Monday, September 25, 2023
Outlook India
Outlook Business

Seed Funding

Inflection Point Ventures (IPV) has so far invested over Rs 600 crore across 190+ deals

Alios Ventures led the funding round

altM plans to use these funds to bring forth an engineering- and manufacturing-driven lens to circularity and sustainability

They have also launched atomic fellowship to give a $5000 no-strings-attached grant to students who want to work on engineering projects with potential to change human trajectory

The AI-powered start-up plans to use the $2.1 million it raised to reinvent business process outsourcing with AI and human expertise

IndiaJets has internally accrued a seed funding of Rs 4 crore and currently operates a six-seater business jet

The start-up has also raised $5 Million in its ongoing seed funding round

The move is said to be in line with their vision to accelerate the adoption of tech in the AEC industry by building tech-first skills

The company has claimed in a statement that its NeuRatings platform delivers significant improvements for corporate lenders to credit risk monitoring, providing real-time credit scores and spreads on over 700,000 private companies

The company plans to use the funding to develop its manufacturing process, R&D and apply AI and IoT technology to its manufacturing