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Logistics startup Pickkup raises $500K in seed round led by We Founder Circle

EntrackrEntrackr · 6m ago
Logistics startup Pickkup raises $500K in seed round led by We Founder Circle
Medial

Logistics startup Pickkup raises $500K in seed round led by We Founder Circle Logistic startup Pickkup has raised $500K in a seed funding round led by We Founder Circle (WFC) along with participation from other angel investors. The proceeds will be strategically utilized to expand its electric fleet, enhance the team, and invest in advanced technology to bolster logistics efficiency, Pickkup said in a press release. Co-founded by Ankush Sharma, Chandra Shekhar, and Upma Sharma, Pickkup aims to redefine logistics by deploying a 100% electric fleet, integrating cutting-edge technology to improve delivery efficiency, and actively contributing to decarbonization efforts. With a growing need for eco-friendly logistics solutions, the company intends to create impact in the industry. The Chandigarh-based startup aspires to build a sustainable, tech-driven logistics ecosystem that maximizes fleet utilization while minimizing environmental impact. It looks to optimize cross-utilization of its electric vehicles, ensuring they are operational for the maximum number of hours daily, a move that leverages the low operating costs of EVs for enhanced efficiency and affordability. Established in 2020, We Founder Circle offers mentorship and actively invests in early-stage startups. It invests $250,000-$2 million in early-stage startups that are fueled with ambition, sustainability, and a strategic approach. The VC firm has enabled $50 million worth of investments across over 150 deals. Some of the key investments include category leader companies like BluSmart, Zypp Electric, Kazam, Gauda Aerospace, Pixxel SpaceTech, and Qpi Quantum Computing.

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Dubpro.ai raises $500K in seed round

EntrackrEntrackr · 1y ago
Dubpro.ai raises $500K in seed round
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.

Tractor Factory raises $500k in pre-seed round led by All In Capital

EntrackrEntrackr · 7m ago
Tractor Factory raises $500k in pre-seed round led by All In Capital
Medial

Tractor Factory raises $500k in pre-seed round led by All In Capital Tractor Factory, an electric tractor technology company, has raised Rs 4 crore (around $500,000) in its pre-seed round led by early-stage investment firm All In Capital. Several marquee investors, including Bharat Founders Fund, Devc, and family offices such as Dhingra Partners Prosperity Trust (associated with the Kirloskar Generators family office), participated in the round. Additionally, angel investors like Samir Sood (Founder of Venture Highway), Abhishek Goyal (Founder of Tracxn), Aayush Phumbra (Founder of Chegg), and Puneet Kumar (from Steadview Capital) also joined the fresh investment. The proceeds will be used to enhance its technology, expand its market reach, and improve customer experience. Founded by Shailesh Tiwari in 2024, Tractor Factory offers an omnichannel marketplace that caters to farmers’ mechanization needs by making buying and selling used tractors more accessible and affordable.

Solar startup QuantE Energy raises $500K in Seed round

EntrackrEntrackr · 5d ago
Solar startup QuantE Energy raises $500K in Seed round
Medial

Solar startup QuantE Energy raises $500K in Seed round Solar startup QuantE Energy has raised $500K in a seed funding round led by Trillion Dollar Venture (TDV) Partners, an early-stage VC, alongside participation from marquee angel investors including Raghunandan G, Park+ founder Amit Lakhotia, Ankit Gupta, and Hari Krishnan Nair. The Noida-based company has also raised an undisclosed amount in debt and related instruments. The proceeds will be utilized to democratize access to clean, affordable, and smart energy for the residential sector, especially housing societies in Indian metros and beyond, QuantE said in a press release. Co-founded in 2024 by Akshat Khare and Ankush Vashisht, QuantE addresses the hassles of upfront costs, poor servicing, limited awareness, and inconsistent project quality by deploying AI and IoT-powered solutions along with innovative financial models. The company's platform combines advanced technology with innovative financing models to target India's untapped $25 billion distributed solar opportunity. "The solar industry has grown rapidly in large urban projects, but there’s still a huge gap in serving the residential segment and societies. These customers face real barriers—high upfront costs and poor service and quality. We’re using technology to remove these barriers and make solar adoption easier,” said Akshat Khare, co-founder of QuantE Energy. The startup states that it has already deployed successful pilot projects for 13 societies across Mumbai, Pune, and Delhi NCR with its cloud-based platform and AI-driven diagnostics showing promising early results. The investment comes at a crucial time as India's B2B solar market grows at 15-17% CAGR and the B2B2C segment expands at 18-20% CAGR through 2028. With government policies like PM-KUSUM and increasing corporate ESG commitments driving adoption, QuantE is positioned to capture significant market share in the fragmented distributed solar segment.

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