[Funding roundup] FreshR, Spardha, PMaps and TGP raise early stage capital
FreshR Fish and Meat Distributor raises $1.2M
Started the distribution of fish and meat FreshR Raised $1.2 million in an initial led round Accelor Ventures And the 1 crowd. The money will be used to expand it Geographical footprint, development and implementation of its own set of technologies, and team development.
Earlier, FreshR raised a pre-incorporation round from Villgro, Upaya Social Ventures, Beyond Capital Fund and other early stage funds.
founded by Ambika Satapathi and Sadananda Satapathi, a B2B meat and fish aggregator and distributor helps farmers, distributors, restaurants and grocers sell and buy on a single platform. It operates across Odisha, Andhra Pradesh and Chhattisgarh.
Earlier this year, FreshR launched an app to standardize prices and grading for the segment allowing wholesale buyers from all over India to place orders and track quality processes.
Ambika Satapathy and Sadananda Satapathy, founders of FreshR
Edtech startup Spardha raises Rs 8 crore in Pre-Series A2 round led by Inflection Point Ventures
And the Digital music and performing arts training platform in PuneAnd the Collect Rs 8 Crore in Pre-Series A2 Led Tour Inflection Point Ventures (IPV). The tour also saw participation from Mumbai Angels and We Founder Circle.
The startup will use the funds to hire sales and operations teams, along with product upgrades, brand building and marketing initiatives to expand its presence in the global market.
Founded in 2016 by Saurabh Srivastav, Amrita Srivastav, And the Rekhil JainSpardha offers customized online education and training programs in the field of music and performing arts. It claims to have a tailored curriculum and more than 400 certified trainers and professionals who offer online classes.
The startup claims to be expanding in the US, UK, Australia, Canada and the UAE and has increased its revenue by 10x in the past 14 months.
Cybersecurity startup SubCom raises $1 million led by YourNest
Cybersecurity startup(Subconscious Compute Pvt Ltd.) Raised $1 Million in Initial Round of YourNest Venture Capital, ISV Capital, The current investor Entrepreneur first.
The tour also saw participation from Becky Khussa (Chairman, TradeIndia), Varun Lag (Founder of Mamaearth), Hargot Gil (Founder, FluxNinja and Netsil), and CEOs from Google, Netflix and Visa.
Founded in December 2020 by Antar Virk and Dilawar Singh, the subcommittee provides the possibility of observing the end point through ‘neural habituation tissue’. AI-powered technology allows users to monitor and manage the degree of trust of their endpoints such as laptops, mobile phones, and IoT devices in real time.
Similar to biological intelligence, SubCom’s Habituation Neural Fabric learns to distinguish between actual threats and safe signals. It is adept at manipulating data volumes on the endpoint and capturing anomalies with unprecedented accuracy in real time. The company said that the subcommittee analyzes, categorizes and estimates the detected violations in a simple and easy-to-understand user confidence score.
“SubCom’s Habituation Neural Fabric is a game-changing tool that helps everyone deal with the internet that remains a weapon of unknown hackers with ephemeral footprints. Companies can now bypass exploits that are untapped on a single day by 1/10 of time, effort, cost, and skilled workforce in cybersecurity,” said Ranjit Shetty, Partner, YourNest VC.
PMaps secures Rs 5 crore led by Indian Angel Network, Lets Venture
PMaps, a A visual candidate evaluation platform used to improve recruitment outcomes, He raised Rs 5 crore in a Series A round led by Indian Angel Network And the LetsVenture. The financing round will facilitate the company GTME Initiatives Aiming to accelerate and enhance customer acquisition Key partnerships.
The technology-enabled platform enables companies to hire through web, desktop, and mobile apps, provides non-language assessments and engages before and after hiring. Through its intelligent online monitoring – PMaps regulator Visual evaluation claims to reduce staffing time (60 percent) and costs.
“In today’s first digital world, traditional or text-based candidate evaluations are suboptimal because they are time consuming, easily manipulated, and assume the candidate knows how to read. Given the flow of applications that recruiters receive these days, PMaps visual evaluation is The hour is needed because it measures a candidate’s efficiency in less than 11 minutes.Tarvinder Kaur, co-founder and CEO of PMaps said:
Saurabh Rana and Tarvinder Kao, founders of PMaps
Geospatial-intelligence startup Intents Mobi raises $1 million
Geospatial intelligence startup based on GurugramRaise $1 million led by DevX Venture Fund, Unnati Labs, and strategic angels from the logistics and transportation sector.
The startup will use the funds to invest in technical capabilities, increase GIS information collection for the country, and increase corporate sales. It raised $600,000 in an initial round in April 2021.
founded by Naresh Kumar Kachi And the Tabriz flag, Later join Palsubramaniam s And the Prakash VelusamiThe 15-member startup uses a network of ‘scouts’, a community of more than 700,000 users, who contribute data generation for site intelligence.
Co-Founder Naresh said: “It is encouraging to receive funding at this critical juncture when we focus on growing our capabilities and expanding our technology pool. We are working to solve GIS data issues that impact every mobility related industry.”
Naresh added: “Our hardware-independent technology ensures that we can map the entire country without investing heavily in capital expenditures. Since we have already generated insights into nearly 4.5 crore kilometers of roads per day and process three million geocodes each month, the money will enable us to grow that further. by 5 times and cover the 50 most populous Indian cities by the end of the year.”
Tabriz Alam and Naresh Kumar Kachi, founders of Intents Mobi
Game Project raises $500,000 in initial round
The Game Project (TGP), a cloud gaming platform, has raised $500,000 in an initial round of FAAD network, along with Upsparks, BlackKite, and SucSEED Indovation Fund, Among other things. The tour also saw participation from MaGEHold And the Angels hem.
Cloud gaming is a form of online gaming, where the game runs on remote servers. Users can play any game they want without the limitations of having expensive physical gaming platforms.
The Game Project (TGP) democratizes access to AAA games through its platform that allows users to play any AAA video games/games on any device (mobile phones, laptops). Such devices, even with modest configurations, can take advantage of TGP to run even the most console/PC based games.
Founded by Manan Mittal and Sarang Atri in March 2020, the startup claims to have registered over 300,000 users on its platform.
Sarang Atri and Manan Mittal, co-founder of The Gaming Project
Hyphen raises $1 million in pre-foundation round
Hyphen, a community live demo, raised $1 million in a combination of debt and equity in a pre-incorporation round of notable angels from Silicon Valley and Sriram Boothkod (Former Vice President of Symantec Global).
The startup will deploy the new capital to expand into new markets, launch new types of products, and integrate technology and automation to drive consumer experiences.
hyphen (formerly, Dwellingo) launched its first property in August 2021, and has since been on a “quest to eliminate urban loneliness.”
Founded in 2021 by Anirudh Rao, Grishma Reddy, Rishi Sreedharan and Samarth Gowda, the company claims to be growing at 200 percent per month and plans to acquire 6,000 beds and expand into five markets, starting with Hyderabad, Pune, Chennai and Delhi-NCR by 2023 .
“After COVID-19, the co-living market has seen exponential growth with people returning to offices. There is a greater need for players/companies to deliver more than just four walls and a roof. “Hyphen’s focus is on hybrid living,” said Sriram Puthucode, former Vice President of Symantec Global. Led by experiences distinguishes them from others and takes a huge leap into the future of organized life.”
(This is an ongoing story and will be updated with the latest deal announcements throughout the day.)