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Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program

IndianStartupNewsIndianStartupNews · 1y ago
Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program
Medial

AI-based port automation startup Docker Vision has secured funding in a pre-seed round from Thinkuvate and SeaFund through SanchiConnect's PreSeed Accelerator program. The undisclosed amount will be used to expand the brand, conduct Proof of Concepts (POCs), and consolidate business operations. Docker Vision's flagship AI product, the Gate OCR (dOCR), uses AI technology to minimize waiting times and reduce carbon emissions in the cargo handling process. The funding will support the company's vision of revolutionizing the maritime industry with automation solutions. SanchiConnect has provided crucial support to Docker Vision through its Accelerator Program, offering mentorship and industry connections.

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SanchiConnect and YourNest invest in 8 startups under VAP

EntrackrEntrackr · 6m ago
SanchiConnect and YourNest invest in 8 startups under VAP
Medial

SanchiConnect, a deep-tech enablement network in partnership with YourNest Venture Capital, has invested Rs 48 crore (about $6 million) in eight transformative startups under its Velocity Accelerator Program. The program aims to nurture groundbreaking ideas and drive economic growth in the country’s startup ecosystem, SanchiConnect said in a press release. The seven-month-long program claims to have received 1,280 applications from 23 states and six union territories and eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups such as Induz which leverages AI tools to automate and unify large-scale enterprise data, while LeanWorx offers cloud-based productivity monitoring systems for the manufacturing sector. Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost. Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries. Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software. CargoFL employs AI-powered logistics solutions to optimize supply chains and improve operational efficiency. Finally, a couple of other startups complete this exceptional cohort. The Velocity Accelerator Program offers startups a comprehensive growth platform. In addition to financial support, the program provides expert mentorship, go-to-market strategies, and access to industry leaders. The program equips startups with the necessary tools and insights to overcome challenges, scale effectively, and seize global opportunities. Founded in 2022, SanchiConnect aims to empower startups by focusing on key areas such as investor outreach, mentorship, and corporate networking. Its deep-tech community platform now features over 3,000 startups, investors, mentors, and corporates, all engaging in networking and learning through an interface. Launched in 2011, YourNest Venture Capital is an early-stage venture capital firm, specializing in deep-tech and enterprise-oriented startups. The firm focuses on identifying and nurturing disruptive technologies in domains such as Artificial Intelligence (AI), Internet of Things (IoT), Robotics, Augmented Reality/Virtual Reality, and cloud-based digital solutions.

Superfone raises $1.9 Mn in pre-Series A round

EntrackrEntrackr · 7m ago
Superfone raises $1.9 Mn in pre-Series A round
Medial

Superfone, an all-in-one business phone and CRM app for SMBs, has raised $1.9 million in its pre-Series A funding round. The round was led by YourNest Venture Capital with an investment of $950,000, along with participation from Ankur Capital, Finsight Seed Fund, and a consortium of angel investors. The funding comes as part of the YourNest-SanchiConnect Velocity Program 2024, an accelerator initiative by YourNest and SanchiConnect to support high-growth startups. The Bengaluru-based company had previously raised $1.84 million from Ankur Capital and others back in July 2021. The proceeds will be used to acquire national-level telecom licences, strengthen its engineering and product teams with key senior hires, and scale its customer acquisition efforts to maximize its reach and impact, Superfone said in a press release. Co-founded in 2021 by Pradeep Dodle and Nikhil Goenka, Superfone aims to empower the landscape of business phone numbers by replacing traditional SIM cards with a fully app-based solution that integrates advanced tools such as CRM, lead management, WhatsApp marketing, and AI-powered agents. This approach addresses the critical communication and operational challenges faced by SMBs, empowering more than 10 million small businesses in India to accelerate growth, enhance customer engagement, and streamline operations. According to Superfone, it leverages a software-first approach to provide SMBs with a powerful, intuitive telecom platform that integrates communication, CRM, and marketing tools to drive growth and efficiency. The company plans to expand globally in the future, eyeing high-growth markets in Southeast Asia (SEA) and Latin America. Superfone claims that it has recently secured a Unified Licence (VNO) with Access Service for the Karnataka telecom circle and a Unified Licence (Audio Conferencing/Audiotex/Voice Mail Service) for Pan-India from the Department of Telecommunications (DoT).

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