Team VS

Jodaro Raises $750K Funding in seed round. Maninder Gulati provided support to Fundamental VC, the lead investor, in this round.

Global leader in digital media and digital marketing solutions, Adobe Acquires AI-Powered synthetic video Creation Platform, Rephrase.ai.

Infosys a global leader in next-generation digital services and consulting, today announced yet another successful collaboration with Proximus, Belgium’s leading digital services and communications solutions provider, to deliver an IT modernization and consolidation project. The project will see Infosys consolidating key components of the IT stack of a Proximus affiliate into the main IT stack, enabling them among others to offer fiber and new digital services to more of its customers.

seafund Invests INR 5 Crore into Five Startups. These are in Evhicle, Swapp Design, Simatricals, Redwings and Docker Vision. Docker Vision accelerates shipping container mobility at ports and provides real-time condition assessments by utilizing computer imaging and artificial intelligence.

Vendor Management Startup for Businesses to Businesses Bizongo, To provide digitalization solutions to micro, small, and medium-sized businesses (MSMEs), acquired FactoryPlus, an application for digitizing factories.

The virtual spirituality startup VAMA secured $1.5 million in a seed round led by Wavemaker Partners, with Lisa Gokongwei-Cheng of Summit Media and Harit Nagpal of Tata Play also participated. The round also included angel backers Dhruv Bahl and Burak Buyukdemir, as well as venture capitalist investors Blume Founders Fund, Alluvium, and Untitled VC.

'Scapia, the fintech company on a mission to make travel accessible through its suite of financial products, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.

Kiwi, a fintech startup, raised $13 million in a recent funding round, under the leadership of Omidyar Network India. Participating in the round were long-time investors Nexus Venture Partners and Stellaris Venture Partners.

Mobility Platform for Gig Workers Baaz Bikes has raised $8 million in a Series A round, led by Big Capital, a Singapore company.

The Centre for Research on Start-ups and Risk Financing (CREST) an Institute of Eminence Research Centre at IIT Madras has developed India’s first information platform on incubators and accelerators.