LOVO closes its pre-Series A with USD 4.5 Million

26. August.2021 - LOVO AI, an Artificial Intelligence-based voice and synthetic speech tool developer, announced that it raised USD 4.5 Million in a pre-Series A round. This funding was led by South Korean Kakao Entertainment with Kakao Investment and an affiliate of LG Group, LG CNS. The round was also participated by the startups’ previous investors like SkyDeck Fund and...

Agritech robotics startup TartanSense secures US $5M in Series A funding

TartanSense, an India-based AI-driven robotics startup offering effective solutions to the small farming communities to lower their input expenses, has secured US$ 5 million in a Series A funding round co-led by FMC Ventures and Omnivore on 25 August 2021. Investors: The latest investment round features FMC Ventures and Omnivore as the lead investor with participation from Blume Ventures. The startup...

Workera.ai secures USD 16 Million in a Series A round

26.August.2021 - Palo Alto-based Workera.ai, an online platform, announced that it raised USD 16 Million in a Seed funding round. The round was led by New Enterprise Associates. The round was participated by AI Fund and Owl Ventures and individual investors like Lake Dai, Mehran Sahami, Richard Socher and Pieter Abeel.   Words from the investor -  General Partner and Head of Asia...

US-based fintech platform Ramp raises US$ 300 million in Series C, with valuation soaring up to US$ 3.9 billion

Ramp, a New York-based technology company that develops corporate cards, has more than doubled its valuation after securing a fundraise of US$ 300 million in a Series C funding round led by Peter Thiel’s Founders Fund on August 24 2021. The company also greeted investment from Redpoint, BoxGroup, Spark Capital, Lux Capital, Thrive Capital, Coatue, ICONIQ Capital, Altimeter Capital,...

Indian startup Syook secures US$ 1M in Series A funding

Syook, a Bengaluru-based startup enabling enterprises to visualize their operations and offering insights that can translate into scalable impact, has secured US$ 1 million in a Series A funding round on 24 August 2021. Investors: The latest funding round involved participation from Inflection Point Ventures and ONGC. Newchip and many independent investors also back the startup. Purpose of the funding: The startup seeks to...

Israel-based Infotech startup Veego bags US$ 13 Million in Series A funding

Veego Software, a Ramat Gan, Tel Aviv-based infotech SaaS platform, has secured a fundraise of US$ 13 Million in a Series A funding round, held on August 25 2021. Magenta Venture Partners, a venture capital firm focused on early-stage Israeli startups in the AI, IoT, and enterprise software domains led the venture round. Veego acquired capital from its subsisting...

Indian Lifestyle e-commerce platform-Smytten rakes in US$ 6 Million in Series A funding

Based in Haryana, India, e-commerce startup Smytten has raised US$ 6 million in a Series A funding round led by Fireside Ventures. The venture round, held on August 24 2021, also saw the participation of the startup’s existing backer, Roots Ventures, along with Sharrp Ventures (Mariwala family office), Survam Partners (Suman Kant Munjal family office), and Waao Partners (Pratul...

Top 10 Greentech startups in Israel

The Greentech sector across the globe is expanding exponentially. Israel is on the verge of becoming a global leader in Green technology. In the 2017 Global Greentech innovation index, Israel was ranked as #6.  The ecosystem of Israel’s startup is using groundbreaking technologies to promote more ecologically responsible and environment-friendly decisions and manufacturing processes. Nearly USD 10 Billion was invested...

IIT Kharagpur’s E-Cell partners with GoToPitch to launch its Global Business Model Competition “Empresario”

The Entrepreneurial Cell at IIT Kharagpur, has partnered with GoToPitch this year to launch its Global Business Model Competition - Empresario 2022, anticipating startups to participate in huge numbers and encourage enterprising innovation ideas through the event.  Event Profile - Empresario Empresario 2021-22 intends to provide a platform for students and young entrepreneurs to access exceptional opportunities and exposure to get...

Fintech startup Khatabook secures US$ 100M in Series C funding

KhataBook, an Indian fintech startup offering a variety of digital services fundamentally to MSMEs, has secured US$ 100 million in a Series C funding round led by Tribe Capital and Moore Strategic Ventures (MSV) on 23 August 2021. Investors: The latest investment round featured Tribe Capital and Moore Strategic Ventures as the lead investors with participation from Alkeon Capital, B Capital Group,...