Funding options for franchisees

Ahmedabad-based robotic startup, Ishitva on Friday announced to have raised a pre-Series A round of over $1 million led by angel investment platform Inflection Point Ventures (IPV). Many waste management and plastic value chain players and veterans also participated including Kamaljyot Investments Ltd (a subsidiary of Excel Industries Ltd), Gandhi Family from GRP Ltd., AVI ...

Blue-collar workforce management platform Smartstaff (previously Qikwork) on Monday announced to have raised $4.3 million in funding from Blume Ventures, Nexus Venture Partners, and Arkam Ventures, along with Gemba Capital and angels.  The funds raised will be used for further enhancing the product and building the team.“With more and more industrial workers getting access to ...

Cloud-based customer engagement platform Exotel on Wednesday announced to have raised $35 million as a part of its Series C funding from IIFL AMC, Sistema Asia Fund, CX Partners, Singularity Growth Opportunities Fund, and Arun Sarin of Vodafone who has also joined the round as an angel investor and a mentor. Existing investors Blume Ventures ...

Hyderabad-based fintech startupCredRight on Thursday announced to have raised $2.7 million from 9 Unicorns, Spearhead Capital and Venture Catalyst, along with existing investors YourNest, Accion Venture Labs, and prominent angels. The funds raised will be utilized to increasing the managed loan book, expanding the team size, investing in tech platforms and analytics. “CredRight believes ...

Mumbai-based BrainGymJr—a subscription-based edtech platform offering brain development exercises launched a fully automated portal for children between ages 5-11 years. The launch comes soon after the company raised INR 2.5 crore in its Angel round in July 2021. BrainGymJr is a child development initiative that supplements academia by helping children sharpen their logic, reasoning, language, and ...