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Weekly rundown: Auxano, B Capital launch new funds; Shiprocket, upGrad make acquisitions

Auxano Capital Launches $25 Mn Category 1 Fund

Auxano Capital is looking to actively invest in the emerging megatrends across sustainable mobility, fintech, enterprise SaaS, and agritech

Intents Mobi raises $600K in seed round - The Hindu BusinessLine

Intents Mobi raises $600K in seed round April 20, 2021 The funds will be utilised to increase the collection of GIS information for India Gurugram-based startup Intents Mobi has raised $600,000 in Seed round led by Auxano Entrepreneur Trust, which company will use for collection of geographic information system (GIS) information. The round also saw participation from venture capital firms such as DevX Venture Fund, Globevestor, Artha99 Investment, Modulor Capital, Vgangels and angel network at Venture Garage. Tabrez Alam, Founder of Intents Mobi said: “India is a unique country with one of the highest densities of roads in the world and addresses that are inconsistent. Therefore, our focus is on gathering situational awareness information about the two most critical elements of routing, that is, the destination and the route”.

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