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Clodura.AI raises $2 Mn led by Bharat Innovation Fund

EntrackrEntrackr · 1y ago
Clodura.AI raises $2 Mn led by Bharat Innovation Fund
Medial

Clodura.AI, an innovator in AI-driven sales prospecting solutions, has raised $2 million in its pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures. This proceeds will be used to fuel the enhancement of Clodura.AI’s platform which uses Large Language Models (LLMs) and generative AI to streamline the sales process from prospecting through to closure. Founded by Kapil Khangaonkar, Clodura.AI helps sales professionals find decision-makers, gather actionable sales intelligence, automate outreach campaigns, and create a 10X sales pipeline. The platform supports sales professionals by providing consistently updated, quality data, enabling precise targeting and effective communication. Clodura.A’s email cadence capabilities help sales professionals generate more interactions and book more meetings. As per the company, it eliminates hours of manual drudgery spent each day on creating and sending sales outreach emails and follow-ups.

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Marketing platform Grexa AI raises $1.85 Mn in seed round

EntrackrEntrackr · 1m ago
Marketing platform Grexa AI raises $1.85 Mn in seed round
Medial

Marketing platform Grexa AI has raised Rs 15.5 crore (approximately $1.85 million) in a seed funding round led by Utsav Somani. The round also witnessed participation from DeVC (Z47’s seed fund), Bharat Founders Fund, and individual investors like Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma, and Sumit Gupta. The proceeds will be utilized for product innovation and enhance market reach, Grexa said in a press release. Co-founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal, and Narendra Agrawal, Grexa AI provides enterprise-level digital marketing capabilities in a simple and accessible way, leveraging AI to automate and optimize various marketing tasks. The Thane-based company focuses on building an AI-powered platform that integrates local SEO, social media, online ads, and website management for small businesses. The platform is specifically designed to address the needs of small businesses in India, who may lack the technical skills or resources to effectively manage their online presence. According to Grexa AI, it delivers full-funnel, always-on marketing through an autonomous AI engine and it’s already being used by over 21,600 businesses across salons, clinics, gyms, cafés, and more. The platform aspires to reimagine digital growth for India’s over 6 crore small businesses by eliminating the need for agencies, freelancers, or complex tools—bringing full-funnel, autonomous marketing into one simple app.

Exclusive: Proptech startup HouseEazy raises $4 Mn in Series A

EntrackrEntrackr · 1y ago
Exclusive: Proptech startup HouseEazy raises $4 Mn in Series A
Medial

HouseEazy, an online marketplace for pre-owned homes, has raised Rs 33.5 crore (around $4 million) in Series A led by Chiratae Ventures Fund with participation from Veena Jindal, Antler Innovation Fund, and IA Growth Opportunities Fund. The board at HouseEazy has issued a total of 3,915 shares at a face value of Rs 10 and premium of Rs 85,666 on preferential basis and by way of private placement, the company’s regulatory filings with Registrar of Companies show. Chiratae Ventures has invested Rs 29.62 crore, whereas Antler Innovation Fund invested Rs 2.86 crore. IA Growth Opportunities Fund and Veena Jindal invested Rs 76.25 lakh and Rs 29 lakh respectively. As per startup data intelligence platform TheKredible, HouseEazy has reached a valuation of Rs 156 crore post money (over $18 million). The company may raise more funds in this round and the valuation will vary accordingly. In December 2023, HouseEazy raised $1 million in a seed round led by Antler and picked up $370,000 in pre seed funding in June 2022. Founded in 2021 by Tarun Sainani and Deepak Bhatia, HouseEazy is building a full-stack, data driven technology platform to provide the best prices and instant liquidity to sellers and title-checked, refurbished, ready-to-move-in homes to buyers. The Noida-based company says that it uses a proprietary machine-learning algorithm with over 1.25 million data points to provide real-time price offers, eliminating the need for multiple meetings & negotiations for sellers. In December, HouseEazy claimed that it reached an ARR of Rs 250 crore (GMV) while maintaining profitability. The firm expects to hit Rs 1,000 crore ARR by March 2025 from the NCR market alone. For the fiscal year ending March 2023 (FY23), HouseEazy registered Rs 2.78 crore in operating revenue with Rs 44 lakh in loss.

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