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FireAI raises early-stage funding from IPV, VCats, and SucSEED Indovation

EntrackrEntrackr · 1m ago
FireAI raises early-stage funding from IPV, VCats, and SucSEED Indovation
Medial

FireAI raises early-stage funding from IPV, VCats, and SucSEED Indovation AI analytics platform FireAI has closed investments for its first two rounds—pre-seed and seed. The startup has also launched a mobile decision intelligence app. The company raised a total of Rs 6.2 crore (about $800K) from several venture capital firms, including Inflection Point Ventures, Venture Catalyst, and SucSEED Indovation Fund. Notably, SucSEED Indovation Fund invested Rs 1 crore as part of the round. The proceeds will be used to enhance mobile decision intelligence capabilities, scale infrastructure and data security, accelerate enterprise adoption, and expand international footprints, FireAI said in a press release. Launched in 2024 by Vipul Prakash, FireAI aims to empower businesses through data by providing actionable insights for decision-making. The company’s proprietary FireAI LLM Stack and agentic AI ecosystem help businesses ask questions in natural language and receive answers in real time. The platform enables businesses to self-serve while supporting them with an Analyst-as-a-Service offering for deeper strategy. According to the Mumbai-based startup, it has launched a mobile decision intelligence application—a category-defining innovation designed to deliver instant, decision-ready insights. The app is available for download on Android devices via the Google Play Store and will be released on iOS shortly. International versions of the app are also in development. FireAI said users will be able to ask questions about their business information in any language, receive immediate AI-powered feedback, and view key KPIs on their mobile devices. The company projects revenues of Rs 9–12 crore from Indian customers and Rs 15–20 crore from international markets over the next two to three years. FireAI claims its app can reduce decision turnaround time for CXOs by up to 80–90% by delivering business insights directly to smartphones and increasing leadership engagement with real-time data.

Spintly raises $8 Mn from Accel, ENRISSION India and others

EntrackrEntrackr · 20d ago
Spintly raises $8 Mn from Accel, ENRISSION India and others
Medial

Spintly raises $8 Mn from Accel, ENRISSION India, and others Proptech startup Spintly has raised undisclosed funds from ENRISSION India Capital as part of its $8 million Series A round. The round was led by Accel, with participation from Chakra Growth Fund, Alumni Ventures, and Spyre VC. The brand had previously raised Rs 3.5 crore in an extended seed funding round led by Spyre VC and others in January last year. Prior to that, it had raised $5.36 million from Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest. The new proceeds will be used to accelerate product development, expand global operations, and strengthen AI capabilities. Spintly is targeting enterprise customers managing access across large commercial spaces and multi-location facilities. Founded by Rohin Parkar, Spintly builds a wireless access control system powered by its proprietary BLE mesh network technology. The platform enables enterprises to deploy access control infrastructure without traditional wiring, reducing installation time and retrofit complexity. The system also supports secure access management and local log storage during power outages. Spintly operates across India, the Middle East & Africa, and the United States. The firm combines wireless hardware infrastructure with software-led controls and is integrating AI-driven intelligence into existing camera infrastructure to enhance security analytics for commercial facilities.

Sportstech platform str8bat raises $3.5 Mn in Series A

EntrackrEntrackr · 1y ago
Sportstech platform str8bat raises $3.5 Mn in Series A
Medial

Sportstech platform str8bat has raised $3.5 million (about Rs 29.4 crore) in a Series A funding round led by Exfinity Venture Partners, with participation from TRTL, Eternal Capital, and VCats Group, along with existing investors Techstars and SucSEED Indovation Fund. The Bengaluru-based company had previously raised $517K from its existing investors and others. The proceeds will be used to boost training and performance tracking for athletes, particularly cricketers, str8bat said in a press release. Co-founded in 2017 by Gagan Daga, Rahul Nagar, and Madhusudan R, str8bat develops sensor-based wearables for cricket. Its product analyzes the stance of the batsman, the type of shot, and movements using an AI engine. The platform also claims to enable users to connect with top-notch coaches globally. str8bat has served clients like Rajasthan Royals, Cricket Australia, and SG Cricket, and it has partnered with SG Cricket to introduce the “world’s first smart willow.” This cricket bat, equipped with an IoT device, delivers advanced shot tracking without the need for cameras, enabling players at all levels to access actionable insights and performance recommendations. str8bat reports that it has recorded over a couple of million shots, with around 400 elite-level players currently using its platform. It aspires to have over a million players within five years. Other sportstech platforms in India include Rooter, SportJacks, Worldstage, Sportvot, Joybox Active, KheloMore, and others.

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