Tuesday, April 23

Tag: Better Capital

Locale.ai Raises Pre-seed funding from Better Capital
13Apr By NitishNo Comments
FUNDING

Locale.ai Raises Pre-seed funding from Better Capital

Location analytics startup Locale.ai has raised a pre-seed round of funding led by early-stage venture firm Better Capital. The funding round also saw participation from notable angel investors such as Myntra's co-founder Raveen Sastry and Fusion Charts' co-founder Pallav Nadhani, Locale.ai said in a statement. The company will use the fresh capital to scale up its business and expand globally, primarily in the US. Locale.ai, operated by LocateAI Technologies Pvt. Ltd, was founded by Rishabh Jain and Aditi Sinha last year. The startup aims to help companies engaged in moving assets to get more sustainable demand using real-time location data and analytics. It is already working with mobility and delivery companies in the US, France, Argentina and India. Aditi Sinha, co-founder...
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Gramophone raises $3.5 million from Info Edge & others
7Aug By AdityaNo Comments
FUNDING

Gramophone raises $3.5 million from Info Edge & others

Agri-tech startup Gramophone raises USD 3.5 million in funding from Info Edge, Raveen Sastry (Co-founder of Myntra.com), Asha Impact and Better Capital. Info Edge is an existing investor in Gramophone, while Asha Impact is a platform founded by Vikram Gandhi (former Credit Suisse executive) and Pramod Bhasin (former President and CEO of Genpact), a statement said. The startup is rapidly scaling up its operations and will use the funds to expand across other Indian states. Founded in 2016, Gramophone provides actionable agronomic insights coupled with last-mile delivery of agriculture inputs to farmers through a smartphone app and a call centre. The startup's last-mile delivery model has helped them serve over 2.5 lakh farmers in the remotest villages across central India. "...
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