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Tax management infra startup Prosperr.io raises $4 Mn led by Jungle Ventures

EntrackrEntrackr · 1m ago
Tax management infra startup Prosperr.io raises $4 Mn led by Jungle Ventures
Medial

AI-led tax management infrastructure startup Prosperr.io has raised $4 million in a seed funding round led by Jungle Ventures. The round also saw participation from Yatra Angel Network, Sadev Ventures, and other investors. The Bengaluru-based company has now raised a total of $5.55 million since its incorporation in 2022. Earlier in August last year, Prosperr had raised $1.55 million in its pre-seed round led by Gokul Rajaram, a board member at Pinterest and Coinbase. The proceeds will be used to accelerate product development, strengthen AI capabilities, and scale its B2B sales operations. The company is also exploring expansion into adjacent areas such as wealth management. Founded by Manas Gond and Dev Kumar, Prosperr.io is building software infrastructure to manage tax planning, compliance, and employee reimbursements for both individuals and enterprises. The platform uses automation and AI to handle deductions, filings, and compliance workflows across salaried users and businesses. For enterprises, Prosperr.io offers tools that automate employee tax benefits, reimbursements, and compliance, reducing manual processing and regulatory risk. On the consumer side, the company operates a subscription-led model that provides ongoing tax planning and advisory, adjusting to changes in income and financial goals. The brand has also expanded its enterprise offering with an AI-powered reimbursement product aimed at simplifying corporate tax operations. Prosperr.io claims strong traction across both segments, with high retention among enterprise clients.

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Travel products platform Escape Plan raises $25 Mn led by Jungle Ventures

EntrackrEntrackr · 13d ago
Travel products platform Escape Plan raises $25 Mn led by Jungle Ventures
Medial

Travel products platform Escape Plan raises $25 Mn led by Jungle Ventures Co-founded in 2025 by Abhinav Pathak and Abhinav Zutshi, Escape Plan is a travel products platform built around the needs of the modern Indian traveller. Escape Plan has raised $25 million in a Series A funding round led by Jungle Ventures, along with participation from Fireside Ventures and strategic investor IndiGo Ventures, the corporate venture capital arm of IndiGo. The Bengaluru-based startup had previously mopped up $5 million in a funding round led by Jungle Ventures through its First Cheque@Jungle initiative, along with Fireside Ventures and several angel investors, in July last year. The proceeds will be deployed to strengthen its brand, pricing, and distribution across India and select international markets. This includes deepening its omni-channel presence across metros, tier I and tier II cities, expanding its physical retail footprint to over 200 stores, and increasing availability across major travel hubs and corridors. Escape Plan is a travel products platform built around the needs of the modern Indian traveller. The company curates and creates luggage, accessories, and mobility solutions across multiple travel use cases. It operates across online marketplaces, direct-to-consumer channels, and a rapidly expanding retail network across India. Escape Plan claims it is currently operating at an annualised revenue run rate of over Rs 300 crore, driven by demand across cities, channels, and a wide range of travel use cases. The company also plans to enter select international geographies aligned with Indian outbound travel. Escape Plan also aims to strengthen its technological capabilities to build deeper control across the value chain. The company will invest in core tech systems to improve speed, availability, and consistency across channels, while advancing product innovation through design-led and sustainability-focused materials. The brand sells both in-house and partner-manufactured products through its own platform. It competes with other D2C players such as Mokobara, Nasher Miles, Uppercase, and Acefour Accessories in India’s fast-growing travel gear market.

Payment infra startup Mylapay raises $1 Mn

EntrackrEntrackr · 1m ago
Payment infra startup Mylapay raises $1 Mn
Medial

Chennai-based payment infrastructure startup Mylapay has raised $1 million as part of an ongoing funding round, ahead of its planned Series A raise. The round saw continued backing from CDM Capital and Credit Saison, along with new participation from GrowthCap Ventures, led by Pratekk Agarwaal, and a group of strategic angel investors. Prior to this round, the startup had raised $550,000 in seed funding. With the latest capital infusion, Mylapay is preparing to scale adoption of its acquiring platform and move closer to a full Series A fundraise later this year. The proceeds will be used to strengthen Mylapay’s core payment infrastructure, expand its product stack, deepen integrations with banks and payment aggregators, and support international expansion across the Middle East, Africa, and the US. Founded by Mohanraj Ravi, Mylapay builds backend payment processing systems covering 3DS authorisation, switching, clearing and settlement, and reconciliation. Its platform is certified by major card networks including Visa, Mastercard, and RuPay. Mylapay recently rolled out a unified acquiring platform that allows banks and payment institutions to manage card and UPI acquiring through a single integration. The platform is designed to handle more than 5,000 transactions per second and focuses on compliance-led, modular payment processing.

Stackbox raises $4 Mn led by Enrission India Capital

EntrackrEntrackr · 3m ago
Stackbox raises $4 Mn led by Enrission India Capital
Medial

Logistics tech startup Stackbox has raised $4 million in a fresh funding round led by Enrission India Capital. The latest investment will help Stackbox accelerate its product innovation and expand across Southeast Asia while strengthening its footprint in India. The Mumbai-based startup, founded by IIT alumni Sabyasachi, Shanmukha, Venktesh, and Nitin, leverages deep-tech solutions including its AI-powered Warehouse Management System and Transportation Management System to streamline operations in sectors such as FMCG, manufacturing, and e-commerce. Backed by a team with proven expertise in supply chain management and enterprise software, Stackbox has attracted clients among leading FMCG and manufacturing companies seeking efficiency and scalability. Stackbox’s founders said that the funding enables them to “build the digital backbone of tomorrow’s logistics,” supporting intelligent processes from warehouse to last-mile delivery. According to startup data intelligence platform TheKredible, Stackbox has raised over $2 million, including a $1.2 million seed round led by Ecosystem Ventures in August 2021. For the fiscal year ended March 2024, the Bengaluru-based company posted a profit of Rs 6 crore on operating revenue of Rs 25.7 crore.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

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