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Hexalog Bags $4 Million Seed Funding Round Led by ENRISSION INDIA CAPITAL

StartupTalky

StartupTalky · 2m ago

Hexalog Bags $4 Million Seed Funding Round Led by ENRISSION INDIA CAPITAL

Hexalog, an AI-powered cross-border supply chain enablement company, secured $4 million in seed funding led by Enrission India Capital, with participation from others. The funding aims to enhance Hexalog's technology, focusing on a scalable, data-driven logistics platform. The company intends to expand its presence in key regions like the Middle East and Southeast Asia, addressing the need for predictable and transparent logistics solutions. Hexalog leverages technology to simplify cross-border trade for businesses, especially SMEs.

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Hexalog bags $4 Mn in seed round led by ENRISSION INDIA CAPITAL

Entrackr

Entrackr · 2m ago

Hexalog bags $4 Mn in seed round led by ENRISSION INDIA CAPITAL

Hexalog bags $4 Mn in seed round led by ENRISSION INDIA CAPITAL Cross-border supply chain enablement company Hexalog has raised $4 million in a seed funding round led by ENRISSION INDIA CAPITAL along with participation from Mount Judi Ventures, Action Tesa Family Office, Bajaj Ventures, Nandan Growth Fund and other angel investors like Saurabh Deep Singla, Sumit Jalan, Amit Tyagi & Nitin Sethi. The fresh funds will be deployed towards strengthening its technology capabilities, with a focus on building a scalable, reliable, and data-driven orchestration layer for cross-border logistics, Hexalog said in a press release. Co-founded in February 2024 by Dibyanshu Tripathi, Utkarsh Tripathi, Vineet Malik and Shobhit Singh, Hexalog is an AI-led 4PL full stack orchestrator company specializing in end-to-end cross-border trade solutions. The startup’s AI-driven orchestration layer turns cross-border logistics from a fragmented, reactive process into a predictable, coordinated execution workflow. According to the Gurugram-based startup, it orchestrates the entire cross-border logistics lifecycle from order confirmation and documentation readiness to customs clearance, line haul, and final delivery ensuring continuity across every step. Hexalog focuses on digitising and orchestrating the end-to-end cross-border supply chain. By combining technology, data intelligence, and deep domain expertise, the company delivers integrated, transparent, and reliable logistics solutions for global trade. Hexalog plans to accelerate its go-to-market efforts across key international trade corridors, particularly the Middle East and Southeast Asia. The expansion is aimed at addressing the growing demand for predictable and transparent logistics solutions in global trade. It competes with the other notable players in this space such as Flexport, e2open, and others. The company has operations across over 80 countries and covers more than 29,000 Indian pincodes.

Aviotron Bags Funding To Offer Experiential Learning To Students

Inc42 · 1y ago

Aviotron Bags Funding To Offer Experiential Learning To Students

Noida-based edtech startup Aviotron Aerospace has raised INR 4.96 Cr ($600K) in a Pre-Series A round led by Enrission India Capital. The funding will be used to expand the startup's operations across India. Aviotron Aerospace offers experiential learning programs to students in partnership with schools and aims to expand its reach to 28 states by the end of the year. The startup previously raised INR 2 Cr in seed funding and reported a profit of INR 50 Lakh on a revenue of INR 5 Cr in 2023. The Indian edtech sector has seen a decline in investor interest and funding.

Banana chips brand Beyond Snack bags $8.3 million in round led by 12 Flags Group

Economic Times

Economic Times · 1y ago

Kerala-based banana chips brand Beyond Snack has raised $8.3 million in a funding round led by 12 Flags Group, with participation from Enrission India Capital and existing investors. The funds will support market expansion, product innovation, and supply chain enhancement. Beyond Snack, founded in 2020, operates in 20,000 retail outlets across India and 12 international markets, with retail and quick commerce channels significantly contributing to revenue. The company aims to strengthen farmer relationships and its distribution network.

NG Earsafe, Modulus Housing and Sushain Wellness raise early-stage funds

VCCircle

VCCircle · 1y ago

NG Earsafe, Modulus Housing and Sushain Wellness raise early-stage funds

Headphones maker NG Earsafe, construction startup Modulus Housing, and healthtech startup Sushain Wellness have all secured early-stage funding. NG Earsafe raised $126,073 in a seed round led by Inflection Point Ventures to expand marketing and develop new audio products. Modulus Housing received an undisclosed amount from Japanese venture capital firm Enrission India Capital to scale its operations and provide affordable housing solutions. Sushain Wellness secured seed round funding from Prajay Advisors LLP to enhance its technological infrastructure and expand holistic healthcare services. The company is also preparing to launch a SaaS product.

Stackbox raises $4 Mn led by Enrission India Capital

Entrackr

Entrackr · 4m ago

Stackbox raises $4 Mn led by Enrission India Capital

Logistics tech startup Stackbox has raised $4 million in a fresh funding round led by Enrission India Capital. The latest investment will help Stackbox accelerate its product innovation and expand across Southeast Asia while strengthening its footprint in India. The Mumbai-based startup, founded by IIT alumni Sabyasachi, Shanmukha, Venktesh, and Nitin, leverages deep-tech solutions including its AI-powered Warehouse Management System and Transportation Management System to streamline operations in sectors such as FMCG, manufacturing, and e-commerce. Backed by a team with proven expertise in supply chain management and enterprise software, Stackbox has attracted clients among leading FMCG and manufacturing companies seeking efficiency and scalability. Stackbox’s founders said that the funding enables them to “build the digital backbone of tomorrow’s logistics,” supporting intelligent processes from warehouse to last-mile delivery. According to startup data intelligence platform TheKredible, Stackbox has raised over $2 million, including a $1.2 million seed round led by Ecosystem Ventures in August 2021. For the fiscal year ended March 2024, the Bengaluru-based company posted a profit of Rs 6 crore on operating revenue of Rs 25.7 crore.

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

Entrackr

Entrackr · 17d ago

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

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.

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

VCCircle

VCCircle · 1y ago

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

The Hosteller, RecommerceX, LiaPlus AI, and Nautical Wings have all secured early-stage funding. Backpacker hostel chain The Hosteller raised $4 million in a Series A funding round led by V3 Ventures. RecommerceX, a chemical recycling startup, raised $3.6 million in seed funding led by Accel and Kae Capital. Customer support provider LiaPlus AI raised Rs 2 crore in a seed round led by Inflection Point Ventures. Electric propulsion technology solutions startup Nautical Wings received funding from Venture Catalysts and 1Crowd. The funds will be used for expansion, technology development, and business operations.

MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

VCCircle

VCCircle · 1y ago

MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

- Saudi e-grocery delivery platform Nana acquires software solutions provider Rasseed to enhance the shopping experience for users. - Saudi rent-now-pay-later startup Ejari raises $14.65 million in a seed round to scale its business. - UAE-based fintech startup OCTA raises $2.25 million in a pre-seed round to automate payments collection for SMEs. - Dubai-based dropshipping service platform 4Partners secures $3.6 million to expand operations. - Kuwaiti online payment solutions startup Krti secures $1.5 million in pre-seed funding to strengthen the e-commerce sector. - Oman-based BNPL platform QPay closes a seed round led by Cyfr Capital to accelerate growth.

UnifyApps Bags $20 Mn To Expand Its AI Enterprise Play

Inc42 · 1y ago

UnifyApps Bags $20 Mn To Expand Its AI Enterprise Play

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.

CoRover, Pepsales, Tuco bag early-stage funding

VCCircle

VCCircle · 1y ago

CoRover, Pepsales, Tuco bag early-stage funding

Conversational AI startup CoRover has secured $4 million in a Series A funding round led by Venture Catalysts. CoRover helps businesses create personalized conversational experiences through various platforms. Pepsales, an AI-powered SaaS platform for sales teams, raised $1.1 million in pre-seed funding led by Chiratae Ventures. Tuco Intelligent, a kids' personal care brand, raised $2 million in seed funding led by Fireside Ventures and Whiteboard Capital. These investments will enable CoRover, Pepsales, and Tuco to further develop their technologies and expand their operations.

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