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Algomage raises $850k in pre-seed funding

Artificial intelligence post-production startup Algomage has raised $850K in a pre-seed funding round led by The DotIn Network. The funds will be utilised to create new tools and expand its customer base to markets beyond India, Algomage said in a press release. Founded by Anand Rathi, Algomage is a full stack artificial intelligence (AI) post-production […]

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Nazara acquires US-based gaming company WildWorks

Gaming and sports media platform Nazara Technologies has acquired 100% stake in Delaware-based kids gaming firm WildWorks Inc. This would be one of the several acquisitions in the past year by the Mumbai-based company. Nazara Technologies entered into the agreement to acquire 100% share capital of Wildworks in an all cash deal from their existing […]

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TyrePlex raises pre Series A round

TyrePlex, B2B e-commerce player in the aftermarket tyre vertical, has raised Rs 12 crore in pre-Series A round co-led by 9Unicorns and AdvantEdge Founders. Notable angel investors: Kunal Bahl, Rohit Bansal, Venture Catalysts, Abhishek Goyal, Sandeep Aggarwal and Rajesh Sawhney also participated in this round. The fresh capital will be used to bring 20% of […]

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Construction management app Powerplay raises $7 million in funding led by Accel India

Powerplay, a construction management firm, has secured $7 million in a new fundraising round headed by Accel India and joined by other current investors. This would be the firm’s second investment round in the last 13 months. According to the company’s regulatory filings with the Registrar of Companies (RoC), the board of directors of Powerplay […]

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Bored Beverages raises over Rs 2.5 Cr in seed funding led by Inflection Point Ventures

Beverage brand Bored Beverages has raised over Rs 2.5 crore, or close to $314,500, in a seed funding round  headed by Inflection Point Ventures, with participation from Dot In Network, Bhawana Bhatnagar, founder of WeFounder Circle, and Soumya Kant, founder of Clovia. The creator of Simba Beer, Prabhtej Singh Bhatia, will participate in the development […]

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India’s largest free learning platform Studeasy has been launched for 50 million school students in 10 State Boards

ConnectEd Technologies, a Mumbai-based EdTech social company, has created Studeasy, India’s largest learning platform for regional-language State Boards. The platform, which is available as a free website and Android phone app, provides the most comprehensive collection of high-quality instructional movies and examinations for the country’s ten regional-language State Boards. Initially, movies on the Studeasy platform […]

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SaaS-led B2B Retail Commerce Platform Soptle raises angel funding led by Soonicorn LLP

Soptle, a retail commerce platform that focuses on software as a service (or SaaS), has raised an undisclosed angel funding round that was headed by Soonicorn LLP. A number of logistics investors, including Vaishnav Shetty (Executive Director and CDO of All-cargo Group), Pirojshaw Sarkari (CEO of Gati Ltd), and Saurabh Agarwal (Ex-Founder Fitso (Acquired by […]

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Meesho develops a logistics SaaS platform to expand its network

According to people familiar with the situation, e-commerce business Meesho is developing a logistics-focused enterprise software solution that can be utilized by small and medium-sized industrial participants. While the product is still being developed internally, Meesho’s reliance on significant third-party logistics firms such as Ecom Express, Xpressbees, and Delhivery will be reduced over time. Meesho […]

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ApniBus secures its pre-seed funding from Antler India

ApniBus, an intercity bus platform for Bharat, has raised pre-seed funding led by Antler India. Goodwater Capital and angels such as Neeraj Singh and Ashish Mohapatra also participated in the round. Sumit Gupta, Apni Bus co-founder, said, “The Tier 3 and Tier 4 intercity travel markets are enormous and ripe for disruption.” Coming from a […]

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