[Funding roundup] Open joins the unicorn club; BarRaiser, Twixor, Frendy and others raise capital

Fintech startup Open becomes India’s 100th unicorn, raises $50M in Series D led by IIFL

New banking platform focused on small and medium businessesOpensOn Monday, it announced $50 million in its Series D round from IIFL, along with existing investors Temasek Holdings, Tiger Global Management and 3one4 Capital.

To date, the Bengaluru-based startup has raised more than $140 million in funding, backed by global investors — including Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic Partners, 3one4 Capital, Speedinvest and Tanglin Venture Partner Advisors, Angellist, and Unicorn India Ventures, to name a few.

Within six months of uploading it Series C Round C worth Rs.735 crore ($100 Million) Led by Temasek, Startup Takes Round D – With $1 Billion Valuation – Which makes it 100 rhinos in India.

Founders Open

Smart interview platform BarRaiser raises $4.2 million in initial round

Reserve BarAI, an AI-powered smart interviewing platform, has raised $4.2 million in seed funding. She led the initial funding round 021 Capital and Global Founders Capital, with the participation of other angel investors.

The capital will be used to expand the company’s geographic presence and enable BarRaiser to expand its engineering and data science teams to meet the growing demand for SaaS and its corresponding community product (BarRaiser+).

BarRaiser’s mission is to help companies recruit exceptional talent faster, while conducting structured and fair interviews. Avinash Saxena, CEO of BarRaiser and the former founder of Roposo, a social video app, says, “We work with more than 250 leading technology companies and are in constant demand across the globe. This funding round will help us expand our reach and make additional investments in technology that help bridge the gap between talent and opportunity.”

BarRaiser . Team

Mira Kapoor invests in nurturing luxury

wellness nutritionMira Kapoor, a one-stop shop for all organic foods, whole foods and multivitamin nutrition, has announced Mira Kapoor as an investor in the brand.

Started in 2019 by Avnish ChapriyaWellbeing Nutrition is a leader in innovative research into whole plant-food nutrition, headquartered in Mumbai. Backed by research in the USA by a team of doctors, scientists and nutritionists, the brand has created multiple nutritional technology innovations such as Melts Oral Thin Strips, multi-layer effervescent tablets and their latest release Slow 2-1 (omega + multivitamins) embodying capsule technology. overdue for 8 hours.

The company works with more than 150 organic farms and clinically certified suppliers globally to source the cleanest plant-based ingredients.

Mira Kapoor invests in nurturing luxury

The brand currently sells across more than 2,000 stores in India and over 5,000 stores worldwide in USA/UK/UAE and Germany.

Recently, the brand also partnered with Disney to launch an organic and all-natural range of multivitamins and omega for children developed by pediatricians and clinicians in the United States.

Twixor raises $2.4 million from Season Two Ventures, Axilor Ventures and The Chennai Angels in the first round

TwixorConversational AI and Low Code Process Automation System (LCNC) announced raising $2.4 million in the first round of Season Two Projects (VC Inc. Indo-American Corridor), Axilor Ventures and chennai angels. The platform is fully developed at the IIT Madras campus and has a large presence in India, with offices in Chennai and other parts.

A Singapore-based company with a R&D center at IIT Madras Research Park, Chennai, Twixor helps companies build highly customized interactive solutions. It simplifies the way organizations integrate consumer interactions/participations into their business processes to give enterprise customers better AI-powered cognitive experiences. With six global patents in its trunk, the CX automation platform accelerates conversations by driving smooth, low-friction, multilingual, application-less interactions and transactions. The platform is developed by the IIT Madras campus and has a large presence in Chennai and other parts of India. The company is looking to aggressively increase its reach and operations. The new funds will be used to advance the innovation journey, strengthen strategic partnerships, global expansion, and recruit talent.

According to the startup, it will soon launch its global SaaS platform: “Twixor AIM”codeless multichannel messaging engine, and “Twixor Account”Low code process automation engine.

Frendy wraps up his Series A tour at Rs 23 Swedish krona ($3 million)

FriendIt is a community group buying platform that has grown in size Series A Fundraising, to close at 23 crore ($3 million). The company had raised a smaller segment of investors in December 2021. Frendy’s new round saw renewed participation from the Desai Family office, new investors via Let’s Venture Angel Fund led by MARV Capital of New York and Centera Fund UK, and angel investors such as Shaleb Mahreesh of Vinson Cap Advisors, John Bibenga Partner, Social Venture Partners Charleston, Brian Giarocco, Ground Swell Capital, Raza Hasnani MD, Africa50 Fund, Kunal Shah – MD, Nomura, Arthur Farme – CEO, Grupo H Brazil, Vivek Baliga – MD, BMO & Chetan Vig MD, Fund Teachers Retired, Vikas Lunia, Lunia Capital.

founded by Sameer Gandotra MBA at Wharton University And Gowrav Vishwakarma is a tech businessman, The startup has a team of 100 professionals including an in-house tech team. The startup has seen incredible traction and has expanded into stealth mode with operations in more than 25 Tier 2-6 cities and over 4,500 products. The company recently expanded its reach by entering Rajasthan with Madhya Pradesh next on the cards.

The company generated revenue of Rs 43 crore in its first year of operations with break-even economics.

Cooee raises £300,000 in pre-seed round to democratize AI for digital user engagement

CooingThe AI ​​platform that helps mobile apps boost customer retention through personal engagement, has received £300,000 in seed funding from investors including Jenson Funding Partners, the venture capital firm, as well as several angel investors from the US, India and the UK. United.

Cooee offers personalized in-app push notifications that help businesses increase revenue and reduce disruption. It uses AR, computer vision, and machine learning to create unique interactions for each customer in real time rather than the traditional approach of grouping different user segments and delivering campaigns on a fixed schedule.

It’s a low-code platform built with ease of use in mind, so companies can embed the service into their apps in minutes with simple integration. With each submission, Cooee is constantly learning and improving automatically.

Truscholar raises funds from SucSEED Indovation

Techlligence Asset Series Pvt. Ltd. (Known as the TruScholar), on an undisclosed capital led by Hyderabad and headquartered SucSEED Induction Fund, an early stage deeptech oriented fund. Other angel investors from Padup Ventures, Vinners Group and TiE Angel have joined the investment round as well.

With the motto of “Being Intel within the world of education by powering all learning credentials on the blockchain and helping them keep their skills passport; Truscholar aims to become a revolutionary solution to help Universities/Institutes/Edtech startups issue a verifiable and immutable version of certificates.” Digital and badges for learners to cherish throughout their lives.

Truscholar has hosted more than 140 educational institutions, universities, event organizers, education technology/e-learning and businesses in the country, who are constantly using it to issue and verify certifications and badges, since August 2021. As a result, it has issued over 25,000 digital certificates and has successfully verified and validated more than 11,000 Certificate / credentials.

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