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Piper Serica invests in Six Sense Mobility

EntrackrEntrackr · 11m ago
Piper Serica invests in Six Sense Mobility
Medial

Smart mobility company Six Sense Mobility has raised Rs 6 crore in its seed round from Piper Serica VC, an angel investment firm based in Mumbai. The company had previously raised funds from Saurabh Nayyar (Docbel Group). The proceeds will be used to increase its team size, build production capacity, and for research and development of technologies for vehicle safety. Founded by Sumit Roy, Kapil Rao, and Narendra Kumar Verma, the Delhi-based startup develops IoT-based devices using AI and machine learning to enhance driving security. The company plans to scale rapidly in Indian and foreign markets in the next few years as the connected cars market is expected to reach $165 billion by 2029 from about $75 billion. Six Sense Mobility has crafted its technology for multiple use cases in automotive safety, security, and maintenance. Its crash detection technology can detect collisions and measure their impact. It can dispatch emergency SOS services by triangulating the exact location of the accident, thereby saving precious time and potentially saving lives.

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Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 5m 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.

Astrogate Labs raises $1.3 Mn led by Piper Serica

EntrackrEntrackr · 5m ago
Astrogate Labs raises $1.3 Mn led by Piper Serica
Medial

Astrogate Labs raises $1.3 Mn led by Piper Serica Spacetech startup Astrogate Labs has secured $1.3 million in its pre-Series funding led by Piper Serica Angel Fund. The proceeds will be used to accelerate further the development of its laser communication terminals for space and additional use cases in terrestrial and airborne applications, scale operations, and strengthen partnerships with space agencies and defense organizations. Founded by Nitish Singh, Yogeshwaran J, and Subhajit Chakraborty, Astrogate Labs provides technology to improve data downlink for small satellite constellations, helping them transmit data more efficiently to the ground. With over 25,000 small satellites expected to be in orbit by 2030, current radio frequency systems face severe bandwidth limitations and spectrum congestion. Astrogate's laser communication solutions claim to provide a scalable alternative for high-speed up to 10 Gbps, secure data transmission. Astrogate Labs has also received recognition for its technology innovations including DRDO Dare to Dream 4.0 and graduated from the Seraphim Space Accelerator APAC Program in 2023. The Bengaluru-based company has been backed by Speciale Invest, SatSure and Anicut Capital, who provided early funding to support the development of its innovative technology.

Edtech start-up MyCaptain raises ₹14 cr from Inflection Point Ventures, MyNavi, Piper Serica, Super Capital, Ankur Capital

ThehindubusinesslineThehindubusinessline · 1y ago
Edtech start-up MyCaptain raises ₹14 cr from Inflection Point Ventures, MyNavi, Piper Serica, Super Capital, Ankur Capital
Medial

Indian edtech start-up MyCaptain has raised ₹14 crore ($1.9 million) in a recent funding round led by investors including Inflection Point Ventures, MyNavi, Piper Serica, Super Capital, and Ankur Capital. MyCaptain plans to use the funding to expand its hybrid programmes into more cities, establish regional sales centres, and introduce new courses. The company aims to reach a portfolio milestone of 50 beginner courses and five placement readiness programmes. It has already partnered with over 1,000 employers and secured placements for 1,300 learners in fields such as content writing, digital marketing, and UI/UX design.

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