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Mad Over Buildings raises seed round led by SIG Tattva

EntrackrEntrackr · 1m ago
Mad Over Buildings raises seed round led by SIG Tattva
Medial

Mad Over Buildings, a fintech-enabled B2B e-commerce platform specializing in building materials, has raised Rs 6 crore in a seed funding round led by SIG Tattva. The proceeds will be utilized for distribution networks, accelerate market penetration, and expand its footprint across India’s fast-growing construction ecosystem. Founded in 2021 by Kumar Vivek, Mad Over Buildings (MOB) aims to scale its curated Line-of-Credit, escrow-backed payment system, and full-stack material catalogue, including sustainable construction and interior materials. The platform aspires to transform how architects, contractors, and developers transact digitally, transparently, and at scale. According to MOB, its tech-enabled Line of Credit for secondary and tertiary sales and its escrow-backed marketplace address financing challenges for smaller distributors and retailers, enhancing liquidity and enabling seamless transactions. SIG Tattva, the corporate venture capital arm of Somany Impresa Group, focuses on early-stage ventures in deep-tech manufacturing, enterprise SaaS, clean technologies, next-generation e-commerce, and disruptive product innovations.

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Crion Technologies raises Rs 3.5 Cr led by SIG Tattva

EntrackrEntrackr · 2m ago
Crion Technologies raises Rs 3.5 Cr led by SIG Tattva
Medial

Crion Technologies, a company developing advanced digital solutions in IoT, AI, AR/VR, and cloud technologies, has raised Rs 3.5 crore in a funding round led by SIG Tattva, the corporate venture capital arm of Somany Impresa Group. According to Crion, its flagship digital twin platform, Clonos, aims to redefine asset management by providing real-time insights and predictive capabilities, helping enterprises drive efficiency, reduce downtime, and make smarter decisions. Co-founded in 2016 by Rahul K, Karthik Pondugula and Rathees Paneerselvam, Crion Technologies specializes in digital twin solutions and other advanced digital technologies, including AI, IoT, and AR/VR, to optimize industrial asset management, maintenance, and operational efficiency for the manufacturing and process industries. The company's offerings include its Clonos™ platform for 3D digital twin creation and the "Augmented Workforce" vision for training, maintenance, and efficiency. “What excites us most is working with an industry group that truly understands how transformative technologies can reshape manufacturing, utilities, and infrastructure. Together, we can unlock meaningful impact at scale,” said Vishnuvardhan Jayachandran, CEO of Crion Technologies. Alongside the investment, SIG Tattva also launched its flagship ‘Pilot Before Pitch (PBP)’ program.

ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV

EntrackrEntrackr · 18d ago
ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV
Medial

ACS Energy raises Rs 1.1 Cr in pre-seed round led by IPV EV charging startup ACS Energy has raised Rs 1.1 crore (around $132K) in a pre-seed funding round led by Inflection Point Ventures (IPV). The proceeds will be used to deploy 5,000 UPI-enabled EV charging stations across Maharashtra and Gujarat, and to develop AI-driven energy management systems for high-rise buildings. Founded in 2022 by Jash Sheth and Mihir Bhanushali, ACS Energy is a UPI-enabled EV charging platform, combining hardware and software to make charging more efficient and accessible. Its chargers support two, three, and four-wheelers and integrate with the ACS Pay system, allowing users to complete transactions instantly through UPI. The startup is addressing a major gap in charging infrastructure for high-rise buildings and residential complexes, offering AI-based systems that manage power distribution and reduce energy waste. Currently active in Mumbai, Pune, Surat, Ahmedabad, and Kerala, ACS Energy plans to expand nationwide. As per market research, India’s EV charging market is projected to reach $13 billion by 2032, and ACS aims to be a key player in this growth by enabling seamless, digital-first charging experiences.

Jobizo raises $1.4 Mn led by Alkemi Growth Capital

EntrackrEntrackr · 9m ago
Jobizo raises $1.4 Mn led by Alkemi Growth Capital
Medial

Jobizo raises $1.4 Mn led by Alkemi Growth Capital Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims to complete 10 million job hours over time. Co-founded by Naveen Trehan and Avishek Agarwal, Jobizo is an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. By using its expanding investor network and market expertise, Jobizo aims to create a welcoming environment for the workforce and tackle skill gap issues. Post seed round, Jobizo's growth claims to have grown over 500%, facilitated over 20,000 jobs in India and international countries, and helped fill over 10 million job hours.

Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures

EntrackrEntrackr · 4m ago
Clean Fanatics raises $2 Mn in seed round led by Inflection Point Ventures
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.

M2P Fintech to acquire Mad Street Den in distress sale

EntrackrEntrackr · 9m ago
M2P Fintech to acquire Mad Street Den in distress sale
Medial

M2P Fintech to acquire Mad Street Den in distress sale Digital banking infrastructure company M2P Fintech is all set to acquire Chennai-based AI startup Mad Street Den, sources aware of the development told Entrackr. Moneycontrol, which reported the development first, said that the deal is a mix of stock and cash. According to sources, M2P Fintech is acquiring Mad Street Den in a distress sale for approximately $10-15 million. The company has raised over $50 million to date, including a $30 million round in January 2023 from Alpha Wave and Peak XV (formerly Sequoia Capital). Founded in 2016 by Ashwini Asokan and Anand Chandrasekaran, Mad Street Den’s core product Vue.ai focuses on the retail segment to provide automation and inventory management solutions.

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