Mynavi Takes Majority Stake in HRtech Startup Awign, Backers Exit.
Mynavi Corporation has made a significant move in the HRtech sector with its majority stake acquisition of Awign, a Bengaluru-based work-as-a-service platform. The acquisition, finalized in an all-cash deal, marks a strategic shift for both companies. The partnership solidifies Mynavi’s position in the HRtech space and signals the exit of several of Awign’s early backers, […]
MatchLog Solutions Secures $1.5M in Pre-Series A Round to Revolutionize Container Logistics.
MatchLog Solutions, a pioneer in sustainable container logistics and supply chain optimization, has successfully raised $1.5 million in its pre-series A funding round. Motion Ventures and July Ventures led the round, with notable participation from Venture Catalysts, Blue Ashva Capital, and Capital A. This recent funding follows MatchLog’s earlier success in 2022 when it secured […]
Ramoji Group Invests in FlexiCloud Internet for Strategic Expansion into Kerala.
FlexiCloud Internet, a leading provider of managed cloud hosting solutions, has secured strategic funding from Ushodaya Enterprises Private Limited, the holding corporation of the Ramoji Group. This investment marks a significant move by Ushodaya Enterprises to expand its presence in Kerala. According to a press release from the company, the funds will be used to […]
Karban Envirotech Secures Seed Funding from All In Capital, Titan Capital, and Rainmatter.
Karban Envirotech, a burgeoning startup specializing in energy-efficient electronic appliances, has raised Rs 8.93 crore ($1.07 million) in a seed funding round. The investment was spearheaded by Titan Capital, Rainmatter, and All In Capital, signalling confidence in Karban’s innovative approach to sustainable technology. Urban Company, JK Family Office, and prominent angel investors Kunal Shah, Anupam […]
FlashAid Secures $2.5M in Pre-Series A Round to Revolutionize Healthcare Insurance.
In a significant stride towards enhancing healthcare accessibility and affordability, healthcare and insurtech startup FlashAid has successfully raised $2.5 million in its pre-Series A funding round. The round was spearheaded by Piper Serica Angel Fund and backed by global venture capital firm SOSV, with early-stage investors Z21 Ventures Fund and ZNL Growth Fund also contributing. […]
Control One AI Raises $350K in Pre-Seed Round to Revolutionize Supply Chains with AI Robotics.
Control One AI, a pioneering AI-first robotics startup, has secured $350K in a pre-seed funding round from a consortium of investors spanning the United States and India. Notable backers include Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), as well as prominent supply chain executives from tech giants such as […]
Boba Bhai Brews Success: Raises Rs 12.5 Cr in Seed Round.
Boba Bhai, a rapidly growing quick-service restaurant (QSR) brand specializing in bubble tea and innovative food offerings, has secured Rs 12.5 crore in its seed funding round. Titan Capital and Global Growth Capital UK led the investment, with notable participation from high-profile investors, including Arjun Vaidya, Marsshot VC, DEVC, and others. The funds will primarily […]
Open-Source Project Management Platform, Plane, Raises $4M in Seed Funding and Unveils Innovative Pricing Plan.
Plane, an open-source project management platform, has secured $4 million in a Seed round of funding from OSS Capital, a venture capital firm specializing in early-stage investments in commercial open-source software. This investment marks a significant milestone for Plane and will be pivotal in fueling the company’s community growth and competitiveness in the enterprise segment. […]
Adukale Secures Rs 11 Cr in Pre-Series A Funding Led by Force Ventures.
Adukale, an omni-channel FMCG brand specializing in Karnataka’s culinary delights, has raised Rs 11 crore (approximately $1.32 million) in its pre-Series A funding round. The investment was led by Force Ventures, with participation from notable investors, including Aanya Ventures, Subrata Mitra, and Radhika Pandit. The funding round is intended to fuel Adukale’s expansion plans, including […]
Nabhdrishti Aerospace Innovates Clean Energy Solutions with Pre-Seed Funding Boost from IIMA Ventures.
Nabhdrishti Aerospace, a deep-tech startup, has secured Rs 3 crore in its pre-seed round, spearheaded by IIMA Ventures (formerly IIMA-CIIE). The funding marks a significant milestone for the company, which aims to revolutionize clean energy solutions in the aerospace sector. The company plans to allocate the raised capital towards developing a fuel flex combustor prototype, […]
