OTO, India's leading digital commerce and lending platform for two-wheelers, has recently raised funding of $10 million. This round was led by GMO Venture Partners and saw participation from Turbostart, Indian cricketer KL Rahul, and a few other family offices. Existing investors Prime Venture Partners, Matrix Partners, and 9Unicorns funds also participated in the round.
Prime Venture Partners led the $5 million (around Rs 40 crore) pre-series A investment round for rural lending startup Navadhan. The financing included participation from longtime investors Gemba Capital and Varanium NexGen Fintech Fund.
ZuAI, a Bangalore-based GenAI startup, today announced that it has raised INR 4 crore in seed funding led by Prime Venture Partners. The groundbreaking AI-powered personal tutor for students aims to enhance academic outcomes for one hundred million students in the next three years.