OpenAI’s newest funding spherical has drawn curiosity from the three most respected tech firms, underscoring how important the substitute intelligence startup is to the broader business. Nvidia Corp., the world’s greatest chipmaker, has mentioned becoming a member of a funding spherical that will worth OpenAI at greater than $100 billion, individuals acquainted with the matter … Read more
Agri-processing platform Agrizy introduced Monday that it has raised $9.8 million (₹82 crores) in Sequence A funding. The spherical was co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and current investor Ankur Capital. India’s $400 billion agri-processing market, although rising 9 per cent yearly, faces a bottleneck as solely 10 … Read more
AI-native gross sales working system OrbitShift has introduced $7 million in seed funding led by Peak XV’s Surge and Stellaris Enterprise Companions. The proceeds will likely be used to increase the corporate’s presence and buyer base within the US. OrbitShift additionally plans to put money into its expertise and product groups to widen its product … Read more
A report 25 upcoming unicorns dropped out of the Hurun India Future Unicorn Index 2024, reflecting the fallout of the funding winter that led to corrections in valuations within the Indian startup ecosystem. Based on the Hurun India report launched on Thursday, solely three startups turned unicorns this 12 months (valuation of over $1 billion … Read more
Landeed, a property title search engine platform, has raised funds from Paradigm Shift VC. The Hyderabad-based startup raised $8.3 million in a funding spherical led by Y Combinator, Draper Associates and Bayhouse Capital in in January 2023. “The brand new capital will likely be utilised to extend Landeed’s product line and additional improve its workforce … Read more
candi photo voltaic on Monday introduced the profitable closure of its Collection C funding spherical, securing $38 million in fairness funding. The spherical was led by Norfund, Kyuden Worldwide and STOA. Since its inception in 2018, candi photo voltaic has been dedicated to revolutionising the power panorama throughout Asia and Africa. It has a complete … Read more
At the same time as funding prices for NBFCs are rising, sturdy credit score demand fuelled by strong financial development will assist the sector’s profitability. Additional, strong financial situations will assist NBFCs protect asset high quality regardless of elevated rates of interest rising the debt burdens of debtors, in line with Moody’s Scores. “NBFCs’ profitability will average considerably … Read more
Nanonets, an AI-based workflow automation platform, raised $29 million in a Sequence B funding spherical led by Accel. The funding spherical additionally noticed participation from present buyers Elevation Capital, YCombinator and others. This takes the entire funding raised until date to $40 million. During the last 2 years, Nanonets has seen development in its buyer … Read more
Bummer, an innerwear firm has raised ₹9.25 crores in a Pre-Collection A1 funding spherical. Additionally learn: Lux Industries anticipating good progress in mid-premium section The funding spearheaded by Gruhas Collective Shopper Fund marks one in all their first investments as a fund. Additional strengthening the strategic help, is the continued backing from Fluid Ventures, a … Read more
Attentive Inc, an AI-based SaaS start-up, has raised $7 million in Collection A funding spherical led by Vertex Ventures Southeast Asia and India. Current traders Peak XV Companions and InfoEdge Ventures additionally participated within the spherical. The corporate plans to deploy the funds in product growth and bolster its gross sales, advertising and marketing, and … Read more