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Alchemyst AI raises $300K in pre-seed round led by IPV and others

EntrackrEntrackr · 9m ago
Alchemyst AI raises $300K in pre-seed round led by IPV and others
Medial

Gen-AI SaaS startup Alchemyst AI has raised $300K in its pre-seed round led by Inflection Point Ventures and 100Unicorns and Early Seed Ventures. The proceeds will be used to enhance GPU (graphics processing unit) and technology infrastructure, support team development, scale operations, and drive growth. Founded in 2023 by Uttaran Nayak and Anuran Roy, Alchemyst AI develops digital employees to create intelligent functional components for mid-sized to large enterprises. The startup is about to expand across major global markets, including India, the USA, MENA (Middle East), and South East Asia even as the global market for Generative AI is expected to grow substantially to $330 billion by 2030. According to market research, the current market size of Gen-AI is estimated at $3 billion in India and $37 billion globally. This upward trajectory underscores the immense potential and demand for innovative solutions within the Generative AI industry, positioning startups like Alchemyst AI for substantial opportunities in the coming years.

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Mobility startup Pumpumpum raises Rs 2 Cr led by IPV

EntrackrEntrackr · 1y ago
Mobility startup Pumpumpum raises Rs 2 Cr led by IPV
Medial

Fintech mobility startup Pumpumpum has raised Rs 2 crore in a new round led by Inflection Point Ventures (IPV). Previously, the startup had raised $2 million in equity from LC Nueva Investment Partners, Founders Room Capital, LetsVenture and others in June 2022. The proceeds will be used for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development. Founded in 2018 by Tarun lawadia and Sameer Kalra, PumPumPum works in B2B2C & B2C pre-owned car leasing model. It offers a subscription-based platform that prioritizes consumer convenience, flexibility, and affordability. Through the integration of technology and data analytics, the firm delivers an easy and personalized experience for accessibility and convenience. Earlier this month, IPV invested in edtech startup MyCaptain in its Rs 14 crore (approximately $1.7 million) new round. Its recent investments include BonV Aero, AllTrak, Onedioss, among others.

60-minute clothes delivery app Slikk raises $300K

EntrackrEntrackr · 10m ago
60-minute clothes delivery app Slikk raises $300K
Medial

GenZ-focused 60-minute clothes delivery app Slikk has raised $300K in its pre-seed round led by Better Capital, with participation from Untitledxyz Ventures. The proceeds will be used to scale to over 100 brands, set up a large-format dark store, and expand delivery coverage to 70% of Bangalore’s pincodes, the company said in a press release. The startup also plans on expanding to other metropolitan cities in India, and broadening its offerings to include beauty, personal care, and home decor. Led by Akshay Gulati, Slikk delivers fresh styles daily, allowing users to explore the latest trends frequently. In order to stay up with the rapidly changing fashion industry, Slikk delivers the newest trends directly to its customers’ doorsteps, with new styles arriving weekly. Initially launching in Bengaluru, the platform will soon extend to other cities. According to market research, the Indian apparel market is expected to reach $105.50 billion by 2024, with the fast fashion segment growing from $9.90 billion in 2023 to $28.84 billion by 2030.

Pehle Jaisa raises $300K in pre-Series A round

EntrackrEntrackr · 1m ago
Pehle Jaisa raises $300K in pre-Series A round
Medial

Snippets Pehle Jaisa raises $300K in pre-Series A round Pehle Jaisa, a startup transforming waste into opportunity, has raised $300K in a pre-Series A funding round co-led by Pantnagar Capital and Climate Angels. The Gurugram-based company had previously raised $169K in a seed funding round. The proceeds will be utilized to scale its decentralized rural waste management model across Indian villages, Pehle Jaisa said in a press release. Co-founded in 2022 by Pankaj Pandey and Ehtesham Farooqui, Pehle Jaisa specializes in providing organic fertilizers to the agriculture industry, focusing on decentralizing organic fertilizer production by integrating with waste centers. The company aims to produce high-quality, competitive-priced organic fertilizers by eliminating the "first mile" cost in manufacturing. Pehle Jaisa states that it envisions a future where every village in India is self-reliant — generating its own gas, electricity, and fertilizers. By enabling local production, it aspires to create a truly circular rural economy that drives sustainability, resilience, and long-term prosperity at the grassroots level. Starting with soil conditioners and bio-stimulants, the company has a strong pipeline of customized organic-based fertilizers, tailored to crop type and regional soil requirements. In just eight months of launch, Pehle Jaisa claims to have sold over 500 MT of fertilizer in FY24, reflecting the growing demand for sustainable solutions. In FY25, the company scaled further, generating over Rs 2.5 crore in revenue by selling more than 1,500 MT of value-added fertilizers. The startup intends to surpass Rs 100 crore in revenue in the coming years.

Parkobot raises Rs 2.09 Cr in seed round led by IPV

EntrackrEntrackr · 1d ago
Parkobot raises Rs 2.09 Cr in seed round led by IPV
Medial

Snippets Parkobot raises Rs 2.09 Cr in seed round led by IPV IoT-based parking startup Parkobot has raised Rs 2.09 crore (around $243K) in a seed round led by Inflection Point Ventures (IPV), with participation from high-net-worth individuals. The funding will be used to expand infrastructure, enter new markets, enhance backend operations, and diversify its product portfolio. Founded by Amrit Choudhury, Raj Kumar Bihani, and Animesh Mukherjee, Parkobot is currently in stealth mode as it lays the groundwork for scale. It offers a tech-enabled solution that allows users to monetize their private parking spaces through an IoT-powered smart parking space barrier integrated with the Parkobot mobile app. It operates as a real-time, on-demand platform by enabling hourly rentals of unused spots. The platform currently manages over 20,000 bookings each month and is built on a proprietary tech stack that includes scalable IoT devices and an in-house Parking Management System (PMS). It supports automated, pre-booked parking experiences with minimal manual intervention. The startup has already deployed its smart barriers at key high-traffic locations and aims to reduce urban congestion by optimizing underutilized parking spaces.

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