It’s no secret that we’re living in an increasingly digital world. ‘Screen time’ has all but consumed our workplaces, educational settings and simply put, our free time. According to new research by Builder.ai®, over 27% of Americans claim to have over 30 apps on their phone, but more than half of those admit to using only 10 … Read more
Switzerland hosted a never-before-seen, extraordinary feat that brought together 82 women of influence from across 25 countries to add a new female chapter to the history of what is still an overwhelmingly male-dominated sport! The ladies came together and successfully created a new world record for – ‘The Longest Women’s Rope Team’ on the 4164 … Read more
Hyphen, India’s leading experiential living community, today announced that it has raised $1 million in a pre-seed round. The fund constitutes a combination of equity and minority debt, with notable Angels from Silicon Valley and the GCC region. Hyphen’s fresh capital will be deployed towards expanding into new markets, launching new product types and integrating … Read more
Pepper Content, a content marketplace, revealed on June 9 that it has raised $14.3 million in a Series A fundraising round led by Bessemer Venture Partners, as the company wants to expand its position in the US and branch out into additional categories. Pepper Content, founded in 2017 by Anirudh Singla and Rishabh Shekhar, enables … Read more
Dubverse.ai, an AI-powered SaaS video content dubbing and creation platform has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse is the first-ever platform which supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to … Read more
OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced in Kochi that Cochin Shipyard Limited has committed to invest an initial corpus of Rs. 50 Crore in Start-up companies engaged in the maritime sector. Shri Sonowal also unveiled the Government’s plan for building Hydrogen Fuelled Electric Vessels keeping pace with the Global … Read more
Drone manufacturer ideaForge has concluded a $20 million Series B fundraising round headed by Florintree, which is run by Mathew Cyriac, a former Blackstone India private equity co-head. Existing investors such as Celesta, a famous deep tech investment firm, Infosys, Qualcomm, and Infina, as well as the Exim Bank of India, participated in the round. … Read more
In a landmark development of taking the Indian EV Journey to a global leadership position, Triton EV has signed an MoU with the Gujarat State Government for setting up the world’s iconic EV Truck Manufacturing Plant with a minimum investment commitment of Rs 10 Thousand Eight Hundred Crore over a span of 5 years. The … Read more
Aerostrovilos Energy, a Mumbai Angels portfolio company and an IIT Madras-incubated firm, has received INR 3.5 crore in seed finance from Tube Investment of India, a Murugappa Group company. Aerostrovilos Energy is a firm based out of IIT Madras that is developing India’s first gas turbine for power generation. Gas turbines are generally utilised for … Read more
Your-Space, India’s premier student housing Company raised USD 10M in Series-A funding (a combination of pure equity and convertible debentures) led by the personal investment from Mr. Shantanu Rastogi (of General Atlantic) and Mr. Ajay Gupta’s (Capital Foods) family office AJAX Capital and Holy Basil Consultancy Private Limited, which also saw participation from Mr. Manish … Read more
edustoke is India’s largest online preschool to K-12 platform, bridging parents’ needs for information and expert assistance on educational options. Indus Initiatives has provided the firm with INR 3 crore in startup finance for the brand. edustoke, founded in 2017 by Mr Pawas Tyagi and Mr Rohit Malik, is the pioneer in structured school search … Read more
Purplle, an online marketplace for beauty and grooming items, has raised Rs 257.43 crore (about $38 million) in an extended Series D round led by Sequoia Capital and others. Kedaara Capital and Premji Invest were among the investors in this round, which garnered $106.7 million for the Mumbai-based company. The news was initially reported by … Read more
ORAI, a conversational AI platform, has raised INR 6.5 crore in a Pre-Series A round headed by Inflection Point Ventures, one of India’s most well-known angel investment platforms. ORAI is solving a major problem by providing 100 percent AI-powered automation with all advanced capabilities in a single bot that handles all customer care, customer outreach, … Read more
AarogyaAI Innovations, a healthtech firm, has raised $700,000 (about Rs 5.2 crore) in a seed fundraising round led by Info Edge (India)-backed Redstart Labs and Avaana Capital (Seed Program). Entrepreneur First (EF) and First In Ventures, both existing investors, also participated in the round. The startup, founded in 2019 by scientists Praapti Jayaswal and Avlokita … Read more
VeriSIM Life, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug development, today announced it has closed its oversubscribed $15 million Series A round. The financing was led by Morpheus Ventures. Additional new investors include Debiopharm Innovation Fund and Colorcon Ventures, with continued support from existing investors OCA Ventures, Intel Capital, Serra … Read more
