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SalarySe raises $11.3 Mn led by Flourish Ventures

EntrackrEntrackr ยท 2d ago
SalarySe raises $11.3 Mn led by Flourish Ventures
Medial

url: https://entrackr.com/news/salaryse-raises-113-mn-led-by-flourish-ventures-10605825 Content: Fintech startup SalarySe has raised $11.3 million in its latest funding round led by Flourish Ventures and SIG Venture Capital, with participation from existing investors Peak XV Partners and Pravega Ventures. Earlier in January last year, the Gurugram-based startup had raised its seed funding round of Rs 43.71 crore or $5.2 million led by Surge Ventures and others. The new capital will be used to expand the technology infrastructure, accelerate product development, scale user growth, and strengthen the team. Co-founded by Saumeet Nanda, Mohit Gorisariya, and Piyush Bagaria, SalarySe offers a platform that helps salaried employees manage credit cards, salary advances, and loyalty rewards. The firm integrates with employer payroll systems and provides users tools to track spending, access credit-on-UPI, and optimise financial rewards. SalarySeโ€™s competitors include platforms offering salary advances, rewards tracking, and credit access such as Fibe, Refyne, Zolve, Navi, KreditBee, Fi, and OneCard. As of September 2025, SalarySe reported an annual revenue run rate (ARR) of approximately $1.1 million. The platform manages over 1 million credit cards and 400,000 loyalty program accounts, with more than 100,000 users paying their credit-card bills through the app.

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Fluid Analytics raises $1.6 Mn in pre-Series A round

EntrackrEntrackr ยท 1y ago
Fluid Analytics raises $1.6 Mn in pre-Series A round
Medial

Cleantech startup Fluid Analytics has raised $1.6 million in its pre-Series A round led by Pravega Ventures and joined by an angel investor. The proceeds will be used to execute a global scale-up expansion starting with a focus on North America, the company said in a press release. Founded by Nidhi Jain and Asim R. Bhalerao, Fluid Analytics monitors water infrastructure health, waterway conditions, and the spread of water-borne diseases at scale. The startup claims to have successfully deployed solutions, monitored over 400 million gallons (1.5 billion litres) of urban wastewater spills and enabled the treatment and reuse of over 200 million gallons (800 million litres) daily. It continues to monitor a population of over 17.5 million for water-borne diseases, as an indicator of sewage spills. Its business model helps cities to combat water pollution sustainably, collaborating with utilities, contractors, and engineering firms. Early stage venture capital fund Pravega Ventures focuses on providing seed and pre-Series A funding. Its portfolio includes Crofarm (now Otipy), Fyle, SalarySe, Cashinvoice, and GrayQuest, among others.

Kaleidofin raises $13.8 Mn led by Rabo Partnerships

EntrackrEntrackr ยท 1y ago
Kaleidofin raises $13.8 Mn led by Rabo Partnerships
Medial

Fintech startup Kaleidofin has raised $13.8 million in a new round led by Rabo Partnerships B.V. Existing backers Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India and Flourish have also participated in the round. This takes the total funds raised by kaleidofin since its inception to $37 million. In May 2022, the Chennai-based startup raised $15 million in its Series B round led by the Michael and Susan Dell Foundation and others in two tranches in the same year. The fresh proceeds will be used to scale its lending portfolio and expand credit scoring, middleware, and risk services through selected partnerships. Led by Sucharita Mukherjee and Puneet Gupta, Kaleidofin offers products such as KaleidoGoals, a goal-based savings solution; KiScore, a supervised machine learning-based automated credit health checking platform for informal sectors; KaleidoCredit, a credit as a platform service for lending and debt capital markets use cases; and KaleidoPay, a suite of inclusive payment solutions. The company claims to have facilitated loan disbursal of cumulatively over $2.7 billion for over 4.7 million customers and small enterprises working in the informal economy, since 2020.

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures

EntrackrEntrackr ยท 6m ago
Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures
Medial

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact. Shashank Pathak 05 May 2025 11:12 IST Follow Us New Update Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact, Supermorpheus, and returning investor Cocoon Capital have also participated. The total funding raised by the Bengaluru-based startup now stands at $4.02 million. The proceeds will be used to scale up manufacturing and expand its team. Founded in 2019 by Animesh Kumar Jha, Volt14 focuses on developing silicon-based anode materials for lithium-ion batteries. It has also developed an in-house cylindrical battery cell format demonstrating energy density enabled by its silicon anode. Volt14 claims that its technology increases silicon content in anodes while maintaining performance levels and is currently being evaluated by multiple battery cell manufacturers. According to market research, the lithium-ion battery sector is projected to exceed $300 billion by 2034, driven by electric vehicle adoption and energy storage expansion. Blume Ventures, the lead investor in this round, is also one of the early backers of Battery Smart, which is the most funded startup in the space.

Neobanking platform Kaleidofin raises $5.3 Mn led by IDH Farmfit Fund

EntrackrEntrackr ยท 6m ago
Neobanking platform Kaleidofin raises $5.3 Mn led by IDH Farmfit Fund
Medial

Neobanking platform Kaleidofin raises $5.3 Mn led by IDH Farmfit Fund The Chennai-based startup had previously raised $13.8 million in September 2024. It is backed by Rabo Partnerships, the Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish Ventures. The company has raised $42 million to date. Fintech neobanking platform Kaleidofin has raised $5.3 million (about Rs 44.5 crore) in a new funding round led by the IDH Farmfit Fund. The fresh funds will be used to scale up its lending portfolio as well as expand credit scoring, middleware, and risk services through new partnerships, Kaleidofin said in a press release. Co-founded in 2017 by Sucharita Mukherjee and Puneet Gupta, Kaleidofin is a fintech company that focuses on democratizing finance and providing inclusive financial solutions to underbanked individuals and businesses. It offers a technology platform that combines investments, credit, and insurance, customized to the needs of its customers, and utilizes a "click and brick" approach, integrating both online and offline channels. The company aims to empower everyone with financial services through technology and a network of partners. Kaleidofin aims to reach 600 million underbanked Indians with tailor-made financial solutions. It has developed a tech platform that reduces the cost of providing financial services, making them accessible to customers with very small savings. The platform combines online solutions with a network of partnersโ€”such as banks, MFIs, and NGOsโ€”to provide trusted, last-mile connectivity. Kaleidofin states that it works with various partners, including banks, MFIs, NBFCs, and corporations, to expand its reach and offer a wider range of financial services. It utilizes advanced machine learning and suitability engines to offer goal-based financial solutions, catering to different life stages.

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