Consumer fintech startup Bright Money secured $62 million in funding in a mix of debt and equity. The equity portion, amounting to $12 million, was led by prominent investors such as Alpha Wave, Hummingbird, and PeakXV, according to moneycontrol report. Additionally, the fintech startup raised $50 million in debt, with Encina Lender Finance leading this…
Zuddl, the all-in-one platform for virtual and hybrid events, announced it has closed $13.35 mn in Series A funding, led by Alpha Wave Incubation (AWI), which is backed by DisruptAD, ADQ’s venture platform, and managed by Falcon Edge Capital, and Qualcomm Ventures LLC. The round also saw participation from existing investors GrowX and Waveform Ventures.…
Indiagold, the New Delhi-based gold-based lending platform, announced it has raised $12 million in fresh funding led by PayU, the financial technology arm of Prosus NV, and Alpha Wave Incubation, according to ETtech report. Better Tomorrow Ventures, 3one4 Capital and Rainmatter Capital as well as existing investor Leo Capital participated in the funding round. The…
Kyt, an online-first, global academy for extracurriculars, designed by the best educators from around the world, has raised $5 million in a Series A funding round led by Alpha Wave Incubation. Sequoia Capital India’s Surge, January Capital, Titan Capital, and other angel investors also participated in the funding round. Kyt is the first Indian company…
Classplus, an education technology startup, announced it has raised $10 million in fresh funding led by Alpha Wave Incubation. Existing investors RTP Global and Blume Ventures also participated in the funding round, according to media reports. As per Tofler, the regulatory documents showed that Alpha Wave Incubation has invested Rs 56.32 crore, while Blume Ventures…
Foxy parent EkAnek Networks, a startup focussed on beauty, grooming and personal care, announced it has raised Rs 40 crore funding led by Alpha Wave Incubation. Existing investors Sequoia Capital India, Lightspeed India, and Matrix Partners India also participated in the funding round. The company will use the funding to expand its presence to Abu…
Hippo Video, a video customer experience(CX) platform that helps businesses engage with their audiences in an authentic way through personalized videos, announced that it has raised $4.5 million Series A funding led by Alpha Wave Incubation and Exfinity Venture Partners. Existing investors Sequoia Capital India’s Surge, and KAE Capital also participated in the funding round.…
SenseHawk, a leader in AI-powered software for the entire solar lifecycle, announced that it has raised $5.1 million in Series A1 funding led by Alpha Wave Incubation (AWI), a $300m venture fund, managed by Falcon Edge Capital, a leading global alternative asset manager, and backed by ADQ, one of the largest regional holding companies based…
Entropik Tech, a leading Emotion AI company based out of Bangalore, announced that it has raised $8 million in Series A funding round led by Alpha Wave Incubation (AWI), a $300m venture fund, managed by Falcon Edge Capital, a leading global alternative asset manager, and backed by ADQ, one of the largest regional holding companies…
Verloop.io, the Bengaluru-based customer support automation platform that helps businesses deliver delightful support experiences to their customers, across channels, announced it has raised $5 million in its Series A funding round led by Alpha Wave Incubation (AWI), along with existing investors IDFC Parampara and Infosys co-Founder Kris Gopalakrishnan. Launched in 2020 by Abu Dhabi’s sovereign…
ADQ, a public joint stock company headquartered in Abu Dhabi has announced a new $300 million venture capital fund, Alpha Wave Incubation or AWI Fund. The AWI Fund will be investing in early-stage startups across South-East Asia and India, and help them set up base in Abu Dhabi’s Masdar City. According to media reports, AWI…
US-based investment firm Falcon Edge Capital has raised $300mn India-focused venture capital fund Alpha Wave Incubation (AWI). The fund is anchored by investors from UAE and an undisclosed entity of the Government of Abu Dhabi. According to a report by The Economic Times, AWI is in the final stages of closing the corpus and is…