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Edgistify raises $1.4 Mn from NB Ventures and Rajesh Ranavat

EntrackrEntrackr · 4h ago
Edgistify raises $1.4 Mn from NB Ventures and Rajesh Ranavat
Medial

Edgistify raises $1.4 Mn from NB Ventures and Rajesh Ranavat Warehousing and fulfilment partner Edgistify has raised $1.4 million in a pre-Series A funding round co-led by NB Ventures and Rajesh Ranavat, with participation from PhysicsWallah co-founder Prateek Maheshwari, Vivek Gaur, Vikram Tandon, and other angel investors. The Mumbai-based company had previously raised $1.63 million in a seed funding round from Sterling Auxiliaries and others. The proceeds will be channelled towards onboarding more high-growth brands, advancing AI-led orchestration through EdgeOS, and expanding fulfilment depth across Tier-2 and Tier-3 markets, Edgistify said in a press release. Co-founded in 2017 by Umang Shukla, Antim Suman, and Kamal Kishore Kumawat, Edgistify is an AI-driven warehousing and fulfilment partner that aims to build India’s most trusted and intelligent supply chain backbone. Powered by its proprietary platform, EdgeOS, the company unifies warehousing, order management, transportation, and on-ground operations into one seamless execution ecosystem. EdgeOS integrates WMS, OMS, FMS, last-mile, and internal operations intelligence into a single orchestration layer. Edgistify designs fulfilment models tailored to each brand’s exact requirements, boosting speed, reducing costs, and enhancing customer experience. The platform addresses challenges such as PO errors, multi-channel fragmentation, unpredictable replenishments, and city-wise operational inconsistency. Edgistify operates a significant warehouse network across North, South, East, and West India, enabling deliveries to over 27,000 pin codes nationwide. With a large customer base, the company primarily works with businesses in FMCG, beauty, electronics, pharma, and quick commerce. According to its website, it serves more than 1 lakh daily orders, has over 75 integrations, a presence across more than 50 cities, over 100 warehouses, and has worked with more than 50 customers.

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Suraasa raises $6 Mn in new round from Reach Capital, ETS, and others

EntrackrEntrackr · 1y ago
Suraasa raises $6 Mn in new round from Reach Capital, ETS, and others
Medial

Suraasa, a platform for teacher workforce development and global teacher mobility, has raised $6 million in a new round led by Reach Capital, with participation from ETS Capital, NB Ventures, TSM ventures, TRTL Ventures and other strategic investors. The proceeds will be used to ramp up Suraasa’s mission to enhance teacher quality, equip educators with global-standard skills, and facilitate their integration into diverse educational systems worldwide. Founded by Rishabh Khanna, Suraasa offers competency-based skilling programs that ensure educators are not only classroom-ready but globally competitive. Its programs equip teachers with the skills required to succeed in international classrooms, addressing the increasing demand for qualified educators worldwide. By combining upskilling with teacher recruitment solutions, Suraasa ensures teachers are prepared for global challenges and connected to opportunities in schools globally. The Gurugram-based startup had earlier raised $1.2 million from Inflection Point Ventures, NB Ventures, Supermorpheus, Vinners and SucSEED Innovation in December 2022.

Testsigma raises $8.2 Mn led by MassMutual Ventures

EntrackrEntrackr · 1y ago
Testsigma raises $8.2 Mn led by MassMutual Ventures
Medial

AI-based low-code test automation platform Testsigma has raised $8.2 million in funding led by MassMutual Ventures, along with existing investors Accel, STRIVE, and BoldCap. Earlier, in 2022, Testsigma raised $4.6 million led by Accel, with participation from STRIVE and BoldCap. Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma is a Gen AI-powered, low-code test automation platform that helps quality engineering teams to automate tests at speed and scale without coding expertise. The platform helps users to rapidly create, organise, and run automated tests for web and mobile applications, as well as APIs, using plain English through to its NLP (Natural Language Programming) engine. Its clientele includes Sage, HPE, Netgear, HDFC Life, IEEE, SignEasy, American Psychological Association, and Mehiläinen.

Thimblerr raises $1.4 Mn led by Inflection Point Ventures

EntrackrEntrackr · 1m ago
Thimblerr raises $1.4 Mn led by Inflection Point Ventures
Medial

Thimblerr raises $1.4 Mn led by Inflection Point Ventures The company is building a network of cloud factories supported by a more than 800 machine ecosystem and production systems powered by data. Thimblerr has raised $1.4 million in a bridge round led by Inflection Point Ventures with participation from 3one4 Capital, Mount Judi Ventures, Venture Catalysts, and We Founder Circle. The Bengaluru-based full stack fashion supply-chain platform will use the proceeds for customer acquisition, expanding into new categories, and strengthening its supply-chain capabilities. Founded in 2022 by IIT alumni Piyush Jalan and Rishav Papneja, Thimblerr provides tech-enabled manufacturing and design support to fashion brands, helping them move from concept to production with shorter lead times. The company claims to cut the traditional 180-day cycle to 30–60 days and supports the creation of over 3,000 designs a month. It works with more than a dozen clients including Tata Trent, USPA, Snitch, and The Souled Store. Thimblerr aims to position itself as an infrastructure layer for India’s fast fashion manufacturing industry, which is valued at around $5 billion and growing 25–30% annually. Co-founder Jalan said the company wants to bring speed, transparency, and reliability to India’s fast fashion supply chain and connect global brands with trusted manufacturers. IPV has invested over Rs 800 crore across 250 startups so far. It has launched a $50 million CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of the pipeline.

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