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.
Campus Fund which announced its second fund of Rs. 75 crore in July 2022 to fuel student-led start-ups, shared that its Fund II has been oversubscribed by 37%.