Results for "Seed Funding"

3 results found

STARTUP WATCH5 min read

Peak XV Partners Divests ₹1,756 Cr in Groww: Decoding the Impact on India's Fintech and Startup Landscape

Peak XV Partners, a leading venture capital firm, has divested a significant portion of its stake in Indian fintech unicorn Groww, selling shares worth ₹1,756 crore. This move reduces their holding to approximately 14.2%, signaling a maturing market for India's rapidly growing financial technology s

STARTUP WATCH6 min read

Bengaluru's Kily Raises ₹30 Crore to Automate Commerce with AI: A Deep Dive into Enterprise AI for Indian Tech

Bengaluru-based enterprise AI startup Kily has secured ₹30 crore in a seed funding round led by Sorin Investments to revolutionize commerce automation. This significant investment underscores the growing confidence in AI's potential to streamline operations for large retailers and brands in India an

INDIA AI WATCH6 min read

Vishal Sikka Returns: Former Infosys CEO Launches AI Startup Hang Ten Systems with $32 Million Funding

Former Infosys CEO Vishal Sikka has unveiled Hang Ten Systems, an AI startup focused on enterprise AI infrastructure, securing a significant $32 million in seed funding. This move marks Sikka's return to the tech leadership forefront, aiming to address critical challenges in deploying AI for large o