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Founder of Failed FinTech Raises $11M for Robotics Startup Aiming to Automate Global Production
Sankaet Pathak, founder of the collapsed financial technology company Synapse, has secured $11 million in funding for his latest startup venture in the robotics industry. Pathak told reporters this week that he has raised the seed round…
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Over $150 Million in Fintech User Deposits Frozen by Synapse Bankruptcy
When a major fintech company providing crucial backend services to other firms experiences troubles, the ripple effects can be far-reaching. That's been evidenced by the ongoing bankruptcy saga of Synapse, a San Francisco-based…
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Leading Indian AI Investing Platform Raises Significant Funds to Expand Access to Technologies
One of India's leading AI-focused investment platforms, InvestorAi, has raised 80 crore rupees in a Series A funding round led by a prominent venture capitalist. The Bengaluru-based startup will use the fresh capital injection to strengthen…
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AI startup Trunk Tools secures $30 million to optimize construction documentation
Trunk Tools, an AI startup that aids the organization of unstructured construction files, has raised $20 million in a Series A funding round led by Redpoint Venture Capital. This latest investment brings the total funding for the New York…
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SleekFlow Secures $7 Million to Expand its AI-Powered Conversational Commerce Platform Across Asia
Leading social commerce startup SleekFlow has raised $7 million in new funding to accelerate the development and roll-out of its artificial intelligence capabilities. The Series B round was led by Atinum Investment and saw participation…
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Kaynes eyes Rs 5,000 crore investment for new chip plant in Gujarat’s industrial hub of Sanand
In a significant step that can boost India's ambitions in the semiconductor sector, electronics manufacturer Kaynes Technology has reportedly acquired land in Gujarat's industrial region of Sanand to set up an outsourced chip assembly and…
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African FinTech Waza Raises $8 Million to Digitize Cross-Border Payments for Businesses
Despite rising demand for global trade, businesses in emerging markets often face challenges accessing affordable payment solutions and managing liquidity across borders. One startup is looking to change that by streamlining…
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Indian Startups Raised Nearly $400 Million In Funding Deals Last Week Led By OYO’s Mega Round
Last week witnessed heightened funding activity in the Indian startup ecosystem with entrepreneurs successfully raising a total of nearly $400 million across 20 deals. Some of the notable startups that managed to secure significant capital…
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Ecom Express FY24: IPO-Bound Startup’s Loss Narrows 67% To INR 255.8 Cr
Ecom Express, one of India's largest logistics providers catering to the e-commerce industry, has managed to significantly cut its losses for the financial year ended March 2024 according to regulatory filings. The data reveals that Ecom…
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AI Chatbots Streamline Rental Communications Securing EliseAI $75 Million Investment
Property managers dealing with daily rental inquiries just got a major assist thanks to a latest funding round secured by AI startup EliseAI. The company has developed an innovative suite of chatbots designed to efficiently handle common…
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