Several Indian startups have raised funds across various categories from Oct 28 to Nov 1, AI platform, on demand home service, business automation platform and more. We will highlight four such transactions, including how these startups plan to use the raised capital.

Auquan | AI-based data analytics company

Auquan, an AI-based data analytics company for financial services, has secured an additional $4.5 million in its seed funding round, led by Peak XV’s Surge with participation from existing investor Neotribe Ventures. 

As per the startup, the funding will be used to expand its engineering team and advance its Retrieval-Augmented Generation (RAG) and AI agent architecture, which are key to automating deep work.

Founded in 2016 by Chandini Jain and Shubham Jain, Auquan is dedicated to automating complex, multi-step knowledge workflows in financial services. By utilizing RAG and an AI-driven architecture, Auquan consistently produces timely, comprehensive, and accurate insights that users can rely on. Its platform supports numerous top global asset managers, investment banks, and private equity firms, helping them accelerate analysis, enhance decision-making, and improve operational efficiency.

COOX | On-demand home services startup

On-demand home services startup COOX has raised $125K in its Seed round led by Inflection Point Ventures.

As per the startup, the funding will be used to expand its operations from 20 to 40 cities, boost marketing efforts, and enhance its technology through AI integration for greater efficiency and scalability.

Founded by Akshat Gupta, Abhishek Gupta and Rajat Johri, COOX offers over 10 on-demand home services and event hosting solutions, from professional chefs and hospitality staff to rentals and live entertainment. It also provides domestic cooks on a monthly subscription basis, catering to all home cooking needs.

EvoluteIQ | A business automation platform

EvoluteIQ, a business automation platform, has raised $20 million in equity and debt funding, led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select, and PH Ventures.

As per the startup, the funding will be used to enhance EvoluteIQ’s AI automation platform and support global expansion.

Founded in 2019 by Sameet Gupte, EvoluteIQ provides an AI-powered end-to-end automation platform through a low-code/no-code approach. The platform combines generative AI, intelligent data and event processing, process automation, RPA, web/mobile application development, and built-in connectors to simplify and accelerate enterprise digital transformation. EvoluteIQ helps organizations optimize workflows, reduce operational costs, and drive scalability across various industries.

NG Earsafe | A headphone startup

NG Earsafe has raised Rs 1.06 crore in its seed round led by Inflection Point Ventures. 

As per the startup, the funding will be used to enhance brand and category awareness, expand the brand’s reach, and drive new product development. 

Led by co-founders Meet Shah and Raj Shah, NG EarSafe is an ENT-certified premium open-ear headphone brand offering safe listening solutions through Air Conduction and Bone Conduction Technology. 

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