BusinessStartup

AC Ventures raised $80 million for Indonesian Startups

As one of the world’s most populated countries, with a fast-developing internet economy, Indonesia gives masses of possibility for startups. AC Ventures desires to faucet into that with its $eighty million ACV Capital III L.P. fund. The organization introduced the primary near of the fund today, with $fifty six million already committed. The capital can be invested into 30 Indonesian startups…
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Robotics startup Miko raised Rs 23 Cr in pre-series B spherical led through Stride Ventures

Robotics startup Miko, based through IIT Bombay graduates Sneh R Vaswani, Prashant Iyengar, and Chintan Raikar, in conjunction with worldwide specialists in engineering, mathematics, design, and schooling has raised Rs 23 crore in pre-collection B investment led with the aid of using Stride Ventures. Existing buyers YourNest Venture Capital; Chiratae Ventures; Keshav Murugesh, Former Chairman of…
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PE fund Rabo Equity sold 21.7% stake in Vacmet

Rabo Equity Advisors, the meals and agriculture-focused private fairness fund, has bought its 21.7 per cent stake in Vacmet returned to its promoters, making round 2.five instances returns on its funding. Almost a decade after the fund invested Rs 50 crore in the agency, it has exited via buyback from promoters over tranches, the fund stated in its release. Vacmet Ltd is a maker of bendy packaging…
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NowPay has raised $2.1 million in a seed spherical co-led through Foundation Ventures and others

Cairo-primarily based fintech NowPay has raised $2.1 million in a seed spherical co-led through Foundation Ventures and Endure Capital, with the participation of traders from the United States, United Arab Emirates, China, and Egypt, it introduced in a declaration to MENAbytes today. Beco Capital, 500 Startups (MENA), Plug and Play, 4Dx Ventures, MSA Capital, EFG-EV Fintech, and Ebikar…
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Soil testing startup Krishitantra has secured $1m seed capital from Omnivore

Sandeep Kondaji didn’t have a lot of experience in farming while he determined to get into soil checking out. But six months operating on his uncle’s farm turned into sufficiently frustrating for him to determine that farmers wanted better tools to keep the health of their fields. Now, after 3 years operating on a fast soil checking out device, Kondaji’s business enterprise Krishitantra has…
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Legaltech startup MikeLegal raised seed spherical from SOSV, Artesian

Gurugram-primarily based legaltech startup MikeLegal on Friday introduced that it had raised an undisclosed seed spherical from US-headquartered mission capital company SOSV and Australia-primarily based totally VC company Artesian. Tushar Bhargava, Co-founding father of MikeLegal, stated, “MikeLegal is presently assisting prison groups automate their complete trademark processes, which nowadays…
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Treebo Hotels raises $6 million in funding led through present investors

Budget hospitality chain Treebo Hotels has raised $6 million (about Rs forty four crore) in a brand new financing spherical, led through its present set of investors – Matrix Partners India, SAIF Partners, Ward Ferry Management and Bertelsmann India, the Bengaluru-primarily based corporation stated on Thursday. The latest spherical comes greater than 3 years after Treebo raised $34 million in a…
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Java Capital leads seed investment for psychometrics-primarily based hiring platform PakkaProfile

PakkaProfile Psychometrics Pvt Ltd, which operates a game-primarily based gig workforce recruitment and evaluation platform, has raised investment in a seed spherical led through early-stage funding syndicate Java Capital. Bengaluru-primarily based Java was installation through former Kalaari Capital executive and angel investor Vinod Shankar, with Bhargavi V and Karteek Pulapaka. It makes…
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SaaS startup Omnify raised Pre-Series A spherical by angel investors throughout India, the US

Omnify, a San Fransisco-primarily based service, ecommerce, and control startup, on Thursday introduced the near of its Pre-Series A investment spherical. The spherical was led through AngelList Syndicate and Sequoia Scout, with participation from marquee angel buyers. Which includes Ramakant Sharma (Co-founder, LivSpace); Anand Chandrasekharan (Executive Vice President, Product Management and…
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Agritech startup Ergos raised extra Rs 38.5 Cr from Chiratae Ventures, Aavishkaar Capital

Agritech startup Ergos Business Solutions Pvt Ltd on Wednesday introduced it has raised an extra capital of Rs 38.5 crore ($five million) in Series A spherical with fresh funding from Chiratae Ventures and Aavishkaar Capital. Chiratae Ventures led the Series A spherical with an funding of Rs 23.five crore, while Aavishkaar Capital, the Impact Investing arm of the Aavishkaar Group, invested an…
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