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IPV leads seed round in LiaPlus AI
Entrackr
·
11m ago
Medial
Customer support solutions provider LiaPlus AI has raised Rs 2 crore in a Seed round led by Inflection Point Ventures along with participation from Chandigarh Angel Network and Growth91. The proceeds will be deployed towards driving advancements in product and technology, expanding the team, and enhancing sales & marketing strategies, LiaPlus said in a press release. Co-founded in 2023 by Shailesh Jaiswal and Smridhi Seth, LiaPlus is a customer support platform utilizing AI technology. It delivers multilingual support in 18 languages, handles millions of calls per hour, and understands customer emotions, all while operating continuously around the clock. With a presence in India, the Middle East, Africa, and Australia, LiaPlus AI offers a marketplace for businesses to hire customer support employees quickly and efficiently, paving the way for AI-driven task management. According to the Delhi-based company, it trains models with high quality data, prompts and engineering to enhance model accuracy and relevance. The platform ensures real-time interactions with less than 400 milliseconds of conversational latency and integrates seamlessly with existing B2B systems, facilitating quick adoption. The startup also provides top-tier pricing while maintaining high quality, offering a cost-effective solution. LiaPlus says that it has formed strategic alliances across India, Africa, the Middle East, and Australia, targeting the BFSI and e- commerce industries. The platform is customized to address regional requirements, providing support in local languages to deliver effective and personalized customer service across these diverse markets
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The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding
VCCircle
·
11m ago
Medial
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.
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Inflection Point Ventures exits Courseplay as SaaS platform finds strategic buyer
VCCircle
·
1y ago
Medial
Inflection Point Ventures (IPV), an early-stage investment firm, has announced its exit from Courseplay, a software-as-a-service platform. Courseplay was acquired by HRtech firm CIEL in a cash-cum-share-swap deal. The financial details of the transaction have not been disclosed. This exit follows Courseplay's seed funding round of around $400,000 from IPV. IPV had an active year in terms of exits, with a total of 14, generating an average internal rate of return of 61%. CIEL plans to integrate Courseplay into its platforms to strengthen its HR offerings.
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Zivy Pockets Funding To Simplify Workplace Tasks Via AI Solutions
Inc42
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11m ago
Medial
AI tool Zivy, founded in 2023, has raised $1.2 million in a Pre-Seed funding round led by Blume Ventures. The funding will be used for product development and expanding the research and development team. Other investors participating in the round included Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, Marsshot Ventures, and several angel investors. Zivy's AI technology helps prioritize workplace messages and tasks, aiming to improve organization and efficiency for managers and team leads.
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Lightspeed leads Pre-Seed Funding Round For Gushwork.ai
OutlookIndia
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2y ago
Medial
Lightspeed, a prominent venture capital firm, leads the pre-seed funding round for Gushwork AI. The Software-as-a-Service (SaaS) startup secured funding from Lightspeed to further develop its AI-driven platform. Gushwork AI's technology aims to enhance productivity and streamline workflows for businesses, attracting investors and demonstrating its potential to transform various industries. The AI-powered start-up plans to use the $2.1 million it raised to reinvent business process outsourcing with AI and human expertise.
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Parkobot raises Rs 2.09 Cr in seed round led by IPV
Entrackr
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24d ago
Medial
Snippets Parkobot raises Rs 2.09 Cr in seed round led by IPV IoT-based parking startup Parkobot has raised Rs 2.09 crore (around $243K) in a seed round led by Inflection Point Ventures (IPV), with participation from high-net-worth individuals. The funding will be used to expand infrastructure, enter new markets, enhance backend operations, and diversify its product portfolio. Founded by Amrit Choudhury, Raj Kumar Bihani, and Animesh Mukherjee, Parkobot is currently in stealth mode as it lays the groundwork for scale. It offers a tech-enabled solution that allows users to monetize their private parking spaces through an IoT-powered smart parking space barrier integrated with the Parkobot mobile app. It operates as a real-time, on-demand platform by enabling hourly rentals of unused spots. The platform currently manages over 20,000 bookings each month and is built on a proprietary tech stack that includes scalable IoT devices and an in-house Parking Management System (PMS). It supports automated, pre-booked parking experiences with minimal manual intervention. The startup has already deployed its smart barriers at key high-traffic locations and aims to reduce urban congestion by optimizing underutilized parking spaces.
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MENA Digest: UAE’s SaaS startup Seez leads funding activity this week
VCCircle
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10m ago
Medial
UAE-based automotive SaaS startup Seez has secured growth capital funding from international investors to support its geographical expansion plans. Additionally, Algerian ed-tech startup LabLabee and Saudi vacation property rental startup Darent have both secured seed funding. Seez's funding round leads the fundraising activity in the MENA region this week.
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Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures
Entrackr
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1m ago
Medial
Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures Clean Fanatics, a premium platform offering home services, has raised Rs 17 crore ($2 million) in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Blume Founders Fund, Let’s Venture (now LVX), Trica, TiE Angels, and several prominent angel investors. The proceeds will be used to expand the team, upgrade the technology infrastructure, and scale new service verticals including civil construction and home renovation. Founded by BJ Arun, Clean Fanatics specializes in services such as deep cleaning, painting, marble polishing, and home renovation. The firm claims that it is currently generating a monthly recurring revenue (MRR) of Rs 2 crore in Bengaluru alone, servicing over 2,500 homes every month. Over the last 24 months, Clean Fanatics has grown its revenue by 8x, backed by strong customer referrals and operational efficiency.
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Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels
IndianStartupNews
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1y ago
Medial
InsideFPV, a drone maker featured on Shark Tank India, has secured Rs 3.5 crore in seed funding. Mumbai Angels led the investment round, with participation from IPV, Soonicorn, Fossbytes, and Kumar Sahu. The startup offers drones for various industries, including government contracts, agriculture, commercial sectors, and surveillance. The funding will be used to drive growth, develop new products, expand market reach, enhance distribution and logistics, and invest in strategic acquisitions. The Indian Drone Market is projected to grow at a CAGR of around 18% and is currently dominated by ideaForge.
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Navanc raises $1 Mn in seed round
Entrackr
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8m ago
Medial
Fintech startup Navanc has raised $1 million in its seed round led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors. The proceeds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will ramp up its AI FinTech capabilities by incorporating Generative AI and Computer Vision models. Founded by Nagachethan S M and Byomkesh Jha, Navanc introduced an AI-powered property score and stack, specifically designed for secured lending and insurance practices. By integrating advanced technologies like AI, IoT, and Blockchain, the firm ensures secure, transparent, and reliable transactions in the proptech sector. Its collateral reporting, powered by its AI and ML models, enhances credit decision-making and portfolio management for the BFSI industry. Currently operating across tiers of cities in about 6 states, Navanc is focused on expanding its reach to all states under its Bharat Vision.
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Travel tech startup The Tarzan Way raises Rs 2 Cr led by IPV
Entrackr
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2m ago
Medial
Noida-based AI-powered travel tech startup The Tarzan Way has raised Rs 2 crore (around $233K) in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Your Trips Limited (UK), PhysicsWallah Founder Prateek Maheshwari, and several angel investors. The funds will be allocated towards product development (35%), operations (25%), marketing (20%), HR/admin (15%), and miscellaneous functions (5%). Founded in 2020 by Shikhar Chadha and Shivank Tripathi, The Tarzan Way uses AI to create hyper-personalised travel experiences, enabling users to plan custom itineraries in seconds. With its new “Exploration App” set to launch soon, the company aims to streamline travel planning by offering an AI-backed booking engine, one-click bookings, and 24x7 concierge support. The platform claims to have clocked Rs 13.5 crore in gross booking value, with a 300% YoY revenue jump and 70% MoM user growth. The brand has over 35,000 social followers and 10 million+ content views. Backed by a growing market for personalised travel, the expansion of India’s tourism sector is expected to touch $512 billion by 2028.
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Early and growth-stage investments in disruptive technology companies with...
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Early-stage venture capital firm investing in technology startups in India. Focus on...
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