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News on Medial
Global Recruitment Firm Redrob raises $4M seed round by Murex Partners and DS & Partners
Startup News FYI
·
1y ago
Medial
Redrob, the global recruitment platform, has raised $4 million in seed funding from Murex Partners and DS & Partners. The company aims to bring AI to every stage of the recruitment process, from candidate search to interviews. Redrob has also launched Redrob Online Skill Tests, allowing companies to quickly assess job applicants' skills without human bias. With the funding, Redrob plans to expand its online testing platform and develop "Redrob Global People Search" to enable sales, networking, and recruitment worldwide. The company's Employer of Record (EOR) product line will also be expanded to support globally distributed companies.
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Related News
Recruitment firm Redrob raises $4 Million seed round by Murex Partners and DS & Partners
OutlookIndia
·
1y ago
Medial
Redrob, a global recruitment platform, has secured $4 million in seed funding from Murex Partners and DS & Partners. The company has also introduced Redrob Online Skill Tests and plans to expand its online testing platform with Redrob Global People Search, which uses AI to organize global people data in a universally understandable format. Redrob aims to address the lack of contextual knowledge in global hiring and sales, helping businesses connect with talent and overcome information gaps. Additionally, Redrob plans to expand its Employer of Record (EOR) product line to support globally distributed companies.
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UnityAI Raises $4M in Seed Funding
Finsmes
·
1y ago
Medial
Nashville-based healthcare technology startup UnityAI has raised $4 million in seed funding. The round was led by Max Ventures, with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, and local healthcare angels. UnityAI employs advanced AI technologies to enhance hospital bed management and improve resource allocation and patient care. The funds will be used to scale operations and expand the company's reach. Founded by three data scientists with backgrounds at HCA, UnityAI is actively working with healthcare providers to implement its solutions.
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Embea Raises €4M in Seed Funding
Finsmes
·
1y ago
Medial
Berlin-based insurtech Embea has raised €4m ($4.8m) in a seed funding round led by Atlantic Labs, with participation from Jamie Hale, Daniel Khachab and Michael Cassau. Embea offers an embedded life insurance platform for digital banks and fintech companies, enabling them to expand their offerings and create an additional revenue stream. The fresh funding will be used to expand the firm's pan-European platform and add new insurance products to its portfolio. Embea aims to make life insurance more accessible to underserved groups while helping its partners generate additional income.
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Nsave gets $4M to enable people from unstable economies open offshore accounts
TechCrunch
·
1y ago
Medial
Fintech firm nsave has raised $4m in a seed funding round co-led by TQ Ventures and Sequoia Capital. The Geneva-based company provides offshore banking services to individuals residing in countries affected by war, unstable banking systems or high inflation. By offering a trusted account abroad, nsave aims to democratise access to offshore banking that has historically been reserved for the wealthy or well-connected few. The fintech start-up partners with regulated banking institutions to provide its service and adheres to strict banking regulations and risk assessment procedures.
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Dubbing Platform CAMB.AI Raises $4M Seed Round Led By Courtside Ventures And Others
Startup News FYI
·
1y ago
Medial
UAE-based AI dubbing startup, CAMB.AI, has secured $4 million in a seed funding round led by Courtside Ventures, TRTL Ventures, Blue Star Innovation Partners, Ikemori Ventures, and Eisaburo Maeda. The funds will be used to accelerate development and expand globally. CAMB.AI utilizes speech AI technology to instantly dub performances in over 100 languages, dialects, and accents, while retaining the original voices and nuances of the speaker. The startup has already served clients such as Major League Soccer, Tennis Australia, and Maple Leaf Sports and Entertainment. It was also used to fully AI-dub Emirati director Nayla Al Khaja's horror film, "Three," making it the world's first multilingual feature film.
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Ninecamp Ventures raises $2 Mn in seed round
Entrackr
·
1y ago
Medial
Ninecamp Ventures, a new generation food and beverage firm, has raised $2 million (Rs 16 crore) in its seed round from notable angels and non-institutional investors. The funding round saw participation from a cohort of esteemed investors, including Mohit Gupta, Gaurav Gupta (former Zomato co-founders), Varun and Ghazal Alagh (founders MamaEarth), Vikram Chopra, Ruchit Agarwal, Mehul Agrawal, Gajendra Jangid (founders Cars 24), Vir Das (comedian, actor), and Divine (musician), Atul Singh (ex-chairman, Coca-Cola Asia Pacific), Dharmil Sheth (co-founder, PharmEasy), Utsav Somani (ex AngelList), Ritesh Kumar (managing director, DS Group), Aaditya Mittal (founder, Punnya). The proceeds will be used to further expand its brand portfolio, acquire prime real estate, onboard talent, and invest in research and development for innovative concepts and products. Founded by Chaitanya Mathur, Ninecamp plans to create brands that align with the evolving market and the aspirations of Indian consumers. The firm envisions introducing a new wave of experiential dining with a key focus on global standard offerings – in product, service, design, and ingredients, crafting brands for India and from India. For the uninitiated, Mathur had played a pivotal role in establishing Zomato’s live business by creating Zomaland. In April this year, the firm launched its first restaurant, Marièta, a Latin American-inspired restaurant and agave-forward bar, at Two Horizon Center, Gurugram.
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Blue collar recruitment platform Vahan raises $10 Mn in Series B
Entrackr
·
10m ago
Medial
Blue collar recruitment platform Vahan.ai has raised $10 million in its Series B funding round led by Khosla Ventures. The round also saw participation from Y Combinator, US-based VC firm Gaingels, and Paytm founder Vijay Shekhar Sharma. In September 2021, the Bengaluru-based startup had raised $8 million in a Series A round led by Khosla Ventures. Vahan was a part of Airtel’s Startup Accelerator Program and the telecom giant also picked up an 8.82% stake in the Madhav Krishna-led firm in October 2019. The fresh funds will be used to develop AI recruitment technology that supports eight major Indian languages, Vahan said in a press release. Currently, Vahan’s AI recruiter conducts interviews in English and Hindi. It also plans to expand into industries such as manufacturing and retail. Since its launch in 2016, Vahan claims to have recruited over 500,000 workers in more than 480 cities with leading companies such as Zomato, Swiggy, Flipkart, Zepto, Blinkit, Amazon, Rapido, and Uber. With over 25,000 recruits each month, Vahan reduces costs and turnaround time for recruitment. For the fiscal year ending March 2023, Vahan reported Rs 29.7 crore in operating revenue with a loss of Rs 17.71 crore. While the firm has yet to file its annual report for FY24, it expects to grow 2X or more in FY25. In the blue-collar recruitment sector, Vahan had faced initial competition from the likes of Baba Jobs and Aasaan Jobs. However, both struggled to grow and eventually merged with Quikr and OLX in 2017 and 2019, respectively. Tiger Global-backed Apna, which became a unicorn in 2021, emerged as a major competitor after the pandemic.
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Frontend dev tools startup Kombai raises $4.5M in a seed round led by Stellaris, others
IndianStartupNews
·
1y ago
Medial
Kombai has raised $4.5 million in a seed funding round led by Stellaris Venture Partners and Foundation Capital. The fund round also witnessed participation from several other investors.
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OSSO raises $250K in pre-seed round
Entrackr
·
4m ago
Medial
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.
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Mayank Bidawatka, who built India’s Twitter rival Koo, raises $4M for his new startup Billion Hearts
Financial Express
·
8m ago
Medial
Mayank Bidawatka, co-founder of Koo, has raised $4M in seed funding for his new venture, Billion Hearts Software Technologies. Led by Blume Ventures with support from General Catalyst and others, the startup focuses on a global 'digital consumer product' using deep tech. A beta launch is planned soon. Billion Hearts emphasizes team ESOPs and strategic investor alignment.
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