Atlys Poised for Growth with Peak XV Leading New $18 Million Funding Round

Online visa application platform Atlys is in talks with potential investors to help in raising a new funding round of $15-18 million. The Series B comes within a year of their Series A fundraising effort. Sources have revealed that the firm has already begun talks with its current investors including Peak XV. However, the discussions […]

Helps Enterprises to Adopt Blockchain-as-a-Service – Qila

Can you explain how Qila’s Blockchain-as-a-Service offering helps enterprises adopt blockchain technology with managed network infrastructure? Qila has made it simple for any enterprise wanting to adopt Web3 solutions such as smart contracts and tokenization, offering simple low-code/no-code APIs for integration and pre-defined workflows. Enterprises looking to incorporate blockchain into their technology stack usually face […]

ACT Fibernet Invests in Aprecomm to Enhance Wi-Fi Technology and Connectivity

Fiber broadband internet service provider ACT Fibernet has announced a strategic investment in network intelligence solutions startup Aprecomm. It is learned the move may enhance the ability of the company to deliver top-notch Wi-Fi experiences to its customers. Incorporating the technology of Aprecomm means significant improvement in network capabilities and simultaneously to ensure a smoother […]

Fintech Startup iBind Systems Collaborates with Google Cloud to Redefine Corporate Banking

Fintech startup iBind Systems has something better to offer. It has partnered with Google Cloud to revolutionize the corporate banking segment. The primary focus is to improve the way banks and financial institutions handle their corporate customers in today’s system. iBind is known for its advanced software and Google Cloud has a powerful infrastructure as […]

Majority of Startup Employees Eyeing Established Firms: CIEL HR Report

Getting employed is easy, but getting employed in an established company should be counted. A study by CIEL HR Services reveals a good number of employees in startups are looking to move to established firms. To be very specific, about 67% of such employees prefer to shift to such companies where they can enjoy stability […]

Zoho CEO Sridhar Vembu Invests in Yali Aerospace, Expanding Drone Tech in Tamil Nadu

Zoho Corporation CEO Sridhar Vembu has announced investment in Tamil Nadu-based drone startup Yali Aerospace. The funding is led by the husband-and-wife team of Dinesh Baluraj and Anugraha. The primary focus is to create user-friendly drones in India that can be used for civil as well as military purposes. Vembu shared the news on social […]

Shark Tank India Startup Sees 10x Revenue Increase, Sparks Judges’ Dispute

Shark Tank India’s recent episode was exiting and beyond expectation with amazed judges, who were caught in a fierce bidding war over sanitary pad disposal startup Padcare. Founder Ajinkya Dhariya led his company to a dramatic increase and the revenue was up by ten times in a period of just 15 months. The annual revenue […]

Hyderabad’s Hyperleap AI Unveils Generative AI Platform After $225K Pre-Seed Round

Hyderabad-based startup Hyperleap AI has come up with an advanced Generative AI platform that is specifically designed for businesses. Prior to the release, it successfully secured a capital of $225,000 in pre-seed funding round. The new investment was secured from several angel investors including Anil Kommineni, who is a Senior Vice President at Zenoti. The […]

AbleCredit, an AI credit company, raises seed funding led by Merak Ventures

Merak Ventures, a sector-agnostic early-stage venture capital (VC) firm, has announced its fourth significant investment this year, participating in a $1.25Mn (~INR 10 CR) round in AbleCredit, an AI credit underwriting company. The seed round was led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings (Suraj Nalin). There is a credit gap […]

Insurtech Startup CoverSure Secures $4 Million in Pre-Series A Funding Round

The insurance sector is undergoing major transformation with the ever-evolving technology. A new term has been coined to merge the two. It is called insurtech. CoverSure is one of the newest players in the new sector and has lately raised $4 million in a pre-series A funding round that was led by Enam Holdings. The […]