Hyderabad - September 2022 hirex.ai, has secured Early Capital from SucSEED Indovation Fund and CiE IIIT-Hyderabad as part of its Seed round. With the motto of “Accelerating talent assessments with Voice AI and automation”, hirex.ai aims to build a talent assessment platform for Millennials and Gen Z job seekers who are increasingly using Voice AI solutions for every day communication needs. Hirex.ai provides a no code Voice AI platform to conduct and score level one interviews at scale autonomously. Unlike current assessment platforms, hirex.ai allows Talent Acquisition Groups (TAG) to conduct and score technical interviews without any human intervention. TAG
6Degree, has secured an undisclosed amount in Fund raise led by Hyderabad headquartered SucSEED Indovation Fund and 1Crowd. The round also saw participation from Riso Capital, Keiretsu Forum and Angelbay. Setup in 2015 by Nikhil Hegde and Amit Bhardwaj, 6Degree is one of the leading e-commerce enablement platforms focused on the fashion and lifestyle retail sector. 6Degree’s flagship product “Honeycomb” was launched in 2020 and offers an end to end suite of solutions for managing the online business of brands ranging from order & inventory management for D2C websites, third party marketplaces, payment & fulfillment solutions, and brand growth solutions.
SucSEED Indovation Fund, India, an angel fund focused on bringing tech innovation to the market and Jani Ventures Inc, Canada, focused on early investment in promising tech-driven ventures have invested INR 2.75 Cr (~$380k) in Udbhata Technologies Pvt Ltd to commercialize and scale Qoris® ERM, Udbhata’s first offering. Qoris® ERM (www.qoris.io) is Udbhata’s proprietary risk management software solution focused on the non-financial sector globally, with highly innovative and first-in-class features such as the Peer Analyzer With quick onboarding, Qoris® Clients respond to risks faster and better, and significantly enhance their internal and external stakeholder confidence. Udbhata’s practitioner first approach helps
Gaming Fund under the umbrella of Hyderabad headquartered SucSEED Indovation Fund continues to work with various partners to discover and support gaming start-ups with seed funding and organize mentorship support from successful Gaming Founders & experienced Influencers. SucSEED Indovation Fund and STPI led IMAGE CoE had announced their collaboration earlier to aid the gaming startup ecosystem. Gaming startups would be incubated with STPI IMAGE COE and SucSEED Innovation Fund would invest in the select Gaming Startups from the cohort. Up to $100,000 in funding will be offered for early-stage product development. Several successful Gaming Founders have joined the SucSEED Indovation
Hyderabad - Jan 2022 - FeetWings Pvt. Ltd., has secured INR 1.1 Crore as Seed Fund, from a round led by SucSEED Indovation Fund and supported by Friends of PadUp and Elina Capital. With the motto of “developing cost effective and easy-to-use management tools to help diabetics lead a better life”, FeetWings introduces a smart healthcare assistant that continuously monitors patient's vitals such as foot temperature and blood glucose non-invasively through its Smart Socks, providing diabetics an accurate, cost effective and non-invasive tool for monitoring and management of blood glucose, peripheral neuropathy and foot ulcers. Feetwings is co-founded by Dr.