Insight

AdOnMo, an ad tech startup sponsored by Zomato, has secured $25 million (approximately Rs 209 crore) in a funding round led by Singapore-based venture capital (VC) firm Rigel Capital and Indonesia-based Sinar Mas.

Aarna.ml, an open-source GPU-as-a-Service (GPUaaS) AI Cloud software, has raised $1.25 million in a Series A funding round from Exfinity Venture Partners.

Jhana, a legal-tech startup that specializes in AI-powered legal assistants, has secured $1.6 million in a preliminary funding round led by Girish Mathrubootham (founder of Freshworks) and Manav Garg (founder of Eka Software) through their VC fund, Together Fund.

BillDesk, Dream11, Zerodha, Zoho, EaseMyTrip, Gupshup, Infra.Market, Shiprocket, Mamaearth, Top 10 Profitable Unicorn Startups India 2024.

JSW Group announced that Rajiv Mehta has been appointed as the Chief of Business of its mobility subsidiary, JSW Auto.

Aeravti Ventures has led a preliminary funding round for dairy-tech startup ORIGHT, which has raised $1 million.

Nitin Pulyani has been appointed as the director of product and senior vice president at Cashfree, an online payments processor and aggregator that is backed by the State Bank of India.

Venture Catalysts has led the Series A round of $4 million that conversational AI startup CoRover has completed.

Mukesh Bansal, the former president of Tata Digital and the founder of Myntra and Cultfit, has initiated a new artificial intelligence venture. He has secured $27.5 million in one of the largest seed investments from Accel and Silicon Valley fund General Catalyst.