Schmooze, an AI-driven meme-based dating app, has successfully raised $4 million in a Series A funding round led by Elevation Capital. The funding also attracted participation from notable angel investors, including founders from UltraHuman, The Souled Store, Mosaic Wellness, and Paytm.
Founded in 2021 by Vidya Madhavan and Abhinav Anurag, Schmooze initially targeted US users but expanded to the…
Mayank Bidawatka, the co-founder of the vernacular microblogging platform Koo, is gearing up to launch his new startup, Billion Hearts Software Technologies. The company recently finalized a pre-seed funding round, securing approximately $250,000 from notable investors, including founders of redBus, Ola, InMobi, and Myntra.
Billion Hearts is poised to raise nearly $500,000 to kickstart its…
Mumbai-based gaming giant Nazara Technologies has significantly bolstered its position in the esports industry with a strategic acquisition. Through its wholly-owned subsidiary, Nazara Dubai FZ, Nazara has acquired a 15.86% stake in GetStan Technologies Pte. Ltd (STAN) for ₹18.4 crore. This all-cash secondary transaction marks a pivotal move for Nazara as it continues to strengthen its foothold…
OfBusiness, the B2B marketplace unicorn, is preparing for a significant initial public offering (IPO) valued between $750 million and $1 billion. The company aims to launch the IPO in the second half of 2025 and is in the process of finalizing investment bankers to manage the public issue.
IPO Details and Investment Bankers
OfBusiness CFO Bhavesh Keswani revealed to Reuters that the startup is…
Bengaluru-based Stoa, renowned for offering alternative MBA courses, is making a significant shift with the launch of its new AI-based enterprise agent platform, Zeus. This pivot from educational services to technology reflects Stoa’s ambition to redefine how organizations manage and align their teams.
Zeus: An AI Revolution for Enterprise Efficiency
Zeus is positioned as an organizational…
