Ventureast | Pixr8 News

6Nov By PriyankaNo Comments

FUNDING

Fintech Startup Kissht Raises Funding From China’s Fosun International

China based Fosun International has led a $10 million round of funding in Mumbai-based Kissht, an online lending startup owned by OnEMi Technology Solutions Pvt Ltd. The round, which was closed last week also saw participation from Kissht's existing backers, early-stage venture capital firms, Ventureast and Endiya Partners, according to the sources cited by Economic Times. The fresh equity funds will be used to expand its geographic presence, across India, fortify its data science capabilities and build its engineering and analytics team quoted source. The company plans to get "deeper" in tier II and tier III cities of the country. Also Read Indian Paper Packaging Segment Can Get A Lot From Ecommerce App Developer Access To iPhone X Face Data Spooks Some Privacy E...

EdGE Networks Raises $4.5M, Plans To Strengthen Tech

HR technical solutions provider company- EdGE Networks has recently raised $4.5 million in a Series A round of funding from Kalaari Capital, with Ventureast as a co-investor. The company said it will use the Series A capital to strengthen its core product offerings for workforce optimisation and talent acquisition. Geographical and vertical expansion are two areas that the company will pursue across the next phase of growth, EdGE Networks said in a statement. “AI-driven solutions are fast taking main-stage in solving real problems faced by enterprises and opening up opportunities for step changes in business processes and cost innovations. EdGE Networks is at the forefront of AI-led HR innovation and we are excited to partner with them on their journey.” said Sumit Jain, Partner at ...

Indus OS Raises Funds From JSW Ventures, VenturEast

Indus OS, a startup which has created a regional operating system, today said it has raised an undisclosed amount from new investors JSW Ventures and VenturEast in recently-concluded financing round. Omidyar Network, an existing investor, has also participated in the latest round. "The amount which has been raised will be used for product development and hiring new talent," Indus OS CEO & co-founder Rakesh Deshmukh told.