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Round-up investing platform Deciml raises $3 Mn is seed round

EntrackrEntrackr · 4m ago
Round-up investing platform Deciml raises $3 Mn is seed round
Medial

Round-up investing platform Deciml has raised $3 million in a seed funding round led by Jainam Broking, marking its first venture into startup investment. The Pune-based company had previously raised $1 million from MyAsiaVC, Gaurav Munjal, Ritesh Malik, Raunak Munot, Mukund Jha, and others. Deciml stated in a press release that the funds will be used to enhance its product offerings, expand its user base, and strengthen its team to fulfill its mission of making investing accessible to all. Founded in 2020 by Satyajeet Kunjeer, Deciml leverages its unique round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, making investing effortless and accessible for everyone. Whenever users make an online transaction via card or UPI, the platform rounds up the amount to the nearest 10 and invests the difference, creating a seamless pathway to wealth creation. The platform aims to make investing less intimidating and more engaging for young Indians by integrating spare change investing into their lifestyle rather than requiring a behavioral shift that could make the financial ecosystem overwhelming. “The Deciml journey is at a crucial crossroads right now. We took the time to adapt our product to user needs, and now we want to focus all our efforts and energies on scaling rapidly. At such a juncture, we truly couldn’t have asked for a more wonderful investor and partner than Jainam. They have not only validated our vision but are also fueling and shaping it,” said Satyajeet Kunjeer, founder of Deciml. According to market research, the fintech market size is estimated to reach $145.09 billion in 2025 and is projected to grow to $550.21 billion by 2030, at a CAGR of 30.55%. Deciml claims to have 3 lakh active users on its platform, with approximately 3.5 lakh app downloads. The company registered a revenue of ₹7.2 lakh in FY25. It primarily competes with Jar in this space.

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Cambrian Bioworks raises $1.45 Mn in seed round

EntrackrEntrackr · 10m ago
Cambrian Bioworks raises $1.45 Mn in seed round
Medial

Bengaluru-based biotechnology firm Cambrian Bioworks has secured $1.45 million in its seed round led by the Irani family office, which has invested in several private ventures across the globe. The round also saw participation from the company’s CEO and co-founder, Vaibhav Hegde. The proceeds will be used to ramp up development of Cambrian’s automated molecular diagnostics platforms, R&D efforts, expand the team, and support forays into international markets. Founded by Hegde, Rohit Asil, and Raghav Sridhar, Cambrian Bioworks develops automated molecular diagnostic platforms. Its products find applications in oncology, genomics, rare disease testing, and AMR detection. Recently, the firm launched Cambrian’s nucleic acid extraction platform, Manta which provides high-quality DNA/RNA for genomics and PCR testing in hospitals and laboratories. This is yet another example of a founder investing in his own startup. This trend started with the founders of Byju’s, OYO, and BluSmart, and has recently continued with investments from the founders of Yubi and Ather Energy.

Morphing Machines raises $2.76 Mn in seed round

EntrackrEntrackr · 1y ago
Morphing Machines raises $2.76 Mn in seed round
Medial

Fabless semiconductor startup Morphing Machines has raised $2.76 million in its seed round led by Speciale Invest, a seed stage VC investing in deep technologies. The round also saw participation from IvyCap Ventures, Golden Sparrow, Navam Capital, CIIE Initiatives, and DeVC. The proceeds will be used to ramp up product development and prototyping, expand the engineering team, and support go-to-market initiatives, the company said in a press release. Supported by the Ministry of Electronics & Information Technology (MeitY) under the Design Linked Incentive Scheme (DLI) and Chips2Startup (C2S) schemes, Morphing Machines is developing REDEFINE, a many-core processor Soft IP. This processor can handle various applications like data analysis, artificial intelligence, telecommunications, and high-performance computing. By combining functions typically managed by different types of processors, Morphing offers customers better performance and energy efficiency, while also reducing the time and cost needed to bring products to market. Currently, Morphing Machines has a team of over 20 members and is expanding to over 40 members to support design, verification, emulation, and tape-out processes.

Phot.AI raises $2.7 Mn to automate e-commerce creative design

EntrackrEntrackr · 4m ago
Phot.AI raises $2.7 Mn to automate e-commerce creative design
Medial

Phot.AI, an AI-driven creative automation platform, has secured $2.7 million in a seed funding round led by Info Edge Ventures, with participation from Together Fund and AC Ventures. The funds will be used to expand the team, invest in R&D, and launch the much-awaited copilot. Phot.AI was co-founded in 2023 by Venus Dhuria, Aneesh Rayancha, and Akshit Raja, who previously built AppyHigh. Phot.AI automates creative design and marketplace listings for e-commerce, brands, and retail by using AI agents that learn which designs perform best. The platform reduces manual effort and costs by up to 80% and enables A/B testing of creatives, boosting conversions by 40%. Phot.AI supports product photography, image enhancement, and batch processing using Generative AI, with over 3 million sign-ups pre-launch.

OneTab AI raises $3.3 Mn in seed round

EntrackrEntrackr · 4m ago
OneTab AI raises $3.3 Mn in seed round
Medial

OneTab AI raises $3.3 Mn in seed round Workplace SaaS startup OneTab AI has raised $3.3 million (Rs 28.6 crore) in its seed round co-led by LIT Fund and Orbit. The round also saw participation from a Singapore-based family office, SOSV, Sunil Kumar Singhvi and the company’s founders. The proceeds will be used to ramp up the development and deployment of OneAsk, its AI agent designed to manage the entire software development life cycle (SDLC). Founded in November 2023 by Saket Dandotia, Sonal Dandotia, and Alok Patil, OneTab integrates project management, communication, API development, CI/CD, and AI-driven automation into a single platform, addressing inefficiencies in traditional tools like Slack and Asana. Its proprietary LLMs, OneGPT and OneCode, enable AI-powered project management, coding assistance, and automation while ensuring data privacy through private hosting. Its flagship AI agent, OneAsk streamlines workflows into a single intelligent platform, enabling developers, project managers and businesses to work more efficiently.

Optimo Loan raises $10 Mn seed in round

EntrackrEntrackr · 1y ago
Optimo Loan raises $10 Mn seed in round
Medial

MSME-focused lending-tech startup Optimo Loan has raised $10 million in its seed round led by Blume and Omnivore, with additional contribution from Optimo’s founder, Prashant Pitti. The proceeds will be used to expand its operations, enhance its technology, recruit new talent, and broaden its presence to 20 locations in rural India by the end of this year, the startup said in a press release. Founded by Pitti, Optimo facilitates access to quick, easy, and flexible financing options for MSMEs. It supports businesses in investing in new technologies, increasing liquidity, and ensuring business continuity. The startup actively contributes to local job creation, economic growth, and community development. The startup is also building a co-lending platform for MSMEs with a unique underwriting method. This approach allows Optimo to gain deeper insights into the financial health of MSMEs, enabling informed lending decisions and catalyzing entrepreneurship and economic growth in rural communities. That said, early-stage India-focused venture fund Blume Ventures invests in seed and pre-Series A rounds in tech-led startups. It is presently investing via its Fund IV, a $300 million vehicle supported by institutional LPs and family offices. Following the close of Fund IV, Blume now has an AUM (Assets Under Management) of over $600 million.

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.

Deeptech robotics startup Perceptyne raises $3 Mn in seed round

EntrackrEntrackr · 9m ago
Deeptech robotics startup Perceptyne raises $3 Mn in seed round
Medial

Perceptyne, a deep tech AI-first robotics startup, has raised $3 million in its seed round co-led by Endiya Partners and Yali Capital with participation from Whiteboard Capital and notable angels. The proceeds will be used to ramp up product development, customer acquisition, and growth. The firm is working closely with manufacturing giants in automotive and electronics. Founded by Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya Nadiminti, Perceptyne’s products are designed to perform tasks demanding human-like dexterity, such as product assembly & packaging. To accomplish this, the startup is building a vertically integrated full-stack robotics platform centered around AI. Its flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots with integrated computer vision & AI, multi-modal sensing, and highly articulate end-effectors suited for manufacturing/assembly line applications. According to the startup, its integrated approach will help manufacturing companies accelerate robotic automation efforts by dramatically reducing integration time (quarters to weeks) and implementing automation without changes to their assembly lines.

Billion Hearts raises $4 Mn in new round

EntrackrEntrackr · 8m ago
Billion Hearts raises $4 Mn in new round
Medial

Mayank Bidawatka, co-founder of the vernacular microblogging platform Koo, has raised $4 million for his new consumer tech startup, Billion Hearts, in a funding round led by early-stage venture capital firm Blume Ventures. The round also saw participation from General Catalyst and Athera Venture Partners. The startup had closed a ~$250K pre-seed round from the founders of redBus, Ola, InMobi, and Myntra, among others in September this year. The proceeds will be used to build a global team and enhance its technology, emphasizing that the team will remain small since it is focused on creating a tech-driven product. It also plans to expand its team to 15 by early next year. The startup is currently accepting sign-ups. The first product is slated to launch its beta in early next year for a select few users. The app will be available on both Android and iPhone devices. Vernacular microblogging platform Koo shut down its operations in July this year amid no traction and follow-up investment. The company was also looking for a merger and acquisition deal but failed to find a buyer.

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