Incuspaze’s First Funding Round Nets $8M for Co-Working Expansion
The co-working industry is getting a boost gradually. One notable one is Incuspaze. It has lately successfully raised $8 million in its maiden funding round led by the India Inflection Opportunity Fund (IIOF) and a couple of more financial institutions. It is an important moment for the workspace solution provider. It has set the stage […]
Bengaluru’s Stable Money Closes $15M Funding Round, Defying Funding Winter
The current startup funding graph is turning southward and amid such a scenario a Bengaluru-based wealthtech startup Stable Money has successfully secured a $15 million funding round. The fresh investment is noteworthy as it has challenged the so-called “funding winter” climate that has witnessed many startups struggling to secure investments. Stable Money has rapidly emerged […]
How IndiaAI Mission Aims to Achieve AI Goals Without Widening Digital Divide
IndiaAI Mission is an ambitious mission of India. It aims to position the country as one of the leaders in the global AI landscape. The success is of course based on technological advancements, but it is also based on ensuring the digital divide does not widen as AI capabilities expands. AI development is not just […]
SAP Report Highlights AI Investments by 77% of Indian Startups, Focus on Profitability
Indian startups and Indian startup ecosystem are growing at a rapid pace. The landscape is going through a transformative era. It is learned that 77% of the startups are now investing in Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and blockchain. The shift was lately highlighted in a recent SAP India report […]
Srinagar Hosts Launch of ‘Hausla 2.0’ and JK Startup Portal by LG Manoj Sinha
Srinagar seems to be a promising hub for startups. It is evident from the steps being taken by the state government. Lately, entrepreneurs and investors witnessed the launch of ‘Hausla 2.0’ and the JK Startup Portal by Lieutenant Governor Manoj Sinha. It is built on the success of Hausla 1.0 program. Lieutenant Governor Sinha congratulated […]
Aereo, India’s Top Drone Solutions Provider, Raises $15M in Series B
Drone-based business intelligence provider Aereo has successfully secured funding of USD 15 million in Series B round led by 360 ONE Asset. The other notable investors were StartupXseed Ventures and Navam Capital. Aereo is known for its cutting-edge drone technology and offers business intelligence solutions for managing large capital assets. Its drones are equipped with […]
Bitscale’s Initial Funding Round Backed by First Cheque and Industry Leaders
SaaS startup Bitscale is through with its first major funding round led by India Quotient’s First Cheque. The other investors were from notable industry figures and venture capitalists. The round reflects strong confidence in the vision and potential of the company. The funding round witnessed contributors from Point One Capital, Kunal Shah of CRED, Ankit […]
MyPickup raises INR 1.5 Crore in Seed Round led by Inflection Point Ventures
MyPickup, urban transit services provider and an IPV Ideaschool startup has raised INR 1.5 Crore in Seed Round led by Inflection Point Ventures. This investment comes as part of IPV’s initiative to support early-stage ideas with high potential for innovation and impact. Through IPV Ideaschool, startups receive funding, mentorship, and resources to transform their ideas […]
PHDCCI and ADIF Collaborate to Empower Indian Startups
The Alliance of Digital India Foundation (ADIF) has partnered with the PHD Chamber of Commerce & Industry (PHDCCI) to empower Indian startups. The two companies have been collaborated under a two-year memorandum of understanding (MoU) signing. Both are jointly aiming towards creating an environment that nurtures independent thinking and outstanding ideas. The MoU was signed […]
Blume Ventures and MIXI Global Lead $1.5M Investment in Multipl
Fintech sector is evolving at a faster pace and securing funding is often the first step towards significant innovation. Bengaluru-based Multipl startup lately secured $1.5 million (Rs 12 crore) funding led by Blume Ventures and MIXI Global Investments, Inc. The company previously secured $3 million in May 2022 and it was backed by Blume Ventures, […]