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PlanckDOT raises $350K in bridge round

EntrackrEntrackr · 1y ago
PlanckDOT raises $350K in bridge round
Medial

PlanckDOT, a technology startup specializing in edge data centers, has raised $350,000 in its bridge round at a valuation of $30 million. Earlier this year, the startup had raised $1.6 million in its seed round from HNI Angel Investors. The fresh proceeds will be used to ramp up the ongoing development of PlanckDOT’s Quanta AI that caters to the rising demand of data centres for generative AI applications. Founded by Shishir Miglani and Ali Ahmed Saleem, PlankDot’s Quanta offers a range of fully-loaded, self-sufficient edge data centres tailored to corporate, enterprise, and SPC requirements empowering businesses to scale their operations seamlessly. The firm specialises in setting up Edge and Hyperscaler data centers that are carbon-neutral and reliable. PlanckDOT’s initiatives focus on improving the Power Usage Effectiveness (PUE) ratio in data centres, aiming to achieve a PUE ratio of 1.0.

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E-com marketing and analytics company NuvoRetail raises $350k

EntrackrEntrackr · 1y ago
E-com marketing and analytics company NuvoRetail raises $350k
Medial

E-commerce marketing and analytics company NuvoRetail has raised $350k in a new funding round. The funds will be used to develop its Enlytical.ai, an AI-ML driven platform for e-commerce bid automation, insights, and reporting, while also supporting global expansion efforts, NuvoRetail said in a press release. Launched in 2017 by Vishal Sharma, Enlytical.ai provides a unified panel to manage multiple e-commerce platforms across different KPIs like sales, marketing, portfolio, content, supply chain management, pricing, loyalty etc. It allows brands to understand how their business and products are performing. According to the Delhi-based company, its platform also includes an AI-based media spends optimization engine that leverages cutting-edge AI algorithms to analyze campaign performance and optimize media budget allocation. The company claims that it ensures a higher ROI by minimizing wasteful spending and maximizing audience engagement based on retail readiness signals. It competes with Concent, Agora PH, and Domain Bharat.

AI startup Control One raises $350K in pre seed round

EntrackrEntrackr · 1y ago
AI startup Control One raises $350K in pre seed round
Medial

Control One AI, an AI-first robotics startup, has raised $350K from a group of investors in the United States and India such as Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder,Wakefit) & Amit Singh (Ex-MD, Avendus Capital) and Silicon Valley based top supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric. The proceeds will be used for creating a fully functional prototype and conducting successful pilot validations, the company said in a press release. In the near future, it will also unveil the first fully functional prototype to demonstrate the AI in action. Control One AI is building an AI specially tailored for slow moving equipments utilised throughout the supply chain. “Our mission is to transform slow-moving equipments worldwide using our advanced AI, enhancing vehicles to reach—or even surpass—human levels of intelligence. This technology will empower blue-collar workers worldwide to achieve greater productivity, safety, and satisfaction in their roles,” said Pranav S, founder and CEO of Control One. According to a report by the Bureau of Labour Statistics (BLS), supply chain labour market in the US alone is currently at $531 Billion. Given the developing infrastructure for AI in this decade, Control One AI aims to address the global challenge.

Dronetech startup TechEagle raises bridge round

EntrackrEntrackr · 1y ago
Dronetech startup TechEagle raises bridge round
Medial

On-demand drone delivery and logistics firm TechEagle has raised funds from Paytm founder Vijay Shekhar Sharma, Navam Capital and Inflection Point Ventures (IPV) in its bridge round. Earlier to this round, TechEagle raised $500K in its seed funding round led by India Accelerator in 2021. The bridge round, which is undisclosed, also saw participation from Venture Catalysts and a group of high-net-worth individuals. The proceeds will be used to fuel the company’s efforts to launch higher payload drones for mid-mile and inter-city deliveries, the company said in a press release. Founded in 2017 by Vikaram Singh Meena and Anshu Abhishek, TechEagle is a drone logistics startup that enables on-demand autonomous drone delivery for its clients. With a focus on beyond visual line of sight (BVLOS) drone operations, TechEagle caters to last-mile logistics in urban and semi-urban areas.

StampMyVisa raises Rs 4 Cr in bridge round led by Unicorn India Ventures

EntrackrEntrackr · 4h ago
StampMyVisa raises Rs 4 Cr in bridge round led by Unicorn India Ventures
Medial

Snippets StampMyVisa raises Rs 4 Cr in bridge round led by Unicorn India Ventures B2B visa processing platform StampMyVisa (SMV) has raised Rs 4 crore in a bridge round led by existing investor Unicorn India Ventures (UIV). The fresh capital will be used for growth, marketing and to support the company’s recent acquisition of Kunal Shah backed Teleport, which expands its operations in South India. Unicorn India Ventures had earlier invested Rs 6.6 crore in StampMyVisa during its seed round last year. The company aims to use this bridge round to achieve key milestones before raising a larger Series A round in the next financial year. StampMyVisa said it has achieved 4 times growth in revenue while maintaining a 99.5% visa success rate, processing more than 75,000 visas in the past six months. Its proprietary AI engine Nucleus automates and validates visa documentation for over 80 countries. The company recently introduced new products including SMV Insure, which refunds the booking value if a visa is rejected, and SMV Global, an eSIM service offering international connectivity at lower cost than regular roaming. It plans to expand into GCC markets and build fintech infrastructure with embedded credit and payment solutions for small and medium businesses. The platform targets to process 80% of visa applications within five minutes, compared to the current industry average of two days. In August 2025, StampMyVisa acquired travel tech startup Teleport, a consumer facing player backed by founders including Kunal Shah, Vidit Aatrey and Phanindra Sama. It competes with Atlys, Visa2Fly and StampThePassport.

TraqCheck raises bridge round at $17 Mn valuation

EntrackrEntrackr · 1m ago
TraqCheck raises bridge round at $17 Mn valuation
Medial

Snippets TraqCheck raises bridge round at $17 Mn valuation TraqCheck, an AI enterprise startup focused on HR systems, has raised a bridge round at a $17 million valuation, for an undisclosed amount. The round was led by angel investors Alok Oberoi (Chairman, Everstone Capital) and Siddharth Mehta (Founder, Bay Capital), with participation from Sivaramakrishnan S. Iyer (Advisor, Bay Capital). The proceeds will be used to scale its background verification product in India and Europe, launch new AI-based HR tools, and strengthen teams in product, engineering, and growth. Founded by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck builds AI agents for enterprises, starting with background verification. Its product uses deterministic LLM frameworks to automate screening processes and reduce turnaround times, helping HR teams improve compliance and efficiency. It has scaled across India and recently expanded into Europe. TraqCheck raised its last round in 2023 at a $14 million valuation. Since then, it has grown rapidly, serving over 200 enterprise clients across BFSI, staffing, healthcare, and the gig economy. The firm is targeting a 3x revenue increase in 2025 as demand for automated HR solutions rises. TraqCheck competes with global background verification and HR tech players like HireRight, First Advantage, and Checkr.

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