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Dodo Payments raises $1.1 Mn in pre-seed round

EntrackrEntrackr · 6m ago
Dodo Payments raises $1.1 Mn in pre-seed round
Medial

Dodo Payments raises $1.1 Mn in pre-seed round Fintech startup Dodo Payments has raised $1.1 million in its pre-seed round led by Antler, 9Unicorns, and Venture Catalysts. Nitin Gupta (Uni Cards and PayU), Maninder Gulati (former Oyo CSO/Lightspeed), Raymond Russell (former Chief of Staff at Boom Supersonic), Preethi Kasireddy (former Partner, a16z), and Nishant Verman (former Flipkart CorpDev head) have also participated. The proceeds will be used for several strategic initiatives, including enhancing the technological infrastructure by introducing modules for subscriptions, billing, fraud detection, and risk management. Additionally, Dodo Payments plans to establish local payment rails in over 30 countries, focusing on regions such as the European Union, United Kingdom, Southeast Asia, Middle East, Brazil, and Australia. Founded in 2023 by Rishabh Goel and Ayush Agarwal, Dodo Payments simplifies complexities, enabling merchants to easily accept payments from over 150 countries with success rates exceeding 90%. The platform supports over 25 local payment methods, including Apple Pay, Klarna, Affirm, Cash App, UPI, and all major card networks, and is available in 14 languages, covering 86% of the global population. In its initial phase, Dodo Payments claims to have onboarded over 1,000 merchants across 30 countries and aims to expand this to more than 10,000 merchants globally by the end of the year.

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Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 2m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

Spike AI raises $1.9 Mn in pre-seed round led by Sorin Investment

EntrackrEntrackr · 16d ago
Spike AI raises $1.9 Mn in pre-seed round led by Sorin Investment
Medial

Spike AI raises $1.9 Mn in pre-seed round led by Sorin Investment Spike AI, a startup developing the first autonomous marketing intelligence system, has raised $1.9 million in a pre-seed funding round led by Sorin Investment. Co-investors include Bay Area-based Principal Venture Partners, GSI, and other strategic backers. Spike AI plans to accelerate MAGI’s rollout as a default operating system for marketing, targeting businesses seeking a data-driven alternative to fragmented tool stacks. Founded in 2024 by Deepesh Kumar and Shrestha Pratik, Spike AI replaces fragmented marketing tools and manual guesswork with its MAGI platform, an autonomous, self-driving growth engine. The platform’s adaptive, explainable AI aims to reimagine marketing orchestration much like Salesforce transformed CRM. MAGI continuously analyzes marketing channels, identifies bottlenecks, and deploys real-time improvements across websites, paid media, SEO, email, and influencer campaigns.

Jobizo raises $1.4 Mn led by Alkemi Growth Capital

EntrackrEntrackr · 6m ago
Jobizo raises $1.4 Mn led by Alkemi Growth Capital
Medial

Jobizo raises $1.4 Mn led by Alkemi Growth Capital Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims to complete 10 million job hours over time. Co-founded by Naveen Trehan and Avishek Agarwal, Jobizo is an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. By using its expanding investor network and market expertise, Jobizo aims to create a welcoming environment for the workforce and tackle skill gap issues. Post seed round, Jobizo's growth claims to have grown over 500%, facilitated over 20,000 jobs in India and international countries, and helped fill over 10 million job hours.

Defence-tech startup Ammunic Systems raises $1.1 Mn in seed round

EntrackrEntrackr · 1m ago
Defence-tech startup Ammunic Systems raises $1.1 Mn in seed round
Medial

Defence-tech startup Ammunic Systems raises $1.1 Mn in seed round The proceeds will be channeled towards scaling existing products and building new indigenous defence technologies, Ammunic Systems said in a press release. Defence tech startup Ammunic Systems has raised $1.1 million in a seed funding round co-led by India Accelerator and its multistage VC arm Finvolve. The proceeds will be channeled towards scaling existing products and building new indigenous defence technologies, Ammunic Systems said in a press release. Launched in September 2024, Ammunic Systems is a defence R&D firm focused on the design and development of weapon systems with core competence in advanced electronic fuzes, warheads, and munition integration technologies. The startup aspires to become a next-generation defence and aerospace innovator. The Bengaluru-based startup aims to empower defense with precision and safety and to pioneer tomorrow's warheads for global security. It is committed to providing services that exceed client expectations and help them achieve their business goals. It focuses on research, design, development, and production of new generation weapon systems for current and future warfare. Priyanka Singhal, founder of Ammunic Systems, said, “This investment from India Accelerator is not just capital; it is a vote of confidence in a mission we have poured our hearts into. At Ammunic Systems, we are not just building defence technologies; we are building belief — that India can lead from the front in securing its own future." India Accelerator and Finvolve boast a strong portfolio of defence tech companies including IG Drones, Indrajaal, Zulu Defence, and others.

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