Metvy, an AI driven networking platform for individuals and organisations which aims to provide a seamless end to end networking experience, has raised an undisclosed pre-series round of funding from HostelFund. Founded in 2018 by Shawrya Mehrota and Rajan Luthra, Metvy had earlier raised seed funding from an incubator backed by the government of Delhi. …
Mumbai-based rural fintech startup Jai Kisan recently announced that it has secured ₹30Cr in pre-Series A funding round led by Arkam Ventures. The funding round also saw participation from NABVENTURES Fund I,the investment arm of agriculture and rural development institution NABARD. This is NABVENTURES maiden investment in any startup. The funding round also saw participation…
South Korean radar technology startup, Bitsensing has recently raised $5.8mn in a Pre-Series A funding round. This round was led by VC firm LB Investment, and Mando Corporation, a South Korean automotive supplier, participated as a strategic investor. Hansae, SB Partners also participated along with Future Play and SJ Investment Partners from a previous round.…
Gurugram-based cloud kitchen startup, Hoi Foods recently announced that it has raised $2mn in pre-Series A funding round. The funding round was led by equity crowdfunding platform 1Crowd. The funding round also saw participation from Sprout, Angelist, Samar Singla – Founder of Jugnu, Jaideep Mehta – CEO of VCCircle, Mukund Kulashekaran – SVP of Business…
Wellthy Therapeutics, a diabetes management startup, has recently raised $4mn in a pre-Series A funding round from early-stage VC firm Saamna Capital. The recent funding in the startup comes after a two year gap when the company had raised seed funding from Ranjan Pai’s family office MEMG, according to an Entrackr report. In 2018, the…
Bengaluru-based Edtech startup Oda Class recently announced that it has raised an undisclosed amount of investment in pre-Series A funding round. The funding round was led by a Chinese educational company, Yuanfudao. Interestingly, the founder of Yuanfudao is also a founding member of the Oda Class. As per an official company statement, Oda Class plans…
Deeptech startup AjnaLens recently announced that it has raised $1.5mn in Pre-Series A funding round. The funding was led by Maharashtra Defence and Aerospace Venture Fund (MDAVF). Other investors include Mohsin Group and high-net worth-individuals (HNI) like Nailesh Khimji, Chirayu Khimji and Jay Jesrani. It is understood that the company will use these funds to…
Fintech startup SuperMoney recently announced that is has raised $1mn from early-stage investor Unitus Ventures in a pre-Series A funding round. SuperMoney was founded in 2017 by Shiv Nandan and Nikhil Banerjee from Mumbai. The company plans to utilize these funds to strengthen its team across technology, business development, and backend operations. The company also…
Escrowffrr, a unique, escrow focused, digital payments platform, has raised $150,000 in a pre-series investment round led by Inflection Point Ventures, the investor announced in an official release. The company was founded by Ashwin Chawwla in 2015. The company will utilize these funds to grow its escrow business beyond real estate as a category. In…