Indian GenAI startup Devnagri raises new funds led by Inflection Point Ventures

Indian GenAI startup Devnagri raises new funds led by Inflection Point Ventures

New Delhi: Homegrown Generative AI (GenAI) startup Devnagri on Thursday said it has raised an undisclosed amount in a pre-Series A round led by Inflection Point Ventures. The B2B-focused Indian language translation startup said new funds will be allocated to marketing, sales, technology scaling, R&D, infrastructure, and administrative expenses. Devnagri offers personalised business communication to … Read more

Healthcare platform RED Health secures $20 mn led by Jungle Ventures

Healthcare platform RED Health secures  mn led by Jungle Ventures

New Delhi: Healthcare platform RED.Health on Wednesday said it has raised $20 million in its Series B funding led by Jungle Ventures. The fresh funds will be utilised in the expansion of services across more than 40 cities and the launch of new product lines, said the company that is known for its ability to … Read more

Cornerstone Ventures to invest $200 million in emerging B2B enterprise tech firms

Cornerstone Ventures to invest 0 million in emerging B2B enterprise tech firms

New Delhi: Leading venture capital firm Cornerstone Ventures on Wednesday announced a $200 million fund for emerging B2B enterprise tech opportunities across software platforms and marketplaces. With its second fund, Mumbai-based Cornerstone Ventures said in a statement that it will invest ticket sizes ranging from $5 million to $15 million, in early-growth stage and scaled … Read more