Funding and Vision: Traqo.io, a no-code logistics management platform, secured pre-seed funding led by We Founder Circle (WFC) to streamline logistics operations for manufacturers with an integrated and scalable solution. SaaS Model: The platform offers an all-encompassing Software-as-a-Service (SaaS) model that manages the entire freight lifecycle, reducing inefficiencies by eliminating manual processes and improving productivity. […]
Category: News
Ashish Kacholia, Asian Paints Promoter Group invests Rs 55 crore in consumer foods brand Yu
Investment Details: Renowned public market investor Ashish Kacholia and Asian Paints promoters invested Rs 55 crore in Yu, an omni-channel consumer brand specializing in instant food and beverages made from 100% natural ingredients. Series B Funding Impact: The funding round provided exits to seed-stage investors who realized over 4x returns, and comes at a critical […]
Abhi Secures $15 Million in Debt Financing to Expand Financial Inclusion
Abhi, a UAE-based fintech company, secured $15 million in debt financing co-led by Shorooq Partners and Amplify Growth Partnership to enhance its earned wage access (EWA) services for both blue- and white-collar workers. The funding will enable Abhi to expand its operations and reach more individuals in the MENAP region, where it has already facilitated […]
Women-focused fashion tech startup Anny raises funding led by FAAD Capital, others
Funding and Leadership: Anny, a women-focused fashion tech startup founded in 2023, has secured seed funding led by Faad Capital, with contributions from high-net-worth individuals and angel investors. Technology and Product Offering: The startup leverages AI to adapt to real-time fashion trends and has created a proprietary size chart tailored for diverse body types among […]
Edtech unicorn Eruditus raises $150 million in funding to invest in AI technology
Funding Achievement: Edtech company Eruditus has successfully raised $150 million in a Series F funding round led by TPG’s The Rise Fund, with participation from notable existing investors such as SoftBank Vision Fund 2 and the Chan Zuckerberg Initiative. Future Plans: The capital will be utilized to enhance AI technology for improved learner experiences, expand […]
JARAS Hospitality Secures $666,000 in Pre-Seed Funding
Funding Achievement: JARAS Hospitality secured $666,000 in pre-Seed funding from undisclosed angel investors to enhance its hotel management and guest experience offerings. Innovative Solutions: The company provides an integrated system for managing bookings, monitoring unit availability, and optimizing pricing for hotels across various online booking platforms. Growth Plans: The funding will be utilized to refine […]
Fintech unicorn Slice raises $8.6 million from founder & CEO Rajan Bajaj
Recent Funding: Bengaluru-based fintech unicorn Slice has raised Rs 71.7 crore (approximately $8.6 million) from its founder and CEO, Rajan Bajaj, through a special issuance of partly paid-up shares focusing on corporate expansion. Previous Investment Activity: In addition to the latest funding round, Slice is reportedly raising an additional Rs 300 crore (approx. $36 million) […]
Feb.ai, which empowers entrepreneurs and the CA community, raises $2 million
Funding and Investors: Feb.ai, an AI startup focused on automating accounting and tax compliance, has raised $2 million in a pre-Series A funding round led by Lumis Partners and several notable investors, including ex-JP Morgan Managing Director Virender Rana and Lenskart Co-founder Amit Chaudhary. Core Business: Founded in 2022, Feb.ai aims to eliminate manual data […]
WROGN raises $9 million from Aditya Birla Digital Fashion
Men’s apparel brand WROGN has secured an additional Rs 75 crore in funding from Aditya Birla Digital Fashion Ventures Ltd, increasing its ownership stake from 17.10% to 32.84%. The funding is part of a milestone-based investment strategy, with completion expected within 30 to 90 days. WROGN, founded in 2014, targets young men and has leveraged […]
Tetr College of Business launches $10 million fund for student entrepreneurs
Launch of Tetr – Under 20 Fund: Tetr College of Business has initiated a $10 million fund aimed at supporting entrepreneurs under 20, providing investments and resources to help transform innovative ideas into successful businesses. Focus and Support Areas: The fund is sector-agnostic and aims to invest in at least 20 ventures, particularly in artificial […]