funding Alert

Cross-Platform Application For Film Makers & Writers, Studiovity has raised an undisclosed amount in pre-seed funding from IIM Kashipur. Studiovity is taking a big step ahead and paving the way for more creative developments and rapid expansion in the film and video pre-production industry.

Healthy and Macro counted food delivery platform The Kenko Life has closed an angel funding round led by Mr. R Raghunathan, Co-Founder of Prizm Payment Services (now known as Hitachi Payment Services Private Limited) and OPC Asset Solutions.

In its pre-Series A funding round, enterprise IT firm Adya.ai secured INR 10.5 Cr ($1.2 Mn), with Indian Angel Network (IAN) leading the round. Other strategic financiers also participated in the financing.

The organic dairy firm Akshayakalpa Organic, led by A91 Partners, has secured Rs 100 crore (about $12 million) in its Series C fundraising round.

ConveGenius, an ed-tech firm specializing in artificial intelligence (AI), secured $7 million (Rs 58 crore) in a fundraising round led by Mount Judi Ventures and UBS Optimus Foundation, among other investors.

A Rs 250 crore SaaS accelerator fund has been established by alternative investment platform GetVantage to assist business-to-business enterprises in growing without diluting their equity.

In a funding round headed by Wipro Consumer Care Ventures, Mirabilis Investment Trust, and She Capital, in addition to current backer Fireside Ventures, D2C baking business The Baker's Dozen secured Rs 33 crore.

Ambitio, an AI copilot for higher education abroad, has secured Rs 1.55 cr in its pre-seed round co-led by First Cheque and alongside additional financiers.

In a seed round headed by venture capital company CDM Capital, fintech startup Mylapay secured Rs 4.6 crore ($550K). 77 Capital and Saison Capital, based in Singapore, also participated in the round.

Accio Robotics, a Bengaluru-based startup in warehouse automated machinery, has raised $1.8 million (about INR 15 crore) in a Pre-Series A financing round headed by BIG Capital, Unisync Angels, and Daniel Fitzgerald.