Kuku FM raises $21.8m funding from Fundamentum Partnership


September 22, 2022 Kuku FM‘s operating company, Mebigo Labs Pvt Ltd, said today that it has raised $21.8 million in a series B financing led by Fundamentum Partnership, Nandan Nilekani’s company. Partial list of investment participants in the round 1.Paramark 2.Krafton 3. 3one4 Capital 4.Vertex 5.Verlinvest 6.FounderBank Capital With the funding, Kuku FM hopes to increase the number of languages available to listeners, develop its environment for content creation, and grow its catalogue. By the end of 2023, the company hopes to have a base of 10 million or more paying  customers, according to a press release. The largest radio platform … Read more

TrueFoundry raises $2.3M seed fund led by Sequoia India


A machine learning (ML) developer named Startup TrueFoundry has secured $2.3 million in seed funding from Southeast Asia’s Surge and Sequoia India. Eniac Ventures and angel investor Naval Ravikant were additional participants in the round. Here is the particial list of participants Eniac Ventures AngelList Co-founder Naval Ravikant Deutsche Bank Global CIO Dilip Khandelwal Head … Read more

Parking Solution Startup ParkMate raises seed funding from We Founder Circle 

Parking Startup Parkmate

About ParkMate ParkMate is an intelligent parking solution that helps drivers and businesses save time and money. You’ll never have to waste time again looking for or even going to a parking lot again thanks to the ParkMate app. ParkMate Funding ParkMate has acquired an undisclosed funding that was made possible by EvolveX, the global accelerator programme run by start-up investment platform We Founder Circle. The company intends to use the funds to strengthen the technology, hire people, and grow the team. Founding Team Dhananjaya Bharadwaj, Co-founder and CEO, ParkMate. Contact … Read more

StartupXseed’s Fund II closes at Rs 243 crore and is 20% oversubscribed

StartupXSeed Fund 2

Bangalore, September 19, 2022 StartupXseed Ventures, an early-stage B2B venture capital firm, has officially confirmed the final close of its fund II with a contribution of 243 crore. The venture capital firm invests in enterprise solutions with a clear awareness of market barriers and the potential to sell across international markets. Where do they invest? … Read more