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Event Planet Technologies raises $250K in angel round

Entrackr

Entrackr · 1h ago

Event Planet Technologies raises $250K in angel round

Event Planet Technologies raises $250K in angel round Event Planet Technologies has raised $250,000 in angel funding from the U.S.-based investor Virendra Prasad, valuing the company at Rs 30 crore. The funds will be used to expand into South Asia, the Middle East, and Europe. It will also strengthen vendor partnerships, scale operations, and improve its technology platform to increase automation, standardisation, and reliability across event categories. Founded by Rohit Yagya, Event Planet aggregates event and wedding services through a package-based model that simplifies planning for users in India and abroad. Event Planet currently operates in 32 cities in India and 8 international markets, with demand growing among overseas Indians planning destination celebrations. Based in Lucknow, Event Planet helps users plan events through curated and customizable packages. It partners with verified vendors and venues to offer complete solutions for celebrations and corporate events. The company operates across India and key international markets.

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Logistiex raises $250K in bridge round

Entrackr

Entrackr · 1y ago

Logistiex raises $250K in bridge round

New-age e-commerce startup Logistiex has raised $250,000 in its bridge round led by PACE Family Office, with contributions from notable angel investors, including Siddhant Khemka. The proceeds will be used to further enhance product development and expand the tech team, Logistiex said in a press release. In July last year, the startup had raised $425K in its pre-seed round. Founded in 2023 by Sarvartha Kanchan and Vineet Agarwal, Logistiex helps sellers manage their e-commerce presence through a single sign-on using the Logistiex Universal Platform. As per the company, the platform currently is in the beta stage and is generating revenue. “Our approach, notably influenced by the founding team and experience in tech and e-commerce, promises innovative solutions like unified seller and fulfillment platforms, aimed at simplifying e-commerce backend in India. We are here to make the sellers find their winning mojo on multi-channel ecommerce business model” said Sarvartha Kanchan. The startup has recently launched the MVP for its fulfillment platform, experiencing a notable spike in system adoption.

Koo founder Mayank Bidawatka’s venture raises $250K in angel round, to be backed by 13 angel investors

Economic Times

Economic Times · 1y ago

Koo founder Mayank Bidawatka’s venture raises $250K in angel round, to be backed by 13 angel investors

Mayank Bidawatka, co-founder of microblogging platform Koo, is launching a new venture called Billion Hearts Software Technologies. He has raised $250,000 in an angel round from 13 investors, including founders of redBus, Ola, InMobi, Myntra, and former CTO of Flipkart. The company is developing a consumer application that aims to address a multibillion-dollar market opportunity globally. The beta version of the product is expected to be launched between December 2021 and January 2022. The team comprises experts in backend, Android, iOS, and machine learning, and they are currently working remotely.

OSSO raises $250K in pre-seed round

Entrackr

Entrackr · 7m ago

OSSO raises $250K in pre-seed round

OSSO, a health startup focused on orthopaedics, has raised $250,000 in its pre-seed round led by Blume Ventures Founders Fund. Sahil Jindal (MD, DS Jindal Group), Akash Gupta (Founder, Zypp Electric), Varun Sheth and Zaheer Adenwala (Founders, Ketto), Brijraj Bhuptani (Founder, SPRY), and Umesh Agarwal (Haldiram’s Family Office) have also participated. Other investors include senior partners from Big 4 firms, healthcare professionals, and industry leaders. The proceeds will be used to expand its operations, enhance its technology, and provide better services to patients. "We are excited to have the backing of such experienced investors who believe in our vision. This funding will help us move closer to our goal of transforming orthopaedic care," said the company’s spokesperson in a LinkedIn post. Founded by Kunal Kishore Dhawan and Avani Shukla, OSSO brings orthopaedics, regenerative medicine, physiotherapy, and sports injury treatments together in one place. It is a modern facility where doctors and specialists work to give patients the best care, quick recovery, and a smooth experience.

Innoviti raises ₹35 crore from existing shareholders in new round

Inshorts · 8m ago

Innoviti raises ₹35 crore from existing shareholders in new round

IPO-bound fintech Innoviti Technologies has raised ₹35 crore in a fresh funding round from existing shareholders, including angel investor and Ola Electric backer Ashutosh Joshi and VC firm Bessemer Venture Partners. The company board passed a special resolution to allot 6,95,871 Series M compulsorily convertible preference shares at a face value of ₹11 each.

Capillary Technologies extends latest funding round, raises $95 million in secondary

Economic Times

Economic Times · 1y ago

Capillary Technologies extends latest funding round, raises $95 million in secondary

Capillary Technologies has raised an additional $95 million in secondary transactions as part of its Series D funding round, extending the total round to $140 million. The funding will provide exits to existing investors and employees. The company is also planning to list on the Indian bourses in the next 18 months. The latest tranche includes an additional $6 million in equity funding from angel investors. Capillary Technologies will use the capital to support its artificial intelligence initiatives, partnerships, and expand further into the US and European markets. The company is said to have an annual revenue run rate of around $75 million.

Boat Planet Raises $1.2M in Seed Funding

Finsmes · 1y ago

Boat Planet Raises $1.2M in Seed Funding

Boat Planet, a St Louis-based marketplace for boat repair and maintenance, has raised $1.2 million in seed funding. The funding round was led by 46VC, with participation from Ascend Venture Capital and Quad 2 Capital. Boat Planet plans to use the funds to further enhance its platform's features and expand its reach across the country. The company connects boat owners with marine professionals, simplifying the process of finding services, obtaining quotes, and making secure payments.

Planet Marathi OTT raises $5 Mn from A & MA Capital USA

Entrackr

Entrackr · 1y ago

Planet Marathi OTT raises $5 Mn from A & MA Capital USA

Marathi OTT platform Planet Marathi OTT has raised $5 million in a new round led by USA-based private equity firm A & MA Capital USA. The platform has also partnered with media-tech company Dcafe to further strengthen its technological capabilities. Planet Marathi OTT, which provides an exclusive platform for Marathi industry talent and stories globally, plans to use the investment to strengthen its content library and technological infrastructure. Founded by Akshay Bardapurkar, Planet Marathi OTT claims to house the largest and most esteemed library of Marathi content on OTT platforms and offers content in various genres, including comedy, romance, politics, family drama, thriller, crime, and satire. Hosting titles across genres like romance, comedy, family drama, politics, crime, thriller, and satire, Planet Marathi OTT is known for content such as Goshta Eka Paithanichi and Raanbaazaar.

Figr leveraging AI in product design process raises $250K from Antler India

IndianStartupNews

IndianStartupNews · 2y ago

Figr leveraging AI in product design process raises $250K from Antler India

Bengaluru-based startup FIGR has secured $250,000 in a pre-seed funding round led by Antler India. FIGR uses AI to streamline the product design process, acting as a co-pilot for design teams. The funds will be used for platform development, expanding the engineering team, and training generative design models. FIGR aims to unify the design process and make it more accessible, with over 30,000 users and 100,000 design research queries already. Antler India sees potential in FIGR's innovative approach to the design discoverability space.

Plant-based home care start-up Happi Planet raises latest funding from Fireside Ventures

Thehindubusinessline

Thehindubusinessline · 1y ago

Plant-based home care start-up Happi Planet raises latest funding from Fireside Ventures

Home care start-up Happi Planet, founded by former P&G executives, has raised a funding round of INR 8.47 crore from Fireside Ventures. The company offers plant-based and toxin-free home care products and aims to expand its offline presence. Happi Planet plans to achieve 10x growth in the next 12 months and aims to gain market share in the home care liquids space. The brand focuses on transparency and sustainability, with all ingredients disclosed on packaging labels and paper carton packaging.

Angel investor Adhvith Dhuddu invests $250K in home décor brand DecorTwist

IndianStartupNews

IndianStartupNews · 2y ago

Delhi NCR-based startup DecorTwist has secured $250,000 in seed funding from angel investor Adhvith Dhuddu. The funds will be used for product line expansion, marketing outreach, and growth into the B2B segment. DecorTwist, founded in 2022, offers a wide range of home products under categories like decor, furniture, and gifting. The startup aims to become a one-stop shop for home decor. Adhvith Dhuddu, CEO of AliveNow, believes in the potential of DecorTwist to revolutionize the industry.

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