Bengaluru Based Edtech Startup Univ.AI Raises Fresh Funding
Edtech startup Univ.AI has raised an undisclosed amount of funding from Kiran Mazumdar-Shaw, Biocon Founder and Executive Chairperson. As per the startup, it plans to utilise this funding amount to expand the scope of AI and data science education to a larger group of candidates. Founded by Siddharth Das, Dr […]
By 2024 Ecommerce Retail Market Is Expected To Cross $100 Billion
According to a white paper, jointly prepared by global professional services firm Alvarez & Marsal (A&M) India and CII Institute of Logistics, the eCommerce retail market is expected to cross the $100-billion mark by 2024, which stood at $30 billion in 2019. Among many factors, the three prominent factors driving […]
IIT-Madras Incubated Startup Grinntech Raises $2 Million
IIT-Madras incubated startup Grinntech has closed a funding round of $2 million from a set of high net-worth individuals (HNIs) and senior people belonging to the automotive industry. Grinntech unveiled a range of high-tech batteries that are customised as per Indian conditions. The startup also unveiled its proprietary IoT-enabled BMS to […]
Gaming Platform Gamezop Raises 32 Crore In Series A Funding Round
Delhi-based gaming platform Gamezop has raised Rs 32 crores ($4.3 million) in Series A funding from BITKRAFT Ventures, FJ Labs, and Velo Partners. As per Gamezop, it will use the raised funding to grow the mobile esports format. Gamezop also plans to establish a presence in select overseas markets through […]
Hewlett Packard Enterprise Launches Program To Engage With Indian Tech Startups
Hewlett Packard Enterprise (HPE) in partnership with angel investing platform LetsVenture has launched the HPE Digital Catalyst Program to engage with the Indian tech startups. The program will focus on partnering with Indian startups working in cybersecurity, artificial intelligence (AI), DevSecOps, and intelligent edge. Under the program, Hewlett Packard Enterprise will work with a selected cohort […]
Electric Vehicle Startup EVage Raises Fresh Funding
Electric vehicle startup EVage has raised an undisclosed amount of funding led by Ola Electric Co-founder and Senior Advisor Anand Shah. And according to a statement, the funding round also saw participation from BryAir Director Varun Pahwa and DMI Group partner Anmol Nayyar. EVage is also set to launch their […]
Bengaluru Based Tech Startup Verloop.io Raises $5M In Series A Funding
Bengaluru-based tech startup Verloop.io has raised $5 million as part of its Series A funding round led by Alpha Wave Incubation. The funding round also saw participation from existing investors IDFC Parampara and Infosys Co-founder S Gopalakrishnan, according to a press statement. Now, with this fresh funding, Verloop.io plans to […]
Otipy Raises $1 Million In Funding From Inflection Point Ventures
Otipy, a social commerce startup, has raised $1 million from Inflection Point Ventures (IPV). As per the startup, it will use the funding amount to augment the existing technology infrastructure. The startup also plans to expand its reseller base in Delhi/NCR, and build deeper relationships with the farmer ecosystem. Otipy […]
Logistics SaaS Startup ‘FarEye’ Raises $13 Million In Funding
Logistics SaaS platform FarEye has raised an additional $13 million (about Rs 97.3 crore) as an extension to its Series D investment from Nandan Nilekani-backed Fundamentum Partnership and KB Investment. In April, FarEye had raised $24.5 million (around Rs 183.5 crore) in series D funding from Microsoft’s venture fund M12, […]
Bengaluru Based Startup SmarterBiz Raises Pre-Series A Funding
Bengaluru-based startup SmarterBiz has raised Rs 8 crore as a part of its Pre-Series A funding round. The contributors for this funding round were StartupXseed Ventures, Bhaskar Pramanik, MJ Aravind, MJ Aniketh, Ravi Viswanath, Ramesh Radhakrishnan, and Ranjan Biswas. Founded by Rajesh Bernard, Vijay Krishna, and Prateek Mehta in 2014, […]