Inflection Point Ventures has announced an investment in education technology startup MyCaptain which aims to enable everyone to pursue a career they love. Some other investors in this round are MyNavi, Piper Serica, Super Capital and Ankur Capital. Securing funds for strategic growth, MyCaptain plans to expand their hybrid programs into diverse cities, establishing 4+ regional…
Glamplus, a SaaS enabled B2B Beauty Marketplace has raised appprox 16.5cr in a pre-series A round from Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund and Inflection Point Ventures. The round also saw participation from Kube VC and other marquee investors including Gopal Krishna Varshney and IR capital partners. The funds will be directed towards B2B…
OORJAA, a leading logistics solutions company, has successfully raised INR 5.35 Crore in its Pre-Series A Round 2 from Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures and HEM Angels. The funds will be dedicated to scaling the PiE KART platform, advancing technology, and expanding the team. OORJAA focuses on utilizing cutting-edge technology to drive…
Inflection Point Ventures, one of the most active angel platforms with over Rs 600 crore invested across 175+ startups, has announced a full exit from Koovers with 47% IRR. IPV has achieved 2.1X MoM from this exit within 22 months of investing in the Company. This success underscores IPV’s strategic expertise in nurturing and guiding…
Urvann, a gardening-focused hyperlocal marketplace, has raised an undisclosed amount in a Pre-Series Round A led by Inflection Point Ventures. The funds will be utilized to enhance the technology and facilitate expansion into different regions across the country, a statement said. Founded by IIM-Ahmedabad and ISB alums, a husband-wife duo who quit their consulting careers…
Sheerdrive, a Mumbai-based pioneering Digital AI/ ML pre-owned vehicle platform, which deals with all the key elements required to run an effective used-vehicle program for New Car Dealerships (NCDs), has announced that Inflection Point Ventures (IPV), a well-known angel investment group, has made an undisclosed investment in the business. Inflection Point Ventures (IPV) joins the group of investors…
Sequoia Capital-backed revenue-based financing platform Klub has marked the final close of its maiden Rs 200 crore revenue-based debt fund to back consumer tech companies ahead of the festive season, according to moneycontrol report. Acceler8, a SEBI (Securities and exchange board of India)-registered Category II Alternative Investment Fund, which was launched in December last year, has invested…
Content monetisation platform ConsCent has raised $1.75 million (about Rs 14 crore) in a funding round led by Inflection Point Ventures, according to PTI report. Early stage funds Varanium Capital, RiSo Capital, SucSEED Innovation Fund, Sigurd Ventures, AngelList, PitchRight Ventures, and angels like Quess Corp’s Vijay Sivaram, former Rivigo Co-founder Gazal Kalra etc also participated…
Gardening-focused hyperlocal marketplace Urvann has raised Rs 3 crore in a seed funding round led by angel investment platform Inflection Point Ventures (IPV), according to PTI report. The capital raised by the company will be used for the expansion of operations, according to a statement. Urvann is a hyperlocal marketplace for plants and gardening products.…
Electric ride-hailing platform BluSmart Mobility on Tuesday said Inderpreet S Wadhwa, founder and former Chairman & CEO of Azure Power and Mitesh Shah, Co-founder Inflection Point Ventures (IPV) have joined its board, according to PTI report. While Wadhwa joins BluSmart Board as director, Shah joins as observer, the company said in a statement. Wadhwa is…
Data Sutram, an AI-based location intelligence company with a cloud-based B2B data marketplace product, announced that it has raised Rs 2 crore funding from Indian Angel Network (IAN) angels Uday Sodhi, Mitesh Shah, and Nitin Jain, according to a YourStory report. Speaking about the startup, Uday Sodhi, Lead Investor at IAN, said, “It is heartening…
Toilet Hygiene Brand PeeSafe has raised Rs 30Cr in Series A led by Alkemi Growth Capital. It was founded by Vikas Bagaria. Last year the company had raised about $1 million from a group of investors including Rahul Maroli from Ola, Mitesh Shah from BookMyShow. Earlier, in 2017, the company received investment from Venture Catalyst.…
Gurugram-based legal tech startup Legalkart has raised a seed funding of around $492,000 from a clutch of angel investors. It was founded by Arvind Singhatiya, Partha Sen and Deepak Prajapati in 2018. According to Arvind Singhatiya, Founder and CEO, Legalkart – through this app they are looking at – “Making every step of a legal…