indian software development startup Archives

Capital A invests in EV startup Oorja

August 10, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Early-stage focused fund Capital A has made a strategic investment in Oorja, which enables automotive companies to design better batteries, via its $10 million cleantech fund Evolve. The company will use the proceeds to predict battery performance by monitoring parameters like temperature, which is a critical problem and to design better batteries, said the company […]

Kennect raises seed round led by FortyTwo.VC

August 10, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Kennect, a software-as-a-Service sales acceleration startup, has raised $700k in its seed round led by Texas-based venture fund FortyTwo.VC. With this investment, Delaware and Mumbai-based Kennect plans to ramp up its engineering team and expand its commercial presence in the North American and European markets. Started in 2017 by Pulkit Agrawal and Pralok Chhajed, Kennect […]

Infurnia Technologies files DRHP to raise INR 38.2 crore through an IPO

August 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Infurnia Technologies, a cloud-based architectural design software business, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise INR 38.2 Cr through an initial public offering (IPO). The IPO will be fully made up of new shares, with no offer for sale (OFS) element. The shares […]

Bluecopa raises seed fund from Blume Ventures, T-Fund and others

August 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Bluecopa, a finance operations automation platform, has secured $2.3 million in seed round of funding from T-Hub’s funding initiative T-Fund and Blume Ventures. Other investors such as Titan Capital, T2D3, Amplify, Force Ventures, Krish Subramanian, Rajaraman Santhanam, Rohit Chennamaneni, Asad Khan and Jay Singh have also participated in this round. According to Bluecopa, the fresh […]

Emitrr raises $4 million to expand its automation offering for local businesses

August 3, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Large-scale and mid-sized enterprises and businesses are increasingly adopting — and offering — software-as-a-service platforms as they seek to increase their revenue and parlay their growth into greater efficiency. Now a young startup, Emitrr, is aiming to bring the benefits of this model to small and local businesses in the U.S. Emitrr claims to help […]

SaaS startup WebEngage raises $16 million in its ongoing Series B funding round

August 2, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

WebEngage has secured new financing in a Series-B round headed by SWC Global Fund totalling Rs 76.4 crore, or around $10 million. In June of this year, Singularity Ventures led the first tranche of Series-B funding for the Mumbai-based business, which garnered about $6 million. The round was led by SWC Global Fund, which invested […]

Fintech enabler Tartan raises $4.5 million in pre-Series A round

August 2, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Fintech enabler Tartan has secured $4.5 million in pre-Series A round led by 500 Global,InfoEdge Ventures, AngelList Quant Fund, WorldQuant Ventures, Varanium GenNext Fund, 9 Unicorns, Yatra Angel Network, Emphasis Ventures and Naveen Kukreja. According to Tartan, the fresh capital will be utilised to scale the company’s go-to-market operations, expand its in-house engineering team and […]

Roadcast raises $2 Mn from Jubilant Foodworks

August 1, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

End -to- end supply chain management solutions provider, Roadcast, has raised $2 million from Jubilant Foodworks. The fresh capital will be utilised to expand globally, hiring the relevant talent to build the right framework for expansion and growth and investment towards AI and analytics development to further the logistics vertical. The Delhi-based startup is an […]

SuperShare raises $6.5M from Lachy Groom, Accel India, and Lightspeed

July 26, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Content sharing app SuperSharehas raised $6.5 million in the first funding round from Lachy Groom, Accel India, and Lightspeed. The round also saw participation from content creator Tanmay Bhat, MythPat, and several others from influencer management agencies across India, according to a release shared by the company. The Bengaluru-based firm, which has so far been […]

Fintech startup Backspace Tech raises $450 K

July 25, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes / 0 comments

Fintech startup Backspace Tech has secured $450K from Mohan K, Jai Kumar, Omar Bin Brek, along with M2P founders and other angel Investors. The Chennai-based startup will use the fresh funds to strengthen its technology stack, and team expansion, said Backspace Tech in a press release. Founded by Praveen Krishna Dev, Vishwanath Vijayan and Karthik […]

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