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 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.
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.
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.
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.
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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