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

EntrackrEntrackr · 11m 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.

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DesignX raises $2 Mn in pre-Series A round led by Rockstud Capital

EntrackrEntrackr · 4m ago
DesignX raises $2 Mn in pre-Series A round led by Rockstud Capital
Medial

DesignX raises $2 Mn in pre-Series A round led by Rockstud Capital Noida-based DesignX has raised $2 million in a Pre-Series A funding round led by Rockstud Capital, with participation from We Founder Circle, Piper Serica, and existing clients. The proceeds will be used to expand across India and international markets, and to enhance the platform's AI and integration capabilities. Founded in 2015 by engineers Rajat and Nishant Srivastava, the firm offers a digital factory operating system (Df-OS) that digitizes over 600 factory floor processes and integrates with existing ERP, IoT, and enterprise tools to provide real-time operational insights. DesignX currently serves clients including Unilever, Suzuki, Dabur, Hero, and others across sectors like automotive, FMCG, and pharma. It competes with players such as Precog, Infinite Uptime, and Lynkit in the Industry 4.0 and smart manufacturing space.

Relso raises $840K in pre-Seed round led by Venture Catalysts, IPV

EntrackrEntrackr · 1y ago
Relso raises $840K in pre-Seed round led by Venture Catalysts, IPV
Medial

Bengaluru-based Relso has raised $840,000 in a pre-seed round co-led by Ventures Catalysts and Inflection Point Ventures. Investors such as Ramakant Sharma (Livspace founder and Global COO), Shantanu Deshpande (Bombay Shaving Co-founder), and Saurabh Jain (Livspace India CEO) also joined the round. The fresh capital will be used for expansion, talent acquisition, team and more, the company said in a press release. Co-founded in early 2023 by Anshul Choubey, Abhinav Agarwal, and Jay Trivedi, Relso describes itself as a ‘cloud factory’ for furniture under the vision of ‘Make in India and sell globally’ motto. The company essentially supplies a wide range of furniture to brands and retailers. Its offerings include different design options, low MOQs, customization, and more. Recently, Venture Catalysts backed lab-grown diamond brand Fiona Diamonds for Rs 6 crore in its seed round.

Lucidity raises $21 Mn in Series A led by WestBridge

EntrackrEntrackr · 10m ago
Lucidity raises $21 Mn in Series A led by WestBridge
Medial

Lucidity raises $21 Mn in Series A led by WestBridge Lucidity, a multi-cloud storage management platform, has raised $21 million in a Series A investment led by WestBridge Capital, with participation from existing investor Alpha Wave. The Series A round follows a seed round follow-on investment by BEENEXT in June 2024. Previously, Lucidity had closed a pre-seed round of $500K and a $5.3 million seed round in June 2022. The company has raised a total of $31 million in funding to date. Lucidity plans to expand the go-to-market team and continue innovating the platform to solve key storage management problems for enterprises around the world. Lucidity’s cloud storage platform automatically expands and shrinks block storage based on real-time data needs, reducing costs by up to 70% for large enterprises. Its NoOps, application-agnostic layer integrates seamlessly with existing systems—without any code changes. By automating storage management, Lucidity frees IT and DevOps teams to focus on innovation and efficiency. “Lucidity delivers the only platform for ITOps and DevOps organizations to automatically manage and optimize their block storage in real-time across all three major cloud providers while significantly reducing costs. As a result, we’re honored by the ongoing interest we’ve received and the opportunity to work with some of the largest enterprises in the world to empower them to seamlessly manage their cloud storage for the first time,” said Nitin Bhadauria, co-founder of Lucidity. Since its inception in 2021, Lucidity has grown 400% year-over-year by pioneering automation in cloud block storage. Enterprises like World Market, Dometic, and Fortune 500 companies—including a major airline and a top credit ratings firm—use Lucidity to optimize storage and cut cloud costs. Lucidity has offices in Boston, Bengaluru, and Abu Dhabi, with customers all around the globe.

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