Inflection Point Ventures Delivers 14 Successful Exits in 2024, Maintaining Strong Returns for Investors.
Angel investment network Inflection Point Ventures (IPV) has recorded 14 successful exits in 2024, delivering an Internal Rate of Return (IRR) of 36% to its investors. With 47 exits over the past five years from a portfolio of over 200 startups, IPV has outperformed industry standards in exit frequency and investor returns. Among IPV’s major exits this year, Prescinto AI was acquired by IBM, while Parablu was bought […]
MeitY Pushes for Digital Independence with Indian Web Browser; Startup Ajna Named as Second Runner-Up
Union Minister Shri Ashwini Vaishnaw Honors Ajna with ₹50 Lakh as Second Runner-Up in India’s Browser Development Challenge The browser “Bharat Web Navigator” by Ajna is the world’s first and only browser with built-in support for non-custodial Self-Sovereign Identity (SSI), the main feature of their browser, enables users to manage their digital identities securely and […]
coto appoints Shefali Anurag as co-founder
~Shefali will drive coto’s innovation projects, leading marketing, brand expansion, user engagement, monetization and product development initiatives to scale its emotional wellness solutions globally~ National, 31st March 2025: coto, an emotional wellness platform providing 24/7 live consultations, has appointed Shefali Anurag as its co-founder. Previously serving as Vice President of Marketing, she will continue to lead the […]
OneStack Secures $2 Million in Series A, Eyes Additional $1 Million for Financial Inclusion
Fintech platform OneStack has successfully raised $2 million in its Series A funding round, with an additional $1 million set to follow. The round is led by Pentathlon Ventures, with participation from Yatra Angel Network and existing investors 100Unicorns and Venture Catalysts. The fresh capital will fuel the development of scalable technologies aimed at driving financial inclusion and accelerating digital transformation in underserved markets, particularly among regional and rural banks. Founded by Amit Kapoor and […]
Expertia AI Raises Rs 20 Crore to Revolutionize AI-Powered Hiring
Bengaluru-based AI-driven recruitment platform Expertia AI has secured Rs 20 crore in a pre-Series A funding round led by Rockstud Capital, with participation from Flipkart, Endiya Partners, and Chiratae Ventures. This funding follows the Rs 9 crore the company raised in 2021 from its existing investors. The fresh capital will be utilized to enhance product development and expand its technology team, as per the company’s statement. Founded in […]
KRAFTON Acquires Nautilus Mobile for Rs 118 Crore to Expand India’s Gaming Industry
KRAFTON, the gaming giant behind BATTLEGROUNDS MOBILE INDIA (BGMI), has acquired a controlling stakein Pune-based Nautilus Mobile for Rs 118 crore ($13.7 million), marking its first full-control acquisition in India. Nautilus Mobile, best known for its hit mobile cricket game Real Cricket, was fully acquired by JetSynthesys in 2020, with KRAFTON investing Rs 40.5 crore […]
Chargebee Strengthens AI Capabilities with Acquisition of Trainn
Chargebee, a leading subscription management and revenue optimization software firm, has acquired AI-first customer tracking platform Trainn. This move marks Chargebee’s second acquisition in just a month as it accelerates its artificial intelligence (AI) initiatives. Prior to this, the Tiger Global-backed company acquired Inai, a payment tracking and management firm, to enhance its AI-driven offerings. […]
Elev8 Venture Partners Leads $50M Series D Round in smallcase, Betting Big on the Future of WealthTech in India
This Investment marks Elev8’s third major deal as the firm continues backing high-growth Indian startups BENGALURU, March 31, 2025: Elev8 Venture Partners, a $200 million growth-stage fund focused on high-potential Indian startups, has led a $50 million Series D funding round in smallcase, India’s leading model portfolios platform. The round also saw participation from State […]
Jindal Stainless Invests Rs 154 Crore in M1xchange to Strengthen MSME Financing
Jindal Stainless, along with its wholly-owned subsidiary Jindal Stainless Steelway Limited (JSSL), has acquired a 9.62% stake in M1xchange, a leading digital invoicing and discounting platform for MSMEs, corporates, and financiers. The investment, which includes primary capital infusion and a secondary purchase of shares from existing stakeholders, underscores Jindal Stainless’ commitment to strengthening India’s digital […]
Abound Secures $14M to Build a Financial Super-App for Indians in the US
Abound, the financial super-app tailored for Indians in the US, has secured $14 million in a seed funding round led by NEAR Foundation, with participation from Circle Ventures, Times Internet, and others. This marks Abound’s first external investment since its incubation at Times Internet, the digital arm of The Times of India Group. Previously, in […]
