Page 18 - Startup

Builder.ai raises $100 mn in Series C round to scale up AI capabilities

Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all

LambdaTest closes $45 million in a venture round led by Premji Invest

Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year

Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad

Qure.ai's advanced technology reads and interprets medical images like X-rays, CTs, and ultrasounds in under a minute, making equitable, quality healthcare a reality across the globe

Spacetech startup Pixxel raises $25-mn funding led by Radical Venture

The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights

Blacksoil provides $4.5mn in debt funding to three startups

The three startups are Blu-Smart Mobility-an electric shared mobility platform, BigHaat-an agri inputs digital marketplace platform and LoanTap- a fintech offering personal loans

Kochi-based startup launches video solutions to CBSE maths problems

Showans.com, the web portal, has initiated the service explaining answers to multiple-choice questions in video format

CommerceIQ enters unicorn club with $115 mn fundraise in Series D round

Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year

I-T raids Infra.Market; detects undisclosed income of Rs 224 crore

The searches were launched on March 9 at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh

Logically raises $24 mn; Vitruvian Partners leads funding round

It has been estimated that fake news is costing the global economy around $78 billion every year and Logically is addressing that problem.

Media SaaS company Amagi enters unicorn club with $95-mn investment

Accel leads the financing round along with Norwest Venture Partners and Avataar Ventures

Aerospace startup unveils rover to carry astronauts to Moon, Mars

US-based aerospace startup Venturi Astrolab has unveiled a prototype of an interplanetary rover that is designed to transport cargo and people across the surface of Moon - and eventually, Mars one day

Iron Pillar Invests in automation firm Jiffy's $53 mn Series B Funding

Jiffy's Series B was led by Eight Roads with participation from existing investor, Nexus Venture Partners, among others

Esports gaming platform Gamerji raises $1.1 mn in pre-series A funding

Gamerji currently serves 2.3 mn gamers, has held over 29,000 tournaments; Since Dec 2020 seed round, it has increased user base by 3x and holds 200 tournaments a day for 15 titles

Delhi school students pitch ideas to investors at Business Blasters expo

At the end of the day, 200 Letters of Intent are signed

B2B sales intelligence firm Apollo.io raises $110 mn in Sequoia-led round

The platform helps over one million professionals across 160,000 companies automate their sales processes

Kid-focused pocket money fintech Junio raises $6 mn in pre-Series A round

UAE-based firm NB Ventures leads investment; The startup will use the capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives

Social Alpha, Villgro, Brigade REAP invest $375,000 seed in Strawcture Eco

The recipient is a sustainable construction start-up that develops biopanels from agriculture reside

Eat Better Ventures raises Rs 5.5cr seed led by Java Capital, Mumbai Angels

The company will be using the funds to ramp up its production capacity, build a robust team, launch new products, and augment its marketing and distribution

Live tutoring startup Filo raises $23 mn in series A led by Anthos Capital

Filo will use the funds mainly for product development as it goes deeper into modeling pedagogy at scale, expanding the team, tapping new categories, and scaling its tutor base across the country

Accel raises $650 mn fund to invest in Indian and SE Asian start-ups

It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others