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Total emergency network, Maidaan raises early-stage funding

VCCircle

VCCircle · 1y ago

Total emergency network, Maidaan raises early-stage funding

Healthcare logistics startup Total Emergency Network has secured Rs 2 crore in seed funding from Biorx Venture Advisors and undisclosed high-net-worth individuals. The Hyderabad-based startup offers a healthcare-focussed logistics platform, providing ambulance services and medical personnel within 15 minutes across India. Social entertainment platform Maidaan has also raised an undisclosed amount in a pre-seed funding round led by Inflection Point Ventures and EvolveX. Maidaan hosts live olympiads and tournaments for school children and aims to provide exposure and opportunities beyond school education.

Related News

Funding and acquisitions in Indian startups this week [11-16 Dec]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [11-16 Dec]

This week, Indian startups raised a total funding of approximately $548 million. This included seven growth-stage deals and 10 early-stage funding deals, with details of two startups' funding undisclosed. The funding was led by Udaan, a B2B e-commerce platform, with $340 million in a Series E round. Bengaluru-based startups secured the most funding deals, followed by Delhi-NCR. In terms of mergers and acquisitions, fantasy sports company acquired NFT marketplace Good Game Exchange, while Nourish You acquired vegan food brand One Good. Additionally, Omidyar Network India announced plans to wind up operations in India.

Louisa AI raises $5 million seed funding

Thehindubusinessline

Thehindubusinessline · 1y ago

Louisa AI raises $5 million seed funding

Louisa AI, an AI-powered platform, has raised $5 million in seed funding to further develop its technology that aims to systematise serendipitous professional connections. The platform, which originated from a concept at Goldman Sachs, uses AI and network effects to create business opportunities for sales and deal-making. The funding was led by investors such as Oxford University and early-stage venture capitalists. With this funding, Louisa AI plans to expand its capabilities and redefine B2B interactions by offering tools to effectively leverage networks for growth and collaboration.

Funding and acquisitions in Indian startups this week [15-20 Jan]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [15-20 Jan]

This week, Indian startups raised a total of $178 million, with two growth-stage and 22 early-stage deals. The funding included investments in startups such as Wow! Momo, OneCard, International Battery Company, StockGro, and FinAGG. Bengaluru-based startups led the city-wise funding deals, followed by Delhi-NCR and Mumbai. Series A stage deals dominated the funding, with 10 deals, followed by pre-Series A, pre-seed, and seed stage deals. Four acquisitions also took place this week, including Cured by Innovaccer, Clientjoy by Synup, ZestMoney by DMI Group, and Kyndi by Qlik.

Incuspaze, Unwelt.AI secure early-stage funding

VCCircle

VCCircle · 1y ago

Incuspaze, Unwelt.AI secure early-stage funding

Incuspaze, a flexible workspace provider, has secured $8 million in early-stage funding led by the India Inflection Opportunity Fund (IIOF) and other financial institutions. The funding will be used to expand Incuspaze's network of workspaces and improve its technological infrastructure. Established in 2016, Incuspaze currently has a presence in 44 locations across 18 cities and a total portfolio of 3 million square feet. In a separate funding announcement, HR technology platform Unwelt.AI raised $125,000 in seed funding from Upekkha and Accelerator. Unwelt.AI uses artificial intelligence and data science to enhance employee experiences, offering AI-powered people analytics and solutions for improving talent retention.

Funding and acquisitions in Indian startups this week [30 Oct-04 Nov]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [30 Oct-04 Nov]

In the past week, Indian startups raised a total of $229 million in funding, with a 32% decrease compared to the previous week. The funding included three growth-stage deals, led by Mamaearth with $91 million, followed by Aequs with $54 million, and Skyroot Aerospace with $27 million. There were also 16 early-stage deals, with Vridhi Home Finance, Sugar.fit, and Fibmold being the top recipients. Funding details for seven startups remained undisclosed. Delhi-NCR led the city-wise deals, while seed-stage startups dominated the funding rounds.

Dial4242 enabling patients to book ambulance in 15 seconds raises Rs 1 crore

IndianStartupNews

IndianStartupNews · 1y ago

Dial4242 enabling patients to book ambulance in 15 seconds raises Rs 1 crore

Mumbai-based startup Dial4242 has secured Rs 1 crore in a seed funding round to expand its ambulance booking service across India. The company's app-based network connects users with emergency facilities by providing timely ambulance services. Dial4242 has partnered with insurance and gig economy players and claims to be the only ambulance service in India supporting policyholders. The funding will be used to enhance services and expand in more cities.

Kerala-based startups witness 40% surge in seed-stage funding in 2023: Report

Livemint

Livemint · 1y ago

Kerala-based startups witness 40% surge in seed-stage funding in 2023: Report

According to the Tracxn Geo Annual Report, Kerala-based startups experienced a significant increase in seed-stage funding in 2023. Investments in this stage reached $26.2 million, representing a 40% surge compared to 2022. The most active investors in seed-stage rounds were Avaana Capital Advisors, 9Unicorns, and Huddle. However, early-stage funding witnessed a drop of 32%, totaling $7 million in 2023. Food & Agriculture Tech startups saw a remarkable funding increase of 266%, while the ed-tech sector faced a decline. Kochi emerged as the leader in funding, followed by Alappuzha and Thiruvananthapuram. The Kerala startup ecosystem ranks 11th in India with $354 million in total funding.

Startup funding jumps 77% to $144 million this week

Economic Times

Economic Times · 1y ago

Startup funding jumps 77% to $144 million this week

In the third week of February 2024, startup funding surged by 77% compared to the same week the previous year, reaching a total of $143.6 million across 21 deals. The majority of the funding was in the early-stage category, accounting for approximately 76% of the total. Some notable funding rounds included Captain Fresh securing $25 million, Astrotalk raising $20 million, Amber receiving $21 million, Supertails raising $15 million, and MetalBook securing $15 million.

Only 64 funds worth $5.6 Bn+ launched in the year of extended funding winter

Inc42 · 1y ago

Only 64 funds worth $5.6 Bn+ launched in the year of extended funding winter

According to the article, the Indian startup ecosystem faced funding challenges in 2023, with a decrease in total funding compared to previous years. Only 64 funds, amounting to $5.6 billion, were launched during the year. Early-stage and early-growth funds were the most common, with 31 funds launched. Late-stage funds faced pressure, with only 16 launches. Sector-focused funds, particularly in SaaS-enterprise tech and fintech, gained prominence. The article also mentions the departure of high-profile startup executives to establish new ventures and the uncertainty of VC fund launches in 2024.

ETtech Done Deals: Startup funding dips 18% to $121 million this week

Economic Times

Economic Times · 1y ago

ETtech Done Deals: Startup funding dips 18% to $121 million this week

In the first week of March, funding for startups decreased by 17.6% compared to the same period last year, reaching a total of $121.2 million across 18 deals. Data from Tracxn reveals that companies in seed, early, and late stages raised $147 million from 33 rounds between March 2 and March 8, 2023. The top three most active investors during this period were Elev8 Venture Partners, Alpha Wave, and Panthera Growth Partners. Early-stage funding accounted for 57% of the overall deal value, followed by the late stage at 38.8%.

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