Cleantech business Airly, Inc. has raised a $3.3m funding round to scale its AI-powered air quality platform globally. Airly’s customers comprise over 600 local governments and cities including Hong Kong, Jakarta, Oslo, Granada, corporates such as Philips, Virgin, Innogy, PwC, Veolia and Skanska. Airly will open offices in the UK and US as it doubles…
Even, the solution for medication-induced nutrient depletions (MIND), has announced its brand launch and $1.5 million seed funding led by Align Ventures, Spring Street Group and GAN Ventures. “In my 13 years of working with patients, I heard the same side effects over and over from patients using certain medications,” said Sarah Morgan, Co-Founder &…
HappyPlus Consulting, an AI-ML-enabled Indian firm, has raised funding from high net-worth investor (HNI) based in Dubai. The amount of the Angel Investment was not disclosed. According to the company, HappyPlus aims to add happiness to the world through different interventions across stakeholders. It will use the funds raised to boost its technology and also…
86 Repairs—a platform that streamlines and optimizes equipment repair and maintenance for restaurants—has announced that it has closed a $2 million round of seed funding from multiple investors including TDF Ventures, HAVI, Gordon Food Service (GFS), GHS Holdings, Tamarind Hill, Invest Detroit Ventures, Network Ventures, and the Cleveland Avenue State Treasurer Urban Success Fund (CAST…
Data centre services provider, Web Werks said it will invest Rs 400 crore to set up 12.5 MW data centre in Navi Mumbai. Savills India, an International property consultant, has facilitated the land transaction deal for the company. Previously, the firm has entered into an agreement to form a joint venture (JV) with Iron Mountain…
Adani Green Energy Limited (AGEL) has raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of international lenders. The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in four SPVs in…
An omnichannel direct-to-consumer company, MyGlamm has secured Rs 175 crore in its fresh funding round. The Series C funding was led by Amazon, Ascent Capital, along with Wipro Consumer. The beauty brand was valued around $100 million in the funding round. The funding was Amazon’s first investment in an Indian consumer brand. “Amazon remains committed…
Google is planning to invest over $7 billion in the United States in the current year and is also aiming to create ten thousand jobs, CEO of the tech giant said on Thursday. “We plan to invest over $7 billion in offices and data centers across the US and create at least 10,000 new full-time Google jobs…
Pixxel has recently secured additional $2.3 million in seed funding. The fundraiser saw participation from Omnivore VC and Techstars. Awais Ahmed, co-founder and CEO of Pixxel, said, “Our new funding enables us to build a health monitor for the planet through the world’s most advanced hyperspectral small-satellites. This enables us to capture some of the…
Usage AI (usage.ai), a platform that helps companies to reduce their monthly cloud expenditure, has announced the close of its seed round. “The company generates, on average, 35% in monthly AWS savings for its customers. Because the company has collected millions of data points from its opt-in users with a variety of usage patterns, it’s…
Ascendas Funds Management (S) Limited, in its capacity as the manager of Ascendas Real Estate Investment Trust, has announced the Proposed Acquisition of a portfolio of data centres located across Europe. The portfolio comprises 11 data centres located across the United Kingdom, the Netherlands, France and Switzerland. Mr William Tay, Executive Director and Chief Executive Officer…
The Asian Development Bank’s (ADB) new venture arm, ADB Ventures, has announced its first two investments. Euler Motors has raised $9.4 million in Series A funding with participation by ADB Ventures, Blume, Inventus, and other investors. Smart Joules has raised $4.1 million in its Series A financing led by Sangam and ADB Ventures. Max I.…
Fiat-to-Crypto gateway Transak has raised ₹4.8 crore. The funds raised will be utilized to expand India focus. The seed round saw participation from The Lao, Lunex, Koji Capital, Consensys, IOSG along with other angel investors. Co-Founders of Transak – Sami Start & Yeshu Agarwal said, “The Indian blockchain market is growing rapidly and needs on…
Electric vehicle start-up based in New Delhi, Euler Motors has raised $2.6 Million in its ongoing funding round. The round saw participation from venture arm of Asian Development Bank and existing investor Blume Ventures. Speaking on the investment, Saurav Kumar, Founder and CEO, Euler Motors, said, “ADB Ventures’ investment in Euler Motors signals a growing…
Startek, a global provider of customer experience management solutions, has announced a $30 million investment in CSS Corp. “The recent minority investment we made in CSS Corp. (CSS) represents one such accretive opportunity that will also advance our ramping digital initiatives. CSS is a robust IT services company providing mission-critical AI, automation, analytics, cloud and…