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Edge AI startup Edgehax raises Rs 1.39 Cr in Seed round led by IPV

EntrackrEntrackr · 3m ago
Edge AI startup Edgehax raises Rs 1.39 Cr in Seed round led by IPV
Medial

Edge AI startup Edgehax raises Rs 1.39 Cr in Seed round led by IPV Edgehax, a full-stack Edge AI hardware platform, has raised Rs 1.39 crore in a Seed round led by Inflection Point Ventures (IPV). The fresh funds will be deployed to scale up manufacturing, accelerate new product development, and expand market access across India and international markets including Singapore, the US, and Europe. Founded in 2025 by Prabhu Stavarmath and Savitri Patil, Edgehax builds modular Edge AI computing platforms that combine compute, connectivity, and storage on a single board. Its hardware has already found applications in industrial gateways, humanoid robots, autonomous vehicles, drones, defense systems, and NavIC-based tracking solutions. The startup has already partnered with over 150 startups, OEMs, and large enterprises, and has enabled 100,000 students and faculty across 30 universities and IITs through its developer kits. The brand claims to have already shipped over 5,000 edge gateway boards and plans to roll out 10,000 compute modules for consumer appliances by December 2025. Edgehax operates in a domain similar to global players such as Raspberry Pi, Nvidia Jetson, Google Coral, and Qualcomm’s AI boards.

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Edgehax raises Rs 1.39 Cr in seed round from IPV

EntrackrEntrackr · 2m ago
Edgehax raises Rs 1.39 Cr in seed round from IPV
Medial

Edgehax, an Edge AI computing startup, has raised Rs 1.39 crore in seed funding from Inflection Point Ventures (IPV). The proceeds will be used to scale manufacturing, accelerate new product development, and expand into international markets including Singapore, the US, and Europe. Founded in 2025 by Prabhu Stavarmath and Savitri Patil, Edgehax builds modular edge hardware that combines compute, connectivity, and storage on a single board. Its platform enables startups, OEMs, and enterprises to develop hardware products faster without relying on overseas supply chains. Edgehax is already serving over 150 enterprises and has distributed developer kits to more than 100,000 students and faculty across 30 universities and IITs, contributing to India’s skilling ecosystem. The startup’s hardware is applied in industrial gateways, autonomous vehicles, humanoid robots, drones, defense systems, and 4G/5G connectivity. Its in-house DvarOS supports industrial edge gateways. Recently, Edgehax won the NXP Silicon Seeds Startup Program 2025 to build low-cost Edge AI compute modules for automotive and consumer IoT and also secured the MeitY Bhashini Startup Velocity 1.0 award. Edgehax competes with global players like NVIDIA Jetson, Qualcomm Robotics RB5, and Raspberry Pi.

ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV

EntrackrEntrackr · 18d ago
ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV
Medial

ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV EV charging startup ACS Energy has raised Rs 1.1 crore (around $132K) in a pre-seed funding round led by Inflection Point Ventures (IPV). The proceeds will be used to deploy 5,000 UPI-enabled EV charging stations across Maharashtra and Gujarat, and to develop AI-driven energy management systems for high-rise buildings. Founded in 2022 by Jash Sheth and Mihir Bhanushali, ACS Energy is a UPI-enabled EV charging platform, combining hardware and software to make charging more efficient and accessible. Its chargers support two, three, and four-wheelers and integrate with the ACS Pay system, allowing users to complete transactions instantly through UPI. The startup is addressing a major gap in charging infrastructure for high-rise buildings and residential complexes, offering AI-based systems that manage power distribution and reduce energy waste. Currently active in Mumbai, Pune, Surat, Ahmedabad, and Kerala, ACS Energy plans to expand nationwide. As per market research, India’s EV charging market is projected to reach $13 billion by 2032, and ACS aims to be a key player in this growth by enabling seamless, digital-first charging experiences.

Parkobot raises Rs 2.09 Cr in seed round led by IPV

EntrackrEntrackr · 4m ago
Parkobot raises Rs 2.09 Cr in seed round led by IPV
Medial

Snippets Parkobot raises Rs 2.09 Cr in seed round led by IPV IoT-based parking startup Parkobot has raised Rs 2.09 crore (around $243K) in a seed round led by Inflection Point Ventures (IPV), with participation from high-net-worth individuals. The funding will be used to expand infrastructure, enter new markets, enhance backend operations, and diversify its product portfolio. Founded by Amrit Choudhury, Raj Kumar Bihani, and Animesh Mukherjee, Parkobot is currently in stealth mode as it lays the groundwork for scale. It offers a tech-enabled solution that allows users to monetize their private parking spaces through an IoT-powered smart parking space barrier integrated with the Parkobot mobile app. It operates as a real-time, on-demand platform by enabling hourly rentals of unused spots. The platform currently manages over 20,000 bookings each month and is built on a proprietary tech stack that includes scalable IoT devices and an in-house Parking Management System (PMS). It supports automated, pre-booked parking experiences with minimal manual intervention. The startup has already deployed its smart barriers at key high-traffic locations and aims to reduce urban congestion by optimizing underutilized parking spaces.

Mobility startup Pumpumpum raises Rs 2 Cr led by IPV

EntrackrEntrackr · 1y ago
Mobility startup Pumpumpum raises Rs 2 Cr led by IPV
Medial

Fintech mobility startup Pumpumpum has raised Rs 2 crore in a new round led by Inflection Point Ventures (IPV). Previously, the startup had raised $2 million in equity from LC Nueva Investment Partners, Founders Room Capital, LetsVenture and others in June 2022. The proceeds will be used for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development. Founded in 2018 by Tarun lawadia and Sameer Kalra, PumPumPum works in B2B2C & B2C pre-owned car leasing model. It offers a subscription-based platform that prioritizes consumer convenience, flexibility, and affordability. Through the integration of technology and data analytics, the firm delivers an easy and personalized experience for accessibility and convenience. Earlier this month, IPV invested in edtech startup MyCaptain in its Rs 14 crore (approximately $1.7 million) new round. Its recent investments include BonV Aero, AllTrak, Onedioss, among others.

Pontaq invests Rs 5.5 Cr in Dweepi and Edgehax

EntrackrEntrackr · 7d ago
Pontaq invests Rs 5.5 Cr in Dweepi and Edgehax
Medial

Pontaq Ventures has invested Rs 5.5 crore (around $660K) in two Indian deeptech startups, Dweepi and Edgehax. The capital will support product development, tech expansion, and enterprise deployment as both companies scale in India and global markets. This marks Pontaq’s second round of investment in both startups. Headquartered in Chennai, Pontaq has backed more than 190 startups, including over 140 DeepTech ventures across India and the UK. The firm invests in AI, IoT, edge computing, robotics, enterprise automation, and other frontier technologies while offering portfolio companies market access and strategic support across cross-border corridors. Dweepi builds robotic track-inspection systems for railways. Its platform uses automation and AI to scan tracks and support predictive maintenance workflows for safety-critical infrastructure operators. Edgehax develops Edge AI computing platforms that integrate compute, connectivity, and storage into modular systems. The company works with enterprises to power real-time automation, AI workloads, and distributed intelligence at the edge. The investment will be used by Dweepi and Edgehax to strengthen engineering teams, expand deployments, and enhance technology stacks to target broader enterprise adoption. Pontaq operates across the UK–India corridor with additional exposure to the US and Canada. The fund backs companies across clean tech, health tech, fintech, and deep tech, and provides access to global markets along with hands-on operational guidance.

Travel tech startup The Tarzan Way raises Rs 2 Cr led by IPV

EntrackrEntrackr · 5m ago
Travel tech startup The Tarzan Way raises Rs 2 Cr led by IPV
Medial

Noida-based AI-powered travel tech startup The Tarzan Way has raised Rs 2 crore (around $233K) in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Your Trips Limited (UK), PhysicsWallah Founder Prateek Maheshwari, and several angel investors. The funds will be allocated towards product development (35%), operations (25%), marketing (20%), HR/admin (15%), and miscellaneous functions (5%). Founded in 2020 by Shikhar Chadha and Shivank Tripathi, The Tarzan Way uses AI to create hyper-personalised travel experiences, enabling users to plan custom itineraries in seconds. With its new “Exploration App” set to launch soon, the company aims to streamline travel planning by offering an AI-backed booking engine, one-click bookings, and 24x7 concierge support. The platform claims to have clocked Rs 13.5 crore in gross booking value, with a 300% YoY revenue jump and 70% MoM user growth. The brand has over 35,000 social followers and 10 million+ content views. Backed by a growing market for personalised travel, the expansion of India’s tourism sector is expected to touch $512 billion by 2028.

Cureous Labs raises Rs 1.66 Cr in seed round

EntrackrEntrackr · 3m ago
Cureous Labs raises Rs 1.66 Cr in seed round
Medial

Cureous Labs raises Rs 1.66 Cr in seed round Bengaluru-based medical technology startup Cureous Labs has raised Rs 1.66 crore in a seed round led by Inflection Point Ventures (IPV), with participation from Anthill Ventures. The proceeds will be used to manufacture the first batch of its flagship product Eturnal, build inventory, expand its sales and business development team, launch its first disinfection centre, and complete product safety testing and certifications. Cureous Labs also plans to expand its portfolio for B2B customers in India. Founded by Asish Mohandas, Cureous Labs develops automated patient repositioning systems to prevent pressure injuries and improve caregiver efficiency. Priced at one-fifth of international alternatives, the device is designed for hospitals, rehabilitation centres, and home care. According to the company, it has already logged over 30,000 hours of use and more than 14,000 automated patient turns. As per market research, the global market for elderly and bedridden patient care is valued at $277 billion. In India, the total addressable market is $8.34 billion.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 3m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

Almonds Ai raises Rs 16 Cr in Seed funding round

EntrackrEntrackr · 9m ago
Almonds Ai raises Rs 16 Cr in Seed funding round
Medial

url: https://entrackr.com/snippets/almonds-ai-raises-rs-16-cr-in-seed-funding-round-8720730 Content: Almonds Ai, a channel loyalty and rewards platform, has raised Rs 16 crore (nearly $1.9 million) in a seed funding round co-led by promoters of Haldiram’s and JITO Incubation and Innovation Foundation (JIIF). The round also saw participation from Venture Catalysts, Ever Grow Capital, Nine ALPS, and other investors such as Hemant Jain and OfBusiness co-founder Nitin Jain. The proceeds will be utilized to accelerate R&D initiatives, expand the team, and enhance product offerings, Almonds Ai said in a press release. Co-founded in 2020 by Abhinav Jain and Apurv Modi, Almonds Ai aims to redefine how brands engage with their distribution networks through cutting-edge AI technology, enhancing engagement, education, and rewards for retailers, dealers, and influencers. Almonds Ai states that its flagship Channelverse ecosystem and green loyalty programs aim to create an impact in AI-driven loyalty management and sustainability, enabling businesses to build deeper, data-driven relationships with their distribution networks. The Gurugram-based company claims to have 100 distribution-led organizations and a network of 6 million channel partners, including retailers, dealers, and professionals such as drivers, painters, and mechanics. Almonds Ai asserts that its AI-powered platform will play a crucial role in optimizing sales channels, improving partner engagement, and driving customer retention across sectors.

Proptech startup Spintly raises Rs 3.5 Cr in extended seed round

EntrackrEntrackr · 10m ago
Proptech startup Spintly raises Rs 3.5 Cr in extended seed round
Medial

Proptech startup Spintly has raised Rs 3.5 crore in an extended seed funding round led by Spyre VC, along with participation from Accel India, Chakra Growth Fund, Alumni Ventures, and Doctor Technology. The company had previously raised $5.36 million from Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest. The proceeds will be utilized to accelerate its market reach, increase its presence in different countries, strengthen senior management functions, and expand the scope of its smart building solutions by leveraging AI and machine learning, Spintly said in a press release. Co-founded in 2017 by Rohin Parkar and Malcolm Dsouza, Spintly leverages cutting-edge technologies to empower the way buildings operate by providing wireless, cloud-based access control solutions and smart building systems. With a focus on simplicity, scalability, and innovation, it eliminates the need for legacy systems by leveraging IoT, Edge AI, and smartphone-based technology to create seamless and efficient user experiences.

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