Insight

Fibr, a martech startup utilising artificial intelligence, has secured $1.8 million (about INR 15 crore) in a seed fundraising round, with venture capital firm Accel leading the investment.

Fisdom, a wealthtech startup based in Bengaluru, has appointed Girish Venkat as the head of its wealth management division.

ideaForge Technology Limited, a leading global drone technology company, today announced its partnership with Inertial Labs, a global leader in innovative inertial sensors and integrated GPS systems.

Lenskart, a store specialising in eyewear, has secured an investment of around $20 million from its co-founders Peyush Bansal, Neha Bansal, Amit Choudhary, and Sumeet Kapahi.

Statiq, the foremost electric vehicle (EV) charging network in India, has formed a partnership with Bharat Petroleum Corporation Limited (BPCL) to expedite the acceptance of electric vehicles in the country.

Fresh Bus, a supplier of inter-state electric bus services based in Bengaluru, has successfully raised INR 43.68 Cr (about $5.3 Mn) in its Series A fundraising round.

Moneyboxx Finance Limited, a non-banking financial institution that is publicly traded on the Bombay Stock Exchange (BSE), has successfully generated Rs 271 crore by issuing new shares of stock.

Protonas, a firm that specialises in affordable polymer electrolyte membrane (PEM) hydrogen fuel cell systems, has obtained an undisclosed sum of money in a round headed by Transition VC.

The Optics’ first AI enabled vision inspection startup AugurAI Private Limited has raised 50L in a seed funding round led by the SASTRA FIRST Technology Business Incubator (TBI) under the prestigious Startup India Seed Fund Scheme (SISFS) programme.

Honestly, a beauty and personal care (BPC) review platform powered by AI, has secured Rs 3.2 crore in a pre-seed funding round led by Better Capital.