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India Index connecting Indian suppliers with the world, raises $500K from investors

IndianStartupNewsIndianStartupNews · 2y ago
India Index connecting Indian suppliers with the world, raises $500K from investors
Medial

B2B cloud-based supply chain marketplace India Index has successfully secured $500,000 in a pre-seed funding round, with participation from private investors both from the United States and India. Some notable participants in this funding round include Parth Jindal from JSW Group, Vaaman Sehgal from Motherson Group, and Robert Lansing from Westminster Capital. Established in 2022 by Samir N. Kapadia, India Index has introduced a cloud-based platform that serves as a hub for international buyers and Indian suppliers to efficiently search, filter, and evaluate potential supply chain partners. This process is designed to be seamless and cost-effective, streamlining the selection and vetting of suppliers. Samir Kapadia, the founder and CEO of India Index, emphasized the platform's role in enhancing visibility, connectivity, and commercial interactions between U.S. buyers and Indian suppliers. The funding received will contribute to the development of advanced features beyond the initial search, evaluation, document review, and workflow management solutions. The platform's upcoming tools will enable U.S. buyers to conduct transactions and manage logistics services directly through the platform, simplifying and consolidating the entire supply chain journey in one place. Kapadia described India Index as a digital infrastructure company that facilitates international trade, particularly between India and the rest of the world, on a significant scale. India Index's funding round showcases the growing interest in innovative solutions aimed at optimizing supply chain processes and enhancing global trade relationships. With support from both Indian and U.S. investors, the startup is well-positioned to further develop its platform and contribute to the modernization and efficiency of B2B supply chain operations.

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Dubpro.ai raises $500K in seed round

EntrackrEntrackr · 1y ago
Dubpro.ai raises $500K in seed round
Medial

AI startup Dubpro.ai has raised $500k in its seed round from Venture Catalysts. Anicut Capital, 9Unicorns, and JJFO and FirstCheque also participated in the round. Founded by Ishan Sharma and Rishikesh, dubpro.ai enables creators and companies to localise their video content through advanced AI-driven dubbing solutions. Using a combination of Artificial Intelligence and human expertise, dubpro.ai offers high-quality vernacular content localisation that was previously inaccessible due to cost restrictions and time-consuming processes. “We are extremely excited to work with leading investors and a passionate team to build generative AI capabilities in Indic languages that could unlock a great potential for video content being available across all vernacular languages from Education to Entertainment content,” said Sharma, founder & CEO of dubpro.ai. The platform claims to deliver realistic dubbing experiences at a scalable cost point, ensuring efficiency and affordability. With an emphasis on quality assurance, Dubpro.ai’s human experts conduct over 10 quality checks. Venture Catalysts invests $250K – $2 million in early-stage startups. It has a presence across 55 cities in 9 countries. It recently led funding round in proptech startup Bandhoo.

Footwear startup RARA Barefoot raises $500K in seed round

EntrackrEntrackr · 12d ago
Footwear startup RARA Barefoot raises $500K in seed round
Medial

Footwear startup RARA Barefoot has raised $500K in an oversubscribed pre-seed funding round and announced the launch of its debut sneaker line. The round is led by founders and senior operators from Zomato, Urban Company, Tata 1mg, Shyft, and HexaHealth, along with Managing Directors and Partners from ChrysCapital and BCG. The proceeds will be used to support its national D2C rollout, the establishment of select offline retail partnerships, and local manufacturing scale-up as the brand prepares to bring barefoot sneakers to Indian consumers, RARA Barefoot said in a press release. Co-founded in 2024 by Varun Mimani and Manas Tripathi, RARA Barefoot is a performance footwear company pioneering barefoot sneakers. By combining evolutionary design with modern aesthetics, RARA aims to create footwear that lets the body move naturally the way nature intended. RARA launches as a direct-to-consumer (D2C) brand, with its first collection available online at its website. The company plans to expand through select multi-brand stores and experience-driven offline pop-ups in major cities in 2026. According to RARA Barefoot, each sneaker offers three designs such as a flat sole with zero heel-toe drop, a wide toe box for natural toe spread, and a flexible sole that bends with the foot’s 33 joints. All sneakers are manufactured in India, combining global barefoot design with locally sourced, high-performance materials. As per market research, the India sneaker market is expected to reach $4,665.9 million by 2030, with a CAGR of 5.7%.

Sportstech startup StepOut raises $500k in seed round

EntrackrEntrackr · 8m ago
Sportstech startup StepOut raises $500k in seed round
Medial

StepOut, an Indian sports performance analysis and ecosystem technology startup, has raised $500,000 in its seed round led by Rainmatter, founded by Nithin Kamath, CEO of Zerodha. The round also saw participation from IndigoEdge, Marwah Sports Group, and Misfits Capital. Founded by Jeet Karmakar and Sayak Ghosh, StepOut’s platform automates the tedious manual data collection process traditionally handled by coaches and analysts with a remote AI-powered SaaS setup requiring only uploading a video, saving 80% of time and effort. The platform assists in identifying players and tracks every event on the field to ensure 99% data accuracy. StepOut currently works with the likes of AFC Ajax from the Eredivisie and Rayo Vallecano from La Liga. The brand claims to have become the first Asian tech company to win the prestigious Reimagine Football competition, hosted by UEFA, AFC Ajax, The FA, KNVB, and City Football Group.

PlaySuper raises $500K in seed round led by IAN Group and 100X.VC

EntrackrEntrackr · 8m ago
PlaySuper raises $500K in seed round led by IAN Group and 100X.VC
Medial

Snippets PlaySuper raises $500K in seed round led by IAN Group and 100X.VC Gaming commerce startup PlaySuper has raised $500K in its seed round led by IAN Angel Fund and 100X.VC. The round also saw participation from angel investors including Uday Sodhi, KRS Jamwal, Pratham Mittal, Rajit Bhattacharya, and Ankit Das, among others. The proceeds will be used to accelerate product development, expand market reach, and strengthen hiring. PlaySuper is set to launch its next-gen, hyper-personalized in-game store, allowing easy integration without requiring updates. The Gurugram-based brand also plans to expand into Southeast Asia (SEA) within six months, followed by MENA and LATAM. Additionally, it will bring in a Product Head and expand its B2B partnerships team to onboard more gaming studios. Founded in April 2024 by Shouradeep Chakraborty, PlaySuper enables gamers to shop inside their favorite mobile games while playing. It integrates real-world shopping experiences within mobile games. Shouradeep and Upamanyu previously co-founded LectureNotes, an edtech platform that raised $2.5 million in 2022. They bring extensive experience from the gaming, Web3, and edtech sectors. Over the next year, the company will focus on launching its in-game store, scaling its reach into new markets, and deepening its collaborations with game developers.

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