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Edtech startup ODA Class raises $500K in Series B round
Entrackr
·
11m ago
Medial
Bengaluru-based edtech startup ODA Class has raised $500K in its Series B round from Skywalker Education Technology Co. Ltd. (Singapore), Daituzi Education Technology Corporation Limited, and Matrix Partners China. Following the latest round of funding, the total funding raised by ODA Class is now $12.75 million. In March 2020, the startup had raised an undisclosed amount in its pre-Series A round from Yuanfudao, a China education giant. In 2021, the company raised $9 million, followed by $3 million in 2022 and an additional $250K in 2023. According to ODA Class, the funds will be used in several key areas to maximize impact, like digital marketing, which will enhance the company’s brand visibility and reach a broader audience. Founded in 2019, ODA Class offers live online courses for students from class 1 to 10. Using AI technologies and innovative marketing strategies, the company provides high-quality education at accessible rates. With educators from IITs and NITs, ODA Class has served over 25,000 long-term students and aims to enroll 100,000 students in 2024 while continuing to enhance its learning platform. The company claims to have reported revenues of Rs 26.90 crore for FY22, which grew to Rs 63.76 crore in FY23 and further increased to Rs 65.81 crore in FY24. In parallel, the company managed to optimize its expenditures, with costs reported at Rs 79.20 crore in FY22, Rs 107.81 crore in FY23, and Rs 85.20 crore in FY24.
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Serigen Mediproducts, Medront Datalabs, ODA Class raise funding
VCCircle
·
11m ago
Medial
Biomedical products manufacturer Serigen Mediproducts, data storage startup Medront Datalabs, and edtech startup ODA Class have all recently raised funding. Serigen Mediproducts secured INR 10 crore from IAN Alpha Fund and Collossa Ventures, while Medront Datalabs raised INR 1.06 crore in a pre-seed round led by Inflection Point Ventures. ODA Class, on the other hand, obtained $500,000 in a Series B funding round, with investors including Skywalker Education Technology and Matrix Partners China. The funds will be utilized for various purposes, such as product development, growth efforts, and marketing.
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Biotech startup Mestastop raises $500K for cancer drug discovery and repurposing technology
IndianStartupNews
·
1y ago
Medial
Indian biotech startup Mestastop Solutions has secured $500,000 in a pre-Series A funding round led by a consortium of 92 angel investors and Malpani Ventures. The funds will be used to further the company's cancer metastasis platform, which utilizes wet lab biology and predictive analytics for drug discovery and patient treatment. Mestastop aims to generate proof of concept data and progress drug repurposing efforts to delay metastasis. The round follows a previous angel round in which the company raised INR 2 crore.
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PlaySuper raises $500K in seed round led by IAN Group and 100X.VC
Entrackr
·
6m ago
Medial
Snippets PlaySuper raises $500K in seed round led by IAN Group and 100X.VC Gaming commerce startup PlaySuper has raised $500K in its seed round led by IAN Angel Fund and 100X.VC. The round also saw participation from angel investors including Uday Sodhi, KRS Jamwal, Pratham Mittal, Rajit Bhattacharya, and Ankit Das, among others. The proceeds will be used to accelerate product development, expand market reach, and strengthen hiring. PlaySuper is set to launch its next-gen, hyper-personalized in-game store, allowing easy integration without requiring updates. The Gurugram-based brand also plans to expand into Southeast Asia (SEA) within six months, followed by MENA and LATAM. Additionally, it will bring in a Product Head and expand its B2B partnerships team to onboard more gaming studios. Founded in April 2024 by Shouradeep Chakraborty, PlaySuper enables gamers to shop inside their favorite mobile games while playing. It integrates real-world shopping experiences within mobile games. Shouradeep and Upamanyu previously co-founded LectureNotes, an edtech platform that raised $2.5 million in 2022. They bring extensive experience from the gaming, Web3, and edtech sectors. Over the next year, the company will focus on launching its in-game store, scaling its reach into new markets, and deepening its collaborations with game developers.
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Battery Smart raises $21M in ongoing Series B funding round
YourStory
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1m ago
Medial
Battery Smart, a battery swapping startup, raised an additional $21 million in its ongoing Series B funding round led by Rising Tide Energy. The total Series B round is expected to be $29 million. Other contributors include ResponsAbility Asia Climate Fund, Acacia Inclusion Ltd, and Ecosystem Integrity Fund. The Gurugram-based company plans to use the funds to expand its presence in new and existing cities. Battery Smart currently operates over 1,518 battery swapping stations in India.
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MENA DIGEST: Saudi Arabian tech startups lead funding activity this week
VCCircle
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7m ago
Medial
Saudi Arabian tech startups led the MENA funding activity this week. Calo, a foodtech startup, raised $25 million in a Series B round, aiming for a $50 million extension and a 2027 IPO. The round was led by Nuwa Capital with participation from STV and others. Edtech startup YNMO secured $5 million, led by Wa’ed Ventures, to expand its AI-based rehabilitation services for children with disabilities, enhancing partnerships across the Gulf region.
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Dubpro.ai raises $500K in seed round
Entrackr
·
1y ago
Medial
AI startup Dubpro.ai has raised $500k in its seed round from Venture Catalysts. Anicut Capital, 9Unicorns, and JJFO and FirstCheque also participated in the round. Founded by Ishan Sharma and Rishikesh, dubpro.ai enables creators and companies to localise their video content through advanced AI-driven dubbing solutions. Using a combination of Artificial Intelligence and human expertise, dubpro.ai offers high-quality vernacular content localisation that was previously inaccessible due to cost restrictions and time-consuming processes. “We are extremely excited to work with leading investors and a passionate team to build generative AI capabilities in Indic languages that could unlock a great potential for video content being available across all vernacular languages from Education to Entertainment content,” said Sharma, founder & CEO of dubpro.ai. The platform claims to deliver realistic dubbing experiences at a scalable cost point, ensuring efficiency and affordability. With an emphasis on quality assurance, Dubpro.ai’s human experts conduct over 10 quality checks. Venture Catalysts invests $250K – $2 million in early-stage startups. It has a presence across 55 cities in 9 countries. It recently led funding round in proptech startup Bandhoo.
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Hyper-personalized & data driven wellness platform Answer Genomics raises $500K
IndianStartupNews
·
1y ago
Medial
Bengaluru-based wellness platform Answer Genomics has raised $500,000 in a pre-series A funding round led by Inflection Point Ventures. The investment will be used to enhance sales and marketing efforts, expand the team, and accelerate innovations in genomics. Answer Genomics aims to provide personalized health insights by analyzing genetic blueprints, microbiome data, and physiological parameters. The startup is working towards sequencing 10,000 genomes in the coming year and building a database of genetic information from consenting individuals to offer personalized health recommendations.
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Qoruz raises $500K in pre-Series A round led by The Chennai Angels
Entrackr
·
1m ago
Medial
Qoruz raises $500K in pre-Series A round led by The Chennai Angels Qoruz, a creator intelligence and collaboration platform, has secured $500K of funding from The Chennai Angels as part of its ongoing pre-Series A round, which is targeted at $1 million. The round also saw participation from senior marketing professionals, agency leaders, and founders from the media and advertising ecosystem. The Bengaluru-based startup had previously raised 4.5 crore in a seed funding round from Dexter Angels and the IIM Indore Alumni Fund. The proceeds will be utilized to scale its AI capabilities, expand into new market verticals, and strengthen its global presence with a focus on the Middle East and Southeast Asia, Qoruz said in a press release. Co-founded in 2014 by Praanesh Bhuvaneswar, Prabakaran B, Aditya Gurwara, and Priya Vivek, Qoruz is a creator intelligence and collaboration platform that helps brands discover, evaluate, and collaborate with creators to drive measurable business outcomes. The platform enables marketers to approach creator collaboration as a structured, data-led channel rather than an intuition-driven tactic. “We’re not just building a platform, we’re building an ecosystem for the creator economy, where creators are central to how products are discovered, trusted, and bought. For this to scale meaningfully, it needs more than connections; it needs infrastructure. This capital allows us to deepen that foundation and bring operational precision to a space that has long operated on instinct,” said Praanesh Bhuvaneswar, co-founder and CEO of Qoruz. Qoruz plans to target $30 million ARR by 2026, growing 3x YoY in enterprise client adoption. The company claims that its platform has been used by over 1,000 brands and agencies, including Amazon, Flipkart, Jiostar, Dabur, L’Oréal, and Coca-Cola.
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Battery Smart to raise $45M in Series B round
Inshorts
·
1y ago
Medial
Delhi NCR-based battery-swapping startup Battery Smart is raising around INR 376.3 Cr (about $45 Mn) from existing and new investors in what seems to be a Series B funding round. The fundraise comes almost a year after the startup raised $33 Mn in its pre-Series B funding round from Tiger Global, Blume Ventures, EIF, and BII.
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Druid, a conversational AI platform for enterprises that integrates with ChatGPT, raises $24M
TechCrunch
·
1y ago
Medial
European AI startup Druid has raised $30 million in a Series B funding round to support its U.S. expansion. Druid specializes in "conversational business applications," offering a platform that helps companies automate customer support and other tasks using conversational AI. The company differentiates itself by integrating generative AI, such as ChatGPT, to handle more generic queries. Druid plans to extend its global footprint, with a focus on the U.S., which now makes up 60% of its revenue. The Series B round was led by TQ Ventures, with participation from European investors.
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