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LoanKuber raises $3.5 Mn led by TRTL VC, IPV, others
Entrackr
·
11m ago
Medial
Mortgage brand LoanKuber, which operates Janasha Finance, has raised $3.5 million in a pre-Series B round led by Singapore-based TRTL VC and existing backer Inflection Point Ventures. The round also saw participation from Auxano, LetsVenture, Mavuca Capital as well as angel investors such as Ruchi Deepak (co-founder, Acko), Prashant Tandon (co-founder, 1mg) and Pankaj Vermani (co-founder, Clovia). Earlier in February last year, the startup had raised $2 million in Series A round led by Inflection Point Ventures and others. It has raised $13 million to date. The proceeds will be used for expanding its assets under management (AUM), which currently stand at approximately Rs 93 crore. It will also be deployed in technological infrastructure and help strengthen its leadership team. Founded in 2017 by Saurabh Nagpal, LoanKuber provides customised mortgage loans to undeserved MSMEs. It claims to build an automated institutional co-lending platform for micro-mortgages allowing for competitive pricing to the end customer while generating significantly higher yields on its own NBFC balance sheet. The company has created hybrid acquisition channels that include a digital connector platform, lead generation platform, and low-cost branches reducing customer acquisition costs by 30%. According to LoanKuber, it has put strong focus on unit metrics/capital efficiency and frugal operations has helped LoanKuber build a profitable business since inception. With the net worth now increasing to around Rs 51 crore, LoanKuber plans to scale its AUM to approximately Rs 180 crore within the next 12 months.
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Sportstech platform str8bat raises $3.5 Mn in Series A
Entrackr
·
10m ago
Medial
Sportstech platform str8bat has raised $3.5 million (about Rs 29.4 crore) in a Series A funding round led by Exfinity Venture Partners, with participation from TRTL, Eternal Capital, and VCats Group, along with existing investors Techstars and SucSEED Indovation Fund. The Bengaluru-based company had previously raised $517K from its existing investors and others. The proceeds will be used to boost training and performance tracking for athletes, particularly cricketers, str8bat said in a press release. Co-founded in 2017 by Gagan Daga, Rahul Nagar, and Madhusudan R, str8bat develops sensor-based wearables for cricket. Its product analyzes the stance of the batsman, the type of shot, and movements using an AI engine. The platform also claims to enable users to connect with top-notch coaches globally. str8bat has served clients like Rajasthan Royals, Cricket Australia, and SG Cricket, and it has partnered with SG Cricket to introduce the “world’s first smart willow.” This cricket bat, equipped with an IoT device, delivers advanced shot tracking without the need for cameras, enabling players at all levels to access actionable insights and performance recommendations. str8bat reports that it has recorded over a couple of million shots, with around 400 elite-level players currently using its platform. It aspires to have over a million players within five years. Other sportstech platforms in India include Rooter, SportJacks, Worldstage, Sportvot, Joybox Active, KheloMore, and others.
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LoanKuber Nets $3.5 Mn To Expand Its Fintech Play
Inc42
·
11m ago
Medial
LoanKuber, a start-up focused on providing mortgage-based financing solutions to small and medium-sized enterprises, has raised funding in a round led by Aavishkaar Capital. The funding will be used to enhance technology infrastructure, expand the team, and scale up the asset under management. Several angel investors, including co-founders of Acko, 1mg, and Clovia, also participated in the funding round. LoanKuber aims to leverage technology to provide crucial financial services to businesses.
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Suraasa Bags $6 Mn To Upskill Teachers For Global Opportunities
Inc42
·
9m ago
Medial
Suraasa, an edtech startup offering competency-based skilling programs for teachers, has raised funding in a round led by Reach Capital. Other participants included ETS Capital, NB Ventures, TSM Ventures, and TRTL Ventures, among others. The funding will be used to expand globally, build its team, and enhance its technology infrastructure. Founded in 2017 by Rishabh Khanna, Suraasa aims to provide teachers with the necessary skills to thrive in today's education landscape.
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Mortgage lender Loan Kuber raises $3.5 million in funding
Economic Times
·
11m ago
Medial
Indian mortgage lender, Loan Kuber, has secured $3.5 million in funding in a round led by TRTL Ventures and existing investor Inflection Point Ventures. The funds will be used to expand Loan Kuber's assets under management (AUM), enhance technological infrastructure, and strengthen the leadership team. Loan Kuber specializes in mortgage loans for micro, small, and medium enterprises (MSMEs) and semi-skilled professionals in underserved regions of India. The company aims to achieve an annual revenue of INR 38 crore by the end of the fiscal year.
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Mobility startup Pumpumpum raises Rs 2 Cr led by IPV
Entrackr
·
1y ago
Medial
Fintech mobility startup Pumpumpum has raised Rs 2 crore in a new round led by Inflection Point Ventures (IPV). Previously, the startup had raised $2 million in equity from LC Nueva Investment Partners, Founders Room Capital, LetsVenture and others in June 2022. The proceeds will be used for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development. Founded in 2018 by Tarun lawadia and Sameer Kalra, PumPumPum works in B2B2C & B2C pre-owned car leasing model. It offers a subscription-based platform that prioritizes consumer convenience, flexibility, and affordability. Through the integration of technology and data analytics, the firm delivers an easy and personalized experience for accessibility and convenience. Earlier this month, IPV invested in edtech startup MyCaptain in its Rs 14 crore (approximately $1.7 million) new round. Its recent investments include BonV Aero, AllTrak, Onedioss, among others.
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Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels
IndianStartupNews
·
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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Banking tech platform GRAVITY raises $1 Mn led by Kettleborough VC
Entrackr
·
1y ago
Medial
GRAVITY, a hyper-personalised banking platform, has raised $1 million in a pre-series A funding round, led by Kettleborough VC. The round also saw participation from eminent personalities from the banking industry and a few HNIs. The Mumbai-based startup plans to deploy the capital towards tech development and execution of organic growth cycles, GRAVITY said in a press release. Launched in March 2024 by Satish Krishnaswamy and Rohit Maroo, GRAVITY enables banks to create a tailored experience for both retail and enterprise customers. The platform enables interoperability amongst all the underlying banking softwares managing core banking systems (CBS), payments, LOS, LMS, treasury, depository, among others. Using this ecosystem, banks can develop contextual and customised products on top of their existing solutions, as per the customers’ need and eligibility. As per the company, banks can achieve several efficiencies such as routing IMPS transactions through NEFT if the IMPS server is down, offering instant loans to customers facing failed transactions due to low account balance and launching new products or workflows within 2-3 days using its API symphony, among many other use cases. Kettleborough VC, an India-based early-stage venture capital led by seed investor Nisarg Shah, launched its maiden VC fund in October 2022. Since then, it has backed startups such as InPrime Finserv, Finhaat, Giga Fun Studios , Zocket and ONWO, among others.
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MangoPoint raises $1 Mn in pre-Series A round led by IPV
Entrackr
·
1d ago
Medial
MangoPoint raises $1 Mn in pre-Series A round led by IPV Chennai-based agritech exporter MangoPoint has secured $1 million in a pre-Series A funding round led by Inflection Point Ventures (IPV), with participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation. The fresh funds will be used to scale infrastructure, expand into new markets, strengthen backend operations, and diversify product offerings. Founded in 2018 by Manjula Gandhi Rooban and Prasanna Venkatarathnam, MangoPoint is a premium exporter of chemical-free, single-origin Indian mangoes and processed mango products, primarily serving North America and Europe. The startup handles over 2,000 metric tonnes of mangoes annually and plans to scale this tenfold to 20,000 MT in the coming years. It has APEDA and NPPO-recognized packhouses, and FDA clearance for exports to key international markets. As per the market research, the global mango industry is valued at $60 billion, with India contributing $20 billion, growing at 4.9%–8% CAGR.
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Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart
Entrackr
·
1d ago
Medial
Snippets Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart Spacetech startup Xovian Aerospace has raised $2.5 million in a pre-seed funding round led by Piper Serica and TurboStart, with participation from Inflection Point Ventures (IPV) and Eaglewings Ventures. The proceeds will be used to support the development of AI-native radio frequency (RF) satellite infrastructure and enable space trials planned by year-end. Xovian is building a constellation of RF nanosatellites that offer real-time signal intelligence by capturing and decoding dynamic signals unlike traditional satellites that rely solely on optical data. Its platform serves industries such as maritime, aviation, defence, oil & gas, and weather forecasting by providing continuous RF data fused with AI-powered decision intelligence. With pilot discussions underway in Southeast Asia and the Middle East, Xovian’s vertically integrated model offers low-latency, high-fidelity insights, claiming to generate up to six times more data value per dollar than conventional systems. According to data from intelligence platform TheKredible, more than a dozen spacetech startups have collectively raised around $21 million in 2025. The list includes names like OrbitAid, InspeCity, and Sisir Radar, among others.
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HealthCRED raises $1.2 Mn in seed round
Entrackr
·
12m ago
Medial
B2B healthcare financing startup HealthCRED has raised $1.2 million in its seed round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India. The round also saw participation from angel investors including Dr. Subho Ray (President, IAMAI), Nitin Gupta (CEO, Uni Cards), Amit Lakhotia (CEO, ParkPlus) and founders of InsuranceDekho and SEA-based Docquity. The proceeds will be used to enhance customer relationships and expand operations to the Southern and Western parts of the country. The firm will also hire fresh talents and develop B2B loan onboarding and loan management systems. Founded in 2022 by Shrey Jain and Arpit Jangir, HealthCRED provides swift, comprehensive, and adaptable financing solutions tailored for the healthcare sector. Delhi-based HealthCRED partners with hospitals, specialised healthcare service providers (HSPs across nephrology, oncology, and diagnostics), insurers, and pharmaceutical and consumable supply chain partners to deliver financing solutions.
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