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Navanc raises $1 Mn in seed round

EntrackrEntrackr · 10m 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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Trading platform Trackk raises $1 Mn in seed round

EntrackrEntrackr · 2m ago
Trading platform Trackk raises $1 Mn in seed round
Medial

url: https://entrackr.com/snippets/trading-platform-trackk-raises-1-mn-in-seed-round-9652110 Content: Trackk, a new-age trading platform, has raised $1 million in seed round funding from prominent investors, including Mga Ventures, GSF Ventures, GNP Group, Paras Defence, along with leading family offices and angel investors. Prior to this, the Mumbai-based company had raised $100K in a pre-seed funding round from Maahavir Ventures. The fresh funds will be deployed in team building, technology and crafting a better user experience, Trackk said in a press release. The company has recently received approval from the Securities and Exchange Board of India (SEBI) to begin brokerage services on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Before securing this license, Trackk operated for over three years as an Authorised Person, acquiring more than 1.5 lakh registered users and facilitating over 6,000 trades daily — building a strong foundation of active traders and product insights. Co-founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar, Trackk is a next-gen stock trading app that helps users discover stocks, trade from a single screen, and gain behavioural insights on their trading journey. “We believe the next generation deserves a seamless, technology-driven platform,” said Vedant Gupte, CEO at Trackk. “With our funding, SEBI approval, and strong leadership team, we are ready to bring a fresh, ambitious vision to India’s capital markets.” Trackk plans to launch its trading platform in the coming months, introducing a single-screen, intuitive trading experience designed for India's youth. Alongside this, the platform will offer personalised stock reports, data-backed portfolio ideas, and behavioural insights to help users make informed decisions and improve their trading habits over time. It primarily competes with other major companies in this space such as Groww and Zerodha.

Postudio raises $1 Mn in pre-Seed funding

EntrackrEntrackr · 8m 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.

Airbound raises $8.65 Mn in seed funding round

EntrackrEntrackr · 3d ago
Airbound raises $8.65 Mn in seed funding round
Medial

Airbound, an autonomous delivery logistics firm specializing in blended-wing-body aircraft, has raised $8.65 million in a seed funding round and entered a pilot partnership with Narayana Health. The round was led by Lachy Groom, with participation from Humba Ventures, existing investor Lightspeed, and senior leaders at Tesla, Anduril, and Ather Energy. Following this seed round, Airbound has raised over $10 million in total funding. The funds will be used to scale manufacturing, expand operations beyond medical delivery, refine its technology, and prepare for wider market adoption in 2026, Airbound said in a press release. Launched in 2023 by Naman Pushp, Airbound aims to make logistics seamless and delivery costs negligible, enabling fast, reliable transport across all sectors, including underserved regions. The company’s proprietary carbon-fiber manufacturing process allows rapid production of drones, each achieving a payload-to-aircraft mass ratio of 1 kg to 1.5 kg. According to Airbound, its blended-wing-body tailsitter design combines vertical takeoff and landing with the efficiency of fixed-wing flight, overcoming the limitations of tilt-rotor and quadplane designs. The company’s aircraft form the backbone of a scalable, cost-efficient, borderless supply chain. Airbound has launched a three-month pilot partnership with Narayana Health, aiming to complete 10 medical deliveries per day, including blood samples, test kits, and essential supplies. This program provides a proof of concept for one of the most demanding delivery applications, demonstrating reliability, speed, and cost efficiency.

EcoEx raises $4 Mn in seed funding round

EntrackrEntrackr · 11d ago
EcoEx raises $4 Mn in seed funding round
Medial

EcoEx raises $4 Mn in seed funding round Sustainable waste management solutions startup EcoEx has secured $4 million in a seed funding round co-led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund along with participation from other investors. The proceeds will be utilized for technology enhancement, talent acquisition, expansion, and strengthening clean technology solutions as it scales its newly launched Waste Commodity App, EcoEx said in a press release. Co-founded in 2020 by Nimit Aggarwal and Akshaya Rath, EcoEx offers expertise in waste collection, waste commodity trading, and EPR services. Bulk waste generators and certified recyclers can do transactions to achieve ethical disposal and compliance norms by using technology tools such as EPR Pro, B2B E-marketplace and mobile apps. “We are on track to cross $20 million in transaction value in FY 25–26, transforming Waste into both a climate and economic opportunity,” said Nimit Aggarwal, founder and Director, EcoEx. Since its inception, EcoEx claims that it has enabled PIBOs to secure over 1 million metric tonnes EPR credits through CPCB-certified recyclers. Through its mobile app, it introduces real-time tracking, secure digital payments, and e-auction capabilities to streamline digital commodity trade. The app has boarded over 3,000 recyclers or collectors across India. The other notable players in this space are Recykal and Recircle.

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