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Navanc raises $1 Mn in seed round

EntrackrEntrackr · 6m ago
Navanc raises $1 Mn in seed round
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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Postudio raises $1 Mn in pre-Seed funding

EntrackrEntrackr · 5m ago
Postudio raises $1 Mn in pre-Seed funding
Medial

Snippets Postudio raises $1 Mn in pre-Seed funding The funds will be used to scale up in the Indian enterprise market, develop AI-based product features, expand the team, and launch in the U.S. market in H2 2025. Gyan Vardhan 21 Jan 2025 13:08 IST Cloud-based post-production software company Postudio has raised $1 million in a pre-seed funding round led by Audacity Venture Capital. The funds will be used to scale up in the Indian enterprise market, develop AI-based product features, expand the team, and launch in the U.S. market in H2 2025. Founded by media veterans Dhawal Gusain and Harish Prabhu, Postudio offers a web-based platform that enhances post-production workflows with features like virtual editing, real-time collaboration, and AI-driven content localization. In under two years, Postudio has crossed the $1 million ARR milestone and aims to double its revenue in 2025, driven by rising demand for remote collaboration and a focus on affordability and data security. According to Postudio, its innovative platform has been rapidly adopted by media enterprises and independent production houses in India. The company is now poised for global expansion, aiming to redefine the post-production industry with scalable, cloud-based solutions that offer significant cost savings and enhanced security. The firm added that major media enterprises have achieved 20-40% savings by adopting Postudio, which provides easy implementation, user-friendly design, and enhanced security for content protection.

Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 4m ago
Rupeeflo raises $1 Mn from Piper Serica
Medial

Rupeeflo raises $1 Mn from Piper Serica Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. Fintech veterans including Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge) also participated in the maiden round. Rupeeflo will use the funding to roll out a full-stack NRI investment platform, introduce instant UPI access, and expand its global presence. Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. Starting with the U.S. and U.K., it aims to expand across global NRI hubs. With Rupeeflo, NRIs can now digitally apply for an NRE/NRO account in less than 10 minutes and have easy and paperless access to stock markets, mutual funds, and index funds without regulatory headaches. “We see this as one of the biggest untapped opportunities in fintech. In the USA alone, NRIs have over $300 billion in low-yield savings overseas because investing in India has been too complex. We are fixing the problem so that they can participate in India's future instead of just watching from the sidelines,” said Ashish Jha. Piper Serica is an asset manager investing in India’s public and private markets. It manages a SEBI-registered PMS, advises a Mauritius-based offshore fund, and runs the Piper Serica Angel Fund for early-stage startups, overseeing over Rs 1,000 crore in assets.

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