Category: Funding

  • MaxIQ Raises $7.8M in Seed Funding and Appoints New Leadership

    MaxIQ Raises $7.8M in Seed Funding and Appoints New Leadership

    MaxIQ, formerly known as Gyaan AI, has raised $7.8 million in seed funding led by Dell Technologies Capital, with participation from Intel Capital.

    This follows the company’s earlier funding of $5.95 million.

    The newly raised capital will be used to scale operations, drive product innovation, and expand the leadership team, MaxIQ announced in a press release.

    Founded in 2022 by Sonny Aulakh, MaxIQ is the first AI-powered customer journey management platform aimed at unifying sales, customer success, and revenue operations to maximize customer lifetime value.

    It helps B2B SaaS enterprises manage revenue across the entire customer lifecycle, addressing challenges such as inaccurate forecasting, delayed time-to-value, and lost revenue opportunities.

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    Phot.AI Raises $2.7 Million in Seed Round

    Phot.AI Raises $2.7 Million in Seed Round Led by Info Edge Ventures

    MaxIQ also announced the appointment of Matt Hickey as Chief Executive Officer (CEO) and Rob Sexton as Chief Revenue Officer (CRO). Both executives bring extensive leadership experience from Palo Alto Networks, EMC, and most recently, Securiti.ai.

    Their backgrounds include senior roles in scaling category-defining technologies such as Data Domain, XtremIO, and CloudGenix.

    With sales and customer success teams often relying on more than 14 tools in their tech stack, the platform simplifies operations by improving adoption, retention, and revenue forecasting, enabling businesses to manage customer journeys with greater efficiency and confidence.

  • Phot.AI Raises $2.7 Million in Seed Round Led by Info Edge Ventures

    Phot.AI Raises $2.7 Million in Seed Round Led by Info Edge Ventures

    AI-powered creative automation platform, Phot.AI has raised $2.7 million in a seed funding round led by Info Edge Ventures, with participation from Together Fund and AC Ventures.

    The round also saw backing from 50+ angel investors, including founders of Shiprocket, Bella Vita, V3 Ventures, Bewakoof, Astrotalk, Droom, and Fashinza.

    The funds will be utilized to expand the team, invest in research and development, and launch Phot.AI’s much-anticipated copilot feature.

    Founded in 2023 by Venus Dhuria, Aneesh Rayancha, and Akshit Raja, who previously co-founded AppyHigh, an app publishing studio with over 700 million downloads.

    Phot.AI focuses on automating creative design and marketplace listings for e-commerce, brands, and retail.

    Its AI-driven technology analyzes and optimizes designs across various product categories, streamlining workflows, reducing manual effort, and enhancing conversion rates.

    Also Read : Rezolv Raises $3.5 Million in Seed Funding led by 3one4 Capital

    Phot.AI simplifies visual content creation for e-commerce brands, cutting costs by up to 80% and accelerating market entry.

    It enables A/B testing, enhances conversions by 40%, and ensures adherence to marketplace guidelines.

    The platform features over 25 editing tools, a design studio, and generative AI for product photography and image enhancement.

    With more than 3 million pre-launch sign-ups and adoption by over 25 businesses, Phot.AI is rapidly establishing itself as a leader in AI-powered e-commerce design automation.

  • DotMe Raises $150,000 Funding to Expand Creator Monetization Tools

    DotMe Raises $150,000 Funding to Expand Creator Monetization Tools

    DotMe, a link-in-bio platform catering to content creators, has raised $150,000 in a funding round led by strategic investor and former Jimmy’s Cocktails co-founder, Mirza L. Baig.

    This latest investment values the startup at $1.25 million.

    The capital infusion will support DotMe in upgrading its platform, streamlining monetization for creators, and strengthening collaborations between influencers and brands.

    The company’s mission is to simplify content monetization while providing brands with enhanced tools to connect and engage with their target audiences.

    Founded by Harsh Vijaykumar, Ajay Ghanti, Pranay Jain, and Akshay ND, DotMe offers a comprehensive suite of creator-centric tools.

    It goes beyond standard link-in-bio services by integrating influencer discovery and facilitating brand partnerships. The platform enables creators to monetize their content efficiently while fostering real-time audience engagement.

    Also Read : Swarovski Expands Presence in India with New Wonderlux Store in New Delhi

    Currently, DotMe holds over 100,000 unique monthly users and has evolved into a vibrant community hub. It is widely used by renowned collectives like Sunburn Union, popular digital personalities such as Justin Joy (Hyperfitx), DJs like Almost Human, and well-known venues including FLO and Chin Lungs.

    Industry projections indicate that the global creator economy will expand from $127.65 billion in 2023 to an estimated $528.39 billion by 2030, growing at a CAGR of 22.5%.

    Meanwhile, India’s digital content creation sector is expected to reach $4.40 billion by 2030, driven by a rapidly growing ecosystem of over 100 million creators.

  • Deciml Raises $3 Million in Seed Funding Led by Jainam Broking

    Deciml Raises $3 Million in Seed Funding Led by Jainam Broking

    Round-up investing platform Deciml has raised $3 million in a seed funding round led by Jainam Broking, marking the latter’s first foray into startup investment.

    The Pune-based company had previously secured $1 million from investors including MyAsiaVC, Gaurav Munjal, Ritesh Malik, Raunak Munot, and Mukund Jha.

    With the newly acquired funds, Deciml plans to enhance its product offerings, expand its user base, and strengthen its team to accelerate growth.

    Founded in 2020 by Satyajeet Kunjeer, Deciml aims to simplify investing by automatically rounding up users’ daily transactions to the nearest ₹10 and investing the spare change into mutual funds.

    The platform enables young Indians to invest effortlessly without requiring major behavioral shifts, integrating wealth creation seamlessly into their lifestyle.

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    Arva Health founders

    Arva Health raises $1 million in pre-seed funding

    “The Deciml journey is at a crucial crossroads right now. We took the time to adapt our product to user needs, and now we want to focus all our efforts and energies on scaling rapidly. At such a juncture, we truly couldn’t have asked for a more wonderful investor and partner than Jainam. They have not only validated our vision but are also fueling and shaping it,” said Satyajeet Kunjeer, founder of Deciml.

    The fintech market is poised for rapid expansion, with research estimating its size to reach $145.09 billion in 2025 and grow to $550.21 billion by 2030, at a CAGR of 30.55%.

    Deciml currently has 3 lakh active users and approximately 3.5 lakh app downloads, registering a revenue of ₹7.2 lakh in FY25.

    The company primarily competes with Jar in the spare change investment space and aims to further establish its presence in India’s booming fintech sector.

  • CredResolve Raises $1.1 Million in Seed Funding Led by UNLEASH Capital Partners

    CredResolve Raises $1.1 Million in Seed Funding Led by UNLEASH Capital Partners

    Gurugram-based AI-powered collections platform CredResolve has raised $1.1 million in a seed funding round led by UNLEASH Capital Partners, with participation from CDM Capital.

    The fresh capital will be utilized to expand its partnerships to over 25 financial institutions, enhance its AI-driven technology, and strengthen its market presence across multiple cities, the company announced in a press release.

    This funding follows CredResolve’s earlier angel round in February 2024, where it raised $33.6K from PedalStart, Tujala Goud, and other investors.

    Founded in August 2023 by Balaji Koustubha, G Prashant Kumar, and Vijay Kumar, CredResolve is an AI-powered platform designed to optimize the debt resolution process in India.

    The company integrates technology with regulatory compliance to help financial institutions improve recovery rates, streamline operations, and enhance borrower engagement.

    CredResolve leverages AI to streamline debt recovery, automate workflows, enhance borrower communication, and ensure RBI compliance, improving efficiency in India’s financial sector.

    The company currently serves over 20 lenders, including banks, fintech firms, Non-Banking Financial Companies (NBFCs), and Asset Reconstruction Companies (ARCs).

    In India’s debt recovery ecosystem, CredResolve competes with startups such as CredGenics, DPDZero, Spocto, and Skit.AI.

  • AJVC Raises ₹100 Crore Fund to Fuel India’s Early-Stage Startup Growth

    AJVC Raises ₹100 Crore Fund to Fuel India’s Early-Stage Startup Growth

    A Junior VC (AJVC), founded by Aviral Bhatnagar, has raised its first fund of Rs 100 crore to back pre-seed startups in India.

    Bhatnagar, previously an investor at Venture Highway, started AJVC after leaving the firm ahead of its acquisition by General Catalyst in June 2024.

    With this fund, AJVC aims to invest in 12-15 startups annually, focusing on sectors like artificial intelligence (AI), software-as-a-service (SaaS), and consumer technology.

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    Xurrent Acquires Zenduty

    Xurrent Acquires Titan Capital-Backed SaaS Startup Zenduty

    The fund is primarily backed by Indian capital, including family offices, tech unicorn founders, and senior executives from investment firms.

    AJVC follows a structured investment approach, offering Rs 1.5 crore for a 9% equity stake.

    The firm has already backed nine startups across AI, B2B, consumer brands, and consumer technology, including ventures from regions like Assam and Jharkhand.

    India’s startup ecosystem is experiencing a surge in micro-VCs, which are playing a crucial role in addressing the early-stage funding gap.

    Pre-seed funding has become increasingly vital, providing startups with the necessary capital to develop and scale their ideas.

  • Cricketer Rishabh Pant invests in skincare brand Amantyacare

    Cricketer Rishabh Pant invests in skincare brand Amantyacare

    Skincare brand Amantyacare has raised an undisclosed amount in pre-seed funding from Indian cricketer Rishabh Pant.

    The investment will be used to enhance product innovation and expand the brand’s market presence, the company announced.

    I am excited to partner with Amantyacare, a brand that truly understands the needs of Indian consumers. Their commitment to combining traditional ingredients with modern formulations, while maintaining affordability and sustainability, perfectly aligns with my vision of supporting innovative Indian brands that can make a global impact,” said Rishabh Pant to sources.

    Founded in October 2024 by Meenal Khanna Kwatra, Amantyacare offers affordable skincare solutions targeting concerns like pigmentation, acne, and sensitivity.

    The brand is PETA-certified cruelty-free and uses sustainable packaging, featuring reusable glass containers and recycled materials, to reduce its environmental footprint.

    With prices under Rs 2,000, the brand aims to cater to consumers in both tier I and tier II cities.

    Also Read : Sisir Radar Secures $1.5M in Seed Funding Led by Shastra VC

    The company recently introduced Melt & Pour Body Oil Candles, blending aromatherapy with skincare.

    It also plans to launch new product lines focused on acne care, pre-aging solutions, and skincare-infused makeup, while exploring opportunities in international markets.

    Meenal Khanna Kwatra, Founder, Amantyacare explained, “This partnership with Rishabh Pant is a validation of our mission to make conscious beauty accessible to all. With this investment, we plan to expand our product line, strengthen our market presence, and continue innovating in the space of sustainable skincare.”

    India’s skincare market is on a growth trajectory, with revenue expected to reach $10.48 billion by 2025 and a projected annual growth rate of 3.64% from 2025 to 2030.