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AI consulting startup Navikenz raises $7.5 Mn led by Sekar PRC and Sudip Nandy

EntrackrEntrackr · 2h ago
AI consulting startup Navikenz raises $7.5 Mn led by Sekar PRC and Sudip Nandy
Medial

Navikenz raises $7.5 Mn in seed round led by Sekar PRC and Sudip Nandy AI consulting startup Navikenz, co-founded in 2020 by Anjan Lahiri and Samit Deb, helps enterprises adopt AI-driven solutions to enhance business processes and focuses on digital transformation. Navikenz has raised $7.5 million in a funding round co-led by Sekar PRC and Sudip Nandy, along with participation from existing investors. The proceeds will be used to expand its team and technology. Navikenz offers solutions such as RetailBOT, HR Data Analytics, Spend Analytics, and its proprietary NaviKATOR methodology for digital transformation. The startup has around 250 employees, bases in Bengaluru and Noida, and a presence in Princeton, New Jersey. It works with top pharma and life sciences companies and also serves insurance and finance sectors. Over the past year, Navikenz has achieved quarterly profitability and industry-leading revenue growth, aiming to double revenues every 12–18 months over the next few years. It reported revenue of Rs 17.2 crore for the financial year ending March 31, 2024. Navikenz operates using a pod structure for consulting, architecture, and implementation skills for AI.

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Novavente raises $3 Mn from Highbrow Securities

EntrackrEntrackr · 1y ago
Novavente raises $3 Mn from Highbrow Securities
Medial

Consulting firm Novavente has raised $3 million in an investment round led by Highbrow Securities. The funds will be used for expansion, enhance offerings and services while significantly boosting the workforce, Novavente said in a press release. Launched by Ronak Rajan in 2016, Novavente is a consulting firm that offers sales, marketing, managed services, technology sales, and B2B Sales. Specialising in global sales enablement and demand generation, it employs AI, machine learning, sales automation, and research-driven strategies to help clients expand in current markets and explore new geographies. Novavente says that it serves global companies, large enterprises, and startups across the US, Europe, UK, Middle East, and Asia Pacific. It has served clients including ONGC, LTIMindtree, Viacom18, Jio Cinema, Sodexo and Alibaba across sectors such as IT, Software, Cloud, Manufacturing, Automotive, and Media. According to the company, it has made investments in developing generative AI products and services. It also invested in Thought Minds Systems Private Limited, an innovative startup specialising in generative AI. ThoughtMinds has expanded to over 50 GenAI specialists and secured multiple major clients across the US, India, and the Middle East.

Martech startup Fibr AI raises $5.7 Mn in seed funding led by Accel

EntrackrEntrackr · 12d ago
Martech startup Fibr AI raises $5.7 Mn in seed funding led by Accel
Medial

Martech startup Fibr AI raises $5.7 Mn in seed funding led by Accel Martech startup Fibr AI has raised $5.7 million in a seed funding round led by Accel, with participation from WillowTree Ventures and MVP Ventures. The round also saw backing from several Fortune 100 operators as angel investors. With this, Fibr AI’s total funding stands at $7.5 million, including a $1.8 million pre-seed round raised in 2024, also led by Accel. The fresh capital will be used to enhance product capabilities and expand enterprise adoption across global markets. Founded by Ankur Goyal and Pritam Roy, Fibr AI is building an agentic web experience platform that turns websites into adaptive systems designed to respond to visitor context in real time. The platform focuses on optimising on-site experiences for both human users and AI-driven traffic. Fibr AI embeds autonomous agents into individual URLs, enabling continuous optimisation and personalisation without relying on traditional A/B testing or manual workflows. The company says this allows websites to adjust experiences dynamically based on audience, channel, and intent signals. The startup claims its enterprise customers have reported reductions in customer acquisition costs and improvements in engagement metrics. Fibr AI currently works with large enterprises across banking, financial services, telecom, and healthcare sectors.

Bluecopa raises $7.5 Mn in Series A round led by Analog Partners

EntrackrEntrackr · 1m ago
Bluecopa raises $7.5 Mn in Series A round led by Analog Partners
Medial

Bluecopa raises $7.5 Mn in Series A round led by Analog Partners Hyderabad-based finance automation startup Bluecopa has raised $7.5 million in a Series A round led by Singapore-headquartered Analog Partners, with existing investors Blume Ventures and Dallas Venture Capital participating. With this round, the company’s total funding stands at $11.6 million. The proceeds will be used to deepen product development around autonomous finance capabilities and expand Bluecopa’s footprint across APAC, North America, and the Middle East. The company is also investing in building specialised AI models for finance teams handling large transaction volumes. Founded in 2021, Bluecopa builds an AI-native platform that automates core enterprise finance workflows such as reconciliations, receivables, payables, reporting, and financial close. The company says its system is designed to replace batch-based and manual finance processes with continuous, audit-ready operations. Bluecopa claims to have reported over 5x revenue growth and a 3x increase in customers during the year. Its enterprise customer base includes large listed companies and private enterprises across sectors such as ecommerce, retail, logistics, travel, and financial services. According to the company, customers using its platform have seen shorter close cycles, higher process efficiency, and a sharp reduction in manual errors. The platform automates a large share of reconciliations and enables near real-time financial reporting.

DrinkPrime raises $3 Mn from SIDBI Ventures

EntrackrEntrackr · 1y ago
DrinkPrime raises $3 Mn from SIDBI Ventures
Medial

DrinkPrime, a subscription-based reverse osmosis (RO) water supplying startup, has raised $3 million from SIDBI Venture Capital Ltd. (SVCL), an investment management company and a wholly owned subsidiary of SIDBI. The Bengaluru-based startup had raised Rs 60 crore ($7.5 million) in a mix of equity and debt round led by Omidyar Network India, others in July 2022. Prior to that, it raised around Rs 21 crore in its pre-series A round led by Peak XV’s Surge in August 2021. Founded in 2016 by Vijender Reddy and Manas Ranjan Hota, DrinkPrime works towards enabling access to clean drinking water with Internet-of-Things (IoT)-enabled customised water purifiers on subscription to users. DrinkPrime currently provides clean drinking water access to over 2 lakh families across seven cities in India. With further expansion plans, DrinkPrime is also gearing up for its Series B fundraise. According to startup data intelligence platform, TheKredible, DrinkPrime reported an operating revenue of Rs 28.94 crore with a loss of Rs 27 crore in FY23. In the subscription model, DrinkPrime competes with Livpure, Acquaguard and ZunPure.

D2C luggage brand uppercase raises $9 Mn led by Accel

EntrackrEntrackr · 1y ago
D2C luggage brand uppercase raises $9 Mn led by Accel
Medial

D2C luggage brand Uppercase (Acefour Accessories) has raised $9 million in a Series B round led by venture capital firm Accel. As per uppercase, it has raised the new round at a post money valuation of $60 million. In 2022, the company had raised $7 million in apPre-Series A funding round led by Sixth Sense Ventures, with participation from Volrado Venture Partners. The funding will support business expansion, aiming to increase its customer base across India, uppercase said in a press release. Founded by Sudip Ghose, uppercase sells travel gear online and through 1,800 multi-brand stores across India. Its products are priced in the range of Rs 3,500-5,000. The Mumbai-based company aims to achieve its Rs 500 crore goal by adding 250 exclusive retail stores over the next three years. Earlier this year, luggage brand Mokobara raised $12 million in a Series B funding round led by Peak XV Partners. Besides Mokobara, uppercase also competes with Assembly, Nasher Miles and EUME. While Nasher miles raised $4 million in July, EUME bagged $1.7 million in June. As per startup data intelligence platform TheKredible, uppercase reported an operating revenue of Rs 10.65 crore in FY23 with Rs 21 crore loss. The company is targeting to more than double its revenue to Rs 150 crore by FY25, up from Rs 70 crore in FY24.

Astrotech startup MyNaksh raises Rs 7.5 Cr led by Eximius Ventures

EntrackrEntrackr · 5m ago
Astrotech startup MyNaksh raises Rs 7.5 Cr led by Eximius Ventures
Medial

Astrotech startup MyNaksh raises Rs 7.5 Cr led by Eximius Ventures MyNaksh, an AI-powered astrology platform, has raised Rs 7.5 crore in a pre-seed round led by Eximius Ventures and Gemba Capital with participation from Infinyte Club. This marks one of the largest pre-seed funding in India’s online astrology sector. With the fresh capital, the startup plans to scale product development, enhance personalisation, and position astrology as a modern, culturally rooted tool for self-awareness and growth. Founded by Nitesh Salvi, Devaang Agarwalla, Gaurav Mohta, and Piyush Nagle, MyNaksh combines AI-driven personalisation with access to human astrologers, offering users a credible and engaging astrology experience. MyNaksh’s business model is built on creating a personalised astrology guide for each user. The platform offers a mix of AI astrologers and human experts, available through a subscription-based model and paid personalised consultations. Over time, the AI learns from user behavior and context to deliver more relevant predictions, while human astrologers provide trust, depth, and authenticity. Competing with established astrology apps like Astrotalk, AstroSage, and Click Astro, MyNaksh differentiates itself with its AI-first, human-in-the-loop model.

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