[Funding roundup] O’2 Nails India, FlexC and Speedlabs offer early stage deals

O’2 Nails India gets second funding from Atal Incubation Center – BIMTECH

O’2 screws is one of the fast growing startups in the consumer and fashion retail space in India that specializes in nail care has raised the space $75,000 financing from Atal Incubator Center – BIMTECH Under the Startup India initiative of the Government of India along with some of the prominent investors. Funding comes in the form of bonds below seed box diagram. AIC – BIMTECH is also incubating O’2 Nails India under the ‘Gurukul’ programme, where they reformulate nail care products in a more sustainable way.

This fundraising has seen participation from other notable angel investors including Ji Soumya (Head of Product – Google) And Sanjay Vijayvargia (Partner of Mahindra Holiday). Atal Incubator Center – BIMTECH led the tour with Parul Aggarwal and other investors. O’2 Nails India will use this money for technological advancement along with retail growth by increasing the number of its stores.

“I am speaking on this occasion, Aparna Singh, CEO, O’2 Nails India She said,

“Our audience is not buying goods or services. They are eager to buy relationships and stories, which they can showcase socially. As India is full of festivities and colours, you now have options to express it through your fingernails through our blend of technology and technology. I am absolutely confident,” Aparna added. After incubating the Atal Incubation Center – BIMTECH, we are sure to make a difference in the nail care industry. We are grateful to our existing investors, who are also delighted that we are progressing with 5x growth compared to last year. We are also adding 10 stores this quarter and bringing our total to 50 this calendar year at 90% She Power, bringing our customer base to 100,000 regular paying customers. The strength of our store will enable us to penetrate the nail care market across India and compete with the global market and standards. On the product front, this Mother’s Day we started our entry into the product sector as well and launched five products under the nail care category across all e-commerce. Platforms from July 22.

FlexC raises undisclosed funding from Dr. RA Mashelkar and Amey Mashelkar

flex cIt is a marketplace for artificial intelligence talent to recruit and manage a mixed workforce, and it has secured undisclosed funding by bringing in new investors – Dr. R.A. Mashelkar and Amey Mashelkar.

Dr. Machelkar has served as a Director on the boards of leading Indian companies, such as Tata, Reliance KPIT Technologies, Hindustan Unilever, Piramal Group, Mind Tree, and many more. More than 45 international universities have awarded him honorary doctorate degrees.

He is a Padmavibhushan Award recipient and also received the prestigious Star of Asia award from George Bush (Father), the former US President.

Another investor who has invested in FlexC is Amey Mashelkar who heads JioGenNext, Jio’s innovation and mentorship program. He is also an angel investor focused on investing in promising companies that are building global businesses.

FlexC was created with a vision to make the best Indian talent accessible to global markets. The company will use the funding to expand various business horizons beyond information technology and BPO and venture into consumer technology, BFSI, and retail. It also has plans to invest in technology platforms to offer a competitive and inclusive work environment.

Mumbai Angels, Others Invest 14.31 Cr in Pre-Series A Round of SpeEdlabs

Mumbai’s Angelswhich is a premium platform for private investments, in which I invested SpeEdLabs, one of the leading AI-based education technology platforms, as part of the Pre-Series A funding round. The fundraising of Rs 14.31 crore saw LetsVenture, Ecosystem Ventures and SucSeed Ventures participate. SpeEdLabs will direct the new capital towards expanding its presence and strengthening its infrastructure.

Nandini Mansingka, Co-Founder and CEO of Mumbai Angels, He said, “The emergence of platform-as-a-service solutions that support AI has revolutionized the hitherto unregulated after-school education market. There is a huge demand for non-public learning style given the one-size-fits-all education system prevalent in India today. Confident that our unique technology-based learning solutions will continue to enrich student learning and fuel future demand for personalized coaching.”

“As the world is gradually moving towards a hybrid model of education, it is time for children/students to receive personalized education according to their requirements. Online teaching was a forced choice during the COVID-19 lockdown, but now the offline classroom model using technology will be the successful hybrid model. The SpeEdLabs platform uses data-driven hyper-customization, dynamic adaptive learning, automated algorithm-driven content management, and analytic data visualization to help students realize their potential as we offer the best of both worlds.We are also pleased to have prominent investors supporting our journey.SpeEdLabs is currently located in More than 200 cities, empowering more than 100,000 students and empowering more than 5,000 teachers, SpeEdLabs will soon expand its presence to 800 cities across 23 states in the country” Vivek Varshni, founder of SpeEdLabs.

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