Supply Chain Enablement Startup Magma Raises Seed Funding
Taozen Technology Pvt Ltd, which runs cross-border B2B supply chain enablement startup Magma, has raised a seed funding round of $3.3 million (around Rs 26.4 crore) led by General Catalyst. Accion Venture Lab, Titan Capital, WEH Ventures, and All in Capital, with angel investors Varun Alagh (Mamaearth), Aayush Phumbhra (Chegg), and Srini […]
Esports Startup Gamerji Raises $3 Mn In Pre-Series A Funding
Gamerji, an E-sports tournament platform, has raised $3 million in a pre-Series A funding round from GVFL (formerly Gujarat Venture Finance Limited) and existing investor Unicorn India Ventures. As per the startup, the raised funds will be used to grow the platform in international markets, including West Asia and North […]
Iba Cosmetics Raises Funding From Beauty & Personal Care Brand Believe
Ecotrail Personal Care Pvt. Ltd, which runs the clean beauty platform Iba Cosmetics, has raised $10 million (around Rs 80 crore) in a Series B funding round from Singapore-based beauty and personal care products company Believe Pte Ltd. As per people close to the development, Believe has bought over 50% […]
EnterpriseTech Firm Aarav Solutions Acquires Froot Research
Aarav Solutions, an Ahmedabad-based IT firm, has acquired AI-based firm Froot Research for $4 Million. The acquisition will help Aarav expand in the AI space and launch AI-related products and platforms. Additionally, Froot Research will operate under the Aarav brand name and become the latter’s sister company. As part of […]
Ahmedabad-based Robotics Startup Ishitva Raises Over $1M In Pre-Series A Funding
Ishitva, an Ahmedabad-based robotics startup, has raised over $1 million in a Pre-Series A funding round led by Inflection Point Ventures, an angel investment platform. The funding round also saw participation from many waste management and plastic value chain players and veterans, including Kamaljyot Investments Ltd (a subsidiary of Excel […]