Ashok Hariharan

#Funding Roundup 🚀 InMobi has secured $100 Mn in debt financing from Mars Growth Capital, a joint venture between MUFG and LIQUiDITY Group. Founded by Naveen Tewari, Mohit Saxena, Amit Gupta, and Abhay Singhal, the company focuses on elevating #digital experiences. Nestasia has raised $8.35 Mn in funding from Susquehanna Asia Venture Capital, Stellaris Venture Partners, and angel investors. Co-founded by Aditi Murarka and Anurag Agrawal, the company offers curated home and #lifestyle products. Track3D (formerly ConstructN) has raised $4.3 Mn in a seed round led by Endiya Partners with participation from Shadow Ventures and Monta Vista Capital. Co-founded by Chaitanya N K, Kiran Gutta, and Vineeth Kumar, the startup centralizes visual data from drones, 360 cameras, laser scanners, and mobile devices, transforming it into actionable insights through advanced #AI. AppsForBharat, has raised $18 Mn in Series B funding led by The Fundamentum Partnership and supported by Susquehanna Asia Venture Capital, Elevation Capital, Peak XV Partners, and Mirae Asset Venture Investments (India). The platform, founded by Prashant Sachan and Pulkit Pujara, offers a variety of spiritual products and services, rooted in traditional rituals and festivals such as #Diwali and Navratri. Clean Electric has raised $6 Mn in a funding round led by Info Edge Ventures, pi Ventures, and Kalaari Capital. Founded by Akash Gupta and Abhinav Roy, Clean Electric specializes in manufacturing batteries for electric two-wheelers and three-wheelers. Glean has secured $260 Mn in a Series E funding round led by Altimeter and DST Global, with participation from Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Co-founded by Arvind Jain and other former Google engineers, the company uses conversational AI assistants and large language models like #OpenAI's #GPT to generate personalized answers to queries based on a company's internal data. #FundingStory #StartupSuccess #TechInnovation #VentureCapital #DigitalTransformation #AnzyGlobal #HR #Hiring #TechHiring #ITRecruitment

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Fintech startup Dexif, led by former Blinkit senior executive Deepank Bhandari, secures $4M seed funding from RTP Global. Funds to bolster tech stack, expand operations, and enhance talent pool. Platform enables trading in fixed-income securities and capital raising for companies. Revenue generated via fees from companies and investors. Pending regulatory licenses to operate in bond trading market. Vision to democratize fixed-income market, aiming for further innovation and scalability. Co-founder Bhandari: "Fundraise fuels our mission to unlock India's fixed-income market potential." Gross transaction volume: Nearly INR 300 Cr per month. Exciting times ahead for Dexif amidst the booming fixed-income securities market in India! #Dexif #Fintech #SeedFunding #Innovation #FixedIncome #MarketPotential https://lnkd.in/gGajtBjc

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Insurance infrastructure API platform Zopper has secured $25 million in a Series D funding round led by Elevation Capital, Dharana Capital, and Blume Ventures. The fresh proceeds have come for the Noida-based company after a gap of over two years. In September 2022, Zopper raised $75 million in a Series C round led by Creaegis, with participation from ICICI Venture, Bessemer Venture Partners, Tiger Global, and Blume Ventures. The new funds will be utilized to enhance Zopper's digital infrastructure, focusing on strengthening its insurance distribution platform, the company said in a press release. The investment will also support the growth of its bancassurance solutions and improve post-sales and service operations for its device and appliance protection segments. The 13-year-old Zopper helps companies offer various insurance products and provides end-to-end technology and service offerings to insurers. It claims to have partnered with 40 insurance companies and more than 2,500 ecosystem players. Follow Equity 360 for more such updates. [email protected] for any query on investment banking

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New Delhi-based venture capital firm growX ventures, focused on B2B and DeepTech, has launched Fund II with a target of ₹400 crore ($47.1 million). The firm plans to support both early-stage and early-growth-stage companies such as semiconductors, defence-tech, spacetech, alternate materials and advanced manufacturing, fintech, healthtech, and supply chain/logistics over the next two to three years. The first investment will be up to ₹10 crore in seed rounds and ₹20-30 crore in Series B rounds. Ashish Taneja To share your startup information write us on - [email protected] For Startup funding reach out us at: https://lnkd.in/gqwTnHME Join Our Whatsapp Channel To Get The Latest Updates & News: https://lnkd.in/esJEFzan #GrowXventure #news #startup #funding #fundraising #venturecapital

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Watch our MD Ankur Bansal share his views on AI’s impact on the financial sector with Kanishka Gupta at the #bsbfsi summit.

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🔆💡How do you communicate a complex initiative in an engaging way at scale? Jharkhand Government leverages Flam’s MR tech to deliver engaging content that simplifies complex messaging; in an immersive way on Mainstream media. #Flam #JharkhandGovernment #MixedReality

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Fintech firm Pine Labs-owned Setu recently unveiled India's first large language model (LLM), specifically designed for the BFSI sector. The company has named this LLM 'Sesame', which was developed in collaboration with Bengaluru-based generative AI (GenAI) startup Sarvam AI. Read the full story here: 👇 https://lnkd.in/drPhF3KU #ai #startup #bfsi #finance #artificialintelligence #technology #indianstartupnews

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Digital payments are not the future—they are the present. 💸 Hear from Vijay Shekhar Sharma of Paytm on how India is embracing innovation faster than ever before! Rathnakar Samavedam #digitalindia #fintechrevolution #Paytm #innovation

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Crew Capital's #TipOfTheWeek 💡on the power of long-term goals in building a startup with Durga P Pandey, Co-founder and CEO of Subskribe "Founders need to focus on the bigger picture to thrive in the tumultuous startup landscape. There’s the day-to-day motivation, and then there’s the long-term. Financial outcomes by themselves are not motivating enough over a long period of time. You have to really like the problem space and you have to enjoy building a startup." 📍Read more at: https://lnkd.in/dcwVgXm4 #advice #founder #success #startup #growth #mindset #motiavion #entrepreneur #strategy #venturecapital #entrepreneurship #startuplife #ceo #tech #scaling

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Fintech startup Snapmint raises $18 Mn in debt and equity ◾Snapmint is a BNPL platform that offers access to credit by allowing shoppers to buy mobiles, electronics, and many other items. https://lnkd.in/gUxmVS6W

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T-Hub congratulates Enmovil on securing pre-Series A funding, led by Caret Capital, Ev2 Ventures, JRG Holdings, and Anicut Capital LLP as Co-Investors. Founded by Ravi Bulusu, Nanda Kishore, and Venkat Moganty, Enmovil is an integrated Enterprise SaaS platform that optimizes multi-modal logistics and supply chain inefficiencies. Enmovil’s customer base includes industry giants such as Nestle, Bajaj Auto, Steamhouse, Nipro Medical, Grasim, Eicher, Maruti Suzuki, Vedanta, Hero, Hindware, Daimler, and Ashok Leyland. This has contributed to noticeable growth in India’s supply chain industry, with its value rising from $225 billion in 2020 to a projected $637 billion by 2025. T-Hub wishes Enmovil continued success as they revolutionize the logistics industry! #InnovationEcosystem #InnovatewithTHub #StartupSuccess #SaaS

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RBI's account aggregator pilot: A game-changer for lenders!🏦 This move will revolutionize the way lenders access and utilize customer financial data, leading to more efficient and inclusive lending. As a tech solution provider, we're committed to enabling financial institutions to leverage the power of the AA ecosystem.🚀 Would like to know how to capitalize on this opportunity? Let's connect!🤝 #RBI #AccountAggregators #Lending #Fintech #TechSolutions

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Mark your calendars for "The State of FinTech in India - 2024!" in Bangalore on July 10th, hosted by B Capital and Eximius Ventures, in collaboration with The Product Folks. ️ The Indian FinTech space is booming! This event dives deep into the latest trends and disruptions shaping the industry. Don't miss this chance to: ▶ Gain valuable insights into the future of FinTech in India. ▶ Network with key players shaping the industry. ▶ Discover new opportunities and potential collaborations. Spread the word!

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BigBasket-acquired Morning Cart’s cofounder Anuj Bishnoi’s new B2B SaaS venture, RePut.ai, has raised $1 Mn in Pre-seed funding led by GrowthCap Ventures, with participation from angel investors like BigBasket’s Vipul Parekh and TableSprint’s Abhijeet Kumar. Founded in April 2024, the Bengaluru-based startup leverages AI and blockchain to offer supply chain solutions, including real-time analytics and supplier monitoring, and plans to use the funds to enhance its tech stack, hire talent, and expand globally. Reput.ai #B2BSaaS #StartupFunding #RePutAI #Innovation

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💰 Surat-based IVY Growth Associates launches a ₹250 Cr VC fund, Arigato Capital aimed at investing in pre-Series A startups. 🤖 The fund, led by Prateek Toshniwal and team, targets sectors like agritech, cleantech, and generative AI, with an average investment size of $500,000. 🌍 Special focus on building global connections in the Middle East, US, and Europe. First close at ₹100 Cr expected by mid-2025. 🔗 Read more on the link in our comments section 👇

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