Matrix Partners India Leads $3M Investment in Eco-Friendly Packaging Startup, Cirkla

Cirkla, a forward-thinking sustainable packaging startup, has successfully secured an impressive $3 million (equivalent to Rs 24.8 crore) during a pre-seed funding round. This noteworthy achievement was made possible through the strong leadership of Matrix Partners India, with valuable contributions from Stellaris Venture Partners and a cohort of esteemed angel investors. According to the startup, the raised funds will be…

Sovereign Wealth Fund Institute Paves the Way for Startup Funding Opportunities

At FORT North America 2023, we’re excited to introduce you to six dynamic startups from around the globe. Among them, two hail from India, shining a spotlight on the country’s thriving startup landscape. These innovative entrepreneurs will captivate you with their engaging five-minute elevator pitches. The Sovereign Wealth Fund Institute (SWFI) announced on Wednesday that its Family Office Round Table…

Microsoft Backs D-Matrix: AI Chip Startup Raises $110 Million in Funding

D-Matrix, a pioneering artificial intelligence chip startup headquartered in the heart of Silicon Valley, has successfully secured an impressive $110 million in funding. Notably, this funding round boasts participation from notable investors, including the tech giant Microsoft Corp. This achievement is particularly significant given the current challenges faced by many companies in the semiconductor industry as they seek to secure…

A Bengaluru Startup has Come Under Fire for Publishing a ‘Passive Aggressive’ Answer to a Customer

Many individuals were disappointed with the startup when they chastised a consumer for providing feedback on their app. Nash Vail, co-founder of Fold Money, a Bengaluru startup, apologized to a client for responding to their feedback in a ‘passive hostile’ manner. Many people have criticized the corporation after their tweet went viral. The genesis of this narrative can be traced…

This Week’s Startup Deals: PhonePe, BharatPe, Housing.com, BOXX, HeyoPhone, SnapE, Shiprocket, and WhiteHat Jr were in the News

This week has seen a flurry of exciting developments in the startup world. HeyoPhone successfully secured substantial funding, while gradCapital enthusiastically introduced a $6 million fund tailored to support student-led ventures. In a surprising twist, BharatPe’s Chief Business Officer, Dhruv Bahl, decided to step down from his position, and Ananya Tripathi, the CEO of WhiteHat Jr, also made a notable…

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