Category: News

AI-first travel agent 30 Sundays raises $770,000 in a pre-Seed funding round

AI-first travel agent 30 Sundays raises $770,000 in a pre-Seed funding round

Funding Round: 30 Sundays, an AI-driven travel agency, secured $770,000 in a pre-seed funding round led by InfoEdge Ventures, with participation from other investors including First Cheque, Eximius, and Misfits Capital. AI Integration: Founded in 2022, the startup uses generative AI to automate mundane tasks such as information gathering and itinerary management, enabling its human […]

NorthLadder Raised $10 Million Series B Funding

NorthLadder Raised $10 Million Series B Funding

Funding and Growth: NorthLadder, a UAE-based trade-in platform for pre-owned electronics, has successfully raised $10 million in Series B funding led by stc Group’s tali ventures, with participation from Dutch Founders Fund and Crescent Ventures. European Expansion: The company has launched operations in Amsterdam and plans to expand its trade-in services in collaboration with key […]

Fintech firm MODIFI raises $15 million led by SMBC Asia Rising Fund, others

Fintech firm MODIFI raises $15 million led by SMBC Asia Rising Fund, others

MODIFI, a B2B Buy Now, Pay Later (BNPL) platform, has successfully raised $15 million in a funding round led by SMBC Asia Rising Fund, with participation from notable investors like Maersk and IntesaSanPaolo. A Memorandum of Understanding (MoU) was signed between MODIFI and SMBC to develop digital solutions that support small and medium-sized enterprises (SMEs) […]

Agentic AI platform Pulse raises $1.4 million in a seed round led by Endiya Partners

Agentic AI platform Pulse raises $1.4 million in a seed round led by Endiya Partners

Funding Round: Pulse, an AI platform focused on SaaS solutions, raised $1.4 million in a seed funding round led by Endiya Partners with contributions from prominent angel investors, including founders from Zluri and Yellow.ai. Objectives of Funding: The funding will enhance Pulse’s core team and support the development of its agentic AI capabilities and large […]

Spacetech startup GalaxEye closes $10 million Series A funding round

Spacetech startup GalaxEye closes $10 million Series A funding round

Funding Announcement: GalaxEye, a spacetech startup focused on satellite-based Earth observation, successfully closed its Series A funding round, raising $10 million, led by MountTech Growth Fund – Kavachh. Investment Participants: The funding round attracted additional investments from notable venture capital firms, including Mela Ventures, Speciale Invest, ideaForge, Samarthya Investment Advisors, and Infosys. Innovative Satellite Development: […]

KL Rahul-backed Boldfit raises Rs 110 crore in funding from Bessemer Venture Partners

KL Rahul-backed Boldfit raises Rs 110 crore in funding from Bessemer Venture Partners

Funding Achievement: Boldfit has successfully raised Rs 110 crore (approx. $13 million) in a funding round led by Bessemer Venture Partners, marking the startup’s largest institutional financing. Strategic Partnerships: The company has onboarded Indian cricketer KL Rahul as a strategic investor and brand ambassador, enhancing its market presence. Product Diversification: Founded in 2018, Boldfit offers […]

Astrology startup AstroTalk’s profit jumps 1000% to Rs 100 crore in FY24

Astrology startup AstroTalk’s profit jumps 1000% to Rs 100 crore in FY24

Record Profit Growth: AstroTalk reported a staggering 1,080% increase in profits, reaching Rs 99.99 crore for the fiscal year ending March 2024, reflecting a massive 1,000% surge compared to the previous year. Revenue Surge: The startup’s revenue from operations more than doubled to Rs 651.12 crore, fueled by a 100% increase in both domestic (Rs […]

Backpacker hostel chain The Hosteller raises Rs 48 crore in funding for nationwide expansion

Backpacker hostel chain The Hosteller raises Rs 48 crore in funding for nationwide expansion

Funding Achievement: The Hosteller, a backpacker hostel chain, completed its Series A funding round, securing Rs 48 crore, led by V3 Ventures and supported by various investors, including individual backers from prominent companies. Expansion Plans: The capital raised will be utilized for nationwide expansion, enhancing their presence in existing cities like Rishikesh, Manali, and Bangalore, […]

Enlog specialising in AI-powered energy management raises Rs 1.75 crore in equity funding

Enlog specialising in AI-powered energy management raises Rs 1.75 crore in equity funding

Funding and Expansion: Enlog, a Delhi-based startup focused on AI-powered energy management and IoT solutions, has raised Rs 1.75 crore in funding from the angel investor group Vinners to expand operations and accelerate growth in India’s energy sector. Sustainability Mission: Founded in 2019, Enlog uses IoT and AI technologies to optimize electricity consumption, aiming to […]

Sushain Wellness and Wholeness raises Rs 2 crore seed funding; Know about the startup

Sushain Wellness and Wholeness raises Rs 2 crore seed funding; Know about the startup

Funding Overview: Sushain Wellness and Wholeness, a healthtech startup, has successfully raised Rs 2 crore in a seed funding round led by Mumbai-based Prajay Advisors LLP, with transaction facilitation from N.A. Shah Advisors LLP. Service Offering: The startup provides a comprehensive healthtech platform that integrates traditional healing methods with modern technology, featuring over 1,000 verified […]