Investment

LiaPlus AI Secures INR 2 Crore in Seed Funding to Revolutionize AI-Driven Customer Support

LiaPlus AI Secures INR 2 Crore in Seed Funding to Revolutionize AI-Driven Customer Support

New Delhi: LiaPlus AI, a provider of AI-powered customer support solutions, has successfully raised INR 2 Crore in a Seed Round led by Inflection Point Ventures. Chandigarh Angel Network (CAN) and Growth91 also participated in the round. The fresh capital infusion will be channeled towards accelerating product and technology development, expanding the team, and bolstering sales and marketing efforts. Lia, the company's flagship AI Call Assistant, is designed to streamline sales and customer support operations by executing tasks akin to human agents. The AI Employees platform supports 18 languages, can handle millions of calls per hour, operates 24/7, and even…
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Valyx Raises $800K in Pre-Seed Funding to Automate B2B Revenue and Receivables

Valyx Raises $800K in Pre-Seed Funding to Automate B2B Revenue and Receivables

Bangalore: Valyx, an AI-powered platform that automates B2B revenue and receivables management, has secured $800,000 in a pre-seed funding round. The investment was co-led by Huddle Ventures and Waveform Ventures, with participation from Bharat Founders Fund and Propell Fund. Valyx, founded in late 2023, aims to streamline the often complex and time-consuming processes of billing and collections for businesses. The platform offers a suite of features including rate card management, usage-based billing, collections, cash application, reconciliation, dispute management, and collaborative receivables tracking. By automating these tasks, Valyx allows finance and sales teams to focus on core business activities and building…
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Rapido Secures $200 Million in Series E Funding, Eyes Pan-India Expansion

Rapido Secures $200 Million in Series E Funding, Eyes Pan-India Expansion

Mumbai: Rapido, India's leading ride-sharing platform, has raised approximately $200 million in its Series E funding round, propelling its valuation to $1.1 billion. This substantial investment underscores Rapido's remarkable growth and its ambition to reshape shared mobility across India. The funding round was spearheaded by WestBridge Capital, a prominent investment firm with a focus on the Indian market. Existing investor Nexus also participated, alongside new investors Think Investments and Invus Opportunities. Rapido plans to utilize the fresh capital to fuel its expansion across India and bolster its technology platform to improve service quality. The company intends to amplify its operations…
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TransBnk Scores Big with $4 Million Funding in Series A

TransBnk Scores Big with $4 Million Funding in Series A

Mumbai: TransBnk, the fintech startup, has just bagged a massive $4 million in Series A funding. This cash injection is a major win for the Mumbai-based company, and it's all thanks to a group of savvy investors. Leading the charge is 8i Ventures, a venture capital firm with a knack for spotting the next big thing in fintech. Accion Venture Lab, a global impact investor, also jumped on board, showing their faith in TransBnk's mission to make financial services more accessible and efficient. So, what's TransBnk up to with all this newfound cash? Well, for starters, they're looking to expand…
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Inflection Point Ventures Cashes Out on Fashor Investment

Chennai: Inflection Point Ventures (IPV), the go-to angel investor for budding Indian startups, has just scored a major fashion win. The firm has officially exited its investment in Fashor, a trendy fashion brand that IPV backed in 2019. And the payoff? A cool 33% Internal Rate of Return (IRR). That's right, IPV's fashion-forward gamble paid off big time. This marks another successful exit for the venture capital firm, cementing its reputation as a fashion-savvy investor. IPV's investment in Fashor wasn't just about throwing money at a promising brand. The firm played a key role in guiding Fashor's growth and helping…
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IPV Announces Seed Funding for Winners of Startup Accelerator Program

IPV Announces Seed Funding for Winners of Startup Accelerator Program

Delhi: Inflection Point Ventures, an angel investment platform, has announced the winners of its first ever early stage accelerator program IPV Ideaschool Batch 1.0. The three winners, Bloq Quantum, Medront Datalabs, Telkes Technologies were awarded a seed funding of Rs 80 lakhs each. This six-week nationwide program was designed to transform early-stage startups from idea to MVP. After a rigorous multi-level selection process starting with over 1000 applications, the top 15 ideas made it to the final round. The journey was marked by intensive masterclasses, bootcamps, and mentorship sessions conducted by industry experts. Applications were received from several promising sectors, showcasing…
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Docplix raises INR 1.2 Crore in Bridge Round

Docplix raises INR 1.2 Crore in Bridge Round

Lucknow: Health-tech company Docplix has raised INR 1.2 Crore in Bridge Round led by Inflection Point Ventures. As per Docplix, the funds raised will be utilized for product development, AI integration, and market expansion. This will involve enhancing their EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding their market reach to bring their innovative healthcare solutions to bigger clinics and hospitals. DocPlix is on a mission to transform healthcare in India by digitizing health records for 1.4 billion people. The company's ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of…
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Zypp Electric Raises $15m Investment Led by ENEOS

Zypp Electric Raises $15m Investment Led by ENEOS

New Delhi: Zypp Electric, tech-enabled EV-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS. The Series C1 funding comprises $15 million in equity closure as part of its ongoing $50m round which is split into $40m equity and $10m in debt. The equity funding saw participation from prominent investors including ENEOS along with participation from existing investors 9unicorns, IAN fund, venture catalysts, WFC & others. As per Zypp, the Series C funds will be utilized to expand it’s fleet from 21,000 to 200k electric scooters…
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Inspeq AI Raises INR 9.1 Crore Led by AI Investment Firm Sure Valley Ventures

Inspeq AI Raises INR 9.1 Crore Led by AI Investment Firm Sure Valley Ventures

New Delhi: AI development platform provider Inspeq AI today announced that it has raised $1.1 million (approximately INR 9.13 Crore) in a pre-Series-A investment round led by AI investment firm Sure Valley Ventures with participation from Delta Partners. Other investors in the round include Plug and Play, and several marquee angel investors, including Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former MD of Meta Ireland), Cyril Treacy (Former VP of Salesforce), and other tech executives.  Inspeq AI was founded in 2023 in Dublin, Ireland, by senior tech leaders Apoorva Kumar (formerly at Microsoft, SAP, Amazon, and Informatica) and Ramanujam Macharla Vijayakumar (formerly at LinkedIn). The…
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Freshleaf Raises INR 1 Crore In Seed Round

Freshleaf Raises INR 1 Crore In Seed Round

Ludhiana: Freshleaf has raised INR 1 Crore in seed round led by Inflection Point Ventures. As per the Freshleaf, the funds raised will be utilized to expand marketing efforts, increase production capacity, and enhance research and development for new products. By focusing on these key areas, Freshleaf aims to strengthen its brand presence, meet growing demand, and bring exciting new teas to its consumers. This investment will enable Freshleaf to offer high-quality teas that enrich the tea-drinking experience for modern consumers. With innovative flavors and a commitment to accessibility, Freshleaf is set to become a leading name in the competitive…
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