Rural-fintech Navadhan announced that it has raised 40 Cr (USD 5M) in its Pre-Series A round led by Prime Venture Partners. Existing investors, Varanium NexGen Fintech Fund and Gemba Capital also participated in the round. The new funds will be used to further enhance the company’s AceN tech platform and scale up the company’s distribution…
ZuAI, a Bangalore-based GenAI startup, announced that it has raised INR 4 crore in seed funding led by Prime Venture Partners. The groundbreaking AI-powered personal tutor for students aims to enhance academic outcomes for one hundred million students in the next three years. This investment will propel the startup’s (which was previously backed by 100X.VC) mission of providing…
Prime Venture Partners, an early-stage India focussed VC fund, announced the appointment of former Nike and Lenovo India CFO, Alok Garodia, as Chief Financial Officer (CFO), taking over from Tulsi Swamy. Alok will be responsible for all aspects of Fund Finances, Operations, Investor Reporting, Compliance, Legal and Tax matters. Alok joins the Prime leadership team as it expands its investment…
Prime Venture Partners, has announced its fourth fund of US$100 million, with a first close of $75 million (INR 556 crore). Prime had raised its last fund of $72M in 2018, a second fund of $46M in 2015 and a $8M first fund in 2012. Fund Four investors include the International Finance Corporation (IFC), part…
Hiration, an AI-powered career platform which helps professionals create high-impact resumes and find their dream job, has raised INR 21 crore from Prime Venture Partners, Venture Highway and Y Combinator. The startup will use the fresh capital to further develop its product, scale its operations in India and the US and hire across functions. Founded…
Dozee, a healthtech startup offering contactless remote patient monitoring (RPM) solutions, has raised Rs 44 crore in a Series A funding round led by existing investor Prime Venture Partners, with participation of YourNest Venture Capital and 3one4 Capital, according to ETTech report. The startup will use the capital to ramp up its R&D and launch…
Affable.ai has raised USD Two Million from Prime Venture Partners, Decacorn Capital & SGInnovate. With the fresh funding, Affable plans to expand into international markets such as the U.S. Affable was founded by Nisarg Shah and Swayam Narain in 2017 as part of the Entrepreneur First cohort. The end-to-end Influencer Marketing Platform allows brands and…
Sunstone Eduversity, an Education technology startup announced that it has raised Rs 24 crore in Series A funding led by Saama Capital. Existing investors Prime Venture Partners, Purvi Capital and Leo Capital founder and MD Rajul Garg also participated in the funding round. The round also saw Helion Advisors MD Ashish Gupta and PeopleStrong CEO…
Zuper, a Seattle-headquartered SaaS startup, announced that it has raised $1.1 million in seed funding led by Prime Venture Partners. Other investors that participated in the funding round are Gunderson Dettemer and Gemba Capital. According to a statement issued by the startup, Zuper plans to use the funding to further grow and expand in North…
Prime Venture Partners announced the addition of Dr Ashish Gupta as Partner Emeritus to further strengthen its investment team. Based in the US, Ashish is a renowned serial entrepreneur, angel investor and VC, having co-founded Helion Ventures in 2005. In his new role, Ashish will be part of the Investment Committee and actively involved in…
Recko, a Bengaluru-based fintech startup, announced it has raised $6 million Series A funding led by Vertex Ventures Southeast Asia and India. Existing investor Prime Venture Partners also took part in the funding round. The startup will utilise the current funding towards hiring, product development, and expanding its presence outside India. Recko was founded in…