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…
Tag: Startup funding
Voiceitt raises $10 mn in Series-A funding round
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•Voiceitt, a Israel-based award winning leader in commercial speech recognition technology, announced that it has successfully raised an additional $10 million in a Series-A round. New York based Cahn Capital Corp. served as Investment Bankers for the Company. Investors that participated in the funding round include Viking Maccabee Ventures, Microsoft’s M12, AMIT Technion, Cahn Capital…
Delhi-based Wobot raises $2.5 mn pre-Series A funding led by Sequoia India
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•Wobot, a Delhi-based AI-powered video analytics platform, announced that it has raised $2.5 million in pre-Series A round led by Sequoia India, according to the YourStory report. Recently, the startup raised an undisclosed amount of seed funding from Titan Capital. The company said that Wobot will use the funds for global expansion and to strengthen…
Gurugram-based Bolo Indya raises $300K from Eagle10 Ventures, India Accelerator Group
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•Bolo Indya, a Gurugram-based short video app, announced that it has raised $300,000 investment from Eagle10 Ventures, India Accelerator Group and HNIs, according to an ETtech report. Till now the company has raised over $500,000 in funding. The new funds will be used to enhance personalisation and recommendation engine, develop language evangelists and strengthen the…
Gurugram-based inFeedo raises $700,000 from Y Combinator, others
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•inFeedo, a SaaS-based people analytics startup, announced that it has raised $700,000 financing from Y Combinator, a Silicon Valley-based startup incubator, according to the ETtech report. Angel investors like Innov8 founder Ritesh Malik, Lenskart cofounder Peyush Bansal, former Facebook director Anand Chandrashekharan, Cisco’s Vinod Muthukrishnan, Inventus Law founder Anil Advani, and Kwench founder Sunder Nookala…
Pune-based Haqdarshak raises pre-Series A funding
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•Haqdarshak Empowerment Solutions Pvt. Ltd, which operates a startup focussed on the delivery of government financial schemes and citizens, announced that it has raised pre-Series A funding from Impact investor Acumen Fund, according to a VCCircle report. Impact investor Acumen Fund led the funding round, the Pune-based Haqdarshak said in a statement. Other investors that…
Delightree raises $3 mn seed funding from Accel Partners, Others
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•Delightree, a San Francisco and Delhi-based workflow automation app for businesses, announced that it has raised $3 million in seed funding round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator, according to the YourStory report. The company will utilise the current financing to win new clients. Founded in 2019 by Madhulika…
IIFL invests Rs50 cr in male grooming startup Ustraa
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•IIFL, India’s leading integrated financial services group, announced that IIFL Seed Ventures Fund II has invested Rs 50 crore in men’s grooming startup Happily Unmarried Marketing, which sells products online under the brand name of Ustraa. Post this funding, Happily Unmarried Marketing is valued at around Rs 220 crore. IIFL Seed Ventures Fund II, which…
Bengaluru-based rural ecommerce startup VilCart raises bridge funding
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•VilCart, a Bengaluru-based tech startup that enables retailers in villages and small towns to order consumer goods digitally, announced that it has raised bridge funding from new and existing investors. Investors that took part in the funding round include N S Parthasarathy, ex-COO and Co-founder of Mindtree; Dilipkumar Khandelwal, Managing Director and Global Head of…
SoftBank-backed ClimaCell raises $23 mn funding led by Square Peg Capital and Pitango Venture
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•ClimaCell, a Boston-based startup that aims to create hyper-accurate weather reports, announced that it has raised $23 million led by Square Peg capital, Australia’s largest venture capital firm, and Pitango Venture Capital. ClimaCell is also backed by SoftBank Group which invested in the company last year. Shimon Elkabetz, ClimaCell’s co-founder and chief executive officer, said…
Riiid raises $41.8 mn pre-Series D funding to boost global expansion
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•Riiid, a leading AI education solutions startup and a member company of the Born2Global Centre, announced that it has successfully secured a $41.8 million pre-Series D funding round. The round includes investment from state-run Korea Development Bank (KDB), NVESTOR, Intervest as well as from an existing investor IMM Investment, bringing Riiid’s total funding to date…
Kochi-based Entri raises an additional $1.7 mn pre-Series A funding
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•Entri Software, a vernacular language learning platform for India which owns and operates local languages-focused job learning app Entri, announced that it has raised an additional $1.7 million in funding led by Good Capital. The latest fund infusion is an addition to the $1.4 million the company raised in February this year, and which was…
Bengaluru-based staffing platform Gigforce gets Rs6 cr from Unitus Ventures
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•Gigforce, a Bengaluru-based on-demand staffing platform, announced that it has raised Rs 6 crore from Unitus Ventures. The startup allows gig workers to select jobs suited to their priorities, along with industry-specific training and upskilling. It also aims to bridge the gap between conventional hiring and modern-day business demands. “The dynamics of hiring have rapidly…
ODILO raises $10 mn funding from Swanlaab Venture Factory
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•ODILO, a Spanish startup with offices around the globe, is revolutionizing the way organizations transform themselves by providing digital content and learning services for the personal and professional development of their users, announced that it has raised 10 million dollars funding led by Swanlaab Venture Factory. Other investors that participated in the current financing round…
StyleDotMe raises Rs3.5 cr pre-Series A funding led by Survam Partners
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•StyleDotMe, a Gurugram-based fashion tech startup, announced that it has raised Rs 3.5 crore Pre-Series A funding led by Survam Partners. Other investors that took part in the funding round include Bobby Kothari, Director, Jewelex India as a strategic investor, and existing investor IAN (Indian Angel Network). Commenting on the development, Meghna Saraogi, Co-founder and…