within one year of raising Series A. The round was led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in … Read more

EvolutionIQ Raises $21M Series A Funding

EvolutionIQ, the most rapidly adopted Claims Guidance platform amongst insurance carriers, today announced that it raised $21M in Series A funding. The round was led by Brewer Lane Ventures, with participation from all major seed investors, including FirstRound Capital, FirstMark Capital and Foundation Capital, and new participation from Altai Ventures and Asymmetric Ventures. Industry-leading strategic investors including … Read more

Jobox.ai Raises $42M Series B Funding

obox.ai, a software company that provides home service marketplaces with an AI-based infrastructure to directly connect their customers with skilled trades professionals (“pros”), announced today it has secured a $42M Series B funding round led by General Catalyst. Additional investments came from new and existing investors including Resolute VC, NNS, Expanding Capital and Joey Low. The company is … Read more

Surance.io Closes US$ 4Million Series A Funding From Tech Mahindra

Surance.io has recently completed a round of financing from Tech Mahindra that acquired 25% equity of the start-up with an option to invest in additional 20%. The initial investment is at the amount of US$ 4 million which will support the global expansion of the strong player in the InsurTech industry. Surance.io is an innovative … Read more

XYXX onboards KL Rahul as Investor and First-Ever Brand Ambassador

XYXX, a premium men’s innerwear and comfort wear label, has signed Indian cricket legend KL Rahul as their first-ever innerwear and lounge wear brand ambassador. This partnership between the top cricketer and the brand would solidify XYXX as a market favourite and pave the road for new client acquisition. With KL Rahul as the face … Read more

Plum raises $35 million in Series C round led by A91 Partners

Plum, a100% vegan, cruelty-free &toxin-free beauty brand has raised $35 million (INR 270 crores) in a Series C round led by A91 Partners – a leading late stage-focused venture capital fund. The round also saw participation from existing investors Unilever Ventures and Faering Capital. To date, Plum has raised over $50 million from consumer-focused institutional … Read more

O’hi raises INR 3 Cr in seed funding from marquee investors

O’hi is the social networking app that took the first movers advantage using the power of real-life human interaction in the same physical space as café to allow people to make meaningful connections instantly. The firm has raised INR 3 Cr. in seed funding from marquee investors such as Rahul Mehta ( Managing partner DST … Read more

Draup secures USD 20 Million in Series A funding

The B2B software as a service company Draup Inc., announced today that it has secured its first round of institutional financing to accelerate product development, enhance customer experience, and develop new use cases to help customers achieve better business outcomes across both talent management and sales growth. Draup’s first investment is led by HKW, a … Read more

Spice Story raises a pre-series A round from Agility Ventures and others

Spice Story, a Mumbai-based startup firm has raised an undisclosed pre-series A round fund from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders viz. Anupam Bokey, Anand Dhodapkar, etc. The raised capital will be primarily used to bolster the distribution network and continue to build scale on the online platforms. Earlier, the brand … Read more

Provet Pharma Raises Fund from N+1 Capital

Provet Pharma Private Limited, headquartered in Chennai, one of the fast-growing animal health care companies in India, raises an undisclosed amount from N+1 Capital, one of India’s largest revenue-based growth capital funds. The Company will be using this fund to support its expansion plans of all its operating verticals. Devansh Shah, Bilanz Capital Advisors is … Read more

Looppanel Announces USD 1 Mn in Pre Seed Funding

Looppanel, which allows product & design teams to analyze and share insights from Zoom-based user interviews in minutes, announced a USD 1 million Pre-Seed round of funding led by Speciale Invest. Additional funding is coming from First Cheque, angel investors and a grant from Sequoia Capital India as part of the Sequoia Spark program. Looppanel … Read more

Trailblazer Games Raises $8.2M to Develop Web3-Native Fantasy Universe

Startup Trailblazer Games has closed an $8.2M seed round led by Makers Fund, including Play Ventures, Fabric Ventures, and a roster of prominent industry leaders in gaming and blockchain. Trailblazer is leading the evolution of games built natively for blockchain, by putting fun at the core of truly scalable economies. They are currently developing a … Read more

Amagi turned Unicorn after Raising $95 M In Funding Round

Amagi, a media-focused SaaS firm, became the 11th to reach the unicorn club this year after raising $95 million in a funding round headed by Accel. Existing investors such as Norwest Venture Partners and Avataar Ventures joined the investment round as well. Amagi, which was founded in 2008 by Baskar Subramanian, Srinivasan KA, and Srividhya … Read more

Cosmofeed Raises $1.5 M In Seed Round

Cosmofeed, a dynamic content monetization & consumption platform that enables creators to digitally and seamlessly optimize, monetize, and manage their audiences has announced raising US $1.5 million in seed funding. The round was co-led by growx ventures, Waveform Ventures, & 9 Unicorns with participation from Singapore-based investment holding company Silk Bridge Partners (SBP). Industry leaders like Swati Mohan (CBO – Heads … Read more