The company said it will use the funds to develop ecommerce technology, build chatbots for selling on various platforms with public profiles like Pinterest, YouTube, Threads as well as streamline the supply chain to help people set up and expand their own Instagram stores.
Bolt Earth Funding: The firm builds charging infrastructure for electric vehicles (EVs) across various power and customisation needs. It claims to have deployed over 30,000 EV charging points in its network.
The company said it will use the funds to expand its charging network, enhance its products, develop its operating system further, acquire talent, and expand internationally.
Funding in Indian startups plummeted almost 38% from $139 million raised across 33 rounds in the same period last year, according to data provided by market intelligence firm Tracxn.