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Exciting Funding News for Finarkein Analytics! Finarkein Analytics, the Pune-based data analytics firm, has raised $4.75 million in a pre-Series A funding round led by Nexus Venture Partners. Existing investors IIFL Fintech Fund and Eximius Ventures also joined the round, alongside angel investors Nitin Gupta of Uni and Chirag Jain of Ashika Group. Founded in 2019, Finarkein offers a cutting-edge B2B software platform for data and workflow orchestration. The platform leverages India’s digital public infrastructure (DPI), including the Account Aggregator (AA) ecosystem, Open Network for Digital Commerce (ONDC) Financial Services, and Open Credit Enablement Network (OCEN). Finarkein’s solutions are designed to help enterprises co-create data products and harness the full potential of DPIs. Nikhil K., co-founder and CEO, emphasized, “India’s digital infrastructure uniquely benefits end consumers. Finarkein is proud to be at the forefront of this movement, scaling solutions that will impact India and beyond.” This funding will drive product development and expansion, following a successful seed round two years ago. Anand Datta from Nexus Venture Partners praised Finarkein for its pioneering role in the AA space. #Fintech #DataAnalytics #StartupFunding #DigitalInfrastructure #Innovation #FintechGrowth #B2BSoftware

🚀 Exciting times for women's wellness! LAIQA Wellness, the Gurugram-based femtech startup, has secured ₹15 crore in funding from IvyCap Ventures. This investment is a testament to Laiqa’s innovative approach, blending modern science with Ayurveda to tackle hormonal imbalances through cycle-synced, personalized care. Launched in August 2023 by Monica Bindra, Harmeet Bindra , and Meenakshi Singh, Laiqa is on a mission to empower women with the tools and care they need to prioritize their health. With this funding, Laiqa plans to expand its tech-based solutions, including AI-driven recommendations, personalized hormonal health monitoring, and point-of-care assessments. Laiqa’s offerings cater to a variety of hormonal health concerns such as PCOS, thyroid disorders, and sleep problems. The Laiqa app is a game-changer, providing cycle-synced diets, fitness routines, and herbal remedies to enhance women’s wellness journeys. IvyCap Ventures’ support underscores the growing importance of innovative solutions in women’s health. As Vikram Gupta, Founder of IvyCap Ventures, stated, “Laiqa’s commitment to empowering women aligns perfectly with IvyCap’s investment philosophy.” 🌟 #Femtech #WomenWellness #HealthcareInnovation #StartupFunding #Ayurveda #PersonalizedCare

🚀 Exciting news for the deeptech community! DeepMatrix has successfully raised $1.6 million in a funding round led by YourNest and Arali Ventures. This significant investment will drive growth, enhance geospatial data management solutions, and expand operations into key markets like the US and Australia. 🌍 This milestone marks a pivotal moment in revolutionizing how businesses and governments utilize geospatial data through advanced AI. A huge thank you to the investors and partners for their belief in this vision! #Deeptech #GeospatialData #AI #Innovation #Startup #Funding #GlobalExpansion

InvestorAi, an AI-powered equity investment platform, has raised Rs 80 crore from investor Ashish Kacholia and his associates. Founded in 2018 by Akshaya Bhargava, InvestorAi uses advanced AI to deliver market-beating returns for tech-savvy millennials. With over 15 equity baskets, the platform has consistently outperformed the index in the past 12 months. The funds will be used to scale operations and introduce new products. Bhargava highlighted India’s massive growth potential, with a rapidly expanding retail investor base and a stock market projected to reach $10 trillion by 2030. InvestorAi’s AI models, trained on 14 years of data, have delivered strong returns since 2022, and its InvestorAi YouTrade platform offers a seamless trading experience. Positron acted as the exclusive advisor for the transaction. #Investment #AI #Finance #RetailInvestors #Startups #VentureCapital #StockMarket #TechInnovation #India #GrowthOpportunity

Zomato has acquired Paytm's movie ticketing and events business for ₹2,048 crore. This move diversifies Zomato’s portfolio beyond food delivery, reinforcing its entry into the entertainment sector. With the integration of Paytm Insider and Orbgen Technologies, Zomato is set to strengthen its “going-out” vertical, which also includes live events and dining out. This expansion follows their Blinkit acquisition in 2022 and the launch of the District app. As Zomato invests heavily in this growing sector, the acquisition is poised to drive new revenue streams and market growth. #Zomato #Entertainment #Acquisition #BusinessGrowth #MovieTicketing #LiveEvents #GoingOut #BusinessExpansion #TechNews #Innovation #MarketTrends https://lnkd.in/ggFP588w

Exciting news from BlueStone! The jewellery retailer has raised Rs 900 crore, doubling its valuation to $970 million ahead of its upcoming IPO. With major investments from Prosus, Peak XV Partners, and others, Bluestone is set to expand aggressively, targeting 400 stores within the next 18 months. Their remarkable growth, highlighted by strong financial performance, positions them as a leading player in the market. This is a significant milestone as they prepare to go public. Keep an eye on Bluestone as they continue to shine in the jewellery industry! Gaurav Singh Kushwaha #Bluestone #IPO #RetailExpansion #JewelleryIndustry https://lnkd.in/gMNty3pk

🚀 Exciting News! TransBnk - Transaction Banking Platform has successfully raised $4 million in a Series A funding round led by 8i Ventures, with additional support from Accion Venture Lab, GMO Venture Partners, and more. This significant investment will drive expansion into West Asian and Southeast Asian markets, enhance technology infrastructure, and elevate product offerings. With a proven track record and an innovative transaction banking platform, TransBnk is set to disrupt the $200 billion unsecured lending market in India and beyond. A huge thank you to all investors and partners for their support! 🌟 #Fintech #Funding #GlobalExpansion #Innovation #TransBnk https://lnkd.in/gv_Vcmnd

🚀 Exciting news in the retail world! Accel has invested $9 million in uppercase, propelling the luggage brand’s valuation to $60 million. This investment will fuel Uppercase’s ambitious expansion plans, including opening 10 new retail stores across major Indian cities by next month and 50 outlets by March 2025. With a focus on global growth, the company will also expand into Europe and the Middle East. Uppercase aims to more than double its revenue to Rs 150 crore this fiscal year and is set to open a new manufacturing facility in Nashik. Sudip Ghose 🌍✈️ #Investment #RetailExpansion #TravelGear #StartupGrowth https://lnkd.in/gdcZ3_5d

🚀 Exciting News from Ahmedabad! Volt VC has just launched its inaugural fund, Volt VC Fund-1, with a goal of raising Rs 45 crore to support 20-25 pre-seed consumer-centric startups. Focusing on D2C, B2C, and B2B2C models, the fund will offer investments between Rs 50 lakh and Rs 2 crore, filling a crucial gap for early-stage ventures. This move aligns with the growing trend of micro VC firms in India, providing tailored support for innovative startups. #VentureCapital #Startups #Innovation #Investment https://lnkd.in/g5xPu_pz

Exciting Opportunity at Lenskart Lenskart.com is on the lookout for three visionary Entrepreneurs in Residence (EIR) to join the team and revolutionize the direct-to-consumer (D2C) eyewear industry. This unique opportunity is open to accomplished entrepreneurs who have successfully scaled a lifestyle D2C brand to over ₹50 crore (approximately $6 million) annually in India. As an EIR at Lenskart, the role involves developing the next generation of eyewear brands with innovative products tailored to specific consumer segments and unique design propositions. This initiative aims to build globally impactful eyewear brands and drive significant industry innovation. Experienced entrepreneurs interested in this exciting challenge are encouraged to reach out with a brief note on why they would be an excellent fit for this opportunity. Shape the future of eyewear and make a lasting impact! to know more:https://lnkd.in/gWSiJuJ5 #Entrepreneurship #D2C #EyewearInnovation #Lenskart #CareerOpportunity #Startups