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The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.
Startup Funding:
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AI-Powered Platform Presentations.AI Secures Total of $3 Million in Seed Funding
The funding represents a unique show of faith from India's technology ecosystem, with participation from founders of multiple unicorns and category-defining startups.
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OYO to Invest Rs 539.57 Crore in UK for Premium Hotel Expansion
This investment will help create 1,000 jobs in the UK hospitality sector. OYO is shifting its focus to premium properties by acquiring more upscale hotels and securing long-term lease and management contracts.
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Former Cricketer Parthiv Patel Invests in Construction Tech Startup BuilditIndia
BuilditIndia, a construction technology startup has raised an undisclosed amount from former indian cricket player Parthiv Patel for a minority stake.
Startup News:
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Priyanka Gill Step Down from Kalaari Capital To Float Her New Venture
Priyanka Gill, cofounder of The Good Glamm Group who joined Kalaari Capital as a venture partner in January last year has now stepped down from the firm to start her own venture.
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Shadowfax adds three independent directors to its board
Shadowfax says that adding these directors will improve governance and help the company stay innovative and focused on operational excellence in India’s growing e-commerce and D2C markets.
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Tata Communications and CoRover.ai Partner to Enhance AI Solutions for Governments and Businesses
The partnership will also offer ready-to-market AI products and additional customisable solutions along with tools like CoRoAssist, CoRoGrievance, CoRoPayments, CoRoOnboarding, and CoRoAnalytics.
Startup Story:
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Backupdoc.AI: The Journey of Dentist Couple, From Medical Background To Business World
Backupdoc.AI- Delhi-based AI-powered health-tech startup improves diagnostic accuracy, rebuilds trust between doctors and patients, and enhances efficiency in healthcare practices.
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