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AuthPay raises $450K in pre-seed round

Entrackr

Entrackr · 1y ago

AuthPay raises $450K in pre-seed round

Fintech startup AuthPay has secured $450K in a pre-seed round of funding led by SCOPE VC. The proceeds will be used to propel its growth, enabling the startup to leverage technologies and transformative business models within the fintech sector, AuthPay said in a press release. Established in July 2020, AuthPay provides secure payment solutions for businesses worldwide leveraging advanced technology and a customer-centric approach. The platform enables businesses to streamline transaction processing, enhance security, and deliver seamless payment experiences to their customers. AuthPay is a smart wallet that maximizes rewards for every purchase. Its patent-pending AI recommends the card based on merchant type, location, and loyalty programs. SCOPE is an invite-only networking platform that connects startups, investors, and industry experts on a global scale. This investment in Authpay follows SCOPE VC’s recent launch of a $45 million venture capital fund which is dedicated to fuel innovation in fintech and gaming sectors.

Related News

Fintech startup AuthPay raises $450,000 led by SCOPE VC

IndianStartupNews

IndianStartupNews · 1y ago

Fintech startup AuthPay raises $450,000 led by SCOPE VC

Fintech startup AuthPay has raised $450,000 in a pre-seed funding round led by SCOPE VC. AuthPay offers secure payment solutions for businesses worldwide, leveraging advanced technology to streamline transactions and enhance security. In addition to the funding, AuthPay will receive mentorship and operational support from SCOPE VC's network. AuthPay's smart wallet uses AI technology to recommend the best card for each transaction, maximizing rewards for customers. The partnership with SCOPE VC is expected to fuel AuthPay's growth and innovation in the fintech sector.

Nuvie Raises $450K to Make Healthy Eating Tasty & Easy

StartupTalky

StartupTalky · 25d ago

Nuvie Raises $450K to Make Healthy Eating Tasty & Easy

Bengaluru-based startup Nuvie raised $450K in pre-seed funding led by PedalStart, with participation from notable investors. Nuvie aims to redefine healthy snacking in India by offering protein-rich, guilt-free snacks and drinks. The funds will support product innovation, brand-building, and market expansion. Founded by former Cult.fit leaders, Nuvie focuses on making healthy eating enjoyable and accessible. The startup is scaling its retail and online presence nationwide with innovative offerings like protein-infused shakes and snacks.

Kimbal, two others secure early-stage funding

VCCircle

VCCircle · 1y ago

Kimbal, two others secure early-stage funding

Smart metering company Kimbal Technologies has secured $5 million in funding, led by Niveshaay and angel investors like Ayush Mittal. The New Delhi-based startup plans to use the funds to scale up its operations and develop new products. Attron Automotive, which manufactures parts for e-mobility, raised $573,960 in a seed funding round, while fintech startup Authpay secured $450,000 from Scope VC. Authpay enables businesses to streamline transaction processing and deliver seamless payment experiences. Scope VC raised $45 million for its venture capital fund in December 2023.

F&B startup Nuvie raises $450K in pre seed round led by PedalStart

Entrackr

Entrackr · 25d ago

F&B startup Nuvie raises $450K in pre seed round led by PedalStart

Snippets F&B startup Nuvie raises $450K in pre seed round led by PedalStart F&B startup Nuvie has raised $450K (about Rs 3.8 crore) in its maiden pre seed funding round led by startup accelerator PedalStart, along with participation from Mukesh Bansal (founder of Myntra, Cult.fit, and Nurix), Ayyappan R, Chanakya Gupta, and Arun Sharma. The proceeds will be allocated towards new product development, brand building initiatives, content creation, expanding distribution, and unlocking growth opportunities. Co founded in May 2024 by Prashant Paliwal and Hem Narayan, Nuvie aims to redefine healthy eating in India with “better for you” products such as improved milkshakes and chocolates that make wellness enjoyable and accessible. Its approach is to break the stigma and seriousness often associated with health, making it feel effortless, enjoyable, and part of a natural lifestyle. Having launched its lactose free Ready to Drink Protein Shake in three flavours, it is now introducing five new shake variants. The product pipeline also includes innovative offerings like a protein chocolate bar, a healthier spin on traditional chocolates, and protein infused cold coffee, or “Proffee.” Nuvie says it has expanded its footprint and is now available in more than 100 premium retail stores across major metros like Delhi, Mumbai, Hyderabad, and Chennai. Its products are also present in over 200 gyms and are reaching customers nationwide through key quick commerce platforms such as Blinkit, Instamart, and BigBasket. The brand is focused on scaling its online presence via its own website and quick commerce channels. The Bengaluru based startup claims to have seen strong early traction, clocking over Rs 10 lakh in monthly revenue from its very first month of launch. It is now aiming to close CY 2025 at an ARR of Rs 10 crore.

Breathe ESG raises Rs 2.6 core in funding led by 100X.VC

Economic Times

Economic Times · 1y ago

Breathe ESG raises Rs 2.6 core in funding led by 100X.VC

Breathe ESG, a sustainability management SaaS startup, secured $315,000 in pre-seed funding led by 100X.VC. The investment, part of a pre-seed round, will be used to enhance product capabilities, expand offerings, and enter global markets. Breathe ESG, founded in July 2022, helps enterprises streamline sustainability efforts, making the transition to sustainable practices more accessible. The funding included participation from angel investors like Vipul Jain, Pradeep Lala, and Prashant Naik.

Minifeel raises INR 3 crore in pre-seed round led by 100X.VC

Startup News FYI

Startup News FYI · 1y ago

Minifeel raises INR 3 crore in pre-seed round led by 100X.VC

MiniFeel, a startup, secures INR 3 crore in a pre-seed funding round led by 100X VC, as reported on July 25, 2023. The investment will support the company's early-stage development and growth.

Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC

Business Bytes

Business Bytes · 1m ago

Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC

Donut Browser, a project focused on developing a crypto agentic browser on the Solana blockchain, has successfully raised $7 million in its pre-seed funding round.

Vodex, three others secure early-stage funding

VCCircle

VCCircle · 1y ago

Vodex, three others secure early-stage funding

Vodex, Ono, Arch0, and Mave Health have all secured early-stage funding. Vodex, a generative AI-based SaaS startup, raised $2 million in a seed funding round. Ono, an agritech startup, raised $1.3 million in a seed funding round. Arch0, a cloud security startup, raised $1.25 million in a pre-seed funding round. Mave Health, a healthtech startup, raised $719,202 in a pre-seed funding round, co-led by All-In Capital and Utsav Somani's iSeed Fund. These companies plan to use the funding to expand their operations, hire talent, and further develop their products.

Pi Ventures bets on Quanfluence; Kirana Pro raises early-stage funding

VCCircle

VCCircle · 6m ago

Pi Ventures bets on Quanfluence; Kirana Pro raises early-stage funding

Photonic quantum technology startup Quanfluence has raised $2 million in seed funding led by pi Ventures, while quick commerce startup KiranaPro has raised an undisclosed amount in a pre-seed funding round. Quanfluence plans to scale its upcoming products and support research for its flagship quantum computer. KiranaPro will use the funds to expand its teams, enhance its technology infrastructure, and drive geographical expansion.

RagaAI, three others raise early-stage funding

VCCircle

VCCircle · 1y ago

RagaAI, three others raise early-stage funding

Artificial intelligence startup RagaAI, gaming platform Stan, edtech startup Analytics Jobs, and investment platform OpiGo have secured early-stage funding. RagaAI raised $4.7 million in a seed funding round led by pi Ventures. Stan raised $2.7 million in a pre-Series A funding round, while OpiGo secured $168,342 in a pre-seed funding round. Analytics Jobs also secured an undisclosed amount in a seed funding round. The funds will be used for research and development, product development, improving technology stack, and expanding user base.

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