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Arvind Parthiban, right, and Jayakumar Karumbasalam, the co-founders of SuperOps.ai. Credit: Special arrangement
City-based firm SuperOps.ai, a professional services automation (PSA) and remote monitoring and management (RMM) platform, has raised $3 million in a seed stage funding round led by Elevation Capital and Matrix Partners India.
Noted angel investors, including Kayako’s founder Varun Shoor, Kovai.co’s founder Saravana Kumar, Posist’s co-founder Ashish Tulsian, and Livspace’s founder Ramakant Sharma, participated in the seed round.
SuperOps.ai also launched its beta platform on Wednesday. The company plans to use the funds to strengthen research and development.
Founded in 2020 by serial entrepreneur Arvind Parthiban, SuperOps.ai is a modern take on disjointed managed service providers (MSP) tools (outsourced IT). He created the marketing automation software, Zarget, before selling it to Freshworks. “Our platform is tailored to cater to various segments o
SME financing platform OfBusiness raises $110 million from Falcon Edge Capital – valuation hits $800 million
Sanchita DashApr 8, 2021, 09:27 IST
OfBusiness
OfBusiness has raised $110 million from
Falcon Edge Capital. The round also saw participation from its existing investors Matrix Partners India, Creation Investments, and
Norwest Venture Partners.
OfBusiness drives raw material supply chain for manufacturing and infrastructure sectors and claims to have gross merchandise value (
GMV) run rate of $1.5 billion.
In a recent interview, the company’s co-founder Asish Mohapatra said that it is also aiming for an IPO in the next two years.Business-to-business platform OfBusiness has raised $110 million from Falcon Edge Capital. The round also saw participation from its existing investors Matrix Partners India, Creation Investments, and Norwest Venture Partners. With this round, the company has raised a total of $170 million.
[Funding alert] AntWak raises seed round led by Matrix Partners India
Bengaluru-based edtech platform AntWak plans to use the funding to build deeper in content and education infrastructure, and build world-class marketing and inside sales team.
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Matrix Partners India. The round also saw participation from
Kunal Shah, Founder, CRED, and Vaibhav Domkundwar, Founder, Better Capital.
AntWak was founded in 2020 by Basav Nagur, Joybroto Ganguly, Sudhanshu Shekhar, Sumit Gupta, and Sriramkumar Sundararaman.
With this funding, AntWak said it plans to invest deeper in content and education infrastructure, and build world-class marketing and inside sales team.
Joybroto Ganguly, Founder, AntWak, said in a press statement,
India: Nutrition branOZiva snags $12m led by Eight Roads Ventures
Photo: Unsplash
March 17, 2021
Plant-based nutrition brand OZiva on Wednesday said it has raised $12 million as part of its Series B round led by new investor Eight Roads Ventures. The round also saw participation from F-Prime Capital and existing investor Matrix Partners India.
According to the company, it will be using the funds to build out the team, enter new product categories, and look to scale its technology platform to provide more value-added services. The present funding comes less than a year after the startup raised $5 million as a part of its Series A round, led by Matrix India last June.