Fintech platform Yenmo, which provides instant loans against mutual funds, has raised $500,000 in a seed funding round led by US-based startup accelerator Y Combinator, according to ETtech report. Founded by Aryan Agarwal and Ashutosh Purohit, Yenmo enables its users to borrow against their investments at a flat 10.5% interest rate. Investors can view all…
Campfire, the Y Combinator-backed startup modernizing accounting software for startups and midsize companies, announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. Campfire will use the funding to attract world-class talent and further support its flagship products, which provide a modern general ledger and automate revenue…
Y Combinator-backed AI startup Crux has raised $2.6 million in seed funding round led by Emergent Ventures, with participation from Y Combinator and Neon Fund, according to ETtech report. The round also saw participation from early backers like First Cheque and other investors. Crux is backed by industry veterans in product & technology like Tej…
HireSure.ai, an HRtech platform that enables companies to leverage data in making more efficient compensation decisions, has raised $2.5 million in seed funding led by Y Combinator and Binny Bansal’s Three State Capital. San Francisco-based Tribe Capital andPioneer fund also participated in the round. The company plans to use the funds to strengthen the community, build new products and primarily scale up the engineering and product teams for product development, a statement…
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers and to execute its mission to make off-grid mobile living more affordable, faster, and efficient, according to the company’s statement. Since launching…
Defy, a Bengaluru-based platform, co-founded by Sriharsha Setty, Bhagaban Behera, and Nakul Kelkar, has announced that it has secured $5.5 million in its seed funding round for Y Combinator-backed Walrus, its parent company. The funding round saw participation from JAM Fund, Goat VC, as well as Goodwater Capital. Gemba Capital, GMO Venture Partners, Night Ventures,…
Global HRTech startup Advantage Club has announced the company’s plan to hire 100 employees to ramp up its current employee strength of 70 to 170 by the end of the financial year 2021 to turbocharge its 20% month on month rate of growth, and expand its presence in international markets, especially SEA, MENA, and North…
Learning-focused neobank – Akudo has announced that it has secured $4.2 million in the seed funding round led by Y Combinator, AET Fund, JAFCO Asia and Incubate Fund India. Tribe Capital and Cabra Capital along with other angels investors also participated in the funding round. Speaking on the announcement, Nao Murakami, Founder and General Partner…
Karbon Card, a financial platform for Indian entrepreneurs, announced it has raised $12 million in a Pre-Series A round from Unicorn Ramp, Rainfall Ventures, Roka Works, Y Combinator, and other global investors. Founded in 2019 by Pei-fu Hsieh, Amit Jangir, Kartik Jain and Sunil Sinha, Karbon was selected by Y Combinator in the Summer 2021 batch and had…
GimBooks, a fintech startup, has announced that it has raised undisclosed investment in the seed funding round from a group of angel investors led by First Check Ventures via the US-based AngelList platform. The round also saw participation from Y Combinator. Speaking on the announcement, Yash Raj Agarwal, Founder and CEO of GimBooks, commented, “We…
Sparks Studio, an e-learning platform that offers online extracurricular training & certification programs for kids aged 5 to 15, announced it has secured $125,000 in funding from Y Combinator. The Silicon Valley incubator has invested in Spark Studio as part of their summer program (S21) batch. Y Combinator received 17,000 applications for the summer program…
HRtech platform based in Gurugram-based Advantage Club has announced that it has secured $1.7 million in the latest round. The fresh funding round saw participation from Kunal Shah, Y Combinator, Liquid.vc, Broom Ventures and angel investors from Southeast Asia, the US and Middle East. Commenting on the announcement, CEO and Co-founder of Advantage Club, Sourabh…
Healthtech platform NeoDocs has announced that it has secured an undisclosed sum in its pre-seed round from 9Unicorns, Y Combinator and Titan Capital. Commenting on the announcement, Nikunj Malpani, Co-founder and CEO, NeoDocs, said, “Testing is shifting to an at-home, instant and high frequency model. And this shift has been further catalysed by the pandemic.…
Bengaluru-headquartered Corporate Credit Card startup Karbon Card, which offers 24-hour sign-up Corporate Credit Card for small businesses and Startups, has announced that it has raised funding from Y Combinator. The platform aims to utilize the funds raised for product development, hiring, and operations. The company said, “it feels a YC tag would help the company…
Hiration, an AI-powered career platform which helps professionals create high-impact resumes and find their dream job, has raised INR 21 crore from Prime Venture Partners, Venture Highway and Y Combinator. The startup will use the fresh capital to further develop its product, scale its operations in India and the US and hire across functions. Founded…