Friday, November 22

Tag: IAN fund

Vernacular.ai secures $5.1 mn led by Exfinity Ventures
8May By AdityaNo Comments
FUNDING

Vernacular.ai secures $5.1 mn led by Exfinity Ventures

Vernacular.ai has raised USD 5.1 million (about Rs 38.7 crore) in funding, led by Exfinity Ventures and IAN Fund, Kalaari Capital. AngelList, LetsVenture, also participated in the series A round, a statement said. The fresh capital will be used to fund the company's global expansion into Southeast Asia and the US and towards R&D to further enhance its proprietary AI-based voice automation platform, it added. "As we evolve our voice AI platform and continue to expand our customer-base in new markets, we are happy to see the increased investor confidence in our model. This Series A round will be used to fund the company's expansion outside India and to drive innovation through rigorous R&D across multiple verticals of our business," Vernacular.ai co-founder and CEO Sourabh ...
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VR Startup SmartVizX Secures Rs 10 Crores Funds
11Jul By Gauri SinghNo Comments
FUNDING

VR Startup SmartVizX Secures Rs 10 Crores Funds

A Noida-based VR (virtual reality) startup SmartVizX has reportedly raised funds amounting to Rs 10 crores ($1.45 million) in a pre-series A funding round. This funding round was led by YourNest Venture Capital and Indian Angel Network‘s IAN fund. The company plans to use the funds so raised in boosting up the product team and also set up extra and additional capabilities to the product. Also, a part of funds will be utilized for international expansion as stated by Tithi Tewari, who is the managing director of the company. Along with this, SmartVizX has also announced the inauguration of Trezi, which the company has claimed to be the first VR-based platform for architecture and interior design collaboration. In this regard, Tithi said, “SmartVizX is the first Indian company to offe...
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