This week, the funding spotlight was on consumer, AI and deeptech startups.
ETEntrepreneur brings a roundup of key deals below.
Mochatrade raises $5.5 million seed funding led by CoinFund
Mochatrade, a trading platform targeting Indian users seeking exposure to US markets, has raised $5.5 million in seed funding led by CoinFund. Coinbase Ventures, Zero Knowledge Ventures and other investors participated, while earlier backers include Y Combinator and Pioneer Fund.
The company will use the funding to develop its trading engine and risk infrastructure and reach active Indian traders. Planned additions include contracts linked to selected pre-IPO companies, US stock options and social trading features, subject to applicable laws and regulatory approvals.
Read the whole story here.
Live2.ai raises ₹130 crore pre-series B funding led by IvyCap
VenturesLive2.ai has raised ₹130 crore in a pre-series B funding round led by IvyCap Ventures. The round comprises primary capital to fund growth and a secondary component that provides partial liquidity to early shareholders.
The company will use the funds to develop its AI agent platform, expand enterprise deployments and strengthen its presence across North America, Europe and Asia-Pacific.
Read the whole story here.
Rotoris raises ₹70 crore series A funding led by Blume Ventures
Luxury watch brand Rotoris has raised ₹70 crore (around $8.5 million) in a series A funding round led by Blume Ventures.
It also includes participation from 9Unicorns and Centricity, which brought in family offices including Diwakar Goel, global head of data at BlackRock; Atul Singh, former group president for Asia Pacific at Coca-Cola; and Adhiraj Burman of the Dabur family. Actor Rannvijay Singha also invested.
The capital will be used for research and development, expanded production and growing the company’s presence in India and overseas.
Read the whole story here.
Simplismart raises $14 mn series B funding led by Dallas Venture Capital
AI infrastructure startup Simplismart has raised $14 million in a series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax.
The company will use the capital to develop its AI inference platform, expand partnerships with cloud providers and sovereign AI infrastructure operators, and grow across North America and other global markets.
Read the whole story here.
QwikBuild raises $2.3 mn pre-seed funding led by Globalway
QwikBuild, an enterprise AI startup, has raised $2.3 million in a pre-seed funding round backed by Globalway, Blume Ventures, Marsshot and DeVC, alongside angel investors including Groww founder Lalit Keshre and Cure.fit founder Ankit Nagori.
The startup has also announced a joint venture with publicly listed Japanese company Globalway to expand into Japan’s enterprise market.
Read the whole story here.
Coratia Technologies raises ₹18 crore funding led by MGF Kavachh
Underwater robotics startup Coratia Technologies has raised ₹18 crore in a bridge round led by MGF Kavachh to execute its ₹66 crore Indian Navy programme, strengthen research and development, and scale manufacturing and deployment.
The new capital will go towards the Navy programme, strengthening core underwater robotics capabilities and building the manufacturing and deployment capacity required to serve defence and industrial customers.
Read the whole story here.
Let’s Game Now closes ₹30 Cr funding backed by Anand Mahindra, Bestvantage
Let’s Game Now, an Indian gaming and e-sports company, has closed a ₹30 crore investment round backed by industrialist Anand Mahindra and Bestvantage Investments, with a significant portion of the funding coming from a UAE-based family office.
The company plans to use the investment to accelerate the development of the Indian Super Gaming League, a franchise-based gaming league combining competitive gaming, sports, entertainment and technology.
Read the whole story here.
Venttup raises $3 mn pre-series A funding led by Rainmatter, Unicorn India Ventures
Venttup, an engineering-led B2B manufacturing startup focused on precision components and industrial supply chains, has raised $3 million in a pre-series A funding round led by Rainmatter by Zerodha, and Unicorn India Ventures.
The company will use the capital to expand its engineering team, establish precision manufacturing capabilities and invest in rapid prototyping infrastructure and artificial intelligence tools for sourcing and supplier intelligence.
Read the whole story here.
Ace Blend raises $9.91 mn in series A2 round led by 3one4 Capital
Ace Blend has raised $9.91 million in a Series A2 funding round led by 3one4 Capital, with existing investor Fireside Ventures doubling down on its investment.
The company plans to use the capital to strengthen its research capabilities, deepen supply chain integration and expand its product portfolio.
Read the whole story here.
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