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Dezime secures ₹2.5 crore in pre-seed funding

Inshorts · 5m ago

Dezime secures ₹2.5 crore in pre-seed funding

Dezime, a tech-driven interior solutions startup, has secured ₹2.5 crore in pre-seed funding from strategic investors, including Rishi Kajaria of Kajaria Tiles and Rishi Gulati of Chalo Holdings. The funding will enhance Dezime's AI and 3D visualisation technology, improving customer experiences. Focused on Delhi NCR, Dezime aims to offer faster, personalised home design solutions.

Related News

LISSUN, Zintlr, Conscious Chemist raise early-stage funding

VCCircle

VCCircle · 11m ago

LISSUN, Zintlr, Conscious Chemist raise early-stage funding

LISSUN, a mental health platform, has secured $2.5 million in pre-Series A funding, bringing its total capital raise to $5 million. The funding, led by RPSG Capital Ventures, will enable the startup to develop AI-driven solutions to address mental health challenges. Meanwhile, Zintlr, a B2B SaaS platform specializing in sales intelligence, has raised INR 7.5 crore in seed funding. The AI-powered buyer intelligence platform plans to use the funds to scale its team, expand its market presence, and develop new product verticals. Lastly, Conscious Chemist, a skincare brand, has raised INR 12 crore in funding from Atomic Capital, aiming to enhance product development and expand its digital footprint.

Neo San, two others raise equity funding, Celebal secures debt investment

VCCircle

VCCircle · 1y ago

Neo San, two others raise equity funding, Celebal secures debt investment

Climatetech startup Neo San, machinery manufacturer Autocracy Machinery, and sportstech startup Machaxi have all secured funding. Neo San raised $1.5 million in a seed funding round, Autocracy Machinery raised $598,833 in a pre-Series A round, and Machaxi secured $574,843 in a pre-Series A round. Additionally, software consulting firm Celebal Technologies raised an undisclosed amount of debt funding. These companies will use the funds for various purposes such as scaling technologies, developing new technology, expanding markets, and enhancing market penetration.

Calicut-based EV startup chargeMOD raises Rs 2.5Cr in pre-seed funding from Phoenix Angels

IndianStartupNews

IndianStartupNews · 2y ago

Calicut-based EV startup chargeMOD raises Rs 2.5Cr in pre-seed funding from Phoenix Angels

Calicut-based BPM Power Private Limited, owner of EV Startup chargeMOD, has secured Rs 2.5 crore in pre-Seed funding from Phoenix Angels. chargeMOD offers EV charging solutions for homes and businesses, aided by a mobile app for station location. Collaborating with notable entities like L&T, Murugappa Group, and others, it has rapidly grown, capturing 90% of Kerala's EV charging market share. The startup is backed by Kerala Start-up Mission and aspires to thrive in the EV charging sector.

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

VCCircle

VCCircle · 1y ago

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

Fresh Bus, Fashor, Kazam, MiClient, EyeROV, and Ziptrrip have all recently raised early-stage funding. Fresh Bus, an electric intercity bus startup, secured Rs 87.5 crore in its series A funding round. Kazam, an e-mobility enabler, raised $8 million in its series A3 funding round. Fashor, a contemporary ethnic wear brand, received $5 million in funding. EyeROV, a marine robotics deeptech startup, raised Rs 10 crore in a pre-series A round. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Finally, Ziptrrip, an AI-powered corporate travel and expense management platform, closed its pre-seed funding round with Rs 2 crore.

The Money Club, Terractive, Atmosphere, Medial score early-stage funding

VCCircle

VCCircle · 9m ago

The Money Club, Terractive, Atmosphere, Medial score early-stage funding

Fintech platform The Money Club has raised $2.5 million in a Series A round led by Prudent Investment Managers. The platform provides on-demand liquidity to new-to-credit users without physical paperwork. Terractive, a Mumbai-based startup selling active lifestyle products, raised Rs 8 crore in a pre-Series A funding round led by Fireside Ventures and DeVC. Atmosphere, a designer of retail and workspace fit-outs, secured Rs 5 crore in a seed round led by Artha Venture Fund. Professional social media startup Medial raised $500,000 in an investment round led by Ortella Global Capital.

Deeptech startup Algorithmic Biologics secures pre-Series A funding of $2.5M

VCCircle

VCCircle · 1y ago

Deeptech startup Algorithmic Biologics secures pre-Series A funding of $2.5M

Algorithmic Biologics, a deeptech startup, has raised $2.5 million in pre-Series A funding led by Bharat Innovation Fund. The funding will be used to support product pipeline, build sales team, and expand presence. Algorithmic Biologics leverages advanced algorithms and AI to enhance molecular testing efficiency and scale. Its Tapestry platform enables large-scale molecular testing with accuracy. The startup recently partnered with Dhiti Omics Technologies. Bharat Innovation Fund focuses on early-stage deep-tech investments and has a portfolio including CreditVidya, Zumutor, Entropik, and vPhrase Analytics.

Social-first content marketplace Pep secures $2.5 million from India Quotient, others

Economic Times

Economic Times · 1y ago

Social-first content marketplace Pep secures $2.5 million from India Quotient, others

Indian social-first content marketplace, Pep, has raised $2.5 million in seed funding from investors including India Quotient and Meesho's co-founders. The mobile-centric platform aims to democratize content across various categories and formats. Pep offers a wide range of content, including live sessions, videos, consultations, and more. The funding will support the company's mission of curating and making high-quality knowledge accessible and affordable. Pep's founders, Nav Agrawal and Swapnil Upadhyay, have previously co-founded Clip, a short-video social media app.

ByteXL, Honestly, two others raise early-stage funding

VCCircle

VCCircle · 1y ago

ByteXL, Honestly, two others raise early-stage funding

Four startups recently secured funding. AI-powered beauty platform Honestly raised Rs 3.2 crore in pre-seed funding, led by Better Capital and with participation from QED Innovations and leaders from Flipkart, Polygon, and Cred. Edtech platform byteXL secured $5.9 million in Series A funding from Kalaari Capital and the Michael and Susan Dell Foundation. Protonas, specializing in low-cost PEM hydrogen fuel cell solutions, raised an undisclosed seed funding round led by Transition VC. Urban transit services provider MyPickup raised Rs 1.5 crore in a seed funding round led by Inflection Point Ventures.

CRED’s competitor CheQ secures $4.5 Mn

Entrackr

Entrackr · 1y ago

CRED’s competitor CheQ secures $4.5 Mn

B2B credit management platform CheQ has raised Rs 35 crore or $4.2 million in its extended seed round from new and existing investors. The funding for the Bengaluru-based firm came after a gap of 18 months. The board at CheQ has passed a special resolution to issue 12,952 Seed1 cumulative convertible preference shares at an issue price of Rs 26,989 each to raise Rs 35 crore, its regulatory filing accessed from the Registrar of Companies (RoC) shows. 3one4 Capital invested Rs 12.49 crore while Venture Highway Fund and Multiply Ventures pumped in 6.24 crore and 2.08 crore, respectively. Individual investors including Lloyd Dizon Balajadia, Madhav Prakash Sehth, Vishal Gupta, and Deepk Tuli have collectively put in Rs 14.2 crore. As per filings, the company will use these funds for growth, expansion, marketing, and general corporate purposes as decided by the board. In June 2022, CheQ raised $10 million in Seed funding led by Venture Highway and 3one4 Capital. Following the fresh proceeds, 3one4 Capital holds 10.95% of the company while Venture Highway and Multiply Ventures command 11.45% and 2.49% respectively. It’s worth noting that these holdings exclude employee stock options and the firm’s cap table when we factor in the ESOP pool component. According to the startup data intelligence platform TheKredible, the company has been valued at around Rs 451 crore or $55 million (post-money) in the new funding round. Founded in 2022 by Aditya Soni, CheQ helps customers simplify the discovery and management of all credit products and allows you to pay your credit card bill, and EMI on a single platform. The startup has raised $15 million to date including its $10 million seed round led by Venture Highway and 3one4 Capital in June 2022. CheQ remained a pre-revenue stage firm with a revenue of only Rs 2 crore during the fiscal year ended March 2023. However, the losses for the three-year-old firm stood at Rs 19.4 crore in the same period. CheQ competes with fintech unicorn CRED which has secured around $1 billion to date and was valued at $6.4 billion in its last fundraise. According to the startup data intelligence platform TheKredibe, it posted Rs 1,400 crore in revenue with a loss of Rs 1,347 crore during FY23.

Optimized Electrotech, Cura Care, SportsSkill secure early-stage funding

VCCircle

VCCircle · 5m ago

Optimized Electrotech, Cura Care, SportsSkill secure early-stage funding

Optimized Electrotech, Cura Care, and SportsSkill have secured early-stage funding for their respective innovations. OEPL received $6 million in Series A funding, focusing on imaging surveillance technology for defense and space. Cura Care secured Rs 5 crore in a pre-seed round for enhancing at-home dental hygiene services. SportsSkill obtained pre-seed funding for a sports training app, aiming for international expansion and collaborations within India. These investments will support product development and market growth efforts.

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