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Investment

Cloud Manufacturing Startup Frigate raises 175K USD in Pre-Seed Round

Chennai-based cloud manufacturing startup Frigate raises 175K USD in an oversubscribed pre-seed round from strategic investors. These include names like Vel Kanniappan, Angel Investor, Srinath Ramakkrushnan, Founder of Zetwerk,  Abhishek Raj Pandey, Head of Sourcing and Procurement, Mamaearth, Vijay Pravin Maharajan of Bitscrunch, Prabhu Sengodan of SPK groups, Founders of  M2P Fintech, Mohan and Jaikumar […]

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Investment

Bengaluru-based EV startup Simple Energy raises undisclosed pre-series funding

Simple Energy, an electric vehicle startup that specializes in manufacturing smart electric scooters, has raised an undisclosed amount of funding from the angel investor Vel Kanniappan and four other investors who participated in this round of funding. According to a company statement, the startup plans also to raise INR 51crore to INR 74 crore (USD […]