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News on Medial
GreenStitch bags $1.2 Mn in seed round
Entrackr
·
6m ago
Medial
GreenStitch, a sustainability-focused SaaS platform designed for the fashion and textile industry, has raised $1.2 million in its seed round led by Equirus InnovateX Fund, with participation from Ivycap Ventures, Warmup Ventures, and Zeca Ventures. The round also saw participation from climate and fashion experts and entrepreneurs like Anshuman Bapna (founder, Terra.do), Sumit Jain (CTO, Zalora), Pankaj Vermani (founder, Clovia), Amit Kumar (founder, Nobroker), Senthil Sankar (founder, Ecoline) has also invested in this round. The proceeds will be used to strengthen its team and product and build a database for fashion and textiles. Founded by Narendra Makwana and Arpit Samdani, GreenStitch integrates directly with enterprise ERP and PLM systems, consolidating information from multiple supply chain tiers, identifying data gaps, and using AI and machine learning to fill missing details. This ensures reliable Scope 3 GHG calculations, even with incomplete datasets, while also identifying ESG risks in the supply chain. In addition to data-driven emissions tracking, GreenStitch offers tools for decarbonization and predictive modeling. These tools enable companies to evaluate how design choices and supplier decisions impact carbon emissions—helping businesses adopt proactive sustainability strategies before production begins.
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Climate tech startup GreenStitch raises $1.2 million from Equirus InnovateX Fund, others
Economic Times
·
6m ago
Medial
Climate tech startup GreenStitch has secured $1.2 million in funding led by Equirus InnovateX Fund, with support from Ivycap Ventures, Warmup Ventures, Zeca Ventures, and angel investors. The funds will enhance team expansion and product development. GreenStitch helps fashion and textile industries comply with emerging climate regulations by streamlining supply chain data and employing AI for decarbonization and predictive modeling. Currently, it serves over 20 customers across six countries, aiming to expand its client base significantly.
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Gyaan AI bags $7.8 mn, rebrands to MaxIQ
Inshorts
·
5m ago
Medial
Agentic AI startup Gyaan AI has rebranded itself as MaxIQ and also raised about $7.8 mn in a seed funding round led by Dell Technologies Capital, along with participation from Intel Capital. The Pune-based startup will use the fresh capital to scale operations, boost product innovation and expand its leadership team.
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Reo.Dev Bags Funding To Provide Sales Intelligence
Inc42
·
1y ago
Medial
Marketing stack provider Reo.Dev has raised $1.2 million in a pre-seed funding round led by India Quotient. The startup, founded by Achintya Gupta, Gaurav Jain, and Piyush Agarwal, aims to use the capital to accelerate product development and scale up its intel and AI capabilities. Reo.Dev offers an AI-powered marketing stack for developer-focused companies, decoding developer activities and intent signals to help businesses shape their sales strategy. The company already has a global customer base, including open-source companies like Lightbend, Unleash, and Outerbonds.
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UnifyApps Bags $20 Mn To Expand Its AI Enterprise Play
Inc42
·
9m ago
Medial
Former SVP of sales at Sprinklr, Haitham ElKhatib, has joined UnifyApps as cofounder and chief revenue officer. UnifyApps is a company that automates workflows and connects different applications efficiently. In May, the startup raised $11 million in a seed funding round led by Elevation Capital.
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Sparkl Edventure bags $4 mn from Zomato, Zerodha founders
Inshorts
·
7m ago
Medial
Edtech entrepreneur Aakash Chaudhry's Sparkl Edventure has raised $4 million in seed fundraise from Nithin Kamath's Rainmatter Foundation and Zomato's Deepinder Goyal. The equity round was raised just months after Sparkl Edventure launched its platform in October, which offers one-on-one online tutoring classes to students from classes 6 to 12.
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Juice brand Alienkind raises $1.2 Mn in Seed round
Entrackr
·
4m ago
Medial
Juice brand Alienkind raises $1.2 Mn in Seed round Juice brand Alienkind has raised $1.2 million in a Seed funding round at a valuation of $10 million led by notable industry veterans, including Super.money founder Prakash Sikaria, Ravi Iyer, Arpan Sheth, and others. The proceeds will be utilized for its expansion and scale footprint across key metropolitan cities in India as part of its first phase of growth, Alienkind said in a press release. Co-founded in 2024 by Vikram Kakkireni and Abhishek Kumar, Alienkind is a next-generation juice bar that aims to empower the juice ecosystem. The brand aspires to become an extension of its consumers’ personalities, fostering a community that values authenticity and innovation. Since its launch, Alienkind states that it has quickly gained nationwide attention by redefining the Indian Quick Service Restaurant (QSR) segment with its unique value proposition, competitive pricing, and strategic brand positioning.
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TapFin Bags 4 Mn From Elevar Capital
Inc42
·
1y ago
Medial
Indian green financing startup TapFin has secured $4m in a seed funding round from Elevar Equity. TapFin offers financing, value-added services and income-generation opportunities for key players in the clean mobility sector. The funds will be used to support the company's growth plans, expand its market reach and enhance its technology and data capabilities. Founded last year, TapFin's platform facilitates connections between market participants and aims to empower small and medium-sized enterprises to embrace sustainability and enhance their economic potential.
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Atomgrid Bags Funding To Boost Specialty Chemicals Export
Inc42
·
1y ago
Medial
Atomgrid, a startup specializing in the manufacturing and sourcing of specialty chemicals, has raised INR 10 crore (approx. $1.2 million) in a seed funding round. The funding was led by Merak Ventures and saw participation from Dexter Ventures, Upsparks, Point One Capital, and UniCards’ founders Nitin Gupta and Prateek Jindal. Atomgrid plans to use the funds to expand its in-house R&D infrastructure, increase global outreach, build a supply chain tech platform, and hire teams across various functions. The startup aims to position itself as a hub for specialty chemicals and accelerate exports from India.
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MapMyCrop bags $1.8 Mn in seed round
Entrackr
·
5m ago
Medial
MapMyCrop bags $1.8 Mn in seed round Farm management software MapMyCrop has raised $1.8 million in a seed funding round led by YourNest Venture Capital along with participation from other angel investors, including Eaglewings Ventures. The funding comes as part of the YourNest-SanchiConnect Velocity Program 2024. The startup had previously raised an undisclosed amount in the same round from Startup Wise Guys and others. The proceeds will be used to expand operations, close pilot orders, strengthen the sales & operations team, and advance the platform’s technology, MapMyCrop said in a press release. Launched in 2021 by Swapnil Jadhav and Rajesh Shirole, MapMyCrop is a first 360-degree imagery agro suite, centralising critical agricultural data into a single, user-friendly platform. The platform aims to make precision farming accessible to farmers of all scales. It combines satellite imagery, IoT, and AI-driven insights to help farmers and enterprises monitor, predict, and optimise crop health with unmatched precision. MapMyCrop states that it currently supports over 4.7 million farmers globally and collaborates with organisations such as the US FDA on crop monitoring and sustainability initiatives. It is also planning to launch new solutions, including an AI-based farm credit score tool and a dedicated forest monitoring system. MapMyCrop aspires to penetrate emerging markets in Africa, Latin America, and Southeast Asia while deepening its presence in the US and Europe. The company is also working on localised solutions for different regions, addressing specific agricultural challenges with tailored AI-driven insights. According to market research, the agritech market is estimated to reach $45 billion globally by 2028. MapMyCrop claims to be a first complete 360-degree imagery agro suite, which includes five suites: onboarding, crop monitoring, detection, prediction, and sustainable agriculture add-ons. Its onboarding suite offers automated crop field boundary delineation, crop type detection, and a historical data repository for easy land use comparison.
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GenAI SaaS SiftHub Bags $5.5 Mn From Matrix Partners, Others
Inc42
·
1y ago
Medial
SaaS startup SiftHub, founded by LogiNext's Manisha Raisinghani, has raised $5.5 million in a seed funding round led by Matrix Partners India and Blume Ventures. The enterprise tech platform leverages large language models to help companies generate personalized responses to queries received by sales and pre-sales teams. The funding will support the development and growth of SiftHub's AI platform. The enterprise tech sector continues to attract significant funding, with $305 million secured across 28 deals in Q1 2024.
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