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Log analytics startup Parseable raises $2.75M led by Surge and NP-Hard Ventures

IndianStartupNews

IndianStartupNews · 1y ago

Log analytics startup Parseable raises $2.75M led by Surge and NP-Hard Ventures

Bengaluru-based log analytics startup Parseable has secured $2.75 million in a seed funding round led by Surge and NP-Hard Ventures. The funds will be used to advance Parseable's log data management solutions to address the challenges faced by businesses in efficiently analyzing their ever-increasing log data. Parseable leverages cloud-native design and open formats to offer a modern log analytics platform that is scalable, interoperable, and able to dynamically adjust resources to meet demand. Investors expressed excitement about Parseable's developer-first approach to observability and the importance of efficient log analytics solutions in handling the massive amounts of log data generated by businesses.

Related News

Log analytics startup Parseable raises $2.75 Mn in seed round from Surge, others

Entrackr

Entrackr · 1y ago

Log analytics startup Parseable raises $2.75 Mn in seed round from Surge, others

Bengaluru-based log analytics startup Parseable has raised S$2.75 million in its Seed round led by Surge and NP-Hard Ventures. Funds raised will be used to accelerate Parseable’s innovation in managing the increasing amount of log data generated by today’s digital businesses, the company said in a press release. Parseable uses open formats such as Apache Parquet and Apache Arrow, which are crucial for breaking down the silos of data that typically exist within organizations. By adopting these open standards, Parseable ensures log data is not just accessible but also interoperable, making it easier to integrate with other tools and systems. With this unified data ecosystem, businesses can get insights from logs and other data sources together, enhancing overall business intelligence. Parseable is used across the globe by leading fintechs, cybersecurity firms, and healthcare, among others. Peak XV Partners’ Surge has included more than 330 founders and over 140 startups across 16 sectors in less than five years. To date, Surge startups have collectively raised over $2 billion in follow-on funding post the accelerator program.

Monumental Raises $25M in Funding

Finsmes · 1y ago

Monumental Raises $25M in Funding

Monumental, a robotics startup based in Amsterdam, has secured $25 million in funding. The round was led by Plural and Hummingbird, with participation from Northzone, Foundamental, NP-Hard Ventures, and angel investors. The company plans to use the funds to expand its team of hardware and software engineers, increase the number of robots deployed across Europe, and enhance the capabilities of its robots in managing construction tasks. Founded in 2021, Monumental specializes in building construction robots that can autonomously work alongside human workers.

Plug-and-play analytics platform BIVA Analytics raises $500K from Equanimity, T-Hub

IndianStartupNews

IndianStartupNews · 1y ago

Plug-and-play analytics platform BIVA Analytics raises $500K from Equanimity, T-Hub

BIVA Analytics, a plug-and-play analytics platform for ecommerce businesses, has secured $500,000 in seed funding led by Equanimity Ventures. The round also saw participation from T-Hub, SucSeed Ventures, WarmUp Ventures, and angel investors. BIVA Analytics aggregates data from various sources, offering a unified dashboard and pre-built reports to streamline data interpretation and enable workflow automation. With the funding, the startup plans to focus on product development, market expansion, talent acquisition, and integrate AI for marketing automation and competitor benchmarking. T-Hub played a key role in supporting the startup through its Lab32 program.

Exclusive: BNPL startup SalarySe raises $5.2 Mn from Surge and Pravega

Entrackr

Entrackr · 1y ago

Exclusive: BNPL startup SalarySe raises $5.2 Mn from Surge and Pravega

SalarySe, a financial services app for salaried employees, has raised $5.2 million in its maiden funding round led by Surge Ventures and Pravega Ventures. The startup specializes in developing buy now pay later (BNPL) products for the salaried class and competes with platforms like Postpe, Simpl, and Slice. The funding round values SalarySe at around $15 million, with Surge Ventures acquiring a 20.34% stake and Pravega Ventures owning 15.26% of the company.

AI startup LivNSense raises $2.75M in a pre-Series A round

IndianStartupNews

IndianStartupNews · 1y ago

AI startup LivNSense raises $2.75M in a pre-Series A round

Bengaluru-based AI startup LivNSense has raised $2.75 million in a pre-Series A funding round led by Pavestone Technology Fund. The funding will be used to enhance the development of their GreenOps platform, an AI system designed to tackle net zero challenges and reduce greenhouse gas emissions globally. LivNSense aims to achieve a carbon neutral world with its flagship product, GreenOps, which is used by various industries to reduce carbon emissions while boosting profitability. The funds will also be used to expand GreenOps' capabilities and enter new markets.

Defence tech startup Armory Raises Rs 13 Cr led by GrowX Ventures

Entrackr

Entrackr · 18d ago

Defence tech startup Armory Raises Rs 13 Cr led by GrowX Ventures

Defence tech startup Armory Raises Rs 13 Cr led by GrowX Ventures Defence-tech startup Armory has raised Rs 13 crore (around $1.5 million) in a funding round led by GrowX Ventures, with participation from Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors. The proceeds will be used to boost R&D, expand manufacturing, and speed up deployment. Founded in 2024 by Amardeep Singh, Armory develops indigenous counter-drone systems (C-UAS) capable of detecting, tracking, and neutralising rogue drones. Its flagship system, SURGE, has undergone field trials with multiple Indian Army units. The company’s technology is powered by Samaritan OS, an AI-led defence operating system offering real-time adaptability and continuous learning — features missing in traditional systems.

Medical tech startup Inito raises $6 million in funding round led by Fireside Ventures

Economic Times

Economic Times · 1y ago

Medical tech startup Inito raises $6 million in funding round led by Fireside Ventures

Bengaluru-based medical technology startup Inito has raised $6 million in a Series A funding round led by Fireside Ventures. Inito helps women track fertility hormones and offers personalized analytics on reproductive health through its flagship product, the Fertility Monitor. The company plans to use the funds for global expansion, improve its analytics using AI, invest in R&D for new tests, and eventually offer diagnostic tests through a smartphone-based platform. The partnership with Fireside Ventures will provide financial backing and strategic guidance to build a prominent consumer health tech brand.

Fintech startup Ambak raises $7 million in round led by Peak XV’s Surge

Economic Times

Economic Times · 5m ago

Fintech startup Ambak raises $7 million in round led by Peak XV’s Surge

Fintech startup Ambak raised $7 million in a funding round led by Peak XV's Surge, with participation from various investors. The Gurugram-based company, founded in 2024, aims to expand operations to 35 cities and serve 100,000 customers, targeting over $1 billion in loan disbursements by FY26. The platform utilizes data analytics and AI for seamless home loan processes, integrating with financiers’ platforms. Ambak plans to develop regional AI bots for enhanced customer outreach and loan processing.

Deeptech imaging startup Optimized Electrotech raises $6 million from Blume Ventures, Mela Ventures, others

Economic Times

Economic Times · 2m ago

Deeptech imaging startup Optimized Electrotech raises $6 million from Blume Ventures, Mela Ventures, others

Deeptech imaging startup Optimized Electrotech raised $6 million in a Series A funding round led by Blume Ventures and Mela Ventures, joined by 9Unicorns and others. The funds will enhance AI-powered imaging for surveillance and expand globally. Optimized Electrotech, founded in 2017, develops solutions for defence and aerospace sectors, integrating onboard analytics for real-time intelligence. The company holds four patents and supports clients like Bharat Dynamics and the Indian Navy, aligning with India's self-reliance goals.

Travel tech startup Bookingjini raises funding led by Gurugram's IPV

IndianStartupNews

IndianStartupNews · 1y ago

Travel tech startup Bookingjini raises funding led by Gurugram's IPV

Gurugram-based startup Bookingjini has raised an undisclosed amount in a Pre-Series A funding round led by Inflection Point Ventures. The funds will be utilized for product development and customer acquisition strategies. Bookingjini offers a range of services for hoteliers and guests, including a smart booking engine, channel manager, guest relationship management, analytics, and mobile accessibility. The startup aims to empower hotels with technology that simplifies management and transforms the guest experience.

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