Podcastle, a startup that converts text news and articles to a podcast, with very natural human speech using machine learning, announced that it has raised $1.75 million seed funding led by Sierra Ventures. Other investors that participated in the funding round include Andrew Ng’s AI Fund and Correlation VC. Founded in early 2020 by Artavazd…
Tag: Startup funding
Vadodara-based EV charging startup Charge+Zone raises pre-Series A funding
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•Charge+Zone, an electric vehicle (EV) charging startup has raised $3 million in a pre-Series A funding round led by Venture Catalysts, according to VCCircle report. Other investors that participated in the funding round include Mumbai Angels Network, Keiretsu Forum, and the Ramakrishnan Family Office. Founded in 2018 by Kartikey Hariyani and Pavan Bakeri, Charge+Zone claims…
Bizlog nabs Rs12 cr in pre-Series A funding led by IAN fund
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•Logistics solutions startup Bizlog announced it has raised Rs 12 crore in a pre-series-A round led by IAN fund. Founder of Adishwar, Paras Jain, also participated in the funding round. The company plans to use the current funding to develop technology, create a roadmap to onboard new verticals and expand the business pan India over…
Bengaluru-based Fedo raises $1 mn pre-Series A funding led by Unicorn India Ventures
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•Fedo, a Bengaluru-based insurtech platform that predicts the health risk profile of individuals from a photo and 5 simple questions, announced that it has raised $1 million in pre-Series A funding round led by Unicorn India Ventures, according to ET report. A clutch of investors including former Max Bupa managing director & CEO Ashish Mehrotra…
Vedanta launches initiative to support and nurture startups around the world
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•Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals Company, announced the launch of “Vedanta Spark”, an initiative wherein the company is looking to partner with early stage, growth stage and venture stage Digital Tech start-ups in order to tap into massive innovation and growth…
Transcend raises $10 mn Series A funding led by Nyca Partners
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•Transcend, a leader in business optimization for financial firms, announced it has raised $ 10 million in Series A financing led by Nyca Partners, a leading fintech venture capital firm, with support from a major global custodian bank. The company will utilise the proceeds to rapidly scale product and sales infrastructure to meet growing demand…
Mumbai-based FlexiLoans raises Rs150 cr in debt and equity funding
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•FlexiLoans, a Mumbai-based online lending platform, announced that it has raised Rs 150 crore in a mix of debt and equity financing from multiple investors. The investment was led by Falguni and Sanjay Nayar Family Office. The startup plans to use the funds raised to scale up its micro SME lending and launch new lending…
Mumbai-based Railofy raises Rs4 cr in seed funding round
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•Railofy, the first startup in India to provide travel protection to railway passengers against waitlist (WL) and reservation against cancellation (RAC), announced it has raised Rs 4 crore in seed funding round from Roots Ventures, Astarc Ventures, Better Capitals etc. The seed funding will be used to scale its presence across the country. In addition…
FreshToHome raises $121 mn in Series C funding round
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•FreshToHome, the Bengaluru-based online fish and meat ecommerce startup, announced it has raised $121 million in Series-C funding round led by Investment Corporation of Dubai (ICD). Other investors that participated in the funding round are Investcorp, Ascent Capital, DFC, and the Allana Group. Existing investor Iron Pillar invested $19 million in the current funding round. Commenting…
Bengaluru-based Betterplace raises $10 mn Series B funding led by Jungle Ventures
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•Betterplace, a Bengaluru-based tech platform delivering digital solutions for blue-collar workforce management throughout the value chain, announced that it has raised $10 million in a Series B funding round led by Jungle Ventures. Existing investors that participated in the funding round are Unitus Ventures, 3One4 Capital, and Venture Highway. Post this funding, the company is…
Video editing platform InVideo raises $15 mn Series A funding led by Sequoia India
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•InVideo, a video creation platform to create video ads, promo videos, social media videos and more has announced that it has raised $15 million in Series A funding led by Sequoia Capital India. Other investors that participated in the Series A funding round are Tiger Global, Hummingbird, RTP Global, and Base Ventures. The online video…
Gurugram-based agritech firm Origo raises Rs35 cr in debt funding
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•Origo, a complete post-harvest management services for agricultural commodities has said that it has raised Rs 35 crore debt from Northern Arc Capital and other investors, according to PTI report. Origo group firms Origo Commodities and Origo Finance, will use the fund for securitizing the agricultural markets and streamlining the supply chain mechanism for agri…
Hubilo raises $4.5 mn in seed funding round led by Lightspeed
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•Hubilo, a global intelligent virtual events platform that brings Experience & Intelligence together, announced that it has raised $4.5 million in a seed funding led by Lightspeed Venture Partners. Angel investors that participated in the current financing round include Freshworks chief executive Girish Mathrubootham, former LinkedIn India CEO Nishant Rao and Slideshare cofounder Jonathan Boutelle. …
Non-alcoholic beverage maker Svami raises Rs6.5 cr in bridge round
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•Svami, a Mumbai-based FMCG startup that sells non-alcoholic aerated beverages, announced that it has raised Rs 6.5 crore in a bridge round led by Mumbai Angels Network, according to YourStory report. Other investors that participated in the funding round are Rukam Capital Trust; Niren Shah, Managing Director of Norwest Venture Partners; and Ashish Chand’s family…
Jaipur-based AI startup NeoDove raises undisclosed funding
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•NeoDove, a leading AI driven contact center automation platform, announced that it has raised an undisclosed amount of funding led by Ankit Garg, founder of WakeFit and others. The startup boasts of over 100 clients from 16 states across Finance, Education, Automobile, NGOs and other industries. More than 1000 users are using their solution for…