Japanese VC Firm Beyond Next Ventures Invests In Deeptech Startup Myelin Foundry
Myelin Foundry, a Deeptech AI startup, has raised $1 million in pre-Series A round led by Japanese VC firm Beyond Next Ventures. Endiya Partners, who had invested during the seed stage, also participated in this round. As per the startup, it will utilise the funding to consolidate its products in […]
SaaS Platform Locobuzz Solutions Raises Rs 9Cr In Pre-Series A Funding Round
Mumbai-based digital customer experience SaaS platform Locobuzz Solutions has raised Rs 9 crore capital in a pre-Series A round from Maharashtra State Social Venture Fund of SIDBI Venture Capital Ltd. As per the startup, it will utilise the funds to enhance the technological capabilities of the platform, scale up the […]
E-commerce Solutions Provider ANS Commerce Acquihires Asterro Technologies
ANS Commerce, a startup providing full-stack e-commerce solutions, has acquihired a software development firm Asterro Technologies. As per a statement, Asterro’s 25-member team from engineering, product design, QA and HR segments will join the product and technology team of ANS Commerce. Also, as part of the deal, Ruchir Pahuja (Asterro […]
Gurugram-Based Agritech Startup Eekifoods Raises Pre-Series A Funding
Eekifoods, a Gurugram-based Agritech startup, has raised Pre-Series A funding from GSF Accelerator. The funding round saw participation from existing Eekifoods investors-Sumit Jain (Country Head of BirdEye) and Dipesh Palod. Naho Shigeta (Founder and CEO of Infobridge Holdings); Shalin Sanjay Shah (Director at Core91 VC), and a Gulf-based Syndicate also […]
RuleZero Raises Rs 10 Cr In A Seed Funding Round Led By Zerodha’s Rainmatter Capital
RuleZero, a legal/fintech platform, has raised Rs 10 crore in a seed funding round led by Zerodha-backed fund and incubator Rainmatter Capital. Kris Gopalakrishnan, IndusLaw, and Reddy Futures, amongst others, also participated in the funding round. As per the startup, it will use the funds to enhance its technology and […]
Delhi-Based FuelBuddy Acquires On-Demand Fuel Delivery Startup MyPetrolPump
FuelBuddy, a Delhi-based fuel delivery startup, has acquired Bangalore based on-demand fuel delivery startup MyPetrolPump in an all cash and stock deal. The Delhi-based fuel delivery startup, in a press release, stated that the acquisition provides it with access to newer geographies, customers and management bandwidth, making it the largest and […]
Sequoia Capital India And Beenext Ventures To Invest $4 Million In AppsForBharat
VC firms Sequoia Capital India and Beenext Ventures are all set to invest in a spiritual startup AppsForBharat. First reported by Entrackr, citing three sources, Sequoia Capital India and Beenext Ventures are in an advanced stage to pump in $4 million in AppsForBharat. Started by Prashant Sachan in November 2020, […]
Gurugram-Based Logistics Startup Rivigo Witnesses 5% Growth In Revenue In FY20
Rivigo, a Gurugram-based logistics startup, has recorded a 5% increase in its revenue in FY2020. First reported by Inc42, the logistics startup reported a revenue of Rs 1,080 Cr in FY2020 compared to INR 1,028 in FY2019. For the same period, Rivigo’s expenses grew 5% from Rs 1,532 Cr in […]
Chennai-Based Jidoka Technologies Raises $340K In Seed Funding
Jidoka Technologies, a Chennai-based AI-driven automation startup, has raised $340,000 in seed funding from a technology entrepreneur. As per the startup, it will use the funds to scale up operations and for expansion into new markets of North America and Southeast Asia. Founded by Vinodh Venkatesan and Sekar Udayamurthy, Jidoka […]
Creativeland Asia Founder Acquires 40% Stake In Revenant Esports
Sajan Raj Kurup, the founder of advertising and design firm Creativeland Asia, has acquired a 40% stake in Revenant Esports LLP, an esports startup, for around $1 million (Rs 7.4 crore). As the esports sector is becoming one of the fastest-growing industries globally, Kurup expects Revenant to grow to a […]