SaaS startup eShipz has said that it has secured $700K in funding round. The round was co-led by Indian Angel Network (IAN) and Axilor Ventures. Commenting on the announcement, Shashi Tripathi, co-founder, eShipz, stated, “There are hardly any players in the market offering full-stack shipment solutions, which can fit into requirements of small SMBs to…
Skylark Drones, a drone platform startup, has announced that it has raised $3 million in InfoEdge Ventures and IAN Fund led pre-series A funding round. Fowler Westrup, AdvantEdge Founders, Vimson Group, Redstart Labs and IKP also participated in the latest round. Skylark Drones is a technology company that is building the core infrastructure for the…
Sirona Hygiene, a feminine hygiene product company, has secured USD 3 million in funding. The funding was secured from NB Ventures and IAN Fund. “The funding will be used to expand business along with a focus on R&D and product innovation,” a statement made by the company said. Deep Bajaj, co-founder at Sirona, stated “the…
Venture capital consortium Indian Angel Network (IAN) has plans to invest over Rs 100 crore in start-up firms across sectors in 2021, according to a governance committee member and co-founder of the network, reports PTI. IAN co-founder Padmaja Ruparel told that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment…
Logistics solutions startup Bizlog announced it has raised Rs 12 crore in a pre-series-A round led by IAN fund. Founder of Adishwar, Paras Jain, also participated in the funding round. The company plans to use the current funding to develop technology, create a roadmap to onboard new verticals and expand the business pan India over…
Phool.co, an IIT Kanpur-backed biomaterial startup, announced that it has raised $1.4 million in pre-Series A funding round led by IAN Fund and Kaplan Foundation, according to YourStory report. The Kanpur-based startup will use the funding to advance the research and scale the operations of the company. Founded in 2017 by Ankit Agarwal and Prateek…
WoodenStreet, a Jaipur-based online furniture store offering custom and ready-made furniture directly to customer’s doorstep, announced that it has raised $3 million in Series-A funding from IAN Fund and Rajasthan Venture Capital Funds (RVCF). The company will utilise the funds infusion to boost expansion. It has plans to increase its footprint, both domestically and globally.…
Vernacular.ai, a Bengaluru-based SaaS startup, announced it has raised $5.1 million in its Series A funding round led by Exfinity Ventures and IAN Fund. Kalaari Capital, AngelList and LetsVenture also participated in the round. The company said it will use the newly raised capital to enter Southeast Asia and the US and invest in R&D…
Business to business e-commerce platform for local Kirana stores, MaxWholesale recently announced that it has raised $3mn in Series A funding round. The funding round was led by venture capital fund IAN Fund-I and AI Falaj Investment Company, an Abu Dhabi based private family office. The funding round also saw participation from existing investor Maple…