Browsing: Industry Updates

Using IoT, AI, and digital twin technology, Intangles helps vehicle OEMs and fleet operators with proactive vehicle health monitoring and maintenance.

Cerebras said the funding round, which was led by Fidelity Management & Research Co and Atreides Management, brings the company’s valuation to $8.1 billion.

Ignosis, an enterprise-first Account Aggregator (AA) infrastructure and financial data intelligence platform, has raised $4 million in pre-Series A funding round led by Peak XV’s Surge along with participation from Force Ventures, Razorpay Ventures, Kunal Shah of Cred and other existing investors.

Helion Ventures cofounder Ashish Gupta, Urban Company founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, and Urban Company chief buiness officer Mukund Kulashekaran also participated in the round comprising primary and secondary capital.

Ayurveda wellness brand Kapiva has raised $60 million in a Series D funding round led by 360 ONE Asset and Vertex Growth. Existing investors such as Vertex Ventures Southeast Asia and India and 3one4 Capital also participated.

Edtech company Vedantu has raised $11 million in fresh funding from internal investors as part of a larger ongoing round led by ABC World Asia with participation from Accel India and Omidyar.

Simple Energy on Thursday raised $10 million in a bridge round led by existing investor Dr Arokiaswamy Velumani, Founder of Thyrocare’s Family Office.

SaaS-based healthcare platform Zealthix has raised $1.1 million in a seed funding round led by Unicorn India Ventures, along with participation from AlphaGen Venture Capital.

Rocket, an AI-powered app-building platform that converts natural language into production-ready applications, has raised $15 million in seed funding led by Salesforce Ventures and Accel, with participation from Together Fund.

The funding will help the startup, which aims to prevent the loss of potential energy in pressure-reducing valves (PRVs), go global.