Gullak, a Y Combinator-backed saving and investment app, announced that it has raised $3 million in funding as part of its seed round from new investors YC and Rebel partners and existing investor Better capital, according to moneycontrol report. Other investors that took part in the current funding round include Good water capital, GMO fintech…
Tag: Vaibhav Domkundwar
IppoPay acquires Chennai-based Roamsoft Technologies
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•IppoPay Technologies, a verticalized payments infrastructure company, said in a statement that it has acquired the business of Roamsoft Technologies Pvt Ltd, a fintech focused IT products and services company located in Tamil Nadu, for an undisclosed amount. Roamsoft, headquartered in Chennai, is primarily engaged in the business of developing products and providing technology services…
GrowthX raises seed round with 212 investors
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•GrowthX (GrowthX.club), a social learning community, announced that 212 angel investors contributed to its seed round. This historic community-led fundraising in the Indian startup ecosystem saw participation from 200+ founders, leaders and operators across companies like Razorpay, Airbnb, Mamaearth, Meesho, Myntra, and Freshworks. Out of the 1.5 Million USD raised, incredibly, 65% of the funds were…
Chennai-based fintech startup IppoPay raises $2.1 M in funding
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•Fintech startup IppoPay announced it has raised $2.1 million in Seed funding from Coinbase Ventures, Better Capital, Blume Founders Fund, and a number of high-profile angel investors. Founded in November 2020, the IppoPay has enabled 50,000 offline merchants and daily income earners in the Indian Tier 2, Tier 3, and rural market to increase their revenues through…
Bengaluru-based edtech startup Spark Studio raises funds from Better Capital
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•Spark Studio, the extracurricular edtech startup, announced it has raised its first round of investment from Better Capital, according to YourStory report. The current financing will be used to invest in building a strong team to develop the tech platform to deliver a superlative experience and to develop best-in-class curriculum and content. Anushree Goenka, Co-founder…
Mumbai-based Fanspole raises pre-seed funding from Better Capital
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•Fanspole, a Mumbai-based fantasy gaming platform, announced that it has raised a pre-seed funding from Better Capital, according to YourStory report. Financial details of the funding remain undisclosed. The social gaming startup will use the fresh funds for further product development and boost marketing. Fanspole also launched its fantasy sports app, which will enable anyone…
DocSumo raises $220K seed funding from Better Capital, others
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•DocSumo, a document AI startup that captures data from unstructured documents such as invoices & bank statements into structured formats, announced it has raised seed funding of $220,000 from Better Capital, TechStars, and Barclays. The startup will use this investment to strengthen its product, marketing, and sales engine, and also foray into newer markets like…
Hyderabad-based CUSMAT raises funding from Venture Catalysts
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•CUSMAT, a startup that builds high immersion training systems for enterprises, announced that it has raised an undisclosed amount of funding from Venture Catalysts. The funding round was led by Venture Catalysts investor — Raveen Sastry of Multiply Ventures, and also saw participation from Vaibhav Domkundwar, Better Capital; Rakesh Verma, Chairman, MapMyIndia; and Pratap Atwal,…
Inspektlabs raises $600,000 pre-Series A funding from Better Capital, Titan Capital
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•Inspektlabs, a US and New Delhi-based Inspection AI technology startup that automates inspections of physical items with photos and videos, announced that it has raised $600,000 in a pre-Series A round led by Better Capital, Titan Capital — the investment office of Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of angel investors. …
Bengaluru-based startup Locale.ai raises seed funding from Better Capital
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•Locale.ai, a Bengaluru-based location analytics startup, announced it has raised an undisclosed sum in a seed funding round led by early-stage venture capital firm Better Capital, with participation from two angel investors, the company announced on Monday according to a media report. Other investors that took part in the funding round include Raveen Sastry, co-founder…