AXILOR VENTURES
B2B manufacturing startup CapGrid closes Rs 50 crore round; valuation up 40%
CapGrid has recently secured Rs 50 crore in funding, primarily aimed at enhancing its operations. The ramp-up in capital is expected to help the startup expand into new industrial sectors. CapGrid plans to allocate a portion of these funds for research and development to drive innovation. The company intends to onboard new domestic customers and grow its market presence significantly.
Health tech startup Alyve Health raises $5.5 million funding from Axilor Ventures, others
Health tech startup Alyve Health raised $5.5 million led by Axilor Ventures for platform enhancement and talent acquisition in Mumbai. Earlier in April 2022, it raised seed funding of $900,000 from Axilor Ventures and 1Crowd Fund.
Fintech startup LeRemitt raises $1.25 million in funding from Axilor Ventures, others
The round also saw participation from Capital A along with other founders and angel investors.
Axilor launches second fund of $100-million
Axilor’s latest corpus is almost four-fold higher than its previous close, as the seed-backer looks to continue backing early-stage startups.
Twixor raises $2.4M from Season Two Ventures, Axilor Ventures and The Chennai Angels in Series A Round
The intuitive solutions CX platform for intent-driven and micro-engagement solutions is planning an aggressive scale-up
Locofast raises $15 mn co-led by Stellaris Venture Partners, Chiratae Ventures
Infosys co-founder Kris (S) Gopalakrishnan’s fund, Axilor Ventures, also participated in the funding round, as well as angel investors including Suhail Sameer (CEO, BharatPe), Amit Lakhotia (founder and CEO, Park+), Nitin Gupta (founder and CEO, Uni).
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Cancer Clinics lands $1.5 million funding led by Axilor Ventures
The Hyderabad-based startup operates a distributed network of day-care cancer treatment centres.
Myelin Foundry raises funding from Kris Gopalakrishnan’s family office
Myelin Foundry builds edge AI products on consumer devices with its proprietary algorithms for video, voice, and sensor data.
25% of Indian startups in serious trouble if COVID-19 persists for long: Expert
"About 25 per cent of the startups have less than six months of runway," the co-founder of IT major Infosy Ltd, told P T I. "They will be in serious trouble if the recovery does not happen in six months, it does not look like (happening within that period)."
Axilor Ventures, others open funding window for Khidki
“The funds will be deployed for expanding into other states and enhancing our existing product,” said co-founder Kumar Saurabh.
Axilor looks to venture out with a Rs 200 crore seed fund
The company aims to act as a pipeline for VC firms who are looking for good companies to invest in. It also runs an accelerator, which has had six cohorts till date.
Treebo on a high with events platform buy
Founded in 2016 by Nikesh Garera and Arvind Batra, Events High counts early-stage investment firm Axilor Ventures as an investor.
Singapore based startup Appiyo Technologies raises funds in seed round
Appiyo’s customer roster spreads across India, Middle East and Americas in sectors such as Healthcare, FMCG, Logistics, Retail, Banking and Finance.
Axilor Ventures lands in IIT-M to fuel Chennai startups
The facility will be used to leverage the academic expertise from the institution in areas such as industrial tools based on Internet of Things and artificial intelligence applications in enterprise processes.
Twenty startups to be part of Axilor Ventures's sixth accelerator batch
The cohort consists of 75% bootstrapped startups and two thirds of the founders have prior startup experience with an average of four years work experience.
Axilor receives 300 applications for its sixth accelerator batch
The accelerator had just graduated 20 startups across five sectors- consumer internet, enterprise, Artificial Intelligence, healthcare and fintech.
IoT tech startup DeTect Technologies raises funding from CIIE, Axilor and Keiretsu
The startup's drone called Noctua is now offered to nearly 10 leading organisations, including BPCL, HPCL and Tata, among others.
PipeCandy gets Rs 7.3 crore in seed funds
The company uses data science to discover the right prospects for business-to-business (B2B) sales representatives and helps them segment the prospects based on nuances that are very specific to their respective industries.
IDG Ventures India & Axilor to invest in virtual and augmented reality-based startups
Apart from the money, the selected startups can also directly pitch to the IDG Ventures investment committee and get access to startups that are part of the global IDG Ventures portfolio.
Axilor Ventures ties up with PayU India for its accelerator programme
nullFintech is one of the five focus areas for the cohort in the Summer 39;17 batch. Together with PayU India, Axilor aims to improve the odds of success of FinTech startups and make them investible faster.
Axilor to onboard 20 startups
In the past two years, since its inception, Axilor has supported 30 startups through its accelerator programme and invested in over 20 startups through its programmes.
SecurAX is on cloud 9 after this fund raise
"Cloud-based technologies are driving new business models. SecurAX is well positioned to build on its leadership in the biometrics space and scale its SaaS offering, globally," said Srinath Batni, cofounder of Axilor Ventures.
This startup brings light and money to people in hinterland
Lytyfy, which earns its revenues through interest on the loan and a margin off the products, wants to soon integrate aadhaar based e-KYC credit assessment and wants to reach 400 customers with a loan book of 15 million in the next year.
Bot detection platform InfiSecure raises $600,000 in seed funding
The startup offers businesses insights on bot traffic and eliminates unwanted or suspicious behaviour in real-time, using machine-learning and big data technology.
Infosys co-founders Nandan Nilekani, Kris Gopalakrishnan, S D Shibulal keep faith in startups
Infosys co-founders continue to back innovations using technology, cementing their presence in the startup space.
Axilor Ventures invests in emergency response app developer MUrgency
MUrgency, which was founded by Shaffi Mather, basically aims to ensure instant help for patients from doctors, nurses and paramedics during medical emergencies.
LetsVenture, Axilor Venture survey 500 startups to pinpoint hurdles faced by early-stage ventures
“72% of startups in ideation stage or proofof -concept stage are treat funding as their primary problem, said Ganapathy Venugopal, cofounder, Axilor Ventures.
Axilor Venture appoints Kris Gopalakrishnan as its non-executive chairman
Axilor Ventures, the startup fund and accelerator started by Infosys veterans, appointed Kris Gopalakrishnan as its non-executive chairman.
Incubator set up by Infosys co-founders to fund Sellerworx
Sellerworx has become the first company to get funded by Axilor Ventures, a seed incubator set up by Infosys co-founders SD Shibulal and Kris Gopalakrishnan.
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