Polestar Solutions, a data analytics and enterprise performance management (EPM) company, announced it has raised an undisclosed amount of Series-A funding from a US-based strategic investor. The round of investment is driven by the significant revenue growth, strong traction (across segments and geographies), and competitive advantage the company has consistently established over consecutive years, the statement…
Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This…
CASHe, India’s leading credit led, AI-driven financial wellness platform, announced that it has closed 140 crores of equity funding from its Singapore-based holding company TSLC Pte Ltd. The latest round of capital infusion strengthens the Mumbai headquartered fintech company’s balance sheet size to over Rs. 800 Cr. which constitutes about Rs. 300 Cr. in equity…
X0PA AI, an AI-powered objective hiring solutions platform, announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP), with additional funding from SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments. “Recruitment and selections can have significant bias, inequity and inefficiencies. We are looking to change the game in equitable…
Elon Musk led rocket company SpaceX has raised over $337.4 million in equity financing, according to the Reuters report. The startup had raised about $1.16 billion in equity financing in April. Backed by Alphabet Inc and Fidelity Investments, SpaceX hit $100 billion in valuation following a secondary share sale in October, according to CNBC. The…
Nota, a startup with an AI optimization platform, has received $ 14.7 million in Series B funding round. This financing round is supported by Stonebridge Ventures, LB Investment, DS Asset, Intervest and Company K Partners. Nota raised a total of $ 23 million. Nota is a technology startup focused on optimizing AI models with its main…
Serial entrepreneur Aditya Vuchi, who recently exited his previous company MediaMint in a Rs. 566 Cr. deal, announced that he has raised seed funding for his latest venture. His newest startup, Doosra, is focused on solving one of the most complex and pressing problems globally – privacy. The round was led by Omidyar Network India.…
Pace Robotics, a Construction Robotics Startup, announced it has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion, the statement said. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup has been working on a prototype…
Dialpad Inc., the industry leader in AI-powered cloud communications and collaboration, announced $170 million in funding. To date, Dialpad has raised $418 million in capital. The amount raised and valuation of $2.2 billion reflects the increasing importance of a truly unified approach to business communications, the statement said. ICONIQ Capital leads the funding round which…
Content-sharing platform ShareChat said it had raised $266 million in fresh funding from U.S.-based Alkeon Capital and some existing investors, pushing its valuation to $3.7 billion, according to Reuters report. The new investments, part of ShareChat’s third funding round this year, was led by Alkeon and saw participation from Singapore’s Temasek Holdings and Moore Strategic…
Global venture accelerator Brinc announced the closing of its US$30 million in Series B funding round and a further US$100 million for startup investments, led by Hong Kong unicorn Animoca Brands, an investor in NFT-centric and Web 3.0 companies. The fresh capital will be utilised to fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate…
Oneiric Gaming founded in 2020 is now backed by Actor Rannvijay Singha to acquire a large number of userbases for their Oneiric (dream) games. The company aims to expand its user base to reach 1 million users playing oneiric games in the next three quarters. Oneiric Gaming said it is also looking to penetrate deeper…
Via, the global leader in TransitTech, announced $130 million in new financing at a total valuation of $3.3 billion. The round was led by Janus Hendersonwith participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies and existing investor Exor. The demand for software that can transform legacy transportation systems into advanced digital…
MentorKart, a tech-based mentorship patented platform, announced that in its extended round of funding, it has raised funds from LetsVenture and senior actor & motivational speaker Ashish Vidyarthi taking total funds raised till date to USD 250K. According to MentorKart, it will utilise the funds for its go-to Market plans, enhancing its platform, strengthening tech…
Clinikk, an insurtech and healthtech startup, has raised $4 million in pre-series A funding led by MassMutual Ventures, with participation from Kunal Shah (Founder, Cred), Rohit M.A. (Co-founder and MD of Cloudnine Hospitals), Anjali Bansal (Founder, Avaana Capital), Stanford Angels, and other prominent individual investors. Existing investors Times Internet Group, EMVC, 500 Startups’ Southeast Asia-focused…