Browsing: Industry Updates

Conversational automation platform Uniphore has raised $260 million in its Series F funding round from NVIDIA, AMD, Snowflake, and Databricks, along with existing investors NEA and March Capital.

Fundamento, an agentic AI platform for financial services, has raised $1.9 million (about Rs 16 crore) in pre-Series A funding round led by IIFL Fintech Fund. The round also witnessed participation from The Players Fund (backed by KL Rahul and Ben Stokes), Venture Catalysts, Lead Invest, Epic Angels, and other angel investors.

The Mumbai-based startup claims their forecasts are 30 per cent more accurate and that their platform can integrate with more than 700 sources of data.

Graph AI aims to modernise how drugmakers detect and report adverse drug events, an area heavily dependent on manual, labour-intensive processes.

Farming company Fragaria Fruits has raised $2 million in a seed funding round led by WEH Ventures, along with participation from Rainmatter, Spiral Ventures, and angel investors such as Sashi Kumar.

The latest seed round was co-led by Kalaari Capital and Endiya Partners, with participation from Better Capital, Carya Venture Partners, and leading cybersecurity angels, the company said.

The round values SpeakX at $66 million post-money, up from $25 million when it last raised $6 million as Yellow Class in 2021. SpeakX will use the capital towards improving its technology, expanding its team, and adding more regional language support.

Artha India Ventures (AIV) has completed the first close of Rs 250 crore for its second micro venture capital fund, Artha Venture Fund II (AVF II).

The newly-raised funds will be used to set up a new manufacturing plant and to launch a new range of motor and controllers.

Wealth tech platform Dezerv has raised Rs 350 crore (about $40 million) in a funding round co-led by Premji Invest and Accel’s Global Growth Fund.