AI-focused early-stage VC firm pi Ventures makes the first close of maiden fund at US$13M

pi Ventures looks to invest 18-12 startups in the healthcare, logistics, retail, fintech and enterprise sectors using AI, Machine Learning and IoT 

Bharat Bazaar gets funding from Beenext to digitize Indian agriculture

Supply channel bottlenecks and lack of a proper marketing channel are serious problems for a farmer, and Bharat Bazaar aims to address this 

Eminent investors in India come together to launch US$19M early-stage fund

Ideaspring Capital will mainly focus on areas such as Machine Learning, Big Data, IoT, AR, VR, medtech and fintech 

Ratan Tata, Mohandas Pai back deal-making startup LetsVenture

Last week, LetsVenture raised Series A funding from Nandan Nilekani, Kunal Bahl, Rohit Bansal and Girish Mathrubootham, among others 

India’s TripFactory raises Series A funding led by Aarin Capital

Started by Via Founders, TripFactory offers tour packages curated by experts and travel operators 

Indian startup HomeLane nabs US$4.5M Series A led by Sequoia

HomeLane raises US$4.5 million in Series A from Sequoia and Aarin Capital  

Former Infosys and Wipro CFOs back Indian startup CimplyFive

CimplyFive offers cloud-based compliance and risk management solutions to enterprises 

Zoomcar raises US$8 million in funding round led by Sequoia Capital

The Indian self-drive car rental company will use funds for hiring, technological development and expansion to new cities over the next one year 

Exfinity Fund raises US$17M in first round to boost tech startups

This is good news for Indian startups. The fund has signed up three deals so far and is conducting due diligence on them