Former BharatPe CPO Ankur Jain Ventures into AI Healthcare with Jivi.ai.
Sources familiar with the matter have informed that Ankur Jain, former Chief Product Officer at BharatPe, is gearing up to launch his latest venture, Jivi.ai, which will focus on AI-driven healthcare solutions. According to insiders, Jivi.ai will make its public debut later this month. The startup’s founding team comprises professionals and research scholars from prestigious […]
Ecozen Secures $30 Million to Expand Climate-Focused Deeptech Solutions.
Ecozen, a Pune-based climate-focused deep-tech startup, has raised $30 million in debt and equity financing. Nuveen Global Fund and other existing equity investors participated in the funding round. Additionally, Ecozen secured new debt support from the InCred Credit Fund and the International Development Finance Corporation (IDFC). This recent infusion of capital follows Ecozen’s previous funding […]
Agilitas Sports Secures Exclusive Lotto License for Indian and Other Key Markets.
Agilitas Sports, a leading sportswear and athleisure solutions platform, has made a significant move in the industry by acquiring the brand license for the renowned Italian sports brand Lotto from its owner, WHP Global. Under this long-term agreement, Agilitas Sports gains exclusive rights to design, manufacture, promote, and distribute the Lotto brand in India, Australia, […]
Good Flippin’ Burgers Secures $3.6 Million Investment from Tanglin Venture Partners.
Good Flippin’ Burgers, a popular quick-service burger chain, has raised Rs 30 crore (approximately $3.6 million) in an extended Series A round. The investment comes from Tanglin Venture Partners, the company’s existing backer. According to regulatory filings accessed from the RoC (Registrar of Companies), the board of Good Flippin’ Burgers passed a special resolution to […]
Altum Credo Secures $40M in Series C Funding, Provides Partial Exit to Early Investors.
Altum Credo, a Pune-based housing finance company, has successfully raised $40 million in its Series C funding round. This latest financing was led by Z3Partners and Oikocredit, with participation from British International Investment and existing investors Aavishkaar Capital, Amicus Capital, and PS Pai and family. Of the total amount raised, $27 million came in the […]
Ex Unacademy COO Vivek Sinha Secures $11 Million for Beyond Odds Technologies.
Former Unacademy Chief Operating Officer (COO) Vivek Sinha has embarked on a new journey with his startup, Beyond Odds Technologies, garnering an initial investment of $11 million. Matrix Partners India and Lightspeed spearheaded the seed funding round. InnoVen Capital, a Temasek subsidiary, and Alteria Capital, along with a lineup of notable angel investors, joined the […]
Dailyhunt’s VerSe Acquisition: Pioneering India’s Premium Content Landscape.
In a groundbreaking move, VerSe Innovation, the parent company of Dailyhunt, has announced its acquisition of Magzter, a renowned digital newsstand boasting a library of over 8,500 premium magazines and newspapers. This strategic acquisition propels Dailyhunt into the realm of premium content and signifies a significant milestone in VerSe Innovation’s quest to become India’s foremost […]
RING Secures Rs 100 Cr Debt Injection from Trifecta Capital for Consumer Lending Expansion.
Consumer lending app RING has recently announced a significant milestone in its financial journey, raising a substantial Rs 100 crore in venture debt from Trifecta Capital. This injection of capital marks RING’s inaugural fundraiser for the year 2024 and underscores the company’s commitment to expanding its footprint in the consumer lending space. According to a […]
Wow! Momo Secures $9 Million in Series D Extension, Sets Sights on Rapid Expansion.
Wow! Momo, the popular quick-service restaurant chain, has raised an additional $9 million in its Series D round, bringing its total Series D funding to $51 million. The investment comes from Z3 Partners, bolstering Wow! Momo’s position for accelerated growth and expansion. The recent funding round, including primary and secondary investments, underscores investor confidence in […]
Sapience Automata raises INR 1.75 CR in Seed Round led by Inflection Point Ventures
Sapience Automata, aims to revolutionize road safety in India through plug-and-play driver assistance technology, leveraging advanced AI and autonomous driving tech The funds will be used to boost sales, forge partnerships, advance ADAS technology, and secure international patents Inflection Point Ventures (IPV) has so far invested over INR 700 Cr across 250+ deals 18th April 2024, […]
