🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Inc42 · 11m ago

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Gnani.ai, an AI customer experience platform, has secured INR 25 Cr ($3 Mn) in funding from investor Info Edge. The startup plans to utilize the funds to enhance its operations and boost sales. Founded in 2017, Gnani.ai offers an automated virtual assistant called 'Automate365' that facilitates conversational automation.

1

Related News

InfoEdge sees blockbuster returns on early-stage bets in Zomato, Policybazaar

YourStory

YourStory · 2m ago

InfoEdge sees blockbuster returns on early-stage bets in Zomato, Policybazaar

Info Edge has reaped significant returns from its early investments in Zomato and Policybazaar, with their combined market cap exceeding Rs 2.5 lakh crore. The company's current portfolio is valued at Rs 36,855.40 crore, delivering a 36% gross internal rate of return. Info Edge's investment strategy spans four phases, including launching the Info Edge Venture Fund, and focuses on promising startups like BlueStone, TrueMeds, Geniemode, and InPrime, anticipating these to achieve notable growth in the future.

Bachatt bags ₹34 crore funding from Lightspeed, Info Edge Ventures

Inshorts · 2m ago

Bachatt bags ₹34 crore funding from Lightspeed, Info Edge Ventures

Fintech startup Bachatt has raised over ₹34 crore in a seed funding round co-led by Lightspeed and Info Edge Ventures. While Lightspeed infused ₹23 crore, $8 crore was infused by the Sanjeev Bikhchandani-led VC firm. The round saw Urban Company cofounder Abhiraj Bhal, L&T Finance Sunil Prabhune, OYO COO Abhinav Sinha and CSO Maninder Gulati join the startup table.

How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

VCCircle

VCCircle · 8m ago

How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

Indian private equity firm Xponentia Capital Partners and two international venture capital firms are set to benefit from their investments in Easy Home Finance Ltd. The mortgage lender recently raised fresh funding, adding new investors to its cap table. This development presents a positive upside for Xponentia and the offshore VCs involved.

Temasek-backed Shiprocket in talks for fresh funding ahead of listing

VCCircle

VCCircle · 1y ago

Temasek-backed Shiprocket in talks for fresh funding ahead of listing

Shiprocket, a logistics unicorn, backed by Temasek and other investors, is reportedly in talks for fresh funding ahead of its planned IPO. The company is said to be considering an internal round of funding as it progresses towards filing the initial public offering. Shiprocket has garnered support from prominent investors like Info Edge, Lightrock, Bertelsmann India, and Temasek.

Exclusive: Elevation Capital to lead $5 Mn round in Rumik.ai

Entrackr

Entrackr · 1m ago

Exclusive: Elevation Capital to lead $5 Mn round in Rumik.ai

Exclusive: Elevation Capital to lead $5 Mn round in Rumik.ai Rumik has developed Ira, an AI system built to analyze emotion, understand user intent, and converse in languages such as Hinglish, Bangla, and Marathi. Conversational AI platform Rumik.ai is raising a new round led by Elevation Capital with participation from existing investors, according to two people aware of the matter. "Rumik recently raised $1.5 million from Info Edge, and Elevation is now leading a fresh $5 million in a new round," said a person who requested anonymity, as the details of the deal aren’t public. Sources also indicated that Huddle Ventures and Info Edge invested in April and both are likely to participate in the new round as well. Incorporated in April 2024, Rumik AI focuses on providing its conversational AI platform to enterprises. It has developed Ira, an AI system built to analyze emotion, understand user intent, and converse in languages such as Hinglish, Bangla, and Marathi. The company emphasizes that Ira does more than just process data. It forms memories and experiences to develop human-like intelligence, aiming to bridge the gap between robotic responses and genuine understanding. “The term sheet has been signed, and the money is likely to move soon,” said a second source who requested anonymity. “Given the recent investor interest in conversational AI and speech recognition, Rumik may be targeting a valuation in the range of $25–30 million.” Queries sent to Elevation, Rumik, Info Edge and Huddle did not elicit a response by the time of publication. Last month, Elevation Capital led a $6 million seed funding round in Agentic AI startup Adopt AI, which also features a conversational AI interface that executes tasks using natural language. In December 2024, the venture capital firm appointed former Meta executive Krishna Mehra as a partner to lead investments in software-as-a-service (SaaS) and AI.

Drug Discovery to Spacetech: Here Are Info Edge’s 18 Deeptech Startup Investments

OutlookIndia

OutlookIndia · 3m ago

Drug Discovery to Spacetech: Here Are Info Edge’s 18 Deeptech Startup Investments

Info Edge, an Indian company, has invested in 18 deep tech startups across various domains like spacetech, drug discovery, and robotics. These investments reflect Info Edge's focus on ventures with significant research and development, long gestation periods, and high impact potential. Despite challenges in funding timelines and commercialization, Info Edge remains committed to supporting deep tech from its balance sheet, aiming to bridge the gap between scientific breakthroughs and market readiness in India.

Google reinstates Info Edge apps, including Naukri and 99acres on Play Store

Economic Times

Economic Times · 1y ago

Google reinstates Info Edge apps, including Naukri and 99acres on Play Store

Info Edge India's flagship apps, including Naukri, 99acres, and Naukri Gulf, which were removed from the Google Play Store, have been reinstated. Info Edge India founder Sanjeev Bikhchandani credited the swift action to the efforts of the Info Edge team. Google recently took action against 10 Indian companies for non-compliance with billing policies, which has caused opposition from app developers. Info Edge India had been reviewing and evaluating the situation while working with Google to restore the apps.

Private companies not chasing profitability are only 'postponing the trouble': Info Edge’s Sanjeev Bikhchandani

Money Control

Money Control · 1y ago

Private companies not chasing profitability are only 'postponing the trouble': Info Edge’s Sanjeev Bikhchandani

Sanjeev Bikhchandani, Founder & Vice Chairman of Info Edge India, states that non-listed companies that are focused on growth and not profitability are simply delaying the inevitable. He highlights the tighter availability of funding and the need to manage with existing resources. Bikhchandani also mentions that private investors are now emphasizing the importance of profitability before providing further funding. However, Info Edge plans to maintain its stakes in Zomato and PBFintech, as it expects further growth in these companies.

Malabar, White Oak bet on healthcare marketplace at $120 mn valuation

VCCircle

VCCircle · 7m ago

Malabar, White Oak bet on healthcare marketplace at $120 mn valuation

Malabar Investments and Whiteoak Capital have invested around $10 million in a healthcare marketplace, valuing it at $120 million. The asset management firms are joining the cap table through a private equity-style fresh allotment of securities. Malabar Investments and Whiteoak Capital are both India-focused asset managers with public market alternative investment funds.

When your cap table makes your startup uninvestable

TechCrunch · 1y ago

When your cap table makes your startup uninvestable

A Norwegian hardware startup is facing difficulty in raising funding due to an imbalanced capitalization table (cap table). The company has given up over two-thirds of its equity to raise $3.3 million, making it uninvestable for prospective investors. The issue arises when investors take a significant portion of the company's equity, leaving founders with little ownership and fewer incentives to continue giving their best. Fixing the cap table by returning ownership to the founders would require significant effort but could potentially make the company more attractive to investors. However, finding new investors willing to commit to such changes can be challenging.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Meta acquires voice startup Play ...

Perplexity’s CEO on why the brows ...

Lovable becomes a unicorn with $2 ...

Download the medial app to read full posts, comements and news.