Farooq Adam

Venture capitalists and BizDateUp co-founders Jeet Chandan and Meet Jain have acquired an undisclosed stake in IPO-bound foodtech giant Swiggy through an off-market secondary deal. Founded in 2020, BizDateUp allows angel investors to invest in Indian startups with a minimum of INR 1 lakh and recently launched a INR 200 crore fund for technology investments. The firm raised over $10 million from more than 1,000 angel investors in FY24. This move comes as several celebrities, including cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, director Karan Johar, and actor Ashish Chowdhry, have also invested in Swiggy ahead of its IPO. Notably, Amitabh Bachchan and Madhuri Dixit have previously acquired stakes in the company. Read full story here: https://lnkd.in/gM8sEWSZ #foodtech #startups #ipo #swiggy #foodindustry #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

9

1 Comment

Mukund jha, co-founder and former CTO of Dunzo, is in talks to secure INR 80 crore ($6-10 million) from Together Fund for his new generative AI startup. Jha's venture aims to automate quality assurance processes in businesses by merging AI and SaaS technologies. While discussions with Y Combinator are ongoing, no official comments have been made. This move comes as many top executives leave established startups to launch their ventures, seeking more significant stakes and control. Together Fund, established in 2021, has invested in over 20 companies across various SaaS applications. Read the complete news to learn more Link in the comments below

39

3 Comments

CLSA published a detailed research report on India quick commerce. Recommended reading. Who will be the first to create a $50-100Bn company in India internet? #Zepto #Zomato #IndiaInternet

18

Excited and looking forward to discussing the evolving challenges of raising capital for early-stage startups at SAASCON24. Join me as I dive into the current trends, what founders need to know, and how we can navigate this more challenging environment. #SAASCON24 #StartupFunding #EarlyStageStartups #SaaS #Entrepreneurship

73

1 Comment

Highperformr.ai, a marketing SaaS startup floated by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has raised $3.5 Mn (INR 29.2 Cr) in a seed funding round 👇 The startup’s first product, Highperformr for Teams, leverages generative AI and LLMs to help B2B businesses maximise their return on investment (ROI) on social media campaigns. The fresh capital will be deployed to further the startup's research and development activity, build the platform's native AI capabilities, and expand its distribution network. To read more in detail, click here: https://lnkd.in/gV8tqWyU #startups #fundraising #growth #saas

424

18 Comments

Thrilled to announce the launch of our game-changing report, Ecommerce Mindscape India 2024! Empower your business with MarTech strategies to tap into the massive growth of the Indian ecommerce market.🚀 Download the report now: https://lnkd.in/dG2RE37B This comprehensive guide includes: 🔹 How Gen AI is revolutionizing the ecommerce experience. 🔹 Advanced personalization techniques driving conversions. 🔹 Deep dives into consumer behavior and preferences. 🔹 Strategies to combat rising customer acquisition costs. Don’t miss out on these insights. Let’s innovate and lead the future of ecommerce together! #EcommerceMindscape2024 #EcommerceTrends #MarketingInnovation #ConsumerBehaviour #MarketingBenchmarks #NetcoreCloud

26

1 Comment

Indian Fintech Startup Multipl Secures $1.5M Funding Multipl, an Indian fintech startup, has raised $1.5M in a funding round led by Blume Ventures and MIXI Global Investments. Founded in 2020, Multipl incentivizes users to invest in mutual funds for future expenses through partnerships with brands like Flipkart, Myntra, and Yatra Online Ltd.. The funds will be used to enhance the platform and introduce new features. With over 500,000 downloads, Multipl aims to double this figure in the next year. This follows a $3M round in May 2022. #Multipl #Fintech #Funding #Investment #StartupNews #EmergingTiger

1

 #Zepto announced a $350 million #fundraise in its latest round that the quick commerce company said marks the largest 100% domestic fundraise within India's startup ecosystem. Click on the link below to know more... Zepto I Aadit Palicha I Kaivalya V. #Zeptofunding #capitalraise #retailfunding #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

1

B2B sales startup Revrag.ai has secured $600K in pre-seed funding, led by Powerhouse Ventures with notable participation from investors including Viral Bajaria, Kunal Shah (CRED), Deepak Anchala, and Vetri Vellore, among other angel investors. The funds will be used to launch Revrag's AI-BDR product, enhance sales and marketing processes, and explore new markets. Founded in 2022 by Ashutosh Prakash Singh, Neeraj Gupta, and Pankaj Gupta, Revrag aims to revolutionize sales efficiency by automating repetitive tasks that don’t close deals. Their AI-BDR product is set to transform how businesses generate revenue. Based in Bengaluru, Revrag’s AI tools, including its flagship AI agent, Emma, optimize initial client outreach. The AI agent handles large-scale prospecting, smart lead qualification, and meeting scheduling, allowing sales teams to focus on more nuanced aspects of customer interactions. Emma also provides data-driven insights to improve decision-making and adapt to technological changes. Revrag is designed to elevate sales teams by handling repetitive tasks and utilizing AI to identify prospects, craft engaging personalized emails, and solve complex challenges, creating a clearer picture of the sales landscape. #RevragAI #B2BSales #BengaluruStartup #PreSeedFunding #FundingAlert #FundraiserAlert #PowerhouseVentures #VentureCapital #SalesTech #AIinSales #SalesEfficiency #AIProduct #SalesAutomation #Investors #LeadGeneration #SalesInnovation #AIForBusiness #AllBoutCorps

10

1 Comment

Today, we are excited to share our biggest investment as Antler, in India so far. At Antler, incl. our Elevate continuty fund (Fady Abdel-Nour, CFA), we're thrilled to co-lead a $11M pre Ser A in Namma Yatri, alongside Blume Ventures Karthik B. Reddy and Google In this business, a few times in your career, you come across a truly disruptive business model that challenges the way things have been done, and extremely obsessed founders creating a culture that is so unique, you have never seen it before. When that happens, despite all the things not clear, it’s a joy to jump on board that potential rocketship. That’s what we have seen in the way Namma Yatri is being built by Magizhan Selvan and Shan M S with (a) a disruptive business model in urban mobility, rethinking how to make the life of a driver better and (b) Digital Public Infrastructure (DPI) at its heart. 46 million trips have already been completed, with >7 million registered users. For us, this is also a continuation of our commitment to investing in a future on DPI / Beckn / ONDC, started in 2022. h/t Susmit Patodia. Rajiv Srivatsa Magnus Grimeland Martell Hardenberg Teddy Himler Keerat Singh Sethi Vimal Kumar Sheetal Lalwani T Koshy sujith nair Pramod Varma

393

18 Comments

In this episode, Vineet Singh, CEO & Founder of Castler, shares his insights on scaling businesses successfully, with a glimpse into the future of FinTech and E-commerce. We explore the crucial role of timing in business expansion and explore why enduring success in scaling isn't just about having the best product, team, or execution—it's about resilience and being the last one standing. The goal is to inspire reflection, pause, and rethinking of daily routines for a better work-life balance. Join us on YouTube, Amazon Music, and Spotify to learn from Vineet's insights on the past and the future of scaling businesses. Link to the podcast: https://lnkd.in/drJ-kJzW #5daySnacks #Podcast #5dayio #Scaling #StartupGrowth

39

RevOps disruptor Clientell has just secured a game-changing $2.5 million seed funding from the esteemed Blume Ventures! Joining the investment fray are notable backers such as Chiratae Ventures, Artha Venture Fund, and Silicon Valley's very own Z5 Capital. This capital infusion marks a significant milestone for Clientell, propelling its mission to revolutionize revenue generation strategies for businesses worldwide! Founded in 2021 by the dynamic duo Saahil Dhaka and Neil Sarkar, Clientell is at the forefront of innovation. It leverages AI copilots to optimize go-to-market (GTM) strategies and streamline pipeline governance and forecasting processes. With a customized approach that eschews the one-size-fits-all model, Clientell empowers chief revenue officers and go-to-market leaders to unlock unprecedented operational efficiencies. Stay tuned as Clientell continues its meteoric rise, reshaping the landscape of revenue operations one breakthrough at a time! Read More: https://lnkd.in/gsH3kPgA #RevOps #Startup #FundingNews #AI #Innovation

10

ZEPIC, Inc., a SaaS-based customer experience firm, has secured $2.1 million (INR 17.5 crore) in pre-seed #capital from Neon Fund and other angel investors who hold prominent positions at Apple, Chargebee, Freshworks, Microsoft, and Zoho. Neon Fund had offered $500K to the round. ZEPIC intends to expand its market presence in the US and other regions and strengthen its AI offerings with the #additional funding. Out-of-the-box connectors and no-code philosophy throughout ZEPIC will allow for rapid integration with existing #customer management tools to present the best possible 360 degree view of the customer. ZEPIC, which was cofounded in 2023 by Sunil Kumar Somarajan Pillai, Bharathi Kannan Ravikumar, Naveen Venkat, and Sreelesh Pillai, assists companies in providing excellent customer experiences across #channels and platforms. Siddhartha Ahluwalia To share your startup story write us on - [email protected] #zepic #neon #startup #funding

8

Zepto, a Quick commerce company, has secured $665 million in its Series F funding round from new investors Avenir, Lightspeed, and Avra (Anu Hariharan’s new fund), among others. 🌟 Key Highlights: Some of the existing investors Glade Brook, Nexus, and StepStone co-led the round with Goodwater and Lachy Groom doubling down their stakes as well. As per the startup, the funding will be used to compete with other two deep-pocketed players, BlinkIt and Swiggy Instamart. Unlike the West, quick commerce operators in India claim to have found a sustainable model. About Zepto: Founded by Stanford dropouts Aadit Palicha and Kaivalya Vohra, who founded Zepto in 2021, have secured backing from existing investors led by Glade Brook Capital, StepStone Group, and Nexus Venture Partners. Others include Goodwater Capital and Lachy Groom. Visit the link to read the detailed news piece: https://lnkd.in/gikxfBfH #startup #funding #news #startupfunding #latestnews #news #zepto #quick #commerce #delivery

9

🚨Swiggy IPO gets oversubscribed led by QIB bids Swiggy’s IPO was oversubscribed 1.07 times by the third day, driven largely by QIBs, who oversubscribed their portion 1.52 times. Retail investors subscribed to 97% of their portion, while Non-Institutional Investors (NIIs) made bids for 22% of their allocation. Swiggy's employee quota also saw strong demand, with a subscription rate of 1.38 times. Swiggy raised around Rs 5,085 crore (approx. $605 million) from anchor investors like HDFC, ICICI, SBI, and global players including Fidelity and BlackRock. by Akshita Toshniwal | #SwiggyIPO #IPO #QIB #RetailInvestors #Foodtech Read more 👇 https://lnkd.in/ggm_piMt

367

1 Comment

What are your thoughts on this? implications of #ecommerce rapid growth in #Bharat ? #D2C #socialchange We are doing something to create opportunities for smaller players. To know more or participate on the initiative, comment "know more". Growth of e-commerce in India 'matter of concern, nothing to be proud of', says Piyush Goyal https://lnkd.in/g3hBdTMa

6

2 Comments

#TechWithMC | Wealth management platform Centricity raises $20 mn in seed round led by Lightspeed 💰📈 Read to know more⤵️ https://lnkd.in/dQ7Tg8WD #Centricity #WealthManagement #Funding

2